Morning Daily - 2024-04-25

Morning Daily 2024-04-25

Thursday, April 25, 2024

Valued at about $30 billion, MongoDB counts Tata Digital, Tata AIG, Canara HSBC Life Insurance, Zomato, Devnagri, Ambee, Inovaare and Observe.AI among its key clients. read more...

Microsoft and Amazon's AI partnerships draw UK watchdog scrutiny

CMA investigates Microsoft-Mistral AI, Amazon-Anthropic partnerships, Open AI collaboration. U.S. FTC orders data from generative AI firms, cloud providers. Report by Shabong, Sandle, Coulter. read more...

Meta shares sink on higher AI spending, light revenue forecast

Shares of the Facebook and Instagram parent dropped about 15% in extended trade following the report, its market capitalization plunging to about $1 trillion. read more...

CERT-In finds multiple bugs in Microsoft Edge, advises users to update

"Multiple vulnerabilities have been reported in Microsoft Edge (chromium-based) which could allow the remote attacker to cause a denial of service condition, remote code execution, sensitive information disclosure and security restriction bypass on the targeted system," said the CERT-In advisory. read more...

Flipkart's Blockchain-based FireDrops seeks more use cases

Walmart-owned ecommerce major Flipkart is collaborating with Polygon for its web3 plans and aims to go deep with this partnership this year, which can help change the way Indians shop and engage with brands online, senior industry executive told ET. read more...

Nvidia acquires GPU software provider Run:ai likely for $700 million

"Run:ai has been a close collaborator with Nvidia since 2020 and we share a passion for helping our customers make the most of their infrastructure," said Omri Geller, Run:ai cofounder and CEO. read more...

XPeng CEO says its software, AI upgrades to enter 'super fast cycle'

In February, XPeng said it plans to hire 4,000 people this year and invest 3.5 billion yuan (USD 482 million) in artificial intelligence for intelligent driving technology. read more...

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