Generative Ai

India, China fuel Asia’s GenAI app downloads to 684 million in H1 2025

India, China fuel Asia’s GenAI app downloads to 684 million in H1 2025

31 Jul 2025, 16:49 PM

Users spent a massive 15.6 billion hours in these apps in the first half of 2025. This equates to more than 86 million hours each day.

Amazon introduces new generative AI model as it deploys 1 millionth robot

Amazon introduces new generative AI model as it deploys 1 millionth robot

02 Jul 2025, 16:52 PM

Amazon's journey into robotics started with its acquisition of Massachusetts-based Kiva Systems in 2012 that led to the creation of Amazon Robotics based on Kiva's technology.

India’s domestic AI market to more than triple to $17 billion by 2027: BCG

India’s domestic AI market to more than triple to $17 billion by 2027: BCG

12 Jun 2025, 16:42 PM

The report noted that India has more than 600,000 AI professionals and the number is expected to more than double to 1.25 million by 2027.

Fintech Highlights

  1. RBI committee proposes AI framework for financial services sector

  2. Slice launches second UPI-integrated branch in Gurugram

  3. BharatPe in advanced talks to raise $80-$100 million in pre-IPO round

  4. ICICI hikes minimum balance requirement; Draws flak from Kotak exec

  5. BharatPe reports adjusted profit before tax of Rs 6 crore in FY25
  6. Read more news...

AI/Emerging Tech

  1. xAI co-founder Igor Babuschkin steps down to launch own venture

  2. Anthropic acquires team behind Humanloop

  3. Perplexity AI launches bold pitch to buy Google's Chrome for $34.5 billion

  4. AI unicorn Fractal Analytics files draft papers for IPO

  5. Nvidia, AMD agree to pay 15% of high-end AI chip revenue from China to US govt
  6. Read more news...

Editor's Pick

  1. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  2. Complaint filed with SEBI against hBits over disclosure concerns amid family feud

  3. RBI vs Government: The battle over India’s digital payments ecosystem explained