Secures

The construction sector builds the homes we live in, the offices we work in, and the schools our children learn in — but in Europe, there’s a chronic shortage of people to do this critical work. Dutch startup Monumental thinks it has a solution: AI-powered bricklaying robots capable of working autonomously alongside humans. Fitted with sensors and computer vision, the fully-electric machines use small crane-like arms to place bricks and mortar with human-level precision, the startup claims.…

Honor Magic 6 series, which includes the base model Honor Magic 6 and the Honor Magic 6 Pro, is slated to be launched at the Mobile World Congress (MWC) 2024 event in Barcelona. Ahead of the launch, the Pro model has reportedly picked up Singapore's Infocomm Media Development Authority (IMDA) certification. The development hints at a broader global launch outside of Europe and the UK. The smartphone series was introduced in China at a launch event on January 11. The Honor Magic 6 Pro runs on Android14-based MagicOS 8.0…

Kenya-based electric mobility company ROAM has successfully completed a Series A funding round totaling $24 million in equity and debt to expand local production and further electrify mobility across Africa. ROAM is a growing Kenyan company with origins in Sweden that remains relatively young, recently eclipsing a mere five years of existence. In that short time, we’ve covered much of the company’s progress in developing, designing, and manufacturing all-electric Air motorcycles and buses, plus …

The European Parliament’s civil liberties (LIBE) and internal market (IMCO) committees have overwhelmingly endorsed draft legislation setting out a risk-based framework for regulating applications of artificial intelligence. In a vote this morning the committees voted 71-8 (with 7 abstentions) in favor of the compromise negotiated with EU Member States at the back end of last year in lengthy three-way ‘trilogue’ talks. The EU AI Act, originally proposed by the Commission back in April 2021, sets rules for AI…

PGA TOUR logo is seen during the second round of the Farmers Insurance Open at Torrey Pines South on January 29, 2021 in San Diego, California.Ben Jared | Pga Tour | Getty ImagesA U.S. consortium has agreed to invest up to $3 billion into the PGA Tour, the professional golf organization announced on Wednesday.Under the terms of the deal, the investor, Strategic Sports Group, will become a minority owner in PGA Tour enterprises, the for-profit entity of the PGA Tour. The group will make an initial investment of $1.5…

Enterprise conversational and generative AI platform Kore.ai has secured $150 million in a funding round led by FTV Capital along with participation from Nvidia and existing investors such as Vistara Growth, Sweetwater PE, NextEquity, Nicola and Beedie."As we look to enhance our Gen AI-powered innovations and drive wider adoption across a variety of market segments, we are pleased to have the backing of FTV Capital, a firm that has significant experience in our space and invaluable connections across the enterprise to…

Green energy-focused non-banking finance company Ecofy has raised Rs 90 crore in an equity round from Dutch entrepreneurial development bank FMO.With this infusion, Ecofy plans to grow its loan book, diversify its product base and eventually improve its own credit rating, the company said in a release on Wednesday. An improved credit rating helps lenders access debt at cheaper rates.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking…

Akasa Air Orders 150 Boeing Jets To Expand Its Presence In The Indian Aviation Market. (Photo: Akasa Air)Akasa Air elevates its game with a bold move, ordering 150 Boeing jets at 'Wings India' air show. Aiming high in Indian aviation, plans for global expansion.At WINGS India 2024, Akasa Air, India’s fastest-growing airline, has solidified its position in the aviation industry with a firm order of 150 fuel-efficient Boeing 737 MAX aircraft.The order, comprising 737 MAX 10 and 737 MAX 8-200 jets, signifies a significant…

Image Source : FILE Ram Mandir Inaugration Finally, the day has come and the consecration (Pran Pratishta) ceremony of the newly constructed Shri Ram temple at Ayodhya is set to take place today (January 22) between 12 PM to 1 PM IST. It is a week-long ritual of consecration, which has been organized by Shri Ram Janmabhoomi Teerth Kshetra and will culminate with the…

Elon Musk has said a report that his artificial intelligence (AI) company, xAI, has secured $500 million in commitments from investors toward a $1 billion goal is inaccurate."This is simply not accurate," he said in a reply to a user post about the Bloomberg article on social media platform X.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIM KozhikodeIIMK Senior Management ProgrammeVisitIndian School of BusinessISB Product…