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Innovation

Flying Cars arriving sooner than expected

A personal flying vehicle capable of driving on conventional roads may be closer than we expected.  With startups like China’s Xpeng Motors bursting onto the scene, flying car production could be just a couple of years away. One such vehicle is Guangzhou Xiaopeng Motors Technology Company’s or Xpeng’s AeroHT X2 flying car. The company’s eVTOL offering recently has taken to the skies in Dubai and Guangzhou. The X2 is a two-seater with a top speed of 130 km/h. The vehicle, which is capable of fully autonomous flight and is outfitted…

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New crypto policies making american an anti network state?

Policymakers’ response to fraud allegations at centralized crypto exchange FTX has included amusing crackdowns on Americans’ voluntary use of the software. Following last week’s FTX hearing, Senate Banking Committee Chairman Sherrod Brown (DOH) proposed “possibly banning” cryptocurrency. Earlier this month, Commodity Futures Trading Commission Chairman Rostin Behnam discussed how the federal government could assist offshore cryptocurrency exchanges that block US users in “protecting those firewalls.” Banning open-source software and shutting down the global Internet is not the way to lead the free world. It undermines new ways of organizing civil…

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Earth visited by a traveler from the edge of Solar system

A spherical layer of objects frozen in time exists at the edge of the solar system, and some of these objects are occasionally nudged toward the Sun. This is known as the Oort cloud, and as the object moves toward the Sun, it begins to burn up in the intense heat of the Sun, leaving behind a fiery tail. One such object passed through Earth’s atmosphere in 2021 as a dazzling fireball over central Alberta, Canada. The fireball held secrets that would likely change our understanding of our solar system’s…

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Jammu & Kashmir to introduce unique IDs for each family

The Jammu and Kashmir administration will create a database of all families living in the Union Territory and allot them a unique alpha-numeric code, PTI reported on Sunday, citing officials. The database – JK Family ID – will be used to determine eligibility of beneficiaries of various social welfare schemes. Prerna Puri, the commissioner secretary of the Information Technology Department of Jammu and Kashmir said “Once the data in the JK Family ID database is authenticated and verified, a beneficiary will not be required to submit any more document to…

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The rise of the start-up ecosystem in India

On 16th January of 2016; the Indian government launched the Start-up India initiative with the purpose of supporting the Indian startup ecosystem and encouraging the innovative and creative minds of our nation. The plan was put into action by following these three strong pillars: handholding and simplifying Funding, Support, and Incentives Industry-Academia Partnership and Incubation To reduce the dependence of Indian startups on foreign sources, the government implemented the Fund of Funds for Start-ups (FFS) and the Start-up India Seed Fund Scheme (SISFS). It was to provide investments to startups that…

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MeitY and Google to help 100 Indian startups scale their app businesses

The Ministry of Electronics and Information Technology (MeitY) Startup Hub and Google have joined to support the Appscale Academy program, which trains early to mid-stage businesses to build high-quality apps for the global market. According to the company, the Appscale Academy Class 2022 helped one out of every three apps quadruple their installation count and visitor base by focusing on enhancing the user experience, security, user base, rating, and engagement rates. The Appscale Academy Class 2023, according to the company, will assist 100 more startups from Tier 1, Tier 2,…

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DigiYatra avaialble at Delhi T3 airport

DigiYatra is a digital service for passengers travelling via flight. The service uses facial recognition technology to process air travellers during boarding service. DigiYatra is currently available at Delhi T3, Bengaluru, and Varanasi airports. The IGI airport is witnessing an increase in daily passengers because of the holiday season. As a result, travelers are facing long queues on boarding, checking, security stops, and disarray during rush hour. To control the situation, airport authorities and airlines have requested air travelers to come 3 hours before their flight departure. Yet things will…

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India will be first to hold satellite spectrum auction: Trai Chairman

 India will be the first country to auction spectrum for satellite communication said telecom regulator Trai chairman PD Vaghela said on Tuesday. Telecom Regulatory Authority of India (Trai) will soon make recommendations to make permissions required for satellite communication from various ministries. India will be the first country to auction spectrum for satellite communication, and it should be designed to attract investments in the sector, telecom regulator Trai chairman PD Vaghela said on Tuesday. Vaghela stated at a Broadband India Forum summit on SatCom that the Telecom Regulatory Authority of…

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DeepMind launches new AI tool, Dramatron, to write film scripts

DeepMind Technologies introduced Dramatron, a new AI film writing tool, on December 9th, amid the ongoing fascination with ChatGPT’s script-writing ability. DeepMind is a subsidiary of Alphabet Inc., Google’s parent company, which recently announced this tool for writing screenplays and professional scripts on Twitter. The company also mentioned the experts’ thoughts on this tool in another tweet. What does it offer? This new tool allows writers to rewrite, re-edit, compile, and draft their story by using an Open-AI OPI and Perspective API that detects and filters hate speech on the…

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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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