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Paytm Payments Bank reconstitutes its board, as part of which founder Vijay Shekhar Sharma, who owns a 51% stake in the Paytm unit, steps down (TechCrunch)

    TechCrunch: Paytm Payments Bank reconstitutes its board, as part of which founder Vijay Shekhar Sharma, who owns a 51% stake in the Paytm unit, steps down  —  Vijay Shekhar Sharma, the founder and majority owner of Paytm Payments Bank, has… Read More »Paytm Payments Bank reconstitutes its board, as part of which founder Vijay Shekhar Sharma, who owns a 51% stake in the Paytm unit, steps down (TechCrunch)

    A profile of Paris-based Mistral AI, which wants to be the “most capital-efficient company in the world of AI”, has raised $500M+, and is valued at $2B (Sam Schechner/Wall Street Journal)

      Sam Schechner / Wall Street Journal: A profile of Paris-based Mistral AI, which wants to be the “most capital-efficient company in the world of AI”, has raised $500M+, and is valued at $2B  —  Led by 31-year-old CEO Arthur Mensch,… Read More »A profile of Paris-based Mistral AI, which wants to be the “most capital-efficient company in the world of AI”, has raised $500M+, and is valued at $2B (Sam Schechner/Wall Street Journal)

      Microsoft partners with Mistral as regulators probe its OpenAI alliance; Microsoft takes a minor stake in Mistral and help bring Mistral’s AI models to market (Financial Times)

        Financial Times: Microsoft partners with Mistral as regulators probe its OpenAI alliance; Microsoft takes a minor stake in Mistral and help bring Mistral’s AI models to market  —  Tech giant unveils partnership with French AI start-up, as regulators probe $13bn… Read More »Microsoft partners with Mistral as regulators probe its OpenAI alliance; Microsoft takes a minor stake in Mistral and help bring Mistral’s AI models to market (Financial Times)

        Avail, a modular blockchain project spun out of Polygon in 2023 to streamline the rollup experience, raised a $27M seed co-led by Founders Fund and Dragonfly (Yogita Khatri/The Block)

          Yogita Khatri / The Block: Avail, a modular blockchain project spun out of Polygon in 2023 to streamline the rollup experience, raised a $27M seed co-led by Founders Fund and Dragonfly  —  – Avail has raised $27 million in seed… Read More »Avail, a modular blockchain project spun out of Polygon in 2023 to streamline the rollup experience, raised a $27M seed co-led by Founders Fund and Dragonfly (Yogita Khatri/The Block)

          Sources detail their concerns with Apple Arcade, including declining developer payouts, cancelled projects, and its shift to focus on family-friendly games (Neil Long/Mobilegamer.biz)

            Neil Long / Mobilegamer.biz: Sources detail their concerns with Apple Arcade, including declining developer payouts, cancelled projects, and its shift to focus on family-friendly games  —  Multiple mobilegamer.biz sources have voiced their concern for Apple Arcade’s future, citing a glut… Read More »Sources detail their concerns with Apple Arcade, including declining developer payouts, cancelled projects, and its shift to focus on family-friendly games (Neil Long/Mobilegamer.biz)

            Meta outlines its strategy to combat the misuse of generative AI ahead of the European elections in June, including setting up an EU-specific operations center (Tom Gerken/BBC)

              Tom Gerken / BBC: Meta outlines its strategy to combat the misuse of generative AI ahead of the European elections in June, including setting up an EU-specific operations center  —  Facebook and Instagram owner Meta says it will form a… Read More »Meta outlines its strategy to combat the misuse of generative AI ahead of the European elections in June, including setting up an EU-specific operations center (Tom Gerken/BBC)

              Lenovo demos the ThinkBook Transparent Display Laptop concept, with a 17.3-inch MicroLED panel and a built-in drawing tablet (Jon Porter/The Verge)

                Jon Porter / The Verge: Lenovo demos the ThinkBook Transparent Display Laptop concept, with a 17.3-inch MicroLED panel and a built-in drawing tablet  —  The ThinkBook Transparent Display Laptop concept even comes with a built-in drawing tablet.  Lenovo just needs… Read More »Lenovo demos the ThinkBook Transparent Display Laptop concept, with a 17.3-inch MicroLED panel and a built-in drawing tablet (Jon Porter/The Verge)

                Munich-based RobCo, which makes low-cost and modular robots that suit smaller factories, raised a $42.5M Series B led by Lightspeed Venture Partners (Amy Feldman/Forbes)

                  Amy Feldman / Forbes: Munich-based RobCo, which makes low-cost and modular robots that suit smaller factories, raised a $42.5M Series B led by Lightspeed Venture Partners  —  Small- and medium-sized factories have lagged their larger counterparts on automation.  Munich’s RobCo… Read More »Munich-based RobCo, which makes low-cost and modular robots that suit smaller factories, raised a $42.5M Series B led by Lightspeed Venture Partners (Amy Feldman/Forbes)

                  Sources: Indian government is evaluating $21B of chip proposals, including a $9B from Tower Semiconductor and an $8B from Tata Group for new plants in Gujarat (Sankalp Phartiyal/Bloomberg)

                    Sankalp Phartiyal / Bloomberg: Sources: Indian government is evaluating $21B of chip proposals, including a $9B from Tower Semiconductor and an $8B from Tata Group for new plants in Gujarat  —  – Tower, Tata among companies wanting to build fabrication… Read More »Sources: Indian government is evaluating $21B of chip proposals, including a $9B from Tower Semiconductor and an $8B from Tata Group for new plants in Gujarat (Sankalp Phartiyal/Bloomberg)

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