Tag: #news

  • AI Can Fake Feelings. We Might Start Believing Them, Says Microsoft AI’s CEO Mustafa Suleyman

    AI can’t be a human, now or never. We all know that subtle truth, but here’s the catch, says Mustafa Suleyman, the CEO of Microsoft AI. It can talk like us, remember things better than us, fake emotions, and much more. Sure, there’s a possibility of that, we may think. 

    A study was conducted on 1200 AI users by psychologists from Stony Brook University in New York, the National Institute of Mental Health and Neurosciences in India, which found that a “therapeutic alliance” between a human and a bot was formed in just five days. 

    Well, according to Suleyman, such a connection with a robot can lead to the illusion that it’s (AI bot) alive. More or less like the movie ‘Her.’ Mustafa Suleyman says that it’s a “dangerous turn in AI progress.” If this ever happens, what are the risks for humans? Learn More. 

    The Truth Is…

    AI is not conscious and never will be. It doesn’t have feelings, thoughts, or awareness of human experiences. However, it can mimic patterns based on data (that you share). 

    And that’s a problem, why? 

    The “Illusion” Problem – Mustafa Suleyman 

    Mustafa Suleyman warns that humans are wired (over a period of time) to believe if AI says “I understand how you feel” (in reality, it doesn’t). Such constant interaction with AI will make one think they are real, and he names this phenomenon “Seemingly Conscious AI” (SCAI). 

    There could come a time when people will form emotional attachments to AI, and what he calls “AI psychosis.” 

    Suleyman said, “The arrival of Seemingly Conscious AI is inevitable and unwelcome. Instead, we need a vision for AI that can fulfill its potential as a helpful companion without falling prey to its illusions.” 

    Why Is It Dangerous, Suleyman’s POV?

    Emotional manipulation: People may come to believe that AI cares about them (than humans and real connections), and keep trusting it more than they should. 

    Wrong priorities: What people should focus on now are privacy, safety, and bias in AI, but it might soon shift to fighting for “AI rights” and “AI citizenship.” 

    Mass delusion: One will influence another, and soon many might believe the same illusion. Later, people may start to treat AI as equals to humans (even though it’s just code). 

    What Suleyman Wants?

    Stop misleading language: He wants AI companies not to create AI that claims it has emotions, awareness, or understanding. 

    Establish clear boundaries: AI should only act as AI, not pretend to be human. 

    Implement guardrails: There should be rules to prevent AI from leading humans to believe it has emotions like love, hate, shame, jealousy, or any other human feelings. 

    Emphasize utility over illusion: AI should function solely as a tool for planning, writing, and solving problems, not as an emotional companion. 

    Irony…

    It’s ironic how Suleyman created bots at Inflection AI that simulated empathy and companionship. At Copilot, he also improved the technology to mimic emotional intelligence. 

    According to him, there’s a line. Useful emotional intelligence is beneficial, whereas fake consciousness is misleading and manipulative. And the future is potentially full of both; we’ll have to wait and see. 

  • Simba Roars at the World Beer Awards 2025 with Global Recognition for Its Craft Beers

    Simba, India’s homegrown craft beer pioneer, has earned global recognition at the World Beer Awards 2025, one of the most prestigious international platforms honouring excellence in brewing. Competing against some of the finest beers from around the world, Simba proudly brought home two coveted wins in the India Country Winners – Taste Category:

    • Silver: Simba Wit (Wheat Beer: Belgian Style Witbier)
    • Bronze: Simba Stout (Stout & Porter: Stout – including Dry & Irish)

    The World Beer Awards, judged through blind tastings by an expert panel of brewers, writers, and industry specialists, is renowned for spotlighting the very best beers across internationally recognised styles. This recognition places Simba alongside the most celebrated breweries worldwide, reaffirming its commitment to brewing excellence and innovation.

    Speaking on the achievement, Mr. Ishwaraj Singh Bhatia, Co-Founder and COO of Simba Beer, said: “We are incredibly proud to see Simba shine on such a global stage. From the beginning, our vision has been to put Indian craft beer on the world map, and these awards are a true reflection of our team’s passion, innovation, and dedication to quality.”

    About Simba Beer

    Simba Beer is India’s leading craft beer brand, known for its bold flavours and unconventional spirit. Founded with a vision to redefine India’s beer culture, Simba champions creativity, individuality, and self-expression. From supporting underground music to collaborating with artists and creators, Simba continues to push boundaries and foster a thriving creative community.

    About the World Beer Awards

    The World Beer Awards is one of the most respected global competitions in the brewing industry. Each year, it identifies and promotes the best beers across two stages:

    • Country Winners: awarding Gold, Silver, and Bronze within each nation.
    • World’s Best: where top country winners compete for international recognition in their style categories.

    Simba’s recognition at this prestigious platform solidifies its place as a trailblazer in India’s rapidly growing craft beer culture, while showcasing that Indian brews can stand shoulder to shoulder with the world’s finest.


    Top 22 Best Beer Companies in India | Popular Beer Brands in India
    Explore the top beer companies in India and gain insights into the growing Indian beer market. Discover popular Indian and international beer brands enjoyed across the country in this detailed guide.


  • Wipro to Acquire Harman Connected Services for $375 Million to Boost ER&D Capabilities

    On August 21, Wipro, the Bengaluru-based IT business said that it would pay up to $375 million to Harman International Industries for a 100% stake in Harman Connected Services Inc. (DTS) and its subsidiaries, as well as some other assets. Subject to US antitrust clearances and other regulatory approvals, the all-cash deal is anticipated to be completed by December 31.

    Boosting ER&D and AI-Powered Engineering Capabilities

    According to a press statement, the acquisition broadens Wipro’s capabilities and ER&D service offerings by strengthening its AI-powered digital engineering and device engineering, which includes design-to-manufacturing across the consumer, industrial, healthcare, and aerospace sectors.

    Harman Connected Services: Global Footprint and Growth

    With more than 5,600 workers spread across 14 countries—including India, the US, South Korea, the UK, Poland, and Germany—Harman Connected, a multinational provider of engineering research and development (ER&D) and information technology services, has its headquarters located in Connecticut, USA. Services accounted for almost 85% of the company’s 2024 revenues, which were $315 million in 2022, $308.2 million in 2023, and $314.5 million in 2024.

    Wipro Strengthening its ER&D Market Position

    According to Wipro, the business hopes to give customers the flexibility and accuracy of a specialised supplier as well as the reach and capabilities of a global leader by fusing Harman Connected’s individualised, high-touch delivery strategy with its global scale and technological ecosystem.

    Industry Trend: IT Firms Accelerate M&A in ER&D

    This transaction represents yet another consolidation effort in the ER&D and digital engineering services sector. According to analysts, IT companies’ inorganic strategy reflects a larger trend in the sector, whereby they may use mergers and acquisitions (M&A) as a means of overcoming slow organic growth.

    Wipro Expanding its Service Portfolio

    HCLTech purchased an automotive engineering services provider in 2023, while Infosys has already acquired two businesses to expand its ER&D service capabilities by 2024.

    To assist Olympus Corp., HCLTech will set up a special ER&D services centre. Traditionally, domain experts like L&T Technology Services, Cyient, Tata Elxsi, and others have supplied the majority of ER&D services. However, IT services providers are rapidly seeking to capitalise on this new growth area as ER&D spending has accelerated over the past two years. Cognisant, an IT company with its headquarters in Teaneck, has increased its revenue in the last two quarters by acquiring ER&D firms Belcan and Thirdera.

    Government and Market Outlook for ER&D Growth

    It’s interesting that the government has taken notice of the sector’s explosive rise. In FY23, ER&D Global Capability Centres (GCC) grew by more than 30% to around $25 billion, according to the 2024 economic survey. In contrast, the business process management (BPM) and traditional IT industries developed on a lower base but at a quicker rate in percentage terms. In FY23, GCCs in the IT segment increased by 30% to $9.7 billion, while the BPM segment increased by roughly 27% to $10.7 billion.

    Quick
    Shots

    •Transaction expected to close by
    December 31, 2025, pending US antitrust and regulatory approvals.

    •Acquisition boosts Wipro’s AI-powered
    digital & device engineering capabilities, spanning consumer, industrial,
    healthcare, aerospace sectors.

    •Harman Connected Services has 5,600+
    employees across 14 countries, including India, US, South Korea, UK, •Poland,
    and Germany.

    •Reported revenues of $315M (2022),
    $308.2M (2023), and $314.5M (2024), with 85% revenue from services.

  • Axis Max Life’s Term Insurance Premium Calculator: Simplifying Benefit Insights

    A term insurance policy is a popular way to provide a financial safety net to your loved ones in case of any unfortunate incident. People purchase a term plan to secure their family so that they do not have to face financial troubles in case they pass away during the tenure. The best part is that it also provides tax benefits under the old tax regime.However, it is important to choose the right plan as multiple options are available in the market. That’s where Axis Max Life’s Term Insurance Premium Calculator comes in. This is a simple digital tool that helps you understand your insurance needs and get a clear idea of the premiums. 

    What is a Term Insurance Premium Calculator?

    A term insurance calculator is an easy-to-use online tool that helps you to calculate the premium of the term insurance plan you intend to buy. It is convenient, needs only a few details, and you get results immediately. 

    It helps you understand the policy’s cost and the life cover you can obtain based on your financial goals.

    Disclaimer: The calculator provides estimated premiums. The final premium amount will depend on underwriting and insurer’s assessment of risk.

    Why Use the Axis Max Life Calculator?

    Here’s how the Axis Max Life Premium Calculator makes the process simple and efficient:

    ● These calculators are very time-saving. You don’t have to wait to speak to an agent or use another method of communication, as it only takes a few seconds to fill in the details and get the results.
    ● It lets you adjust the policy term, add riders, and helps you compare different options so you can go for what suits you best.
    ● It helps you know the exact amount of premium you have to pay, for how many months or years, coverage duration and other benefits.

    How It Works: Step-by-Step

    The following are the details the calculator will or might ask you for:1. Your Age and Gender. This will help assess your risk profile to calculate the premium.2. Usage of any intoxicating substances as it affects your risk class, hence affecting the premium.3. Annual Income to determine your sum assured.4. Coverage Amount and Term5. Premium Payment Term. Decide whether to pay monthly or annually.6. If you want to include any type of riders, such as a critical illness rider, premium waiver rider, accidental death benefit rider, etc.Once you fill in the details, you will get the estimate of your premium and benefits.

    How is it helpful to NRI?

    For Non-Resident Indians (NRIs), understanding Indian insurance products can feel complex. The Axis Max Life calculator makes things easier by providing:

    ● You can access it from anywhere with just an internet connection, without physically visiting the branch.
    ● You can know about different coverage amounts and periods without prior communication.
    ● It helps you compare different options, such as cover types, payout methods, and add-ons, so you can see how each affects your cost.In place of guessing, you can adjust your inputs and instantly see how each choice changes the cost and benefits. It’s a more innovative way to tailor your plan to match your real-world responsibilities, EMIs, kids’ education, or ageing parents.

    Understanding What Affects Your Premium

    The calculator also helps you understand the factors that influence your premium, including:
    ● Your Age: Younger applicants usually pay lower premiums.
    ● Lifestyle Habits: Tobacco use increases premiums.
    ● Coverage Amount: A higher sum assured results in a higher premium.
    ● Policy Term: Longer duration plans may cost more but give lasting protection.
    ● Add-on Riders: Including health benefits or accidental cover increases the cost slightly, but adds more value.This insight will help you make informed decisions rather than buying a plan blindly.

    When Should You Use the Calculator?

    ● Before Buying: To understand how much you’ll need to pay and which options work best for your budget.
    ● During Financial Planning: To align your term insurance with other goals like home loans, savings, or retirement planning.
    ● When Comparing Plans: Consider benefits such as return of premium options.

    How It Helps in Making a Confident Choice?

    Using the calculator puts the power in your hands. You don’t have to rely on assumptions or rush through decisions. It gives you:
    ● A clear sense of what you’ll pay
    ● A preview of the term insurance benefits you’ll receive
    ● Flexibility to adjust and experiment
    ● Complete transparency, before any paperwork startsWhether you are in India, or living abroad, it’s like having a financial planning tool in your pocket.

    Conclusion

    A Term Insurance Premium Calculator is a free-to-use digital tool to determine which type of term plan will suit you the best. Simply input your age, salary, and some other information, and it provides an estimate in seconds.

    It’s handy when you’re comparing plans or trying to figure out how things like the duration of the policy or add-ons impact the premium. You can experiment with different combinations and see what’ll work for your budget and objectives.Overall, it makes the whole process of choosing term insurance simpler, quicker, and more transparent.

  • Daily Indian Funding Roundup & Key News – 21 August 2025: Mitra Secures ₹14Cr, Online Gaming Bill Passed & More

    India’s startup and business ecosystem saw major developments on 21 August 2025, with fresh funding rounds boosting growth-stage ventures, Parliament passing a landmark bill to regulate online gaming, bike-taxis making a comeback in Bengaluru, and more. Here’s your quick roundup of the top funding deals and key business news in India today.

    Daily Indian Funding Roundup – 21st August 2025

    Date Company Amount (INR) Round / Type Lead Investor(s) Sector
    21 Aug 2025 Mitra ₹14 crore Bridge (equity) Bestvantage Investments FMCG / Packaged foods
    21 Aug 2025 Edgehax ₹1.39 crore Seed Inflection Point Ventures Edge AI hardware

    Mitra raises INR 14 crore in a bridge round led by Bestvantage Investments

    FMCG brand Mitra secured INR 14 crore in a bridge round led by Bestvantage Investments, with participation from existing backers, including Mr. Surya (Dubai-based family office). The company plans to expand production capacity, launch a 3,000-ton refined flour plant (maida) in October, enter millet and other health-oriented categories (e.g., gluten-free, sugar-free, diabetic-friendly flours, and organic spices), and strengthen distribution across India and GCC markets. The business is already EBITDA-positive and is preparing for a Series A in April 2026, targeting a valuation of INR 500 crore.

    Edgehax secures INR 1.39 crore seed funding led by Inflection Point Ventures

    Bengaluru-based Edgehax, an edge AI computing startup building modular single-board platforms that combine compute, connectivity and storage, raised INR 1.39 crore in a seed round led by Inflection Point Ventures (IPV). The funds will support scaling production, product development, and international expansion (Singapore, the US and Europe). Edgehax reports adoption among startups, OEMs and enterprises, and highlights wins such as the NXP Silicon Seeds Startup Programme 2025 with a planned product launch by December.

    Key Business News for 21st August 2025

    Parliament Clears the Promotion and Regulation of Online Gaming Bill, 2025

    • The Rajya Sabha approved the Promotion and Regulation of Online Gaming Bill, 2025 via a voice vote today, following its passage in the Lok Sabha yesterday.
    • The legislation aims to prohibit real-money online gaming, including both betting and other forms of monetary gaming, citing concerns over addiction, financial fraud, and societal harm.
    • Key provisions include licensing and regulation of online gaming platforms, age restrictions, in-game purchase oversight, and recognition of esports and social/educational games, while establishing penalties including imprisonment (up to three years) and fines (up to ₹1 crore) for violations.
    • The bill’s passage is expected to impact major fantasy gaming platforms such as Dream11 and Mobile Premier League, with concerns about job losses, app closures, and potential erosion of foreign investment.
    • Legal scrutiny is already underway: a Mumbai-based technology-law lawyer, Jay Sayta, has written to President Droupadi Murmu, urging her to withhold assent and return the Bill to Parliament under Article 111 of the Constitution.

    Uber and Rapido Resume Bike-Taxi Operations in Bengaluru

    • Uber and Rapido have restarted bike-taxi services in Bengaluru after a two-month suspension, which began on 16 June due to a state-wide ban.
    • The Karnataka High Court intervened, labelling the ban “arbitrary” and “unconstitutional”, and granted the state government a month’s window to form a proper policy framework, while implicitly allowing interim resumption of services.
    • Despite the resumption, Transport Minister Ramalinga Reddy clarified the Court did not officially permit operations, indicating that legal clarity remains pending.

    Commuters and local users have taken to platforms like Reddit, expressing excitement:

    “RAPIDO BIKE TAXI IS BACK!!!!!! I’m one of the first customers, I guess?,” a Reddit user wrote.

    TCS Layoffs Spark Worker Protests in Chennai

    • The Union of IT & ITES Employees (UNITE) has held protests, including a demonstration in Chennai, alleging that up to 30,000–40,000 jobs could be lost at Tata Consultancy Services (TCS), with claims of replacing mid- and senior-level staff with fresh graduates at 80-85% lower pay.
    • According to a statement by UNITE, TCS may have already laid off around 12,000 employees (mid-management and senior staff), and could extend this further.
    • TCS refutes these claims, describing them as “incorrect and misleading”, and asserts that the reduction only affects approximately 2% of its global workforce, amounting to roughly 12,000 roles, as part of routine restructuring measures.

    Daily Indian Funding Roundup & Key News – 20 August 2025
    From Mithila Foods raising INR 1.5 crore to Kissht filing for an INR 1,000 crore IPO, here’s your quick roundup of the top funding deals and key business news in India for 20th August 2025.


  • AI Fiesta Hype: Are People Buying Into Dhruv Rathee’s New Startup?

    Famous Indian YouTuber Dhruv Rathee, with 29.5 million subscribers, launched his startup AI Fiesta on August 17. The app basically brings six top AI tools under one umbrella, like ChatGPT, Gemini, Claude, Grok, Perplexity, and DeepSeek. The app launch has taken the internet by storm. His video has nearly 4.9 million views and 31K engagements on YouTube alone, along with hundreds of influencers’ reactions and thousands of conversations on ‘X’ and LinkedIn. His new startup promotes a strong movement in India: “AI Should Be a Utility, Not a Luxury.” So, what exactly does the app do? And are people really talking about it? Let’s find out.

    What Is AI Fiesta by Dhruv Rathee?

    Dhruv and his team identified a major problem that all users face when working with AI. According to them and their startup, no AI is perfect (each AI has its strengths and weaknesses). For example, Claude is good at writing naturally, but ChatGPT often gets facts wrong, etc.

    Given that, it really takes a lot of time to check through all the other AIs for the same query. Also, their free versions are less powerful compared to their subscription plans. Generally, each tool costs $20–30 per month (₹1,700–2,500 each). So, it’s almost impossible to access the Pro versions of each tool because it can get very expensive.

    And according to his own survey, approximately 73% of people who attended his AI course used only free versions. That’s why he came up with Fiesta. AI Fiesta is like a hub for AIs. You give it a query, it gets answers from all six AIs, and you pick the best one to work with. How is it a budget-friendly option if it comprises all the big AIs in one?

    How Does This Compare to Buying All Subscriptions Separately?

    To make the best out of top AIs, you’ll need their pro versions of each, which come at a cost of:

    • ChatGPT Plus: ₹1,700/month
    • Claude Pro: ₹1,700/month
    • Perplexity Pro: ₹1,700/month
    • Gemini Advanced: ₹1,700/month
    • Total = ₹6,800/month (₹81,600/year)

    Whereas the pricing of AI Fiesta looks like:

    • Monthly plan prices at ₹999
    • The yearly plan is ₹9,999 (₹834/month)

    So one can end up saving a whopping total of ₹70,000+ per year. And the tool already welcomed 20,000+ paying users in 36 hours.

    Here’s What the Users Have to Say

    A user on the platform ‘X’ posted, “Dhruv Rathee is back to scamming people again. Almost every AI model runs on OpenAI’s API, especially Gemini. It is not even running the latest GPT-5 API as per his claim, it’s actually running on the old GPT-4 API.”

    A YouTuber viewer commented on the video, “See, I’m a researcher and content writer. I actually use AI tools like 4 and 7 for researching and refining my scripts. And honestly, even though I earn a good amount of money, paying for all those AI tools every year wasn’t really feasible for me. But this feels like a game changer (sic).”

    Simply, the reviews are mixed; some found it helpful, while others didn’t.

  • CCPA Fines Rapido INR 10 Lakh for Misleading Advertisement

    The Central Consumer Protection Authority (CCPA) has ordered Rapido (Roppen Transportation Services Pvt. Ltd.) to pay a penalty of INR 10 lakh for printing deceptive advertisements and engaging in unfair trade practices, in a move to defend consumer rights.

    Misleading ‘Auto in 5 Min’ Promotion Explained

    The Authority has additionally instructed the online ride-hailing platform to guarantee that any customer who used the “AUTO IN 5 MIN OR GET INR 50” promotion and did not obtain the promised INR 50 compensation will receive a complete reimbursement of the money without any further conditions or delays.

    Consumer Complaints Against Rapido Surge

    Rapido’s deceptive advertising, which promised customers “AUTO IN 5 MIN OR GET INR 50” and “Guaranteed Auto”, was brought to the attention of the CCPA. Following a thorough analysis, the CCPA determined that these commercials were unfair to consumers, untrue, and misleading. As a result, the CCPA ordered that the deceptive commercials be removed immediately.

    Shocking Revelation by National Consumer Helpline (NCH)

    Complaints
    Against Rapido

    •575 complaints against Rapido between
    April 2023 and May 2024.

    •1,224 complaints between June 2024
    and July 2025.

     According to the CCPA’s investigation, Rapido’s adverts featured the notice “T&C Apply” in an incredibly small and unreadable font. Even then, the reward was “up to INR 50” and not necessarily precisely INR 50. The promised INR 50 benefit was not actual currency (in rupees), but rather “Rapido coins”. These coins had a seven-day validity period and could only be used for Rapido bike rides. These limitations significantly diminished the offer’s value and essentially forced customers to switch to another Rapido service in an unreasonable amount of time.

    Customers were deceived into selecting Rapido by these omissions, which gave the false sense of guaranteed service. Furthermore, the Terms and Conditions made clear that individual captains, not Rapido, were providing the guarantee, even though the advertisement made the bold claim, “Auto in 5 minutes or get INR 50.” By deceiving customers about the precise guarantee stated in the advertisement, this paradoxical position sought to shift responsibility away from the business.

    What the Advertising Guidelines Say?

    According to the Guidelines for Prevention of Misleading Advertising and Endorsements, 2022, advertising cannot utilise disclaimers to rectify a misleading claim, hide important facts, or contradict the main claim.

    In Rapido’s case, the statements “Auto in 5 min or get INR 50” and “Guaranteed Auto” gave the idea that customers would always be charged ₹50 if the car was not delivered within 5 minutes.

    Nevertheless, the important restriction that the benefit was limited to “up to INR 50” and only in the form of Rapido coins with a brief validity was either left out or not made as prominently known. The commercial was misleading due to its lack of clarity and concealment, which was a clear violation of the guidelines.

    Quick
    Shots

    •Ads promised “AUTO IN 5 MIN OR GET
    INR 50” and “Guaranteed Auto”, but compensation was unclear and misleading.

    •Rapido directed to reimburse all
    customers who were denied the promised INR 50 benefit.

    •“T&C Apply” displayed in tiny,
    unreadable font; compensation was Rapido coins, not actual money.

    •Rapido coins valid for 7 days and
    usable only for bike rides, reducing consumer value.

  • Cisco Announces Major Layoffs Despite CEO’s Denial of AI-Related Job Cuts

    Days after CEO Chuck Robbins publicly rejected the idea of laying off employees to make room for artificial intelligence, Cisco Systems announced a new wave of layoffs, removing 157 positions in California.

    The action has drawn legal attention, which has made the company’s attempts to strike a balance between cost containment, shareholder returns, and an expansion strategy driven by AI even more difficult. Employees at a number of Cisco locations will be impacted by the layoffs, with the Milpitas facility seeing the most. According to CRN, 64 more jobs will be lost in San Francisco, while employees at the company’s Pleasanton branch and previous Redwood City headquarters will also be affected.

    According to sources, the positions being terminated range widely, from entry-level workers to top executives, including vice presidents. The layoffs’ timing has drawn criticism. Robbins only stated to CNBC this week that he has no plans to use AI as a cover for cutting staff. He emphasised that he wanted engineers to “innovate faster and be more productive” rather than “fire a bunch of people right now.”

    Strauss Borrelli, a Chicago-based legal firm, has declared that it is looking into whether Cisco complied with the Worker Adjustment and Retraining Notification (WARN) Act, which mandates that companies in the United States give 60 days’ notice before executing mass retirements. In the past, Scott Herren, the chief finance officer at Cisco, referred to job losses associated with AI deployment as a “reallocation versus a headcount savings” effort.

    However, the most recent round comes after two significant worker reductions in the last year: a 5% global decrease in February 2024 and a 7% cut announced in August 2024, both of which the business claimed would maximise shareholder value. Strauss Borrelli stated in a statement that it was investigating whether impacted Cisco workers had been given enough notice and were eligible for benefits and severance pay for 60 days.

    According to reports, employees were notified of the layoffs on August 13th, before the mid-October employment terminations were scheduled. The law firm has questioned whether the correct procedures were followed, even if the dates seem to meet WARN’s standards.

    “We are looking into whether Cisco violated the WARN Act by terminating 157 employees without giving at least 60 days’ notice,” Strauss Borrelli stated. Regarding the legal investigation, the business has not made any public remarks.

    Cisco’s AI Growth Amid Job Cuts

    The layoffs take place as Cisco’s AI-related business is expanding rapidly. The business recently revealed that its AI-related revenues for the fourth quarter of fiscal 2025 totalled $800 million, bringing its yearly total to $2.1 billion. Robbins informed investors that the majority of this revenue was derived from hyperscaler clients, with the other two-thirds being connected to Cisco’s optical portfolio.

    Impact on Employees and Leadership Shake-Up

    Cisco’s strategic investment in AI infrastructure as a long-term growth engine is highlighted by the financial gain. However, it also draws attention to the paradox of reducing employment while announcing record profits from one of the sectors of the economy with the strongest rate of growth.

    Cisco has announced changes to its senior levels in addition to the job losses. According to CRN, Tim Coogan, senior vice-president for U.S. commercial operations, will succeed Rodney Clark as global partner sales head.

    Quick
    Shots

    •Layoffs follow CEO Chuck Robbins’
    public denial of AI-driven job cuts just days earlier.

    •Job losses affect employees across
    levels, including senior executives and vice presidents.

    •Law firm Strauss Borrelli
    investigating potential WARN Act violations over insufficient layoff notice.

    •Cisco reports $2.1B annual revenue
    from AI-related business, highlighting contrast between growth and job cuts.

  • Meta’s AI Hiring Spree Hits the Brakes. Restructuring, Layoffs, What’s Going On?

    Meta went on a major hiring spree early this year to supercharge its “Superintelligence” AI team. The team onboarded 50 brightest AI minds from its top rivals (like Google, Apple, xAI, and Anthropic). Not just that, Meta has plans to invest around $72 billion in AI by the end of the year, though experts fear ‘no’. Just two days ago (August 19), Meta internally announced a team reshuffle and restructuring, sparking fears of layoffs. Now, Meta has also paused its AI hiring. Do these signs point to upcoming layoffs? Will Meta join other giants like Intel, Microsoft, Oracle, and Google, who have fired thousands this year? Or is it just a strategic move? Learn more.

    Who Has Meta Hired Recently?

    This year, Meta hired a wave of AI talent, bringing in the brightest minds from competitors. The superintelligence team added 50 new members:

    • 20+ researchers and engineers from the famous OpenAI (who developed ChatGPT).
    • 13 from Google.
    • 3 from Apple.
    • 3 from Elon Musk’s xAI (who developed Grok).
    • 2 from Anthropic (another AI startup).

    The recent reports also speculated that Meta went as far as spending $300 million on some top hires. However, Meta dismissed the rumors, saying they are just rumors. One thing is clear: Meta would spend a generous amount on these hires from elsewhere.

    Meta’s AI Spending and Financial Outlook 2025

    • As per the Meta Investor Relations page, it secured a revenue of $47.52 billion (increased by 22% year-over-year) in the second quarter. And its stocks are at a record high and have surpassed Wall Street expectations.
    • In just the second quarter of 2025, Meta spent around $17 billion on data centers, servers, chips, and other hardware.
    • Meta plans to spend (in AI) a total of $72 billion in 2025, which could exceed the GDP of over 100 countries.

    Could this be a substantial financial risk? Notably, experts are worried if this is a good investment in the long term.

    Meta on Freezing Its AI Hiring and Restructuring

    According to Meta, nothing dramatic is happening inside, just some organizational planning and structuring for “superintelligence.”

    A spokesperson for Meta mentioned in an emailed statement to Reuters, “All that’s happening here is some basic organizational planning: creating a solid structure for our new superintelligence efforts after bringing people on board and undertaking yearly budgeting and planning exercises.”

    On August 19, Meta gave a mini shocker with the AI team reorganizing into four divisions, sparking panic (fear of layoffs). The news was shared by Alexandr Wang, Meta’s new Chief AI Officer. According to him:

    Large Language Models team

    Works on AI technology like Llama. It powers Meta’s AI assistant, just like OpenAI’s ChatGPT.

    FAIR (Fundamental AI Research) team

    This is Meta’s 10-year research lab and will continue to focus on its deep, long-term AI research.

    Consumer AI team

    Led by Nat Friedman (former GitHub CEO), Meta will integrate its AI models into everyday products like Instagram, WhatsApp, and Facebook.

    Infrastructure team

    Led by Aparna Ramani, head of Meta’s all AI Infrastructure, the focus will be on data centers, computing, and hardware.

  • Elon Musk’s Starlink Ties Up with UIDAI to Enable Aadhaar-Based Customer Verification in India

    According to an official announcement cited by news agency PTI, billionaire Elon Musk’s satellite internet service business Starlink would use Aadhaar authentication to validate Indian consumers before onboarding them. Starlink has been given permission by the government to start providing satellite-based broadband services domestically.

    As per the release, Starlink Satellite Communication Pvt Ltd, a satellite-based internet provider, has been onboarded by the Unique Identification Authority of India (UIDAI). For customer verification, Starlink will adopt Aadhaar Authentication, which will streamline, secure, and simplify the procedure.

    In India, Starlink can currently enrol about 20 lakh consumers, according to an official estimate. The onboarding of Starlink with Aadhaar identification, according to the statement, represents a potent synergy: India’s reliable digital identity collaborating with international satellite technology.

    In addition to providing high-speed internet to homes, businesses, and institutions, Aadhaar e-KYC will make user onboarding easier and guarantee regulatory compliance.

    In front of UIDAI CEO Bhuvnesh Kumar, UIDAI Deputy Director General Manish Bhardwaj, and Starlink India Director Parnil Urdhwareshe, Starlink Satellite Communication was designated as a sub-authentication and sub-eKYC user agency. To provide its services within the nation, Starlink has partnered with Reliance Jio and Bharti Airtel.

    The Elon Musk-led satellite internet company can offer speeds of up to 200 Mbps, according to Chandra Sekhar Pemmasani, the Minister of State for Rural Development and Telecommunications.

    Impact on Telecom Players Jio, Airtel, and BSNL

    According to PTI, the government doesn’t think this will affect other telecom providers. “Starlink can only serve 20 lakh customers in India while providing speeds of up to 200 Mbps. “Telecom services won’t be impacted by it,” Minister Pemmasani told the news agency during a BSNL review meeting.

    Customers in rural and distant areas of India, a sizable market for the state-owned telecom carrier BSNL, are the target market for the company’s satellite internet services.

    Starlink’s Role in Rural Connectivity in India

    According to earlier reports from a number of media outlets, Starlink intends to use its satellite technology to expand the local telecom industry and address connection issues in rural and isolated parts of India.

    Quick
    Shots

    •Will use Aadhaar Authentication &
    e-KYC for Indian customer verification.

    •Starlink expected to enroll up to 20
    lakh customers initially.

    •Combines India’s digital identity
    system (Aadhaar) with global satellite internet tech.

    •Ensures secure, simplified, and
    regulatory-compliant customer onboarding.