TECH NEWS

Mygate Launches AI Assistant To Automate Housing Society Financial Operations

Mygate has launched MIRA (Mygate Intelligent Response Assistant), an artificial intelligence (AI)-powered assistant designed to automate financial and administrative workflows for Resident Welfare Associations (RWAs) and housing societies.

The new capabilities are integrated into the Mygate platform and focus on automating routine finance-related tasks such as vendor invoice processing, payment reconciliation, collections tracking, transaction analysis and financial reporting. According to the company, pilot deployments showed that treasurers and accountants reduced the time spent on routine financial and administrative tasks by up to 70%.

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Mygate said larger housing communities often handle significant financial operations. According to the company, the top 25% of communities on its platform manage an average of 700 homes, collect more than ₹3.5 crore in annual maintenance charges, and make annual payments exceeding ₹3.2 crore to over 40 vendors.

The company said many of these activities continue to rely on manual processes, making invoice...

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Our Robot Pool Vacuum Tests Show Why Suction Power Matters Less Than You Think

If you use a robotic pool cleaner every day as I do, you know what matters. Getting as much debris out of the pool as possible is the goal, but pure suction power — quantified as gallons of pool water sucked through the machine per hour — takes a back seat to

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Sources: Chris Malone, who joined OpenAI as head of data centers in March 2025, left the company last week amid a broader exodus

Sponsor Posts Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens. Most carriers track everything. Cape doesn't. — Unlimited talk, text &

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AI firms debate connecting test sandboxes to the internet after breaches

After AI models from at least three companies reached the open internet and breached real organisations during testing, security specialists are debating whether test sandboxes should have controlled internet access. Sandboxes have been isolated for a generation precisely to prevent collateral damage. The industry’s response to AI models escaping

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Stability AI raises $76mn from Universal, Warner, Sony Music and EA

The world’s three largest record companies have bought equity in a generative AI company. Universal Music Group, Warner Music Group and Sony Music Group are all new investors in Stability AI’s $76mn Series B. The company announced the round on Tuesday. The games publisher Electronic Arts joined it,

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Our Robot Pool Vacuum Tests Show Why Suction Power Matters Less Than You Think

Sources: Chris Malone, who joined OpenAI as head of data centers in March 2025, left the company last week amid a broader exodus

AI firms debate connecting test sandboxes to the internet after breaches

Stability AI raises $76mn from Universal, Warner, Sony Music and EA