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AMAZON BUILDERS INITIATIVE
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...- Cars24 launches AI lab, commits $20 million to AI, early-stage startupsCars24 is launching Cars24 Labs, a new initiative backed by a $20 million investment. This program will focus on developing artificial inte...
- Indian founders flip Y Combinator’s $25,000 AI tokens for quick bucksA grey market for discounted AI credits has emerged following Y Combinator's Startup School in India. Attendees are selling free credits fo...
- Cerebras shares skyrocket in debut as AI mania grips marketsCerebras Systems, a chip designer, saw its shares surge 89% on its Nasdaq debut, raising $5.55 billion. The company's innovative wafer-scal...
- Cerebras to raise IPO price range to $150-$160 as demand surgesCerebras Systems plans to increase its IPO size and price. Demand for its artificial intelligence chips is surging. The company is consider...
- OpenAI breaks off Microsoft exclusivity, Amazon CEO says OpenAI models coming to AWS soonMicrosoft's exclusive hold on OpenAI's artificial intelligence models is over. This change allows OpenAI to offer its technology to competi...
- In two Amazon units, 'builder' replaces traditional job titlesAmazon is changing job titles at its Ring and Blink units. Employees will now be called "builders" and their bosses "builder leaders." This...
- Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
- Uniservice and Integra consolidate leadership, cross Rs 100 crore revenue in residential facility managementBengaluru's Uniservice Apartment Solutions LLP, a leading IFMS provider, has undergone a significant leadership consolidation and ownership...
- How Amazon became a $2 trillion giant by asking ‘why’: Andy Jassy’s ‘WhyQ’ explainedAmazon's CEO Andy Jassy has highlighted key challenges for the company, including rising consumer prices due to potential US tariffs and th...
- AWS says public services platforms adopting its tech to build solutions“Many of our customers, from small startups to large enterprises, are seeking ways to maximise their cloud investments and minimise waste,”...
- Hugging face's Jeff Boudier discusses India's ascendance in AI development and open-source innovationIndia is a leading nation for AI builders, second only to the USA in terms of users of the Hugging Face Hub, Jeff Boudier, chief product an...
- Corporate India's big push for diversity: Companies intensify efforts to recruit women from entry levelCorporate giants in India, such as RPG Group, Deloitte, Tata Steel, Amazon, and Zinnov, are doubling down on diversity by ramping up effort...
- Capgemini renews office lease in Hyderabad's Kokapet AreaThe property was leased from GAR & Sons builders. The office space has a lease tenure of 60 months across two separate deals with 15% escal...
- Builders are looking for land againIn some recent deals, Godrej Properties bought land from CIDCO in Mumbai, which was followed by Prestige buying a 6-acre land parcel in Hyd...
- India second-largest technology hub for Amazon globally: India HeadThe e-commerce company employs over one lakh professionals in India across diverse areas from engineering, supply chain, content creation, ...
- Amazon to host its first-ever Career Day in India on September 16The event will also see 140 Amazon recruiters offer over 2,000 one-on-one career coaching sessions for jobseekers across the country, inclu...
- What Jeff Bezos' exit means for Amazon in IndiaThe Amazon-Future-Reliance Retail kerfuffle aside, Jeff Bezos exits the company at a time when Amazon Web Services (AWS), led by incoming A...
- Ministry of Housing and Urban Affairs wants real estate portal for transaction to become ‘Amazon’ of the sectorThe ministry hopes that it will bring the trust back in the real estate sector. Just like the ‘Amazon’ is trusted, the ministry wants the n...
- Government looking into startups’ angel tax related concernsSuresh Prabhu said the government is committed to providing ‘the most conducive environment’ to country’s young entrepreneurs.
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