startups

Union Minister Rajeev Chandrasekhar. (PTI)

India is building a database for companies to train artificial intelligence models: Rajeev Chandrasekhar

India is building a large database of anonymized non-personal data for Indian companies and startups that use artificial intelligence (AI), Rajeev Chandrasekhar, Minister of State (MoS) for Electronics and Information Technology said at the Global Fintech Fest (GFF). , an industry event held in Mumbai on Wednesday. Chandrasekhar said it will be “one of the …

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The market growth is being led by SMEs. istock

Cyber ​​security companies are seeing a surge in demand

Indian cyber security firms are benefiting from the spike in cyber attacks triggered by covid. This has also boosted company revenue and increased investor interest in cybersecurity startups. Market growth is driven by the increased use of technology among small and medium enterprises (SMEs) and even governments. For example, Pune-based cyber firm Quick Heal Technologies …

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A cyclist bikes through Embarcadero Plaza in Silicon Valley (Bloomberg)

Silicon Valley is reeling between deep cuts and bold spending

Silicon Valley is conflicted about what to do about the market’s decline. Startups are getting mixed signals amid concerns about stock market volatility and the prospect of a recession clashing with a record amount of capital ready for investors. Venture capitalists are giving conflicting advice, with some encouraging startups to spend quickly while others predict …

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Tech startups fired 20k employees globally in past few months; most job losses in India, US

20k tech startups have been fired worldwide in the past few months

With VC funding disappearing amid a recession, technological innovations have laid off more than 20,000 workers worldwide since April, with more than 8,000 workers losing their jobs at the start of the Indian-led edtech platform. According to the Layoffs Aggregator, at least 20,514 people have lost their jobs at the beginning of technology worldwide since …

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Oppo Elevate program has run into its second year to help young startups.

Oppo’s tutorial, aimed at new beginners in partnership with Microsoft

Oppo has announced its partnership with Microsoft to launch the 2nd Oppo Elevate program for beginner development in the country. Through this program, the smartphone maker aims to accelerate the design of the whole of India and to educate beginners who have the potential to bring about the next major technological change in the industry. …

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Centre to handhold startups in  chip  design  to boost  output

In the middle to hold the beginnings in chip design to boost output

The government will work with beginners to help them design and develop semiconductors and enable mass production in collaboration with global production managers, the country’s minister of electronics and information technology Rajeev Chandrasekhar said during the launch of the Digital India RISC-V program on Wednesday. The government has set a timeline for the sale of …

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