Author: Zech

The recent budget announcement of scrapping angel tax, which has impacted India’s startup ecosystem, is expected to provide an incentive to high net worth individuals, family offices and foreign venture capitalists to loosen their purse strings and is seen as a boost to investor sentiment. Still, investors are cautious about the decision’s immediate impact on fundraising volumes, expecting any increase to be gradual. Click here to connect with us on WhatsApp “No foreign investor wants to invest in a country where there is a risk that their investment will be arbitrarily treated as taxable income (startups). This measure (abolition of…

India’s entrepreneurial landscape is showing signs of transformation as the number of startups has crossed 140,000 marking a milestone. Union Minister of Commerce and Industry Jitin Prasada highlighted the rapid growth of India’s startup ecosystem. Maharashtra leads the way with 25,044 registered startups. Karnataka follows with 15,019. Delhi has 14,734 startups. Uttar Pradesh and Gujarat also have high numbers of startups with 13,299 and 11,436 startups respectively. This distribution highlights the widespread entrepreneurial activity across the country. The government’s proactive approach has been crucial in fostering the growth of startups. The Startup India initiative was launched in 2016 and aims…

SAN FRANCISCO — No sooner had Anastasia Proshina finished pitching her startup’s chatbot for astronauts than one of the judges pointed out that her branding didn’t inspire trust.”I can’t help but notice that they named the AI ​​’Tom,'” said judge Bill Heil. “Tom is a character from the David Bowie song ‘Space Oddity,’ an astronaut who is killed in space.””Ground Control to Major Tom,” Mr. Prosina, 29, founder of Stellar Amenities, sang plaintively to a crowd of about 100 people in San Francisco’s Mission District on Saturday night.Welcome to “Snark Tank,” where startup founders like Procina pitch their businesses and…

This tiny delivery robot maker has big plans for the future. Symbotic (SYM 2.54%), a maker of artificial intelligence-powered warehouse automation robots, went public two years ago through a merger with a special purpose acquisition company (SPAC). The company’s stock has seen some wild fluctuations, but as of this writing, it has nearly quadrupled from an opening price of $10.54 to about $40. Symbotic attracted a lot of attention for three reasons: it was growing rapidly, its biggest backer and customer was Walmart, and it claimed that a $50 million investment in one of its modules (which included warehouse robots…

Symbotic (NASDAQ: SYM), a maker of artificial intelligence-powered warehouse automation robots, went public two years ago through a merger with a special purpose acquisition company (SPAC). The company’s stock has seen some wild fluctuations, but as of this writing, it has nearly quadrupled from an opening price of $10.54 to roughly $40.Symbotic attracted a lot of attention for three reasons: it was growing rapidly, its biggest backer and customer was Walmart, and it claimed that a $50 million investment in one of its modules (which included warehouse robots and automation software) could save the company $250 million over 25 years.A…

Alvin Lang July 28, 2024 12:13 IBM Research is developing a range of tools to explain black-box models and visualize information flows in neural networks to increase confidence in AI systems. IBM Research is making great strides in the field of explainable artificial intelligence (AI), focusing on developing a range of explanation tools and visualizations of information flow in neural networks. According to IBM Research, these innovations aim to make AI systems more trustworthy and transparent. Increasing trust in AI through explanations Explanations are essential to fostering trust in AI systems. IBM Research is…

🥽 This is Sony’s PS5 VR headset, which normally costs $550✂️ $200 off is the lowest price ever at Amazon, Walmart, and more⏲️ Special price of $349 is a limited time discount (may sell out)👍 I tested it. It’s fun. But it’s worth $350 more than $550. This PSVR 2 sale is a great deal at $200 off, so we need to send out our Sunday newsletter before it sells out. Of course, we can’t just send out one sale, so we’re sending out 20. Sunday is a very busy discount day at Amazon and other retailers.Note: PSVR 2 bundles…

VR Education Holdings Plc (LON:VRE – Get Free Report) shares rose 5.4% in midday trading on Friday. The company’s shares traded as high as GBP19.95 ($0.26) and were last trading at GBP18.45 ($0.24). 1,190,120 shares were traded in midday trading, up 249% from the average trading volume of 340,739 shares. The stock had closed the previous day at GBP17.50 ($0.23). VR Education Stock Performance The company has a debt ratio of 0.39, a quick ratio of 28.86 and a current ratio of 28.86.The company has a market capitalization of ₹53.52 Million and a price-to-earnings ratio (PE) of -20.50.The company’s 50-day…

Pancakes with bananas. Blueberries and maple syrup for breakfast. Wooden background. Copy space. … [+] (Photo: Angelica Gretscaia/REDA&CO/Universal Images Group via Getty Images)REDA&CO/Universal Image Group via Getty Images Software is a stack – an expression used in IT engineering to describe a layered collection of components that combine to form an overall string of application functionality. The term itself likely derives from the fact that technology typically starts with a base kernel and operating system, which provides the foundation for other elements to be built on top of it. On top of the software stack base, we build software drivers,…

Mars exploration vehicles are usually equipped with wheels, allowing them to traverse some of the challenging terrains of the Red Planet. But eventually those systems start to wear out and one of the wheels gets stuck. The 2009 “Free Spirit” campaign is the most widely known case. Unfortunately, that campaign was not successful and now, 15 years later, Spirit remains stuck in its final resting place. Things might have been different if NASA had adopted a new robotics paradigm developed by Guangming Chen and his colleagues at the Institute of Mobile Bioinspiration and Intelligent Robotics at Nanjing University of Aeronautics…