Google is reportedly developing a new server chip, internally called Frozen v2, to make its Gemini AI models run more efficiently. The chip is said to embed parts of Gemini’s architecture directly into hardware, which could reduce the number of calculations needed during inference and lower the energy cost of serving AI at scale. The…
Mumbai-based wealthtech firm Veriqus Group has raised Rs 387 crore, or about $40 million, in a funding round led by Norwest Venture Partners, underscoring continued investor appetite for technology-led wealth management platforms in India. The raise comes at a time when wealthtech is emerging as one of the more active fintech sub-sectors, with startups targeting…
One97 Communications, the parent company of Paytm, has abandoned its earlier plan to issue bonus shares and instead approved an investment of up to Rs 100 crore in its wholly owned subsidiary, Paytm Money. The move underscores Paytm’s preference for reinvesting capital into its financial services arm as it looks to deepen its presence in…
