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Coatue Management alumnus Michael Gilroy and longtime technology executive Gokul Rajaram are forming a venture firm, according to people with knowledge of the matter. They’re in early discussions to raise capital from anchor investors and have yet to name the firm, said one of the people, who asked not to be identified discussing confidential information. They plan to raise $400 million to $500 million for their debut fund, and will formally kick off fundraising in the new year, the person said. The pair, who plan to make early-stage investments in fintech and software companies primarily in the US, have already begun discussing making potential investments in startups, the person said.

Subscribe to enjoy similar stories. Thomas Eugene Kurtz, a pioneer in computer science whose vision of accessible computing transformed education and technology, passed away on 12 November at the age of 96. Kurtz’s enduring contributions reshaped how the world interacts with computers, empowering generations of programmers and hobbyists (shorturl.at/2tnHc).

GitHub CEO Thomas Dohmke says the Microsoft-owned software developer platform has deferred its earlier forecast — that had said India’s software developer base will surpassing the US by 2027 — by one year, citing various factors such as the economic environment and the US growth.

Meet the Drapers, hosted by veteran investor Tim Draper, who has invested in the likes of Baidu, Tesla, SpaceX and Skype.

₹79,900, you're getting a 6.1-inch panel, which many might not appreciate. Therefore, there are several other options in the Android space which offer a much bigger display and higher refresh rate displays. Here, we will tell you about the top five iPhone 16 alternatives you can find for much cheaper than the iPhone 16 or around the same price.

Hyundai and Kia are recalling over 208,000 electric vehicles to fix a pesky problem that can cause loss of drive power, increasing the risk of a crash

Germany's technology and services company Bosch is cutting its automotive division workforce by as many as 5,500 jobs in the next several years, in another sign of the headwinds hitting the German and global auto industries

CERT-In emphasises the urgency of updating to the latest software to mitigate these risks. According to the advisory, the vulnerabilities could allow attackers to execute arbitrary code or conduct Cross-Site Scripting (XSS) attacks on affected devices.The organisation has specifically identified the impacted versions as Apple iOS and iPadOS versions prior to 18.1.1 and 17.7.2, macOS versions prior to 15.1.1, Vision OS versions prior to 2.1.1, and Safari versions prior to 18.1.1.

On the BSE, Sheetal Diamond(down 19.97 per cent), Premco Global(down 17.46 per cent), Sai Swami Metals and(down 16.59 per cent), Omni Axs Software (down 11.53 per cent) and Systematix Sec(down 10.81 per cent) were among the stocks that plunged over 5 per cent during the session.

Sneaking a little ahead of line to get on that plane faster

ChatGPT and other voice services, according to people with knowledge of the matter. The new Siri, details of which haven’t been reported, uses more advanced large language models, or LLMs, to allow for back-and-forth conversations, said the people, who asked not to be identified because the effort hasn’t been announced. The system also can handle more sophisticated requests in a quicker fashion, they said. Revamping the 13-year-old Siri service is part of Apple’s efforts to become a force in artificial intelligence. The company debuted its much-ballyhooed Apple Intelligence platform last month, but it still lacks many of the features offered by other tech giants.

Nvidia’s strategy for India is built on a multi-pronged approach predicated to “accelerated computing is the future of technology,” especially for India given the energy constraints. This approach offers an efficient solution to meet the country’s growing AI needs—sustainably, said the company’s business head (cloud and consumer internet) for the South Asian market, Hasan Aijaz. “The chip is no longer the unit; it’s the data centre. You don’t have to think about chips or systems separately. You need to think about how chips and systems work together, along with the network and the software and create a full stack,” he said at the Bengaluru Tech Summit on Thursday speaking on a discussion about AI for chips. Meanwhile, US-based Qualcomm said it is focused on edge AI and making on-device AI more accessible and efficient for its end consumers. Senior VP at the firm, Srini Maddali, said «AI on the edge is not an option; it is a necessity. You will not be able to scale, nor will you get the technology leverage across the world without having AI on the device.»

Subscribe to enjoy similar stories. NEW DELHI : Japanese telecom and technology major Rakuten Group, Inc. expects growth from open radio access network (Open RAN) solutions it offers to telecom service providers in global markets, though some of its deals are yet to pan out in the Indian market.

Subscribe to enjoy similar stories. In less than four years the share price of Chegg, an online education service, has dropped by 99%. A post-pandemic slump in digital learning is partly to blame for its tumble.

According to Musk, OpenAI spends $1.5 billion annually on its workforce of 1,500 employees. This includes a median yearly compensation of $534,197, with software engineers earning a median of $810,000, significantly higher than the $257,500 average in San Francisco’s tech hub. Some high-level positions see pay reaching $1.3 million annually. Also Read: Trump’s plan to end birthright citizenship, will his son Barron be a U.S. citizen? Here's all you need to know

₹25,000, is starting to offer incredible value. In fact, with ₹25,000, there are few compromises to be made, and overall, you get a solid experience. Brands like Motorola, Nothing, and more are leading the way.

Margi Systems, a US company founded by Shrinath and Shrikant Acharya. Margi created the first widely available Personal Computer Memory Card International Association (PCMCIA) card that enabled full DVD playback on laptops. It is a standard for peripheral cards used in laptops. Users could connect this hardware, plug in a DVD and enjoy movies on their laptops with a Margi card. This was a disruption in the 1990s.

The ‘AI Collaboration Index’ report by Atlassian – a team collaboration and productivity software company – surveyed 5,000 knowledge workers across India, the US, Australia, Germany, and France. It outlines four stages of AI collaboration – from basic adoption as a simple tool (stage 1) to advanced usage as a strategic partner and decision-making advisor (stage 4). Even at the earliest stages of AI adoption, Indian knowledge workers are experiencing significant productivity gains. In India, those using AI as a simple tool (stage 1) report saving an average of 104 minutes per day, compared to the global average of around 45 minutes. This jumps to a whopping 127 minutes per day for strategic AI collaborators (stage 4), equivalent to more than an extra workday each week.

Subscribe to enjoy similar stories. Maruti-Suzuki, India’s largest carmaker, told investors last month that demand for cars remained “muted" and that it was planning higher discounts to push sales. It is also pinning hopes on sales of premium cars in rural areas, as is Hindustan Unilever, the country’s largest mass consumer packaged goods firm.

Subscribe to enjoy similar stories. Veteran media executive Peter Chernin and tech investor Andreessen Horowitz are backing a new studio that will primarily use generative artificial intelligence to make shows and movies, embracing a new technology that traditional Hollywood players are venturing into cautiously.

Mark Gurman, Apple Intelligence – the company’s AI suite – is not likely to integrate ChatGPT when it rolls out globally in December. Notably, Gurman speculates that Apple’s delay in incorporating Gemini into its AI ecosystem could be intentional, allowing OpenAI an exclusive operational window.According to the media reports, this development follows earlier announcements at Apple’s Worldwide Developers Conference (WWDC) 2024, where Craig Federighi, Apple’s Senior Vice President of Software Engineering, teased the possibility of Apple Intelligence integrating with other AI models, including Gemini.