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Technology

Google is a Monopolist: US Judge Amit Mehta Issues Historic Judgment in Search Antitrust Case

New Delhi | 06-08-2024, 10:43 AM A federal judge ruled that Google holds an illegal monopoly in search and text advertising markets. The decision marks a major regulatory milestone, the first anti-monopoly ruling against a tech giant in decades. Google plans to appeal the decision, citing recognition of its superior search engine quality.   In a landmark decision, US District Court Judge Amit Mehta has ruled that Google holds an illegal monopoly in the search and text advertising markets. This judgment marks a significant regulatory moment, being the first anti-monopoly…

OpenAI Has Developed a Tool to Detect and Mark AI Writing, You May Never Get to Use It

New Delhi | Updated 05-08-2024 OpenAI’s tool can detect AI-generated text with 99.9% effectiveness. The tool has been ready for a year but remains unreleased to attract and retain users. Concerns include complexity, risk factors, and the potential misuse of the tool if widely available.   OpenAI’s ChatGPT can write, rewrite, and paraphrase any text prompted to it, saving time for many but raising concerns about its use for cheating, particularly in educational settings. Since its inception, ChatGPT has sparked widespread debate about its potential for misuse. However, OpenAI has…

Meta’s AI Finds a Home: India Now Largest Market as Q2 Revenue Hits $39.1 Billion

New Delhi | Updated 03-08-2024, 01:19 PM Meta’s Q2 revenue hits $39.1 billion, with a 22% year-over-year increase. India becomes Meta’s largest market for AI usage, particularly on WhatsApp. Meta expands AI assistant to seven new languages, including Hindi, and sees growth in its Threads platform.   India has emerged as Meta’s largest market for AI usage, CEO Mark Zuckerberg revealed during the company’s second-quarter earnings call. This milestone highlights the rapid adoption of AI technology in India and Meta’s growing presence in the country. “We are seeing particularly promising…

Chandrayaan-3 Success Boosts Startup Interest in Indian Space Sector: Former ISRO Scientist

New Delhi | Updated 03-08-2024, 12:51 PM ISRO’s Chandrayaan-3 mission sparks startup interest in Indian space sector, says ex-ISRO scientist Nambi Narayanan. Tamil Nadu Minister TRB Rajaa and Narayanan launch Vaanam Space Tech Accelerator to support space startups. Vaanam aims to nurture startups with expertise and funding, evaluating six startups this year.   The successful Chandrayaan-3 mission by ISRO has ignited a wave of interest among startups aiming to enter the Indian space sector, according to former ISRO scientist Nambi Narayanan. This enthusiasm was evident at the launch of the…

TechnoXian World Robotics Championship 2024: A Global Confluence of Innovation and Competition

New Delhi | Updated 01-08-2024, 03: 32 PM The TechnoXian World Robotics Championship 2024 is set to break new records and elevate the standards of global robotics competitions. Scheduled to take place from August 24th to 27th at the Noida Stadium, this prestigious event will witness unprecedented participation and groundbreaking challenges. Key Highlights: 50+ Countries Participating: Teams from over 50 countries will converge to showcase their robotic innovations and compete for top honors. Record-Breaking Participation: With 50,000 participants from 5,000 schools and colleges, TechnoXian 2024 is poised to set a…

Meta Top Executive Says India Is the Largest Market in the World for Meta AI Usage

New Delhi, UPDATED: Aug 1, 2024 02:52 IST In Short Meta’s Q2 earnings show a 50% share rise and 22% revenue growth. India is the largest market for Meta AI usage. Meta AI rolled out in India in June 2024 on WhatsApp, Facebook, Instagram, and Messenger. Meta reported its second-quarter earnings on Wednesday, revealing a significant milestone: its shares have risen by nearly 50%, and revenue has increased by 22% this quarter. Central to these achievements is the Indian market. During the earnings call, Meta CFO Susan Li highlighted India…

Debut of Startup Dangal at Startup Mahakumbh 4.0: Vetdiag Genomix Emerges as Winner

 Vetdiag Genomix, founded by Dr. G. Mohana Sheela, won the inaugural Startup Dangal competition with its innovative  solutions. The debut of Startup Dangal featured diverse startups from various sectors, highlighting the vast potential and dynamic nature of India’s entrepreneurial ecosystem. The event provided startups with visibility, networking opportunities, and valuable feedback from industry experts, setting a promising precedent for future editions of the competition.   New Delhi,02-07-2024– The highly anticipated debut of Startup Dangal took center stage at Startup Mahakumbh 4.0, marking a significant milestone in the event’s history. Organized…

Arthmate Wins ‘Best Startup Initiative in AI Sector’ Award at Startup Mahakumbh

Arthmate offers a comprehensive digital lending tech solution, analytics-based risk tools, and capital for lending through its NBFC and partner banks/NBFCs. Includes a Credit Exchange Platform, Credit Cloud with plug-n-play API lending stack, and an advanced Risk Engine utilizing non-traditional data for better predictive models.  One-stop solution for credit and lending-tech, profitable since inception, low GNPA in retail/MSME lending, rapid partner integration, and scalable product portfolio.   New Delhi, 30-06-2024 — Arthmate, founded by Ranjan Kant, has been awarded the ‘Best Startup Initiative in AI Sector’ at Startup Mahakumbh 2024….

REBOOT ACADEMY Wins Robotics Startup of the Year Award at Startup Mahakumbh 2024

Revolutionizing robotics education in schools through AI integration. Empowering students with future-ready skills in robotics and AI. Fostering creativity and problem-solving through practical learning experiences.   New Delhi, 30-06-2024 – Reboot Academy, founded by Anshu Dubey, has been honored with the prestigious “Robotics Startup of the Year” award at Startup Mahakumbh 2024. This accolade recognizes Reboot Academy’s pioneering efforts in transforming robotics education through innovative AI technologies. Reboot Academy is committed to reshaping how robotics is taught in schools by integrating AI into the curriculum. This approach aims to create…

Metaverk Wins Blockchain Startup of the Year Award at Startup Mahakumbh 2024

Developed proof-of-concept (POC) for a prominent education institute using Mixed Reality. Implemented Virtual World showrooms for a leading construction company to enhance customer engagement. Recognized for pioneering efforts in blockchain technology across diverse sectors. New Delhi,30-06-2024 – Metaverk, founded by Vikas Ahuja, has been awarded the prestigious Blockchain Startup of the Year at Startup Mahakumbh 2024. This accolade celebrates Metaverk’s innovative use of blockchain technology to revolutionize industries and enhance customer experiences. Metaverk’s standout achievements include creating a proof-of-concept (POC) for a prominent education institute, leveraging Mixed Reality to transform…