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UPI has experienced its second outage within a week, raising concerns over the reliability of the digital payment system. Users have faced disruptions, impacting transactions and overall confidence in the platform. This incident highlights ongoing challenges in maintaining seamless digital financial services.
A blockchain capable of processing 7,000 transactions per second is poised to revolutionize regulated finance, enhancing efficiency and transparency in financial systems. This innovation could reshape how institutions operate, ensuring compliance while fostering growth in the digital economy.
Accosis Corporation has introduced the UPI QR Soundbox, aiming to enhance the digital payment experience. This innovative device is set to transform how transactions are conducted, making them more efficient and user-friendly. The launch marks a significant step forward in the digital payment landscape.
Guangdong province has launched an initiative to establish itself as a hub for AI and robotics, offering substantial subsidies, including grants of up to 50 million yuan for manufacturing innovation hubs. The plan also supports open-source communities and large language model use cases, with contributions from local tech giants like Huawei and Tencent. This effort aims to position Guangdong as a global leader in the sector, following the success of similar initiatives in other provinces.
Indian blockchain startup DeCharge has secured $2.5 million in seed funding, led by Lemniscap, with contributions from various investors including Colosseum and Daedalus Angels. Founded in 2024, DeCharge operates a decentralized EV charging network on the Solana blockchain, focusing on expanding its IoT-enabled VoltBox chargers across the US, Europe, the Middle East, and emerging markets.
Qualcomm has acquired the generative AI division of VinAI, a Vietnamese startup. This strategic move highlights Qualcomm's commitment to enhancing its capabilities in the rapidly evolving AI landscape. The acquisition is expected to bolster Qualcomm's position in the technology sector.
Alibaba is set to unveil its flagship AI model as early as April 2025. This release marks a significant step in the company's advancements in artificial intelligence technology, positioning it to compete in the rapidly evolving AI landscape.
SpaceX is set to establish its first Starlink ground station in Danang, Vietnam, with operations anticipated to start in May or June 2025. The initiative is part of a five-year pilot program allowing full foreign ownership, with plans for 10 to 15 stations nationwide. The initial investment is estimated at $3 million, though the project's future may be impacted by potential U.S. tariffs on countries with significant trade surpluses, including Vietnam.
Egyptian semiconductor startup InfiniLink has secured $10 million in seed funding to enhance its optical connectivity solutions for AI-driven data centers. Founded in 2022, the company specializes in advanced optical data connectivity chips, addressing the increasing bandwidth and energy efficiency demands of modern applications.The funding round, led by MediaTek and Sukna Ventures, will support InfiniLink's mission to transform data center connectivity through its innovative Silicon Photonics technology. The partnership aims to accelerate the commercialization of these groundbreaking solutions, positioning the company for global expansion.
Sesame AI Inc., a US startup specializing in AI voice assistants, is seeking to raise over $200 million in funding, potentially co-led by Sequoia Capital and Spark Capital, which would elevate its valuation to over $1 billion. Founded in 2023 by Brendan Iribe and Ankit Kumar, the company launched its voice assistants, Maya and Miles, in February after securing $47.5 million in a Series A round led by Andreessen Horowitz.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
UPI experiences second outage within a week affecting users nationwide
21:28 02.04.2025
a blockchain revolution transforming the landscape of regulated finance
16:51 02.04.2025
Accosis Corporation introduces innovative QR soundbox for digital payments
16:27 02.04.2025
Guangdong province launches initiative to become AI and robotics hub
07:00 02.04.2025
Indian startup DeCharge secures 2.5 million dollars for blockchain EV charging solutions
04:00 02.04.2025
qualcomm purchases generative ai division from vietnamese startup vinai
18:14 01.04.2025
alibaba set to launch flagship ai model by april 2025
18:14 01.04.2025
spacex to establish first starlink ground station in vietnam by 2025
11:59 01.04.2025
Egyptian startup InfiniLink secures 10 million dollars for optical connectivity solutions
11:00 01.04.2025
Sesame AI seeks 200 million funding to enhance voice assistant technology
08:40 01.04.2025
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