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  • Cable TV Crumbles: Paramount to Lay Off 3.5% of US Staff

    3.5% of Paramount Global’s employees in the US will be let go, the company revealed. According to a media report, the information was distributed to staff members via an internal memo on 10 June.

    The company’s efforts to address declining cable TV viewing as more people choose streaming services like Netflix include the job losses. This is not Paramount’s first round of layoffs.

    The company had already reduced 15% of its employment in August of last year, demonstrating continuous modifications in reaction to market shifts.

     In the message, Paramount’s co-CEOs, George Cheeks, Chris McCarthy, and Brian Robbins, stated that the firm is starting this week to further streamline its organisational structure, describing the move as a difficult but necessary one.

    New Business Strategies of Paramount

    As cable TV experiences a generational disruption, the most recent layoffs are a part of a larger trend. The memo made suggestions about possible future effects on foreign employees as the organisation attempts to manage these difficulties.

    As of the end of 2024, Paramount employed 18,600 people. The most recent action was taken as the business attempted to proceed with a significant $8.4 billion merger with billionaire David Ellison’s Skydance Media.

    Nevertheless, regulators have yet to approve that purchase. Because the traditional cable model is changing so quickly, Paramount’s strategy changes reflect a broader industry trend towards digital platforms.

    The organisation is attempting to better align its resources in order to maintain its position in this evolving climate. This process entails tough choices, like the recent layoffs, which are a part of larger initiatives to optimise the organisation in the face of changing market demands.

    Layoffs have Become a Common Scenario in 2025

    With big companies like Google, Microsoft, and others continuing to reduce their workforces, layoffs in the tech sector are not expected to halt in 2025.

    Companies are still cutting employees in an effort to simplify operations, save money, and emphasise automation and artificial intelligence, even though these figures are much lower than the major layoffs that occurred between 2022 and 2023.

    Layoffs.fyi, a website that tracks layoffs in the industry, reports that 93 organisations have laid off nearly 23,500 tech workers so far this year, and the number is still growing.

    Google and Microsoft are apparently contemplating a new round of layoffs, according to the most recent job reduction reports. According to reports, AI-led restructuring and performance-based terminations are part of the corporations’ goals to increase the effectiveness of their personnel.

  • MS Dhoni-Backed Garuda Aerospace Secures Investment from Narotam Sekhsaria Family Office Ahead of IPO

    Riding a surge in defence-tech investments and rising drone demand, Garuda Aerospace, India’s leading drone manufacturing company, has secured investment from Narotam Sekhsaria Family Office (NSFO) ahead of its planned Initial Public Offering (IPO). The round also witnessed strong participation from existing investors, including WFC (We Founder Circle). The investment marks a significant milestone in Garuda Aerospace’s growth journey, following the impactful ‘Operation Sindoor Defence Drone Surge.’ This latest funding follows Garuda Aerospace’s successful ₹100 crore Series B round led by Venture Catalysts (VCats), further reinforcing investor confidence in the company’s vision, innovation, and execution.

    The strategic funds from the round will play a pivotal role in advancing Garuda Aerospace’s ambitious growth plans. A key focus will be scaling up manufacturing capacity from the current 8,000 drones per year to 12,000–15,000 annually, with a long-term goal of producing 50,000 drones in the coming years. The investment will also accelerate research and development efforts aimed at achieving full indigenization of both airborne and ground defence drone systems within the next 3–5 years, thereby reinforcing India’s self-reliance in defence technology. Additionally, Garuda Aerospace aims to expand its export footprint to 50 countries by 2025.

    “We are delighted to welcome the Narotam Sekhsaria Family Office as a strategic investor. Their belief in our journey reinforces our mission to build a global drone-tech champion from India. This investment powers our next phase of growth, focused on innovation, national service, and global scale,” said Agnishwar Jayaprakash, Founder and CEO of Garuda Aerospace. 

    The recent Indo-Pak conflict has underscored the strategic importance of indigenous drone capabilities, placing companies like Garuda Aerospace at the center of India’s defence-tech evolution. Originally known for its agricultural drones, Garuda has rapidly transformed into a multi-sector drone manufacturer, producing advanced systems for surveillance, monitoring, and logistics payload delivery within the defence sector.

    The company has sold over 4,000 drones and served more than 400 clients, supported by strategic partnerships with global giants such as Thales, Elbit Systems, Lockheed Martin, and Cognizant. Its collaborations with key Defence PSUs like HAL and BEML, along with impactful initiatives like “Namo Drone Didi,” further highlight its commitment to national service.

    With deep domain expertise, a robust operational foundation, a diversified product portfolio, and strong investor backing, Garuda Aerospace stands at the forefront of India’s drone revolution. Positioned for both domestic leadership and global expansion, the company’s consistent performance and bold vision signal strong readiness for its upcoming IPO.

    About Garuda Aerospace

    Garuda Aerospace is India’s leading Drone tech start-up focused on disrupting two major multi-billion-dollar sectors, Precision Agri Tech and Industry 4.0 upgradation. Garuda Aerospace is asset-light, recession-proof, and agnostic and focuses on eliminating labourers in the agricultural field with drones focusing on designing, building, and customisation of Unmanned Aerial Vehicles (UAVs).

    Founded in 2015 with a team of 5, Garuda has scaled to a 200+ member team, having the largest drone fleet in India with over 400 drones and 500 pilots operating in 84 cities. Garuda Aerospace manufactures 30 types of drones and offers 50 types of services. Having served over 750 clients, including TATA, Godrej, Adani, Reliance, Swiggy, Flipkart, Delhivery, L&T, Survey of India, SAIL, NTPC, IOCL, Smart cities, Intel, Amazon, Wipro, IISC, MIT Boston, NHAI for various projects, the company recently partnered with global giants such as Lockheed Martin, Cognizant and Elbit Systems.

    Hon’ble Prime Minister Shri Narendra Modi Ji launched the drone yatra, where 100 drones were flagged off simultaneously across 100 villages in India. Garuda Aerospace is the first drone company to get DGCA approvals for Type Certification and Remote Pilot Training Organisation. Garuda is on a mission to impact 1 billion lives positively using affordable precision Drone Technology. Mahendra Singh Dhoni has invested in the company and is the Brand Ambassador.

    Garuda Aerospace Secures INR 100 Crore at $250M Valuation
    Garuda Aerospace, India’s leading Drone tech startup, backed by MS Dhoni, has raised INR 100 crores in its Series B funding round from Venture Catalysts (VCAT) at a valuation of $250 million.
    StartupTalkyMuskaan Kapoor

  • Meta Makes Massive $15B Move to Grab Stake in Scale AI

    Several media outlets have reported that Meta is finalising an agreement to spend $14 billion on Scale AI. Earlier this week, one media site said that an investment might exceed $10 billion, while on June 10, another media publication said that Meta will pay around $15 billion.

    Various other media houses also reported that Wang, the founder of one of the most well-known AI startups, has established a reputation as an ambitious leader who not only understands the technical complexities of AI but also knows how to build a business that isn’t just focused on research.

    After the lacklustre debut of Meta’s most recent Llama AI models, Zuckerberg will be looking to Wang to better carry out the company’s AI goals.

    By not immediately purchasing Scale AI, Meta seems to be following in the footsteps of Google and Microsoft, which have acquired well-known AI executives from the startups Character AI and Inflection AI by investing heavily in those businesses rather than outright purchasing them.

    According to several persons with knowledge of the situation, Meta does not want to aggravate authorities by purchasing Scale AI while it is on trial before the Federal Trade Commission for antitrust charges.

    Scale AI Revolutionising Generative AI Segment

    Since its founding in 2016, Scale AI has made a significant impact in the generative AI age by assisting well-known tech firms like Microsoft, Google, and OpenAI in preparing the data they need to train state-of-the-art AI models.

    A recently published media report, Meta is one of Scale AI’s largest clients. The firm is ranked number 28 on CNBC’s Disruptor 50 list and was valued at $14 billion in an investment round almost a year ago.

    The company acquired over 180,000 square feet of space in a downtown building that had previously been occupied by Airbnb in mid-2024, securing one of the largest recent commercial contracts in San Francisco.

    Scale AI announced a multimillion-dollar agreement with the Department of Defence in March, further solidifying its growing presence in the defence sector.

    In a blog post published in November, the firm announced that it had partnered with Meta on Defence Llama, a customised version of Meta’s open-source Llama foundation architecture created especially to “support American national security missions”.

    Meta Facing Tough Competition in the AI Race

    AI was one of Meta’s main concerns going into 2025. However, according to current and former Meta workers, Zuckerberg has become frustrated that competitors like OpenAI seem to be ahead in both underlying AI models and consumer-facing apps.

    According to an earlier media report, Zuckerberg has been giving its more product-focused GenAI team greater priority than its Fundamental Artificial Intelligence Research unit, or FAIR, in order to help Meta advance AI and enhance its Llama family of AI models. Zuckerberg was even more irritated when developers did not like Meta’s April release of its Llama 4 AI models.

    Meta stated that it would soon develop a larger and more potent “Behemoth” variant of Llama 4, but at the moment, it only offered two smaller versions. As reported, Zuckerberg is worried about the model’s capabilities in comparison to rival models, which is why it hasn’t been released yet.

    What worries people the most is how Behemoth compares to the newest models from firms like OpenAI and China’s DeepSeek, whose algorithms are favoured by the larger developer community.

  • Machaxi Bags $1.5 Million from Rainmatter, Prakash Padukone to Scale AI-Led Grassroots Badminton Coaching

    • Funds raised to be used for expansion into Hyderabad, Pune, and Chennai.
    • A new initiative with Padukone School of Badminton aims to reach 1,000+ coaching centres in four years.
    • An AI-based coaching system is being developed to ensure training consistency across centres.
    • The company continues its focus on accessible, structured grassroots sports coaching and infrastructure.

    Machaxi, a sports-tech company focused on grassroots coaching and digital sports infrastructure, has raised $1.5 million in a round led by Rainmatter, the investment initiative of Zerodha. The round also saw participation from Indian badminton legend Prakash Padukone and existing investors.

    The funding will help Machaxi scale its operations beyond Bengaluru into three new cities- Hyderabad, Pune, and Chennai, while also building a nationwide framework for AI-powered badminton coaching.

    “We’ve always believed in the power of grassroots sports to transform communities. Machaxi’s tech-driven approach to coaching, combined with a solid on-ground strategy, aligns perfectly with our mission at Rainmatter to back sustainable and impactful ventures. We’re excited to support them on this journey, ” said Nithin Kamath, Founder of Zerodha and Rainmatter.

    As part of the expansion, Machaxi is collaborating with the Padukone School of Badminton to launch the “Machaxi x Padukone School of Badminton” program. The initiative aims to establish over 1,000 coaching centres across India within the next four years. A key feature of this partnership is the rollout of an AI-based coaching system that will help maintain consistency in training, regardless of geography or the availability of expert coaches.

    Prakash Padukone, Ace Indian Badminton player, added, “I’ve always believed that the future of Indian badminton lies in structured grassroots development. Machaxi’s vision to scale coaching while maintaining quality through AI is forward-thinking and impactful. I’m thrilled to partner with them in shaping the next generation of champions.”

    The company’s AI coaching system is designed not to replace human coaches, but to standardise training quality, assist in performance tracking, and ensure that the coaching model remains scalable.

    Pratish Raj, Co-founder, Machaxi, commented, “This partnership is a big step forward in our mission to make quality sports coaching accessible to everyone in India. With the support of Rainmatter and the visionary backing of Mr. Padukone, we’re working toward a future where every aspiring athlete, no matter where they come from can train with consistency, purpose, and access to world-class infrastructure. Our AI-powered model is built to ensure that potential is discovered and nurtured, not overlooked. We’re proud to be at the forefront of this shift in grassroots sports.”

    Since its founding, Machaxi has built a reputation as a pioneer in integrating technology with grassroots sports coaching. By combining AI-powered tools with on-ground coaching, Machaxi aims to address key challenges in India’s sports ecosystem, such as inconsistent coaching quality and limited access to professional training. With this funding and strategic partnership, Machaxi is poised to revolutionise grassroots badminton and inspire a new generation of athletes, setting new benchmarks for scalability, accessibility, and training excellence in Indian sports.

    According to a recent survey report by MarketsandMarkets, the global AI in Sports market was valued at $1.03 billion in 2024 and is projected to grow to $2.61 billion by 2030, at a CAGR of 16.7%. With the integration of generative AI and predictive analytics, the sector is transforming how sports are played, managed, and experienced, unlocking significant innovation and growth opportunities across the value chain for Machaxi.

    About Machaxi

    Founded in 2022, Machaxi is a sports-tech company dedicated to making sports more accessible across India. With centres in Bengaluru, we combine cutting-edge facilities and structured coaching to serve everyone, from first-time players to aspiring athletes. Our AI-powered programs and inclusive memberships aim to make sports a joyful and transformative part of everyday life.

    Indian Startup Funding Updates for 2025 (Updated Weekly)
    Get weekly updates on Indian startup funding for 2025! StartupTalky is here to provide you with a clear and simple overview of the latest funding news.
    StartupTalkyApoorva Bajj

  • WLDD Makes Third Strategic Buy, Picks Up Creative Agency Imagined Studio

    Digital marketing agency Wubba Lubba Dub Dub (WLDD) has acquired Bengaluru-based Imagined Studio in an all-cash deal, as exclusively reported by Inc42. The move is aimed at deepening WLDD’s creative and AI-driven service capabilities, particularly for its international client base.

    According to the report, all employees of Imagined Studio will now join WLDD as part of the integration. Co-founder Ritvik Varghese is set to support the company in an advisory role following the acquisition. Financial details of the deal have not been disclosed.

    Adding Motion Design and Video Production to the Mix

    Founded in 2024, Imagined Studio offers creative support to product and marketing teams, with a focus on motion design, video production, 3D content, and social media graphics. The studio has worked with clients including Zerodha, Simpl, and Armatrix.

    WLDD’s leadership stated that the addition of Imagined would enhance their ability to offer full-stack creative services, especially for clients in the United States. The integration is also expected to speed up content turnaround times and improve design-led storytelling across formats.

    Part of WLDD’s Expansion Through Acquisitions

    The acquisition of Imagined comes just two months after WLDD purchased Pune-based sneaker brand 7-10, marking its entry into the D2C space. At the time, WLDD co-founder Arihant Jain said the goal was to gain hands-on experience in building a consumer brand, so they could better support similar clients.

    Prior to that, the company also acquired digital media platform ScoopWhoop from The Good Glamm Group, further expanding its content ecosystem.

    WLDD Acquires Sneaker Brand 7-10, Expands into D2C Market
    Bengaluru-based meme marketing company, Wubba Lubba Dub Dub (WLDD) has acquired a majority stake in the direct-to-consumer (D2C) sneaker brand 7-10.
    StartupTalkyMuskaan Kapoor

    Industry Context and Observations

    As India’s digital marketing space matures, startups are increasingly seeking in-house creative firepower to differentiate themselves. Video-led campaigns, motion graphics, and tech-integrated storytelling are now critical to capturing consumer attention across platforms like Instagram, YouTube Shorts, and OTT.

    The acquisition of Imagined shows WLDD’s intent to move beyond meme marketing into full-service brand building. It also reflects a growing trend where marketing agencies are consolidating design, content, and commerce under one roof to meet performance and creative KPIs in global markets.

    Moreover, WLDD’s D2C acquisition of 7-10 shows a deeper push into vertical integration, something not traditionally attempted by digital marketing firms. This hybrid model of owning consumer brands and servicing external clients may soon become a differentiator in India’s competitive digital services space.

    About WLDD

    WLDD was founded in 2018 by Arihant Jain, Jaidev Kesti, and Vivekanand Kilari. The company began as a meme-led marketing firm but has since grown into a broader digital marketing platform. WLDD specialises in enhancing brands’ social media presence through meme marketing, short-form video content, and influencer collaborations.

    The Imagined Studio acquisition is expected to play a key role in WLDD’s next growth phase.

  • Byju’s Assets Approved for Sale by a US Court

    The coding platform Tynker and the children’s learning platform Epic, two American assets of the struggling edtech company Byju’s, were sold for a small portion of what the company had spent for them.

     According to a media report, both sales were allowed by a US bankruptcy court at a hearing on May 20.

    Tynker was purchased by computer science education startup CodeHS for $2.2 million in cash, which is a substantial decrease from the $200 million Byju’s paid in 2021 in a cash-and-stock transaction to acquire it.

    China’s TAL Education Group has purchased Epic for $95 million. Byju’s purchased Epic in 2022 for $500 million in cash and stock.

    Lenders Initiated Bankruptcy Proceedings Against Epic, Tynker and Osmo

    Some members of the consortium who borrowed $1.2 billion to Byju’s reportedly petitioned a US court to begin bankruptcy proceedings against Epic, Tynker, and Osmo in June 2024, according to a media house report.

    The lenders sued Raveendran, his wife Divya Gokulnath, and former business executive Anita Kishore in the United States on April 10. The three were accused in the case of conspiring to conceal and embezzle $533 million from the funds they had given to Byju’s Alpha, a special purpose financing vehicle the edtech business set up in the US to accept the loan.

    Before this, a Delaware Bankruptcy Court decision found that there had been several thefts and fraudulent transfers. The lenders claim that the court also determined that Riju Raveendran, a suspended director of Byju’s Alpha Inc., had breached his fiduciary duties as a director of the US company.

    Raveendran Brothers Moved to NCLT and NCLAT in India

    In India, the Raveendran brothers have petitioned the NCLT and the NCLAT for the removal of the resolution professional and a stay on the committee of creditors (CoC).

    This action follows actions taken by Think & Learn’s resolution professional to halt several court cases in a New York court. Concerns have also been voiced regarding the company’s continuous asset sales.

    After the coaching centre operator changed its articles of association (AoA) to eliminate the reserved rights of minority investors by implementing the resolutions passed at an extraordinary general meeting (EGM) last November, Think & Learn, represented by the RP, has further claimed that its ownership stake in Aakash is being diluted.

  • In Preparation for its IPO, Meesho Becomes a Public Entity

    The board of the massive D2C e-commerce company Meesho has authorised the company’s transformation into a public company in preparation for an IPO.

    In an extraordinary general meeting on June 5, the board of Meesho passed a special resolution to change the company’s name from “Meesho Private Limited” to “Meesho Limited”, according to the startup’s MCA filing.

     According to the petition, the conversion will provide Meesho more freedom to pursue access to the capital market and bring its corporate structure into compliance with the legal requirements for a business looking to go public.

    According to the filing, the firm intends to remain prepared from a regulatory and compliance standpoint to facilitate such an offering when judged appropriate, even if the board has not yet authorised or started the IPO process.

    In order to harmonise corporate and brand identity, the company rebranded its parent corporation more than a month ago.

    Meesho Unveils INR 411 Cr Bonus Share Plan Ahead of IPO

    A plan to issue 411.4 Cr bonus shares has been authorised by Meesho’s shareholders before the e-commerce giant files its draft red herring prospectus (DRHP) with SEBI, the market regulator.

    The proposal to issue bonus shares of INR 1 each to equity owners in a 47:1 ratio was accepted by the members at an extraordinary general meeting on May 31, according to the company’s MCA filings.

    The filing stated that the board of directors has been given the members’ consent to issue 411.4 Cr bonus equity shares worth INR 1 each, which will be credited as fully paid-up shares to the holders of the company’s existing equity shares.

    The company’s paid-up share capital will rise from INR 8.7 Cr to INR 420.1 Cr after the allocation. Tiger Global Management, Peak XV Partners, Prosus, Meta, and Think Investments are among the backers of the Bengaluru-based e-commerce giant.

    Meesho’s IPO Preparations

    By the end of 2025, the e-commerce giant is reportedly hoping to generate up to $1 billion through its first public offering (IPO). For its initial public offering (IPO), the startup has selected Morgan Stanley, Kotak Mahindra, and Citi as its bankers.

    According to reports, the investors suggested valuing the public offering at $10 billion. In order to improve brand memory among its stakeholders prior to its eventual stock market offering, the business rebranded its parent corporation from Fashnear Technologies Private Limited to Meesho Private Limited last month.

     Similar actions have previously been taken by consumer services titan Swiggy, fintech unicorn Moneyview, and fast commerce startup Zepto. Meesho was first established in 2015 as a social commerce firm by Vidit Aatrey and Sanjeev Barnwal. In 2022, though, it switched to a marketplace model in order to compete with Amazon and Flipkart.

  • RCB Shake-Up: Diageo Plans to Sell Iconic IPL Franchise

    The well-liked Indian Premier League (IPL) team Royal Challengers Bengaluru (RCB) might soon have a new owner.

    According to a media report, Diageo Plc, the British corporation that controls RCB through United Spirits Ltd., its Indian subsidiary, is looking into selling all or a portion of its franchise.

    A person cited in the report claim that Diageo has begun preliminary discussions with advisors and is amenable to a variety of options, including a full sale.

    This development comes soon after RCB registered its first IPL trophy in eighteen years (Winners of IPL 2025). Although the business hasn’t decided yet, it may consider paying up to $2 billion for the club. No concrete action has been taken thus far, and these conversations are still confidential.

    New Business Strategy by Diageo Plc

    According to the report, Diageo might be considering its ownership’s future as part of a broader plan to streamline its international operations. Diageo has experienced pressure on spirits sales in the US, its largest market, as a result of tariffs and a decline in consumer demand for high-end alcohol goods.

    RCB may be able to raise money and return its attention to its main business by selling a portion of the corporation. Growing government pressure could be another factor.

    The health ministry has been advocating for the prohibition of the indirect promotion of tobacco and alcohol goods during sporting events such as the Indian Premier League.

    Companies like Diageo have used famous cricket players to market soft drink brands like soda, despite the fact that direct advertisements for such items are already prohibited.

    Companies who utilise cricket to reach customers may see a decline in brand visibility if more stringent regulations are implemented.

    The Legacy of RCB and the IPL

    Vijay Mallya, a prominent figure in India’s spirits sector and the owner of Kingfisher Airlines at the time, first purchased RCB. Following the demise of Mallya’s economic empire, Diageo acquired United Spirits, which allowed them to take over RCB.

     Thanks in large part to Kohli and other well-known players like AB de Villiers and Faf du Plessis, RCB has grown into one of the most talked-about IPL teams throughout the years. The IPL is more than simply a cricket competition anymore.

    With a large global audience and significant advertising interest, it has grown to become one of the most valuable sports leagues in the world. It is ideal for digital and broadcast platforms due to its three-hour match format.

    A hefty price for RCB’s sale might establish a new benchmark for future IPL franchise valuations. According to reports, the IPL is on par with major sports leagues such as the English Premier League in the UK and the National Football League (NFL) in the US.

  • Qualcomm Strikes $2.4B Deal to Acquire Alphawave Semi in Major Chip Industry Move

    On June 9, Qualcomm Incorporated declared that it had reached a deal with Alphawave IP Group plc about the terms and conditions of a suggested acquisition of all of Alphawave Semi’s issued and to be issued ordinary share capital by Aqua Acquisition Sub LLC, an indirect wholly-owned subsidiary of Qualcomm Incorporated, at an implied enterprise value of roughly US$2.4 billion.

    Qualcomm’s growth into data centres is intended to be further accelerated and supported by the acquisition of Alphawave Semi. The rapid rise in AI inferencing and the shift to bespoke CPUs in data centres are driving the need for high-performance, low-power computing, which Qualcomm’s Oryon CPU and Hexagon NPU processors are well-positioned to satisfy.

    Acquisition to Complete in the First Quarter of 2026

    According to the announcement made in compliance with Rule 2.7 of the UK Takeover Code, this acquisition of Alphawave Semi is anticipated to be finalised in the first calendar quarter of 2026, provided that certain conditions are met or waived (where applicable).

    These conditions include, among other things, regulatory approvals, the consent of the required majority of Alphawave Semi’s shareholders, and UK High Court sanction.

    Impressive Product range of Alphawave Semi

    Providing intellectual property, custom silicon, connectivity devices, and chiplets that promote quicker, more dependable data transfer with improved performance and reduced power consumption, Alphawave Semi is a world pioneer in high-speed wired connectivity and computation technologies.

    Products from Alphawave Semi are a component of the core infrastructure that makes next-generation services possible in a variety of high-growth applications, such as data centres, artificial intelligence, networking, and storage.

    Under Tony’s direction, Alphawave Semi has created cutting-edge high-speed wired networking and computation technologies that complement our power-efficient CPU and NPU cores, according to Cristiano Amon, president and CEO of Qualcomm Incorporated.

    Workloads in data centres are a perfect fit for Qualcomm’s cutting-edge proprietary processors. Building cutting-edge technological solutions and enabling next-level linked computing performance across a variety of high-growth domains, including data centre infrastructure, is the shared objective of the merged teams.

    Tony Pialis, president and CEO of Alphawave Semi, provided more insight on the acquisition, stating that Qualcomm’s purchase of Alphawave Semi marks a noteworthy turning point for the company and a chance to collaborate with a reputable industry leader while adding value for its clients.

    The company will be in a strong position to increase our technological capabilities, access a wider consumer base, and broaden our product offerings by integrating Qualcomm’s resources and experience. Together, Qualcomm will spur innovation, open up new business prospects, and establish itself as a major force in AI compute and networking solutions.

  • Sundar Pichai Says Human Coders Still Reign — AI Isn’t Ready to Take Over

    The question of whether artificial intelligence will eventually replace human programmers has been discussed a lot lately. However, Google CEO Sundar Pichai claims that AI isn’t going to replace developers anytime soon; on the contrary, it’s doing the exact opposite.

    Pichai recently stated in an interview with the Lex Fridman Podcast that artificial intelligence (AI) is meant to assist software engineers, not to take their jobs. According to him, artificial intelligence (AI) is a potent helper that may increase coding professionals’ creativity and productivity.

    Pichai underlined that AI programming is more about teamwork than rivalry. He clarified, “It’s about improving the capabilities of human coders.” Programmers are supposed to be able to accomplish more work more quickly and concentrate on higher-level thinking with AI tools for developers.

    Although there are legitimate worries about how automation could impact employment, Pichai thinks the reality of the present and the near future is different. AI-assisted coding, in his opinion, is a tool to make programmers more productive rather than a replacement.

    AI Helping Coders of Google

    Surprisingly, Pichai revealed that approximately 30% of Google’s code currently incorporates some form of AI-generated input. Things are already moving more quickly thanks to tools like Google’s own AI-powered development helpers.

    More significantly, he stated that the true victory lies in the speed at which teams are moving. “How much our engineering velocity has increased due to AI is the most important metric, and we measure this carefully,” he stated.

    A significant 10% increase in output without sacrificing quality. Even if AI is becoming more prevalent in coding, Pichai stated that Google intends to increase its number of software developers in the upcoming year.

     That might come as a surprise, but it demonstrates how AI is creating more opportunities rather than reducing them.

    According to Pichai, “The opportunity space of what we can do is expanding too.” AI for developers is not taking the place of occupations; rather, it is freeing up time for more creative tasks like idea generation, issue solving, and brainstorming.

    AI Enhancing Creativity

    The broader picture of how AI might democratise creativity in the computer industry was another topic Pichai covered.

    More people, including non-traditional programmers, can build, code, and innovate if tools are made more intelligent and easily available.

    He claimed that it would provide more individuals access to creative power. A new wave of innovative software development, more cooperative engineering teams, and a wider variety of coding assignments could result from this.

    This change is exemplified by platforms such as MagicShot.ai, which enable individuals to use AI to boost productivity, automate processes, and realise innovative ideas without requiring extensive technical knowledge.