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ADIA signs $500 million cheque for 10% stake in Lenskart at $4.2 billion valuation

The fundraise was done at a $4.2 billion valuation and will result in ADIA becoming one of the largest shareholders in Lenskart with a 10% stake.

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Tier-­2 growth in India integral to IBM’s strategy, says senior VP John Granger

Speaking about the larger macroeconomic concerns weighing on technology spends, IBM's senior vice president John Granger said global enterprise clients continue to spend on technology, despite inflationary concerns, in order to deal with the cost pressures on their business.

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SVB Financial explores bankruptcy as option for asset sales

SVB said on Monday it was considering strategic alternatives for its assets but did not disclose bankruptcy as one of the potential options.

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Russian hacktivist group Phoenix targets India’s Health Ministry website: CloudSEK

It was concluded that the affected entity was the Health Management Information System belonging to the Indian Ministry of Health.

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Making deepfakes gets cheaper and easier thanks to AI

"Yep that's fake," Huberman wrote on Twitter after seeing the ad, in which he appears to praise the coffee's testosterone-boosting potential, even though he never did.

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Coinbase opens local bank transfers for Singapore users at no cost

Previously, users could only purchase crypto via a Visa or Mastercard debit or credit card, or transfer crypto in and out of their Coinbase account.

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PIB will be empowered to flag fake news on govt bodies; Meta fires 10,000 more employees

PIB can issue a notice to any social media intermediary, flagging fake news on its platform; it, however, cannot take down any content.

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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...