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Online travel aggregator ixigo has reported outstanding Q4 financial results, doubling its net profit to ₹32 crore. Here is a deep dive into ixigo's growth, what is fueling the travel tech boom in India, and the lessons for developers and founders.
OpenAI has opened its first Southeast Asian AI lab in Singapore, coinciding with IMDA's update to its AI framework, signaling a significant push for AI development and responsible governance in the region.
Major financial maneuvers in India's startup scene include Madison India Capital's partial exit from Pine Labs for ₹357 Cr and Elevation Capital's ₹630 Cr Paytm share sale. Meanwhile, Gabit raises ₹36 Cr for expansion.
Spotify and Universal Music Group are teaming up to let fans create AI-powered song remixes and covers. This move into AI-assisted music creation sparks excitement and debate among artists and listeners.
Gartner has named OpenAI a leader in enterprise coding agents, highlighting AI's role in boosting developer productivity and accelerating software development for businesses. This recognition impacts the Indian tech scene significantly.
A recent report highlights a critical disconnect in India: nearly 45% of organizations cite AI skills as their top workforce challenge, but over half show only moderate to low urgency in AI investment, posing a significant threat to future growth and competitiveness.
A new report reveals that 45% of organizations cite AI skills as their biggest workforce constraint, leading to a surprising lack of investment urgency.