Microsoft said it is adding a button to its Windows keyboard that would pull up the tech giant’s Copilot service, in the first change for the device in nearly three decades. The “Copilot key”, announced on Thursday, marks the latest effort by the company, which is investing billions in AI, to incorporate the technology in its… Continue reading Microsoft adds ‘Copilot key’ to keyboards to call up AI chatbotAI PCs could help the personal computer market bounce back after its post-pandemic slum…
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Indonesian airline Garuda repays $114m in debt owed to bondholders
Indonesia’s state flag carrier Garuda Indonesia said late on Thursday that it has paid back $113.8 million of the debt it owes to bondholders as part of its restructuring process. In 2022, the airline won creditors’ approval to restructure more than $9 billion of debt after it faced financial difficulties due to among others COVID-19-related travel curbs.… Continue reading Indonesian airline Garuda repays $114m in debt owed to bondholders
India’s digital currency transactions averaged more than 1m a day in Dec
Indian banks disbursed some employee benefits through the digital rupee in December, helping the Reserve Bank of India meet its target of one million daily transactions by end-2023, three sources directly familiar with the development said. The central bank digital currency (CBDC), called the e-rupee, has been devised as a digital alternative to physical cash… Continue reading India’s digital currency transactions averaged more than 1m a day in Dec
China’s Zhongning Silicon Industry bags over $112m in fresh funding round
Zhejiang Zhongning Silicon Industry, which makes silane gas and electronic-grade polysilicon used in integrated circuit industry, has secured 800 million yuan ($112.7 million) in a fresh funding round led by China-focused private equity investment firm Phoenix Tree Capital Partners. Beijing-based Phoenix Tree Capital Partners, which manages venture capital, mergers and acquisitions, private investment in public… Continue reading China’s Zhongning Silicon Industry bags over $112m in fresh funding round
China’s Richen Capital hits first close of Fund V at $141m, targets $282m
Richen Capital has held the first close of its fifth flagship fund at over 1 billion yuan ($140.8 million), as the Chinese investment firm targets to hit the final close of 2 billion yuan ($281.6 million) within the next 12 months. China-based Richen Capital, which has over 10 billion yuan ($1.4 billion) in accumulated assets… Continue reading China’s Richen Capital hits first close of Fund V at $141m, targets $282m
Autonomous delivery startup Nuro taps simulation company Foretellix to cut R&D costs
Autonomous delivery startup Nuro has struck a deal with safety-focused software company Foretellix to help with virtual testing of its automated driving system, in a bid to cut R&D costs while still pushing the technology forward. The partnership, which the companies are set to announce later Thursday, comes in the wake of a tumultuous stretch… Continue reading Autonomous delivery startup Nuro taps simulation company Foretellix to cut R&D costs
The Peloton story: everything you need to know
Peloton was a pandemic darling — one of the businesses that seemed to find its purpose as something more than a cultish fad when the world shut down. And then, everything went horribly wrong. First, the supply chain issues with monthslong delays for bikes that irked new customers. Then, a disastrous recall affected both of… Continue reading The Peloton story: everything you need to know
India Digest: Invesco marks up Swiggy’s valuation; MobiKwik revives IPO planInvesco had marked up its valuation to $7.85b in Oct from $5.5b previously…
Invesco has marked up the valuation of food delivery startup Swiggy by 9%, while MobiKwik is set to raise $105.7 million via a through an IPO. Invesco marks up Swiggy’s valuation to $8.3b US-based Invesco has marked up the valuation of food delivery startup Swiggy by 9% to $8.3 billion. The asset management company, which… Continue reading India Digest: Invesco marks up Swiggy’s valuation; MobiKwik revives IPO planInvesco had marked up its valuation to $7.85b in Oct from $5.5b previously…
India’s Gujarat state in investment talks with chipmakers from Japan, US, South KoreaThe state is holding its biennial Vibrant Gujarat Global Summit n…
India’s Gujarat state is in talks with semiconductor companies in Japan, South Korea and the US for investment in the state, Gujarat Chief Minister Bhupendra Patel told Reuters on Thursday. Gujarat, which is Prime Minister Narendra Modi’s home state, is holding its biennial Vibrant Gujarat Global Summit next week and has signed initial investment agreements… Continue reading India’s Gujarat state in investment talks with chipmakers from Japan, US, South KoreaThe state is holding its biennial Vibrant Gujarat Global Summit n…
Three executives from ONE Championship’s C-suite team said to have quit
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