Author: nripn

GrayQuest, a Mumbai-based fintech company focused on digital financial solutions for the Indian education sector, has raised Rs 80 crore (around $9.3 million) in its latest Series B capital. funding round. The investment comes from IIFL Fintech Fund, Claypond Capital (the family office of Dr Ranjan Pai) and existing backer Pravega Ventures. The company will use the new capital to upgrade its technology platform and expand its reach to educational institutions nationwide. What does GrayQuest do? Founded in 2017 by Rishab Mehta, GrayQuest has developed a unified payment platform that helps schools and colleges digitize fee collection. Its system offers…

Photo: Courtesy of Duke Health Duke Health is the latest health system to partner with Abridge on generative AI for clinical documentation. Duke Health, headquartered in North Carolina, and Abridge signed a company-wide agreement in late December to deploy the AI ​​platform to 5,000 clinicians in more than 150 primary and specialty clinics. The news was announced on Thursday. The platform will be used in Duke Health Integrated Practice and Duke Primary Care clinics to document patient-clinician conversations during appointments. Clinicians review notes and can edit them before integrating them into the patient’s record and EHR. The AI ​​platform is…

(Bloomberg) — Global banks will cut up to 200,000 jobs over the next three to five years as artificial intelligence encroaches on tasks currently performed by human workers, according to Bloomberg Intelligence. Most read on Bloomberg CIOs and technology officers surveyed by BI said they expect, on average, a net reduction of 3% of their workforce, according to a report released Thursday. The back office, middle office and operations will likely be most at risk, according to Tomasz Noetzel, the senior BI analyst who authored the report. Customer services could see changes as bots handle customer functions, while know-your-customer tasks…

SUMMARY The BrowserStack holding entity rollback process may take nearly eight months if the regulatory process goes smoothly Notably, the Indian subsidiary BrowserStack Software Private Limited is based in Mumbai. Founded in 2011 by Arora and Nakul Aggarwal, BrowserStack offers a platform for testing software across various devices and browsers. SaaS Unicorn Browser stack has reportedly begun the process of redomiciling its holding entity from Ireland to India. According to The Arc’s report, citing sources, the company’s rollback process may take nearly eight months if the regulatory process goes smoothly. However, in case of an issue flagged by the Securities…

Nvidia CEO Jensen Huang revealed the next generation of RTX Blackwell GPUs at CES 2025alongside “Cosmos”, a core model aimed at accelerating the development of autonomous vehicles and robotics. He also said the rise of “agentic AI” would be the next major technological shift, predicting that AI agents would lead a multi-billion dollar industry and transform the way people work. Nvidia CEO Jensen Huang used his CES 2025 keynote to unveil the company’s next generation of GPUs and declare the rise of “agentic AI” – a shift he says will create a multi-billion dollar industry and redefine the way people…

Canada’s fintech sector is entering a phase of rapid growth, driven by growing demand for digital financial solutions and strong investor support. In 2024, Canadian fintech startups have secured significant funding and formed key partnerships, reflecting the industry’s potential for innovation and scalability. In this article, we highlight ten Canadian fintech startups poised to make major strides in 2025. From streamlining home loans to simplifying payroll and improving financial tools for newcomers, these companies meet critical market needs. As digital transformation accelerates, fintech startups are reshaping the way Canadians manage money, invest and access credit. These companies are leading the…

Palantir Technologies (NASDAQ:PLTR) did not join the S&P500 until September 2024. But with a staggering 340% gain, the stock still managed to finish the year as the best performing stock in the index. Some investors might be tempted to jump on the bandwagon, even if it’s a little late. However, I don’t think this is the best strategy. Here are three artificial intelligence (AI) stocks to buy in 2025 (listed alphabetically) that might be better picks than Palantir. Parent Google Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) made an impressive gain of nearly 36% last year, although that return pales in comparison to Palantir’s.…

The European Instant Payments Regulation (IPR), formerly known as Regulation (EU) 2024/886, represents an important step forward for the EU payments ecosystem. By requiring payment service providers (PSPs) to offer instant transfers in euros under clear and fair conditions, the IPR accelerates Europe’s transition to real-time payments. For startups in the financial ecosystem, IPR represents a double-edged sword: introducing transformation opportunities as well as operational and compliance challenges. As Europe aligns with global leaders like Brazil’s Pix and India’s UPI, the regulation paves the way for a competitive, inclusive and interconnected payments environment, redefining the future of financial services within…

One of the most important themes that helped drive the market last year was artificial intelligence (AI). Technology, which in the past was relegated to science fiction, has suddenly become mainstream. Companies, meanwhile, are racing to become leaders in AI, believing it to be a generational opportunity. Let’s look at three stocks that benefit greatly from AI. Known as one of the largest suppliers to the US government, Palantir Technologies (NASDAQ:PLTR) and its data collection and analytics solutions have been used for such critical tasks as counterterrorism and tracking COVID-19 cases. However, the company is now able to integrate AI…

(Bloomberg) — President Joe Biden’s administration plans a new round of restrictions on the export of artificial intelligence chips from companies like Nvidia Corp.NVDA) just days before leaving office, a last ditch effort in his efforts to keep advanced technologies out of the hands of China and Russia. Most read on Bloomberg The United States wants to curb the sale of AI chips used in data centers, both by country and company, with the aim of focusing AI development in friendly countries and bringing companies around the world to align with American standards, according to sources familiar with the matter.…