In a significant leadership move, Tata Power Delhi Distribution Limited (Tata Power-DDL) has appointed Dwijadas Basak as its new Chief Executive Officer. The announcement marks a new chapter for the power utility firm, which serves over 7 million residents in North and North-West Delhi and is known for pioneering reforms in India’s power distribution sector. […]
Cred’s Valuation Slump Signals Caution for India’s Fintech Companies
Indian fintech unicorn Cred is reportedly facing a significant valuation correction, sending a strong signal to the broader fintech ecosystem in the country. Once hailed as one of the fastest-growing startups in India, Cred’s decline in valuation reflects changing investor sentiment, increased scrutiny on unit economics, and the need for a shift from growth-at-all-costs to […]
Vistra Acquires Payroll Platform iiPay to Expand Global HR and Payroll Capabilities.
Global business services provider Vistra has announced the acquisition of iiPay, a leading cloud-based payroll solutions platform. This strategic move is aimed at enhancing Vistra’s global payroll and human capital management offerings, enabling the company to better serve multinational organizations with streamlined, tech-enabled payroll operations. A Strategic Fit for Global Expansion The acquisition of iiPay […]
Surprise? OpenAI to Connect with Google Cloud for Data Center Capacity, Says Report.
In a surprising development in the artificial intelligence space, OpenAI is reportedly in talks with Google Cloud to secure additional data center capacity, according to a recent report. This potential partnership between two of the most powerful forces in AI — OpenAI, backed by Microsoft, and Google, a long-time AI pioneer — has caught the […]
Meta Launches AI ‘World Model’ to Advance Robotics and Self-Driving Cars.
Meta has its latest breakthrough in artificial intelligence — a powerful new “world model” designed to help machines better understand and interact with their physical surroundings. This innovation could be a game-changer for fields like robotics, autonomous vehicles, and augmented reality, placing Meta at the forefront of AI development beyond language and vision. What is […]
WalkMe Boosts Efficiency for HR and Employees at TUI.
xGlobal travel and tourism leader TUI Group has partnered with digital adoption platform WalkMe to streamline internal operations and enhance user experiences for both HR teams and employees. The collaboration marks a major step forward in TUI’s digital transformation journey, as it seeks to simplify workflows, boost productivity, and improve technology adoption across its workforce. […]
Salesforce Debuts Agentic Self-Service, Aims to “Revolutionize” Customer Portals.
Salesforce is doubling down on AI-driven customer experiences with the launch of Agentic Self-Service, a new product designed to transform traditional customer portals into intelligent, autonomous assistants. Revealed during its latest announcement, this innovation aims to reduce dependency on human agents by enabling customer portals to think, decide, and act on behalf of the user. […]
PowerUp Money Raises $7.1M to Redefine Wealthtech in India.
In a significant development for India’s growing fintech landscape, PowerUp Money, a wealthtech spin-off from credit card startup Uni Cards, has raised $7.1 million in a funding round led by Accel and Blume Ventures. Other notable investors include Utsav Somani’s iSeed, CRED’s Kunal Shah, and Groww’s Lalit Keshre, signaling strong confidence in PowerUp’s vision to […]
Apple Opens Its AI to Developers, But Keeps Its Broader Ambitions Modest.
At its highly anticipated Worldwide Developers Conference (WWDC) 2025, Apple officially stepped into the generative AI race, its new AI framework — Apple Intelligence — and giving developers access to a suite of tools designed to enhance user experiences across iOS, macOS, and iPadOS. While the move signals Apple’s commitment to integrating AI into its […]
Reddit Sues Anthropic for Scraping User Data to Train AI.
In a legal escalation that underscores the intensifying debate over AI training practices, Reddit has filed a lawsuit against AI startup Anthropic, accusing it of unlawfully scraping vast amounts of user-generated content from the platform to train its large language models. The lawsuit, filed in a U.S. federal court, alleges that Anthropic violated Reddit’s terms […]
