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Sources: OnePay, a fintech app backed by Walmart and valued at $4B+, has 6M MAUs and $50B in annualized payments, double the figures from the previous year

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How AI tools from Harvey, Legora, and Anthropic are challenging legal tech incumbents like Thomson Reuters and LexisNexis, which are upgrading their products

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Taiwan and South Korea's stock market capitalizations overtake India's as global investors favor markets with companies positioned to benefit from the AI boom

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World's highest-grossing law firm Kirkland & Ellis agrees to a multiyear deal with Palantir to develop an AI tool to help advise PE firms on raising capital

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Current and former employees detail Amazon's e-commerce struggles in India, where local rivals have challenged the company more than anywhere outside of China

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BHASHINI launches VYOMA challenge to boost multilingual edge AI innovation

The Digital India BHASHINI Division (DIBD), under the Digital India Corporation (DIC), Ministry of Electronics and Information Technology (MeitY), in collaboration with Current AI and Kalpa Impact, has launched the VYOMA Innovation Challenge, an innovation initiative to promote the development of open-source, multilingual, voice-first AI solutions that can operate in

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US SEC filing: Vanguard marks down Ola Consumer's valuation to ~$70.3M; Ola, which faces intense competition from Uber and Rapido, was valued at $7.3B in 2021

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SAS brings AI-led intelligence to VAHAN for smarter transport governance

e-Transport Mission Mode Project (e Transport MMP), led by the Ministry of Road Transport and Highways (MoRTH) and implemented by the National Informatics Centre (NIC), has transformed transport administration in India by automating RTO operations nationwide. The initiative has enabled a consolidated national transport database with real-time access to vehicle

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Cognizant launches Ace team program to develop cohort of AI builders

Cognizant recently announced the launch of the Cognizant Ace Team Program, a strategic initiative designed to build a cohort of top engineering minds who will deliver cutting-edge digital transformation for clients and play a central role in the company’s evolution into an AI builder organization. The Cognizant Ace Team

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Moderators of the r/biohackers subreddit claim that peptide companies are spamming their forum in hopes of getting their posts scraped and used by AI chatbots

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Sources: Meta has repeatedly delayed plans to release the Muse Spark API due to bugs and infrastructure needs; Meta says it plans to release it this month

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Liftoff Mobile raised $437M in its US IPO, selling 19M shares for $23 each, above its marketed range of $20 to $22, valuing the company at $3.83B

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