Happy Thursday! Singapore investor Temasek and US-based fund Fidelity are preparing for a $200-million funding round in Lenskart. This and more in today's ETtech Morning Dispatch.Also in the letter:■ Flipkart’s FireDrops seeks use cases■ Zilingo's Ankiti Bose files FIR against cofounder ■ Database company MongoDB ups India play Temasek, Fidelity may invest $200 million in Lenskart via secondary deal109577363Singapore’s state-owned Temasek and US investment fund Fidelity are in talks to invest in...
Anthropic officially releases an IOS application for its artificial intelligence chatbot, Claude 3. Anthropic's Claude 3 officially lands on IOS with a dedicated application for the artificial intelligence chatbot, available for both paid and free users.
China’s Taijing-4 03 radar imaging satellite has recently captured detailed images of the US Navy's critical Naval Station Norfolk, underscoring its
BEIJING — Major rivers, waterways and reservoirs in China’s Guangdong province are threatening to unleash dangerous floods, forcing the government on Sunday to enact emergency response plans to protect more than 127 million people. Calling the situation “grim,” local weather officials said sections of rivers and tributaries at the Xijiang and Beijiang river basins are hitting water levels in a rare spike that only has a one-in-50 chance of happening in any given year, state broadcaster CCTV news...
Officials urge municipalities to begin emergency planning after major
The removal of WhatsApp and Threads from Apple's China App Store puts this revenue stream at risk, as it may signal further restrictions on Meta's ability to capture advertising dollars from Chinese companies looking to expand globally.
Heineken is the latest brand getting comfortable with generative AI chatbots. The brewer has integrated a gen AI chatbot into its cloud platform, KIM (Knowledge and Insights Management), letting Heineken's global workforce of 2,000 staffers query structured and unstructured data, including over 8,000 files of consumer information, interviews and reports, for real-time insights. Employees can ask questions such as "How do European millennials feel about non-alcoholic beers?" or "What are...
AET Displays, part of China’s Guangda Group, plans to invest Rs 200 crore in India over the next 12-18 months to expand manufacturing, strengthen local supply chain and after-sales service network, a top executive said. The LED screen maker has an assembly facility in Chennai and is currently sourcing up to 55% of its components for some products from Indian suppliers, said Su Piow Ko, vice president of AET Displays.“We are currently at level 1 of manufacturing in India, which stands for first...
FPT plans to use Nvidia's support to boost AI research in Vietnam
Observers have learned it’s going to take more than a few months of robust numbers to prove a rebound is truly under way.
Microsoft's search engine Bing has seen a surge of over 40 million daily active users in the past year, thanks partly to the integration of AI and features like Copilot.While not the most popular search engine, Microsoft's Bing has undergone tremendous growth and evolution in recent years. The company's strong push towards integrating AI into the platform is a significant factor in this change.In 2023, Microsoft celebrated a significant milestone: Bing surpassed 100 million daily active users....
The U.S. and China will hold their first high-level talks on artificial