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Funding crunch healthy for startups as it’ll bring profitability to the fore: GSV’s Deborah Quazzo

Quazzo told ET during an exclusive interaction that the pace of investments has slowed down in both the US and India and is likely to remain muted for the rest of the year at least.

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TCS not considering layoffs, hiring impacted employees from startups: CHRO Milind Lakkad

TCS chief human resources officer Milind Lakkad said the company, which employs over 6 lakh people, will be announcing hikes similar to earlier years.

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US cracks down on crypto industry with flurry of actions

Last month, the Securities and Exchange Commission levied fines and other penalties against crypto lending firms, while federal banking officials issued policy statements that appeared calculated to make it harder for crypto companies to participate in the mainstream finance system.

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US Supreme Court takes on immunity for tech giants

Enacted when Facebook founder Mark Zuckerberg was just 11 years old and Google's creation still two years off, Section 230 is seen as a fundamental law of the internet and considered inviolable by its staunch defenders.

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ChatGPT sparks AI 'gold rush' in Silicon Valley

Artificial intelligence (AI) has been increasingly present in everyday life for decades, but the November launch of the conversational robot from start-up OpenAI marked a turning point in its perception by the general public and investors.

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Digital tech services firm Nuvento raises $3.3 million funding to expand cloud, data offerings

Demand for digital capabilities is rapidly increasing as companies look to find ways to automate and optimise their operations, the company said in a statement.

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US cracks down on crypto industry with flurry of actions

Last month, the Securities and Exchange Commission levied fines and other penalties against crypto lending firms, while federal banking officials issued policy statements that appeared calculated to make it harder for crypto companies to participate in the mainstream finance system.

from Tech-Economic Times https://ift.tt/JUc8EdQ

Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...