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Micromobility company Lime reports first profitable year, mulls IPO

Founded in 2017, Lime runs electric scooters, electric bikes and electric mopeds in various cities around the world.

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Microsoft increases chat limits on Bing AI

ChatGPT-driven Bing search engine triggered a shockwave after it told a reporter with The New York Times that it loved him, confessed its destructive desires and said it "wanted to be alive", leaving the reporter "deeply unsettled."

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Exclusive | Focus is on profitability, growth at all costs never sustainable: ShareChat CEO

The Bengaluru-based firm, backed by Twitter and Snap Inc, has cut its cash burn down by a third compared to the same time last year, ShareChat founder and CEO Ankush Sachdeva told ET.

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Microsoft inks Nvidia game deal to assuage regulators over Activision merger

Britain earlier this month said the deal could harm gamers by weakening the rivalry between Xbox and PlayStation, result in higher prices, fewer choices and less innovation for millions of players, as well as stifling competition in cloud gaming.

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Microsoft's president to push Activision deal at EU hearing; Google, Nvidia also present

The hearing will allow Xbox maker Microsoft to gauge the mood among senior EU and national competition officials and Commission lawyers ahead of the submission of remedies to address antitrust concerns.

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Edtech startup NxtWave raises $33 million in funding round led by Greater Pacific Capital

Edtech firm NxtWave on Tuesday said it has raised $33 million (about Rs 272 crore) in its latest funding round led by private equity firm Greater Pacific Capital. NxtWave's existing venture investor Orios Venture Partners also participated in the funding round.

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NBA, Ant Group launch strategic partnership in China

Fans in China would have access to NBA video content on Alipay, the hugely popular payments app owned by Ant Group, the company said in a statement.

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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...