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In his new role, he will focus on helping the company tailor its AI products to meet the needs of customers in European and African markets.
The ED alleged that these platforms advertised instant cross-border money transfer services using cryptocurrencies despite not being authorised payment system operators.
During the raids, the ED reportedly seized substantial cash, valuables, electronic devices, and other incriminating evidence.
The ED also alleged that the gaming company used bots to play games against users without their knowledge, causing losses of about Rs 1,154 crore to players.
The case is linked to alleged illegal gains made through Gameskraft's real-money gaming apps, including RummyCulture and RummyTime.
In this edition, we have a bit unusual write-up on 'Money'. But, on the emerging tech side, we look at the most-talked about Emergent's case and how ARR is being rethought in AI.
The bank clarified that withdrawing the resolution does not amount to dropping Gupta's candidacy altogether.
The founders were apprehended last week on March 21 from Bengaluru and produced before a holiday court in Thane for alleged fraud.
CoinDCX said the FIR is “false” and attributed the case to an impersonation scheme involving individuals posing as the company’s founders.
The appointment comes after Rishi Gupta, MD and CEO, was arrested late last month under the GST Act.
The funding round saw participation from Lightspeed, B Capital, Seaborne Capital, Beenext, Sparrow Capital and 2.2 Capital.
Notably, Meta had made an attempt to lure a handful of senior researchers from Thinking Machines last year but they had reportedly rejected the offer.
The funding round also saw participation from angel investors including founders and executives at fintech firms.
The funding round saw participation from Sparrow Capital and Gemba Capital.
New investors CapitalG and Sapphire Ventures also joined the funding round.
The combined entity now aims to achieve joint annual revenue of Rs 850 crore within the next three-year period.
In its internal proble, CoinDCX found that cybercriminals had gained unauthorized access to the exchange's systems using its employee's workplace login credentials.
Greg Brockman, president and co-founder at OpenAI, welcomed all of them in an X post.
Federal Bank’s executive director Shalini Warrier has resigned from the bank to pursue an entrepreneurial opportunity.
Post acquisition, InCred Global Wealth will manage assets exceeding $2 billion across Dubai, Singapore, and London.
