Tech & Startups

    SAP expects 10-15% more revenues via new GenAI use cases

    SAP plans to expand Gen AI applications to boost revenue. India's R&D center vital for AI growth. Private LLMs offer tailored solutions. Flexible LLM architecture adopted for varied tasks. Task suitability crucial for optimal performance.

    Elon Musk's xAI to launch improved version of chatbot

    The new version, called Grok-1.5, will be made available to early testers and existing Grok users on social media platform X, formerly known as Twitter, in the coming days, xAI said in a statement.

    Poll of the Day

    Should there be an Indian alternative to Google Play Store for Indian internet companies?

    Startups

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    VCs in reset mode amid exit pressure; and other top tech & startup stories this week

    While VCs haven’t really been busy closing deals over the past year or so, their performance has surely come under increased scrutiny as limited partners (LPs) or sponsors of funds ask for cash returns. The Indian venture market, which is now 15 years old, has been exit-starved and a prolonged downturn has exposed the state of the industry very clearly.

    Byju’s rights issue offer to estranged investors; TCS kicks off fresh hiring

    Byju’s held an extraordinary general meeting (EGM) this morning to increase its authorised share capital. None of the participating investors objected to the proposal.

    Exclusive: Startups under I-T scanner again; payments startups & processing charges

    Indian startups are under scrutiny from the income-tax department over the funding that they’ve raised. This and more in today’s ETtech Morning Dispatch.

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