Business

Mitto AG finds itself in the middle of a global spying business Mitto AG is a private company that has partnerships with over 100 telecom operators across the world. Mitto AG, which assisted technology behemoths such as Google, WhatsApp, Twitter, LinkedIn, and Telegram with OTP services, is now involved in a global spying business. According to a report by the London-based nonprofit The Bureau of Investigative Journalism (TBIJ), Ilja Gorelik, the company’s co-founder and chief operating officer, provided services to surveillance companies such as “selling access to Mitto’s networks to…

Standard AI has seen an explosion in demand for its computer vision platform. It now confirms the acquisition of ThirdEye Labs, a UK-based computer vision company. Standard AI, a global leader in computer vision for retail, announced the completion of its acquisition of ThirdEye Labs, a UK-based computer vision company, as well as the addition of Sameer Qureshi, a former Tesla and Lyft executive, as its first-ever vice president of machine learning. Standard AI will expand the capabilities of the Standard AI platform in exciting new ways to drive forward…

Kore.ai has extended its Series C funding round with participation from NVIDIA. Kore.ai and NVIDIA will collaborate on accelerating innovation in the deployment of conversational AI-based platforms and solutions for enterprises.  The leading conversational AI software company Kore.ai announced that it has expanded its Series C funding round with NVIDIA’s participation. Kore.ai and NVIDIA will work on accelerating innovation in the implementation of conversational AI-based platforms and solutions for companies in connection with the investment. As the global corporate sector embraces digital transformation, it is becoming increasingly important to provide outstanding…

upGrad has consolidated its three Indian subsidiaries—upGrad Campus, upGrad Jeet and upGrad KnowledgeHut. The three subsidiaries are in fact acquisitions that were rebranded by upGrad. upGrad has merged its three Indian subsidiaries—upGrad Campus, upGrad Jeet, and upGrad KnowledgeHut—to form a single parent company in India, at a time when the country’s edtech industry is experiencing tremendous churn. According to a statement issued Thursday, the merged business will provide the whole range of higher education technology offerings, appealing to both college students and working professionals. The three subsidiaries are really acquisitions…

Global health limited Medanta collaborates with Qure.ai The partnership is expected to improve the efficiency of X-Ray based diagnosis Global Health Limited (Medanta) has partnered with Qure.ai, a developer of artificial intelligence technologies, to enhance and improve the efficacy of X-ray analysis for chest diseases. According to the company, this will allow doctors to make faster and more accurate diagnoses. Medanta has been using this solution over the last few months, said Pankaj Sahni, CEO, Medanta, and would now consider other use cases beyond X-rays. “We have started using this…

Shares of One97 Communications recovered sharply for the second session Paytm shares were trading nearly 16 per cent higher on the Bombay Stock Exchange (BSE) Shares of Paytm’s parent company One97 Communications recovered for the second straight session after falling sharply for the first two days. Paytm shares were trading nearly 16 per cent higher on the Bombay Stock Exchange (BSE) at above Rs 1,700 apiece at 12:50 pm. The shares of the biggest digital payments provider gained about 16% on the NSE as well. Paytm’s market value has surpassed…