Tech LITE - Asian News from UK

MobiKwik Takes Another Shot at IPO

The DRHP comes without any offer-for-sale (OFS) component but the company aims to raise Rs 140 crore in a pre-IPO round….reports Asian Lite News Fintech unicorn MobiKwik on Friday filed its draft

January 7, 2024

Business·Tech LITE·Technology

PM lauds ISRO on Aditya L1 reaching L1 point

Congratulating Team ISRO, Union Minister of State Science and Technology Jitendra Singh said that it is a “glorious turn of year for Bharat”…reports Asian Lite News Soon after India’s maiden solar mission,

January 7, 2024

India News·Tech LITE·Technology

Authors sue Microsoft, OpenAI for copyright infringement

San Altman-run OpenAI and Microsoft have been hit by another class-action lawsuit by book authors, who alleged that the company “simply stole” their copyrighted works to help “build a billion-dollar artificial intelligence

January 7, 2024

Business·Tech LITE·Technology

US preparing to file antitrust charges against Apple

The investigation is looking at how Apple blocks competitors from using iMessage as well as how Apple Watch works better when used with the iPhone….reports Asian Lite News The US Justice Department

January 7, 2024

-Top News·Tech LITE·USA

India Dominates Healthcare Deals

The country was set to host 22 healthcare deals last year, with deal value reaching $4.6 billion, just below the $4.7 billion in 2022….reports Asian Lite News India registered the largest share

January 5, 2024

Business·Tech LITE·Technology

Indian Fintech Faces 63% Funding Dip

Only five $100 million+ funding rounds took place last year….reports Asian Lite News India’s fintech sector saw funding plunge 63 per cent in 2023 — at just $2 billion — from $5.4

January 5, 2024

Business·Tech LITE·Technology

India Inc. Ramps Up AI Spending in 2024

The report surveyed over 300 IT decision-makers from India’s top organisations, between July and September 2023….reports Asian Lite News About 68 per cent of IT leaders stated they are gearing up for

January 5, 2024

Business·Tech LITE·Technology

Hackers tap AI to drive more cyber attacks in 2024

In 2023, concern about AI being used for nefarious purposes increased with the unprecedented developmental progress in areas like generative and synthetic AI…reports Asian Lite News The profitability and the ease with

January 5, 2024

Tech LITE

Google introduces new AI methods to develop advanced robots

AutoRT harnesses the potential of large foundation models which is critical to creating robots that can understand practical human goals…reports Asian Lite News The Google DeepMind robotics team has introduced new AI-based

January 5, 2024

Tech LITE

New AI model to predict Covid-19 variant waves early

The patterns that emerged from this analysis were used to build a Machine Learning-enabled risk assessment model…reports Asian Lite News Scientists at the Massachusetts Institute of Technology (MIT) in the US have

January 5, 2024

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