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What Sundar Pichai said about Google layoffs?

Sundar Pichai added that he cannot make “forward-looking commitments.” Last week, a report claimed Google would fire nearly 10,000 employees. Twitter, Amazon, and Meta have fired thousands of employees in the last two months. Google appears to be the next major tech giant to lay off thousands of employees to reduce operating costs in the face of uncertain macroeconomic conditions. Google parent Alphabet was reported to be laying off nearly 10,000 employees in the coming weeks last week. Following an all-hands meeting last week, things at Google have become tense….

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Tech-enabled Carbon Credits startup Varaha Raises $4M from Orios, Omnivorezxsaxzsxssxa

Bengaluru-based Varaha platform has raised $4 million in a seed funding round. The platform was founded in 2022 by Madhur Jain, Ankita Garg, and Vishal Kuchanur. Bengaluru-based Varaha, a technology-enabled platform for generating carbon credits through nature-based solutions, has raised $4 million in a seed funding round led by Orios Venture Partners, with Omnivore, RTP Global, Better Capital, and other angel investors participating. Varaha was founded in 2022 by Madhur Jain, Ankita Garg, and Vishal Kuchanur to modernise carbon markets through diverse climate action projects that are vetted using advanced remote sensing…

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Java Capital Launches Rs 75 crore Seed Stage Fund

Java Capital  has launched its first fund with a corpus of Rs 75 crore. The Fund has achieved its first close at Rs 30 crore and expects to do a final close in the next six months. Java Capital, a SEBI-registered Alternate Investment Fund (AIF) focused on seed-stage investments, has launched its first fund with a corpus of Rs 75 crore, including a greenshoe option of Rs 25 crore. The Fund, according to the firm, has completed its first close at Rs 30 crore and expects to complete its final…

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Adobe to begin selling AI-generated stock images

Adobe has announced that it will sell images generated by AI-powered tools Rapid advancements in generative AI systems have increased their popularity over recent months. Adobe has announced that images generated by AI-powered tools such as DALL-E, Stable Diffusion, and Mid journey will be sold. In recent months, rapid advancements in generative AI systems have increased their popularity. Shutterstock announced in October that it was expanding its partnership with DALL-E creator OpenAI. Shutterstock will offer DALL-E images to customers as part of the expanded partnership. Concerns have been raised about the…

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Uniqus Consultech raises $12.5M in a Series A round led by Nexus

Uniqus Consultech announced the launch of its operations by raising US$12.5 million in a Series A funding round. The investment also marks the first investment for Sorin Investments, an early-stage tech fund founded by private equity veteran Sanjay Nayar, Former Chairman of KKR India. Uniqus Consultech, a tech-enabled global platform that provides ESG and accounting and reporting consulting, announced the launch of its operations by raising US$12.5 million in a Series A funding round for the sale of a minority stake. The funding round was led by Nexus Venture Partners,…

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Twitter Verified subscription with blue, grey, gold checkmarks launching today: Report

Twitter is working to launch the new Verified subscription today, a new report suggests. The launch may be scheduled for Friday but the roll out is estimated to begin next week, according to a report by The Verge. Twitter is working to launch the new Verified subscription today according to a new report. Elon Musk, Twitter’s new CEO, has not confirmed the rollout. He had previously stated that it would be available in the first week of December. According to The Verge, the launch is scheduled for Friday, but the…

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Personal data of 6 lakh Indian hacked and sold on bot markets for Rs 490 each

Hackers are stealing digital data and selling it in underground markets. Identity theft is carried out by planting malware in the victim’s computer. AIIMS Delhi recently faced a cyber-attack that compromised the sensitive information of millions of patients. Sensitive data from at least five million people worldwide, including 6 lakh Indians, was hacked and sold on the bot market. According to reports, nearly 12% of all data sold in bot markets so far belongs to Indian users, making India one of the worst affected countries by cyber identity theft. According…

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Top 5 Advanced Humanoid robots

Humanoid robotics is a new and challenging research field that has gotten a lot of attention in recent years. Humanoid robots, despite being one of the smallest groups on the market today, have the greatest potential to become the future industrial tool and will continue to play a central role in robotics research and many 21st-century applications. Understanding human-like information processing and the human brain’s underlying mechanisms in dealing with the real world is one of the common issues addressed in humanoid robotics. They are currently expected to serve as…

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Legal-tech startup Amikus AI raises over Rs 96 lakh in a pre-Seed round

AI-powered legal-tech startup Amikus AI said it has raised over Rs 96 lakh in a Pre-Seed funding round The funds raised will be utilized to expand the product team, including employing more front-end, back-end, and machine-learning developers. AI-powered legal-tech startup Amikus AI said it has raised over Rs 96 lakh in a Pre-Seed funding round led by Inflection Point Ventures (IPV), a Gurugram-based angel investment firm. According to the startup, The funds raised will be utilized to expand the product team, including employing more front-end, back-end, and machine-learning developers. Founded…

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Ed-tech startup Vedantu fires 385 more employees, sacks over 1000 in 2022

Vedantu has reportedly laid off 385 employees. Vedantu is conducting fourth round of layoffs this year. Vedantu’s current workforce stands at slightly over 3300. The Indian ed-tech startup picture is currently facing challenges, with layoffs occurring on a regular basis. The most recent one comes from Vedantu, a well-known educational technology company. According to reports, the company has laid off 385 employees, or slightly more than 11% of its workforce, in the fourth round of layoffs this year. This brings the total number of layoffs at the ed-tech firm this…

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