📣📣 OpenAI CEO @sama will be in conversation with @satyan, vice chairman, Times Internet, hosted by @EconomicTimes, to discuss the impact of AI on businesses, jobs, and society at large.

To watch the conversation live, click here👇

@sama @satyan @EconomicTimes The launch of ChatGPT — owned by the Sam Altman-helmed OpenAI, a company dedicated to research and deployment of AI — in November 2022 is widely reckoned to be a pivotal moment in the AI revolution

economictimes.indiatimes.com/tech/technolog…

🚨Global management consulting and strategy advisory firm Zinnov and venture capital firm Chiratae Ventures on Tuesday marked down 2026 revenue projections of the Indian software-as-a-service (#Saas) startups from $100 billion to $26 billion in its latest annual report. The report, titled India #SaaSonomics: Navigating Growth and Efficiency, said that concerns of a recession loom large for the Indian #SaaS industry, but that it has displayed remarkable antifragility to withstand turbulent times.

🚨There may be a further demand slowdown for Indian IT firms in the quarter ending June, going by the latest results of global software-as-a-service (#SaaS) and digital engineering firms. Analysts though expect the demand to revive in the second half of 2023-24 as deal pipelines remain strong and there would be additional business from cost-optimisation initiatives that will benefit the Indian IT sector.

🚨Welcome to a new edition of #FullStack by @samidhas, a place where you’ll find unfiltered commentary on all things technology. Read on 👇 #Edtech major #Byju's is faced with a trifecta of issues. There is the $1.2 billion TLB (term loan B), delayed audited results, and an equity funding round which has been in the works for months now

🚨After #digital payments and digital lending, the @RBI is looking closely at platforms that facilitate direct, or peer-to-peer (#P2P), lending between individuals. While P2P startups, as regulated non-banking finance entities, need to share business updates with the regulator on a constant basis, the RBI has now asked them about partnership models with consumer-facing applications, the flow of funds, risk sharing among partners and so on.

🚨🚨#Breaking Byju's files suit challenging loan acceleration, seeks lender Redwood's disqualification

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Several #startups including #Unacademy, Kuku FM, TrulyMadly and QuackQuack have moved the Madras High Court challenging #Google’s notice asking them to either adopt the company’s mandated billing route or risk being removed from its Play Store, people aware of the matter said. Matrimony.com chief executive Murugavel Janakiraman told ET that Google has been reaching out to startups “threatening” to delist their apps if they do not comply with its payments policy.

Amid the #pandemic in June 2020, #Wipro appointed former Capgemini COO @TDelaporte as its CEO with a mandate to “transform and take tough decisions.” The 56-year-old has driven Wipro's aggressive acquisition spree, buying a dozen companies for over $2.3 billion in last 3 years. In an exclusive interview with ET’s @Sai__ET, @Romita__ET and @SurabhiA_ET, Delaporte said the company is taking bold bets and decisions in order to “transform.”

Here are some edited excerpts 👇

🚨Venture capital funds like @sequoia Capital India, @LightspeedIndia, @matrixindiavc, @AtheraVP and @Accel_India are increasingly deploying early-stage capital in emerging sectors such as electric mobility, artificial intelligence and deep tech climate-tech and semiconductors. Investments in the three sectors -- deep tech (including AI startups) climate tech and semiconductors -- have totalled $1.58 billion in 2023, in five months itself, according to data from Tracxn.

🚨#Tata Sons has invested more than $2 billion in super app #TataNeu, which has seen a surge in business after being reworked in time for the just-concluded Indian Premier League (IPL), Tata Digital CEO Pratik Pal told ET in an interview. The app, which completed a year on April 7, was given a new design as well as improved navigation and payment systems, resulting in its best growth phase on all counts, including revenue, said Pal, who was appointed Tata Digital #CEO in 2019.

🚨 Delivery of essential items such as food, groceries and medical supplies has been disrupted even after state governments exempted e-commerce services from the ongoing lockdown tech.economictimes.indiatimes.com/news/internet/… @AditiS90 @Alnoor_ET Flipkart has now stopped taking any orders till there is clarity from local authorities while BigBasket has stopped accepting orders in Gurugram and Mumbai till further notice. Amazon has removed all non-essential items from its India marketplace tech.economictimes.indiatimes.com/news/internet/…

The outbreak of #Covid19, which was recently announced as a pandemic, has had a major impact on the world economy, bringing several industries to a standstill. Here's a look at how it has affected organisations and employees in the tech and startup industry - Several startups like @zerodhaonline, @Meesho_Official, @unacademy, @Bounce, @instamojo and technology majors such as @Twitter, @Nokia and @UiPath have asked their staff to mandatorily work from home.

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Indian IT industry is witnessing its first-ever hostile takeover bid with conglomerate Larsen & Toubro seeking to take control of the mid-tier IT services firm Mindtree. Here's a quick look at key developments so far - Coffee day group founder and Mindtree's largest investor VG Siddhartha started looking for a buyer for his 20.4% stake after leaving Mindtree board in March last year, due to liquidity pressure on his diversified business portfolio tech.economictimes.indiatimes.com/news/corporate…