The Victorian Deputy Privacy Commissioner has raised concerns about the privacy risks associated with employing AI large language models in government work. The growing use of these advanced technologies poses potential challenges to the protection of personal information and individuals’ privacy rights. AI large language models, such as those used in various applications, including chatbots …
Reliance Industries’ e-commerce venture JioMart has recently undertaken a restructuring process that has led to the layoff of over 1,000 employees in its business-to-business (B2B) unit. The move comes as the company seeks to streamline its operations and optimize its workforce in response to evolving market dynamics. JioMart, which was launched by Reliance Industries as …
Ritesh Agarwal, the visionary founder and CEO of OYO, a leading global hospitality company, has garnered significant attention for his entrepreneurial success and innovative business strategies. Aspiring entrepreneurs can draw inspiration from Agarwal’s journey and benefit from his valuable advice on navigating the challenging yet rewarding path of entrepreneurship. Ritesh Agarwal’s entrepreneurial journey serves as …
PhonePe, India’s leading digital payments platform, has successfully raised an additional $100 million in funding from global investment firm General Atlantic. This investment underscores the growing confidence and potential of PhonePe in the competitive Indian fintech landscape. General Atlantic’s investment comes as an extension to PhonePe’s previous funding round, further strengthening the company’s financial position …
RootFi, a promising B2B SaaS startup, has successfully raised $1.5 million in a funding round led by Y-Combinator and several other prominent investors. The investment will empower RootFi to accelerate the development and deployment of its innovative software-as-a-service solutions for businesses. RootFi focuses on providing cutting-edge SaaS tools designed to streamline and enhance various aspects …