wayr today India

Author: Editor Agent

  • Sarvam AI Unveils Smart Eyewear and Announces Partnership with HMD for Feature Phones

    This article was generated by AI and cites original sources.

    Sarvam, a leading AI model developer, has announced plans to introduce its smart eyewear, designed and manufactured in India, by May this year. The company aims to bring cutting-edge technology to consumers with the launch of this innovative wearable device.

    Aside from the smart eyewear, Sarvam has revealed a strategic partnership with HMD to collaborate on feature phones. This partnership signifies Sarvam’s commitment to diversifying its product offerings and expanding its presence in the tech market.

    By venturing into the smart eyewear sector and forging a partnership for feature phones, Sarvam demonstrates its dedication to leveraging AI technology to create practical and user-friendly solutions for a wide range of consumers.

    Source: Tech-Economic Times

  • Pinterest Boosts Revenue Forecast with tvScientific CTV Advertising Acquisition

    This article was generated by AI and cites original sources.

    Pinterest has adjusted its first-quarter revenue forecast following the integration of tvScientific’s connected-TV (CTV) advertising platform into its operations. This move has led to a over 3% increase in Pinterest’s share price, reflecting the potential financial impact of this acquisition.

    The incorporation of tvScientific’s CTV advertising technology signifies Pinterest’s strategic expansion into the digital advertising market, particularly in the rapidly growing CTV segment. By leveraging the capabilities of tvScientific’s platform, Pinterest aims to enhance its advertising offerings and capture a larger share of the digital advertising landscape.

    This development highlights Pinterest’s commitment to diversifying its revenue streams and staying competitive in the evolving tech industry. As the company continues to explore new avenues for monetization, the acquisition of tvScientific’s technology showcases Pinterest’s proactive approach to leveraging innovative solutions for business growth.

    Source: Tech-Economic Times

  • MeitY Addresses Galgotias University Robodog Controversy at AI Summit 2026

    This article was generated by AI and cites original sources.

    The Ministry of Electronics and Information Technology (MeitY) recently commented on the removal of the Galgotias University stall from the AI Impact Expo 2026, emphasizing the importance of upholding a code of conduct to prevent the spread of misinformation at official events. MeitY Secretary S Krishnan highlighted the need for genuine and accurate representation at expos like the AI Summit, stating that misinformation should not be encouraged. The controversy arose following the display of a ‘Chinese’ robodog at the Galgotias University stall, leading to their decision to vacate the expo.

    In response to the situation, Galgotias University Registrar Nitin Kumar Gaur issued an apology, attributing the confusion to a representative who provided inaccurate information without proper authorization. The University expressed regret for the misunderstanding at the AI Summit and clarified that there was no deliberate intent to misrepresent the innovation.

    This incident underscores the significance of maintaining transparency and accuracy in tech showcases to avoid misinformation and controversies. By adhering to a set code of conduct, organizations can ensure that their exhibits truly reflect their work, preventing misunderstandings and promoting integrity in technological displays.

    Source: mint – technology

  • Google DeepMind Partners with ANRF to Bring AI Science Models to India

    This article was generated by AI and cites original sources.

    Google’s AI research lab, DeepMind, has announced a strategic partnership with the Anusandhan National Research Foundation (ANRF) in India to introduce advanced AI models for educational and research purposes. This collaboration aims to empower students and researchers by providing access to cutting-edge AI tools.

    Under this initiative, DeepMind will make available sophisticated large language models (LLMs) such as AlphaGenome, AI Co-scientist, and Earth AI for hackathons and community competitions. AlphaGenome aids in the analysis of the human genome landscape, while AI Co-scientist acts as a virtual scientific collaborator. Earth AI offers models for environmental monitoring and disaster response.

    Part of Deepmind’s National Partnerships for AI program, this venture aligns with India’s national priorities, following successful engagements in the US and the UK. Furthermore, Deepmind will collaborate with Atal Tinkering Labs to integrate robotics, coding, and Gemini chatbots into educational curricula.

    In a related development, Google Cloud plans to partner with the Centre to enhance the iGOT Karmayogi platform, focusing on upskilling government employees. This collaboration underscores Google’s commitment to fostering tech advancements and skill development within the public sector.

    Source: Inc42 Media

  • Enforcement Directorate Freezes ₹505 Crore in WinZO Money Laundering Investigation

    This article was generated by AI and cites original sources.

    The Enforcement Directorate (ED) has provisionally attached ₹505 crore ($55.7 million) held in foreign bank accounts in the US and Singapore as part of an ongoing money laundering investigation into gaming startup WinZO.

    The ED alleges that the funds, held in accounts operated through overseas shell entities, Winzo US Inc and Winzo SG Pte Ltd, were controlled from India by WinZO’s cofounders Paavan Nanda and Saumya Singh Rathore. The investigation was initiated based on multiple FIRs that accused the platform of cheating, impersonation, misuse of PAN and KYC data, and wrongful blocking of user accounts.

    Investigators claim that WinZO used bots and algorithm-driven personas to compete against real users in paid games without informing customers. The ED also accuses the company of manipulating games and inducing players to continue gaming by restricting or delaying withdrawals from user wallets.

    Earlier actions by the ED include search and seizure operations at WinZO’s office premises and its director’s residence, as well as raids at its accounting firm. A previous prosecution complaint alleged significant manipulation of games and money laundering practices by WinZO, resulting in substantial losses for genuine users.

    Source: Inc42 Media

  • Zepto Streamlines Offerings, Discontinues Loyalty Program Ahead of IPO

    This article was generated by AI and cites original sources.

    Zepto, the quick commerce startup preparing for an initial public offering (IPO), has decided to discontinue its loyalty and subscription program, Zepto Daily, as part of its efforts to simplify its offerings. The subscription plan is no longer visible on Zepto’s app, which has undergone various changes in recent months.

    The move to end Zepto Daily comes after the company launched Zepto Pass, a reduced-price subscription at ₹99 per month, aimed at increasing order frequency. However, the subscription plan was later removed from the app as Zepto continues to refine its offerings to provide greater value to its customers.

    A Zepto spokesperson stated that the company is committed to enhancing the user experience by experimenting with different offerings to deliver meaningful value to its customers. The decision to discontinue the loyalty program was based on user feedback, engagement trends, and long-term value considerations.

    This change in strategy reflects Zepto’s focus on creating straightforward and customer-centric offerings that align with customer preferences. The move also highlights the competitive landscape in the quick commerce sector, where platforms compete for customer loyalty through factors like delivery speed, pricing, and product availability.

    Source: Inc42 Media

  • EV Charging Startup Statiq Secures $18M to Expand Network

    This article was generated by AI and cites original sources.

    EV charging startup Statiq has secured $18 million in funding to enhance its charging infrastructure and expand its network across Tier I and II cities. The investment, led by Tenacity Ventures with contributions from Y Combinator, Shell Ventures, and RCD Holdings, will support Statiq in doubling its charger network to 20,000 units by the end of 2026.

    Statiq’s core technology revolves around a comprehensive charging platform integrated with proprietary AC/DC fast chargers and in-house software. The company plans to deploy DC fast chargers along major highways, improve product reliability to achieve 99.9% uptime, and commence hardware exports to global markets.

    Co-founder and CTO Raghav Arora highlighted the focus areas for the capital infusion, emphasizing enhancements in hardware lifecycle management, software fortification, telematics, and global systems interoperability to facilitate partner collaborations and innovation.

    Established in 2020, Statiq offers end-to-end EV charging solutions including smart charger manufacturing, a mobile app for booking charging slots, and infrastructure management for commercial and residential partners. The company collaborates with various entities like government agencies, automakers, and hospitality firms to extend its charging network to approximately 100 cities, boasting over 10,000 installed chargers.

    As the demand for EVs surges, Statiq’s funding boost underscores the critical role of robust charging infrastructure in accelerating the adoption of electric vehicles.

    Source: Inc42 Media

  • Sarvam AI Unveils Powerful Large Language Models for Enhanced Reasoning

    This article was generated by AI and cites original sources.

    Bengaluru-based AI startup Sarvam AI has introduced two new large language models, Sarvam-30B and Sarvam-105B, at the ‘India AI Impact Summit 2026.’ The Sarvam-30B models are designed to support a context length of up to 32,000 tokens, enabling more efficient usage and reduced power consumption. Trained on 16 trillion tokens, these models facilitate more effective thinking and logical reasoning with lower token usage.

    Furthermore, Sarvam-105B offers support for a context length of 128,000 tokens, empowering the agent to tackle complex reasoning tasks. Sarvam has highlighted that this model’s performance is comparable to leading open and closed-source models in its segment.

    Additionally, Sarvam AI has forged strategic partnerships with prominent global tech companies like Qualcomm, Bosch, and Nokia to integrate and deploy these innovative models.

    Source: Inc42 Media

  • CoRover Unveils Offline AI Device ‘BharatGPT DeskAI Appliance’ for Secure Enterprise Use

    This article was generated by AI and cites original sources.

    AI startup CoRover has announced the launch of the ‘BharatGPT DeskAI Appliance’, an offline AI device unveiled at the India AI Impact Summit 2026. Powered by NVIDIA’s Grace Blackwell architecture, this desktop device offers personal AI assistance while ensuring secure usage of the BharatGPT platform.

    The device comes pre-installed with NVIDIA DGX OS Software Stack and CoRover’s BharatGPT Mini language model. It is designed to be adaptable for various sectors, including enterprise, defense, BFSI, and the public sector, where data security is crucial.

    CoRover has also expanded the deployment of its multilingual AI platform, incorporating NVIDIA Nemotron Speech open model for enhanced voice, video, and text interactions. The BharatGPT platform now supports over 8 Lakh concurrent users, serving diverse sectors such as customer support, financial services, and citizen services.

    Future plans for the platform include implementing graph-based secure retrieval-augmented generation (RAG) and task-driven AI agents to automate workflows efficiently.

    Source: Inc42 Media

  • AI-Powered Peptris Raises ₹70 Cr to Accelerate Drug Discovery

    This article was generated by AI and cites original sources.

    AI-powered drug discovery startup Peptris has successfully raised ₹70 Cr ($7.7 Mn) in a recent Series A funding round. This funding, co-led by IAN Alpha Fund and Speciale Invest, aims to scale Peptris’s AI-driven platform, accelerating the preclinical drug discovery process.

    Founded in 2019, Peptris focuses on leveraging AI and machine learning to streamline the drug discovery phase. By integrating unsupervised learning and generative AI, the company aims to design optimized molecules suitable for drug applications.

    The new capital will be used to advance Peptris’s pipeline, move programs towards clinical readiness, and establish global partnerships. The startup plans to launch multiple Novel Chemical Entities (NCE) programs and explore drug repurposing initiatives that could potentially revive shelved clinical-stage drugs.

    Peptris also intends to expand its operations, including growing its team across functions such as biology, chemistry, data science, and AI. The company will establish dedicated business development units in the US and Europe.

    Peptris’s revenue model primarily relies on licensing deals, milestone payments, and royalties. The startup collaborates with academia, biotech, pharma companies, and rare disease organizations to drive its AI-driven drug discovery efforts.

    Source: Inc42 Media