Abu Dhabi Fund 10X AD, Apollo Global in talks to invest in Byju’s parent or Aakash

It’s not clear if 10X AD will lead an investor consortium of family offices and ultra-high-net-worth individuals in Abu Dhabi or go it alone and invest $150-200 million

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Snap expands chatbot My AI with ability to create images; says Snapchat+ has 3 million subscribers

The announcement came at Snap's annual Partner Summit. The company aims to use the technology to speed up its development of augmented reality (AR) features, or computerized images overlayed on top of photos and videos of the real world.

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ETtech Exclusive: Snap India doubled user base, engagement in 2022: CEO Evan Spiegel

Snap’s Spotlight also competes with YouTube's Shorts, while another global rival TikTok, owned by China’s ByteDance, is banned in India.

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German authors, performers call for tougher ChatGPT rules amid copyright concerns

Trade unions for the creative sector Verdi and DGB and associations for photographers, designers, journalists and illustrators set out their concerns in a letter to the European Commission, European Council and EU lawmakers.

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Once booming Indian startups set for more pain as funding crunch worsens

Startups in India raised just $2 billion in the first quarter of 2023, 75% lower than the same period of last year, and the smallest quarterly number in nearly three years, figures from data firm CB Insights showed.

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Foxconn looks to expand Chennai iPhone facility; awe and nostalgia at Apple’s Mumbai store launch

Driven by the sharp increase in exports of Apple products from India, Foxconn is strengthening its manufacturing presence in the country. This and more in today's ETtech Morning Dispatch.

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Foxconn to bring in technology partners for semiconductor manufacturing in JV with Vedanta

Of the two partners, Foxconn is responsible for bringing in technology partners, and the JV will enable more licences as needed, said Akarsh Hebbar, managing director of the company’s global display and semiconductor business.

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