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Microsoft acquires Nuance to usher in ‘new era of outcomes-based AI’

Nuance, the company behind Siri’s backend, has been acquired by Microsoft in a massive deal that the company claims would usher in a “new age of outcomes-based AI.” “Completion of this significant and strategic acquisition brings together Nuance’s best-in-class conversational AI and ambient intelligence with Microsoft’s secure and trusted industry cloud offerings,” said Scott Guthrie, Executive Vice President of the Cloud + AI Group at Microsoft. “This powerful combination will help providers offer more affordable, effective, and accessible healthcare, and help organisations in every industry create more personalised and meaningful…

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Amazon’s Clubhouse competitor Amp will let users host live radio shows

Amp, an Amazon app with Clubhouse-like features, has just been released. The software is similar to an audio player, but it will include additional capabilities such as the ability to host live radio shows. Show hosts can select tracks from Universal Music Group, Sony Music Entertainment, Warner Music Group, and a slew of independent music labels, including Beggars Group, Believe, CD Baby, and others. Talking about the new app, John Ciancutti, vice president of Amp, said, “Radio has always been about music and culture. But imagine if you were inventing…

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Flipkart partners with Google Cloud for providing better customer service

Flipkart has signed a multi-year agreement with Google Cloud, allowing it to use Google’s data centres and services to improve its overall customer service. Cloud computing allows businesses to develop goods and services without having to maintain their own servers and data centres. Flipkart will be able to handle more traffic during peak shopping seasons as a result of this partnership, and hence reach more customers. Flipkart will also be able to accelerate the development of new products in order to expand into tier-2 and tier-3 cities. Flipkart’s data analytics will…

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Ukraine invasion sets back Musk’s dream for cheaper EVs, for now

Rising material costs, worsened by Russia’s invasion of Ukraine, might put Tesla CEO Elon Musk and other auto executives’ plans to roll out more cheap electric vehicles on hold. According to Gregory Miller, an analyst at industry forecaster Benchmark Mineral Intelligence, rising prices of nickel, lithium, and other materials threaten to slow or even reverse the long-term trend of falling costs of batteries, the most expensive part of EVs, impeding broader adoption of the technology. That’s on top of a supply chain already clogged by the COVID-19 outbreak and a…

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Women entrepreneurs leading India’s billion dollar startups

Four of the 44 Indian startups that became unicorns last year were run by women. Although the number appears modest at first glance, it is significantly greater than the two companies that made the list in 2020. To make matters even better, in the first two months of 2022, four female-led businesses have already joined the unicorn club. Mamaearth by Ghazal Alagh, Hasura by Rajoshi Ghosh, LEAD School by Smita Seorah, and Pristyn Care by Dr Garima Sawhney are among the names on the list. In startup jargon, a unicorn…

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Google reaches new deal with French newspapers on licensing rights

Google and a trade group representing almost 300 French newspapers have achieved a new agreement on content publishing rights, the two parties announced on Thursday. According to a joint statement, the agreement indicated that negotiations on how much to pay publications for utilising their material in Google search results, which began in September, were successful. In January, Google and the French publishers’ lobby announced that they had reached an agreement on a copyright framework that would allow the US internet giant to pay news publishers for online content, paving the…

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India no longer just a low cost centre but main innovation hub: Chandra Reddy, head of engineering and R&D – India, Capgemini

Digital practises are increasingly accounting for a larger share of revenue for IT services firms. Digital has effectively cut across major core engineering verticals—manufacturing, automotive, wireless technology, logistics, and many more—with Covid-19 accelerating digital adoption. Despite Covid-19, according to a recent Zinnov report, engineering, research, and development (ER&D) spending has remained resilient, increasing by 3% year over year. It also predicted that global ER&D spending would reach $2.1 trillion by 2024, with a CAGR of 9%. This massive opportunity has attracted IT services brands from around the world to capitalise…

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Google debuts subscription service Play Pass in India

Google, which has been at odds with the Indian startup and developer community for months, has announced the launch of Google Play Pass in India. Google Play Pass is a subscription service that provides access to many apps and games without ads, in-app purchases, or upfront payments. It is currently available in 90 countries. Play Pass will have 1,000+ titles from 59 different nations, including many from India, in 41 different categories. Play Pass, which has the ability to reach users in 90 countries, would provide Indian developers of all…

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HP’s Make in India plans focused on local procurement of subcomponents

HP’s shipments grew by 58.7% per cent YoY in CY2021. While the company continues to grow in both the commercial and consumer segment, until now, the majority of HP’s hardware was imported in the country. The American multinational intends to change this with its “Made in India, for India” plans. The company has been manufacturing commercial desktops in India for a long time but it has now commenced local manufacturing of laptops in the country. Laptops including HP’s EliteBooks, ProBooks and HP G8 series notebooks are being made at the…

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Byju’s-owned upskilling platform Great Learning buys recruitment firm Superset

The upskilling platform Great Learning, which is owned by Byju, announced on Tuesday that it had acquired Superset, a recruitment platform backed by Blume Ventures. The transaction’s value was not disclosed by the company. Great Learning said in a statement that Superset will continue to operate under the leadership of its co-founders Naman Agrawal and Pranjal Goswami. Agrawal told VCCircle in an interview that Blume Ventures had exited the company as part of the deal. Superset was founded in 2017 by Weblength Infonet Pvt. Ltd with the goal of using…

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