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  • Tesla Opens New Delhi Showroom at Aerocity, Showcases Model Y for India Launch

    On August 11, 2025, Tesla formally opened its second dealership in India at Worldmark 3, Aerocity, New Delhi. The well-liked Model Y electric SUV, which is available in two versions—Rear-Wheel Drive (RWD) and Long Range RWD—will be on display at the new Tesla dealership in Delhi. This development comes after last month’s opening of Tesla’s first Indian store in Mumbai’s Bandra Kurla Complex.

    Tesla Model Y India Price and Variants

    The Long Range RWD variant costs Rs 67.89 lakh (ex-showroom), while the basic Rear-Wheel Drive (RWD) model costs Rs 59.89 lakh (ex-showroom). The third quarter of 2025 is anticipated to see the start of deliveries for both.

    Performance, Range, and Battery Specs of Model Y

    The Model Y basic RWD can accelerate from 0 to 100 kmph in 5.9 seconds and has a stated driving range of 500 km on a full charge. The Long Range RWD accelerates from 0 to 100 kmph in 5.6 seconds and extends the range to 622 km. The maximum speed for both is 201 kmph.

    Business Operations of Delhi Unit

    Under a nine-year contract, Tesla has secured around 8,200 square feet of space at Worldmark 3 for the Aerocity showroom. According to reports, the lease starts at INR 17.22 lakh a month, with rate increases planned every three years. The space in Mumbai is roughly 4,000 square feet.

    The New Delhi Experience Centre will serve as a venue for both client interaction and display. Prospective customers will be able to see Tesla cars, read through the specs, and look into charging and buying possibilities. The launch of the Delhi showroom, according to industry observers, is a step towards Tesla’s goal of growing its retail network throughout important Indian cities.

    Tesla’s Retail Expansion Plans in India

    As part of its India plan, the corporation is anticipated to open additional showrooms and service locations. The Model Y is imported by Tesla as a completely constructed unit (CBU) into India. It is one of the more expensive EVs in the Indian market since import taxes almost quadruple the retail price when compared to international markets.

    Impact on Tesla’s Global Sales Strategy

    At a time when its sales in China and Europe are declining, Tesla is making its debut in the Indian market with the vehicle Y as its flagship vehicle. The business reportedly transported its first shipment of Model Y rear-wheel drive SUVs to India from its China plant.

    Additionally, before deliveries start, the business plans to deploy superchargers in India. It would initially concentrate on Mumbai and Delhi.

    Battery packs are available for the Tesla Model Y rear-wheel-drive variant in India: a 60 kWh and a larger 75 kWh model. One electric motor producing 295 horsepower powers this RWD model. With a full charge, the 60 kWh battery is supposed to have a WLTP range of 500 km, whilst the long-range model promises a range of 622 km.

    Quick
    Shots

    •Tesla
    opened its second dealership in India on August 11, 2025 at Worldmark 3,
    Aerocity

    •Displaying
    Model Y electric SUV in two variants

    •Expected
    to start delivering by Q3 2025

  • Protrainy Emerges as India’s Leading Platform Empowering Core Engineers to Upskill and Accelerate Careers

    New Delhi [India], August 11: Protrainy, India’s fastest-growing upskilling platform for core engineers, is reshaping the career paths of professionals in civil, mechanical, and electrical engineering by equipping them with the skills and industry exposure they need to transition into better-paying, high-growth roles. With a sharp focus on Tier 2 and Tier 3 cities, Protrainy is bridging a long-standing gap in the country’s technical education system by delivering job-aligned, practical training, helping engineers not just skill up, but move up.

    India produces over 1.5 million core engineering graduates every year. However, despite explosive growth across sectors like construction, infrastructure, manufacturing, oil & gas, and renewables, a majority of these graduates remain underemployed or stuck in low-paying jobs. Many begin their careers earning between ₹15,000–₹20,000 a month, not due to a lack of talent, but because traditional engineering education often fails to prepare them for the First Program launched in 2021 by Biswajit Shaw, designed Protrainy to make engineers “industry ready” through rigorous, hands-on learning. It’s a live, cohort-based model that connects learners with experienced industry mentors and covers key areas like project planning, QA/QC, MEP systems, safety management, and design tools, ensuring engineers are equipped with high-demand, job-relevant skills. Bishal Shaw later joined as co-founder, helping the company scale its operations and deepen its national footprint.

    Since its inception, Protrainy has empowered over 20,000 paid learners across India, particularly in cities like Surat, Ranchi, Nagpur, and Coimbatore. More than 70% of its learners have seen measurable career progress, including promotions, salary hikes, and successful role transitions. Alumni have moved into positions such as planning engineers, site managers, and safety officers, with some even landing overseas assignments and experiencing salary jumps of up to 70%.

     In addition to technical training, the platform offers support in resume building, interview preparation, job referrals, and alumni networking, making it a comprehensive solution for core engineers seeking growth. Unlike mainstream edtech platforms that focus predominantly on IT and coding, Protrainy is singularly focused on India’s underserved but crucial core engineering workforce.

    The platform’s credibility has been further cemented through recognition under AICTE’s NEAT 4.0 initiative, course validation by EICT Academy at IIT Guwahati,I Hub Divya Sampark IIT Roorkee and support from the Nexus Incubator, US Embassy India establishing Protrainy as a trusted name in outcome-based upskilling.

    Protrainy has also successfully raised an undisclosed amount in seed funding from IIMA Ventures and a distinguished group of Indian and US-based angel investors, including Dhiraj Sinha (Founder, SucSEED Ventures), Suresh Reddy (Vibrant US), Avantika Sahay, AIC Nalanda, and others. The funding will be instrumental in scaling Protrainy’s reach, enhancing its tech platform, and expanding placement partnerships.

    “Our vision is simple: no core engineer in India should earn less than ₹40,000 per month,” said founder Biswajit Shaw. “With the right training, mentorship, and exposure, India’s engineers can become the backbone of the nation’s growth story, building infrastructure, driving sustainability, and powering manufacturing excellence.”

    Protrainy has built a thriving community of over 1,00,000 learners across India. The company aims to upskill over 1 million core engineers by 2030, expand its placement network, and deepen its presence in both metro and non-metro regions. The long-term goal is to make Protrainy the default destination for core engineering upskilling in India.

    As India doubles down on its infrastructure push, smart city projects, and renewable energy expansion, the demand for practically skilled core engineers has never been higher. Protrainy is rising to meet this challenge, empowering engineers not just to find jobs, but to lead industries.

  • TikTok Replaces Human Content Moderators with AI, Cutting Jobs Worldwide

    German TikTok workers have organised fresh strikes in protest of widespread layoffs in the company’s safety and trust division. As part of a broader strategy the firm has been implementing across offices worldwide, the social media giant has announced intentions to dismantle its entire Berlin moderation section, which is in charge of eliminating damaging content, and transfer the work to artificial intelligence and outside contractors.

    Berlin Moderation Team Faces Complete Shutdown

    According to German media reports, the relocation will result in the loss of 150 jobs. In recent weeks, the trade union that represents the employees has pressed TikTok for negotiations.

    Union Response to TikTok Job Cuts

    The union issued the company a list of demands, including severance pay for impacted employees and prolonged notice periods of up to a year, according to Kalle Kunkel, ver.di’s representative for the Berlin-Brandenburg region. TikTok hasn’t responded as of yet. In essence, they replied, “We don’t want to talk to you,” Kunkel recalled. “We went on two strikes after that, but nothing has changed.”

    40% Reduction of German Workforce

    The Berlin moderating staff caters to the approximately 32 million active users who speak German. Despite having offices in multiple locations in Germany, TikTok’s major base is the capital, where it employs about 400 people.

    Its local workforce would be reduced by nearly 40% if the trust and safety workers were cut. The proposed cuts are intended to “streamline workflows and improve efficiency”, according to TikTok spokesperson Anna Sopel, who also emphasised that “we remain fully committed to protecting the safety and integrity of our platform.”

    Like teams throughout the world, Germany’s trust and safety team is responsible for making sure videos don’t contain offensive material like violence, pornography, false information, or hate speech, or they don’t break corporate policies. The union claims that each moderator examines up to 1,000 videos every day, frequently with the assistance of AI techniques.

    Global Impact — Netherlands, Malaysia, and Beyond

    TikTok has been reducing its trust and safety activities worldwide over the past year, gradually substituting automated technology for human moderators. The entire 300-person content moderation crew in the Netherlands was fired by the firm in September.

    AI vs Human Moderators — The Debate Over Safety

    It revealed intentions the following month to install AI-powered systems in Malaysia to replace about 500 moderators. Significant numbers of trust and safety employees throughout Asia, Europe, the Middle East, and Africa were being trimmed, according to a February Reuters story.

    The German layoffs come after Shou Zi Chew, the CEO of TikTok, testified before the US Congress in 2024 and promised to raise funding for safety and trust. He pledged more than $2 billion at the time to help a team of more than 40,000 individuals worldwide.

    Quick
    Shots

    •TikTok
    replacing human content moderators with AI systems and external contractors.

    •Part
    of a global cost-cutting and efficiency drive

    •Entire
    Berlin trust & safety division to be shut down.

    •About
    150 jobs to be lost, affecting moderation for 32M German-speaking users.

  • House of Elorra – India’s First Luxury Bridal Nightwear Brand

     Brides plan everything for their big day – the dress, the jewellery, the décor – but when it comes to luxurious nightwear for the wedding night or honeymoon, the options are… ordinary.

    House of Elorra is here to change that.

    We believe nightwear should be a reflection of elegance, femininity, and grace. Our premium satin nightwear collection is not just something you wear – it’s an experience. Each piece is designed to elevate your evenings and transform your nights into moments you’ll treasure forever.

    The Look: From Ordinary Basics to Effortless Elegance

    Most nightwear is created simply to “do the job” – plain, unremarkable, and far from special. House of Elorra is different.

    We work exclusively with feather-light premium satin, chosen for its smoothness, breathability, and natural drape. Satin has always been a symbol of luxury, and we bring it to life with:

    • Flowing silhouettes that flatter every body type
    • Delicate lace trims for romance and charm
    • Handworked Swarovski crystals that sparkle with every movement

    Each nightdress is a wearable work of art, designed to flatter, comfort, and inspire.

    The Fit: Relaxed Luxury for the Perfect Fit

    Typical nightwear often comes in “one-size-fits-all” designs that never feel truly yours.At House of Elorra, we know comfort is personal.

    Our kimono-style relaxed fits are tailored to move with you – perfect for lounging, stretching, and sleeping without restriction. Plus, our pieces are effortlessly low-maintenance – staying fresh, beautiful, and wrinkle-free, wash after wash.

    The Emotion: Turning Routine into Ritual

    Wearing House of Elorra satin nightwear isn’t just about changing clothes – it’s about transforming your mood. Whether it’s your bridal morning, honeymoon evening, or a slow Sunday at home, our designs wrap you in elegance and softness.

    Every touch of satin, every shimmer of Swarovski, and every fall of lace is a reminder that you deserve to feel beautiful, even in your most private moments.

    The Perfect Couple’s Gift

    When celebrating love, the best gifts combine beauty, comfort, and intimacy. While jewellery and vacations are memorable, luxury satin nightwear offers something unique – a romantic experience she can enjoy again and again.

    Every House of Elorra piece is:

    • Sensual without being overbearing
    • Elegant without losing comfort
    • Romantic without losing timeless appeal

    Perfect for anniversaries, honeymoons, or spontaneous surprises.

    Why Every Bride Deserves Luxurious Nightwear

    Your wedding day is a once-in-a-lifetime celebration – but your bridal nightwear will live on in your memories forever. That’s why we design pieces to make every moment extraordinary.

    Key Features of House of Elorra Nightwear

    • Premium Satin & Silk – Breathable, feather-light, gentle on skin
    • Designer Embellishments – Swarovski crystals, fine lace trims, intricate beadwork
    • Bridal-First Concept – India’s first dedicated luxury nightwear line for brides
    • Flattering Fit – Kimono-inspired silhouettes to suit all body shapes
    • Easy Care – Always fresh, wrinkle-resistant, low-maintenance

    Why Choose House of Elorra?

    We blend luxurious fabrics, exceptional craftsmanship, and timeless design to create nightwear that’s more than sleepwear – it’s a celebration of you.

    From bridal satin robes to designer nighties in India, each piece inspires confidence, elegance

    Transform Your Nights with House of Elorra.

  • Microsoft Unveils Copilot 3D: AI Tool to Instantly Convert Photos into 3D Models

    Microsoft has unveiled Copilot 3D, an AI-powered feature that has the ability to convert standard 2D images into 3D models, just one day after the GPT-5-powered Smart Mode was implemented in Copilot.

    The technology giant claims that Copilot 3D is “designed to make 3D creations fast, accessible, and intuitive.” Copilot 3D, a component of Copilot Labs, is incredibly useful if you want to test a concept, explore new ideas, or direct hands-on learning without the complexity and inconvenience of traditional 3D tools. For “a subset of users”, the feature is now free, but in order to access it, you must log in using your Google or Microsoft account.

    How to Access and Use Copilot 3D?

    Microsoft advises users to test the feature on a desktop computer because using a mobile browser may cause problems. Simply navigate to Copilot.com in their preferred browser and click the sidebar button that shows up in the upper left corner of the window to begin using Copilot 3D.

    After selecting Labs, click the “Try now” box beneath Copilot 3D. Users can currently only upload PNG or JPG files that are less than 10MB in size, although Microsoft may eventually expand the size limit and allow additional file formats. After uploading an image, users only need to click the “Create” button and wait a few seconds to a minute for the 3D version of the image to appear.

    Key Features and File Support

    According to Microsoft, the pictures users wish to turn into 3D models should have a distinct backdrop or background-subject distinction. The Verge claims that while Copilot 3D may have trouble distinguishing animals and some things, it does admirably with furniture and items like bananas and umbrellas.

    Best Practices for Creating Accurate 3D Models

    All of the 3D models produced by Copilot 3D are compatible with the majority of 3D viewers, tools, and engines because they are saved in GLB format and may be exported to an augmented reality app. These 3D models are accessible from the My Creations tab and are stored for a period of 28 days.

    Copilot 3D and the Growing AI Creativity Trend

    Additionally, Microsoft advises against submitting any photographs that depict persons because doing so could result in users’ accounts being blocked for breaking terms and conditions. Instead, only upload images that users own the rights to. Additionally, nothing unlawful will be automatically prohibited, but these creations won’t be used to train future AI models.

    Additionally, this launch fits into a larger trend in the AI sector. Businesses are competing not just on the basis of how “smart” their AI is, but also on how innovative and practical it can be. AI is evolving beyond merely providing answers to queries to assist humans in creating, constructing, and imagining completely new things.

    Quick
    Shots

    •Microsoft
    introduces Copilot 3D, an AI feature that converts 2D images into 3D models
    instantly.

    •Arrives
    a day after GPT-5-powered Smart Mode in Copilot.

    •Part
    of Copilot Labs, aimed at making 3D creation fast, accessible, and intuitive.

  • Eyestem Raises Funds to Advance Eyecyte-RPE™ Through Phase 2 Clinical Trial and Towards US IND

    Eyestem Research Pvt Ltd has raised funds in a significantly oversubscribed funding round to support the next stage of development for its investigational retinal pigment epithelial (RPE) cell therapy, Eyecyte-RPE™. 

    The capital will enable completion of the ongoing Phase 2 clinical trial in India and support preparations for filing an Investigational New Drug (IND) application with the US Food and Drug Administration (FDA). 

    “Strong participation by internal investors and addition of a strategic investor, underline the shared belief in Eyestem’s long-term vision of creating an innovative cell therapy platform providing scalable solutions for incurable diseases worldwide. This $10 million fundraise will support the next leg of development and strengthen the foundation for global expansion. We continue to prioritize rigorous clinical progress and the capabilities needed to ensure global patient access to this therapy,” said Dr. Jogin Desai, Founder and CEO, Eyestem.

    In a joint statement, Mr. Raju Barwale, Chairman, Mahyco  and Mr. Sandeep Singh, Managing Director, Alkem Laboratories Ltd, added, “ Eyestem’s pioneering treatment is delivering remarkable outcomes that set a new benchmark in ophthalmic cell therapy. The results observed in Phase 1 not only demonstrate promising efficacy compared to other ongoing global trials but also validate India’s potential as a leader in advanced cell therapy innovations. We are privileged to support a breakthrough that has the potential to redefine treatment outcomes for millions suffering from dry AMD.”

    Eyecyte-RPE™ is being developed for patients with geographic atrophy (GA) secondary to dry age-related macular degeneration (dry AMD). In the recently concluded Phase 1 trial in subjects with advanced GA and severe vision loss, the therapy showed a strong safety profile with no serious adverse events and early signs of clinical benefit, with an average improvement of 15.8 letters for six subjects at the end of six months and  an average improvement of 11 letters in  the first two subjects over a one year period. The upcoming Phase 2 trial will further assess the efficacy and safety of the product in a larger group of subjects with moderate GA and vision loss. 

    The company has submitted its Phase 1 clinical study report to the Central Drugs Standard Control Organisation (CDSCO) and is awaiting approval to initiate Phase 2. 

    About Eyecyte-RPE™

    Eyecyte-RPE™, derived from human induced pluripotent stem cells (hiPSCs), is a proprietary retinal cell therapy product with a novel composition, developed and patented by Eyestem Research. The product can help replace the damaged or lost retinal pigment epithelial (RPE) cells and potentially enable tissue regeneration in the diseased retina. This unique formulation is allogeneic, scalable, and can be stored as a frozen vial for long periods of time.

    About Geographic Atrophy

    Dry AMD is the leading cause of blindness for people over 50. Geographic atrophy (GA) is an advanced form of dry age-related macular degeneration (AMD) that leads to progressive and irreversible loss of central vision, characterized by the death of cells in the macula, the central part of the retina. Approximately 196 million people suffer from dry AMD globally, five million of whom suffer from GA.

    About Eyestem Research

    Headquartered in Bangalore and Delaware, Eyestem Research is a clinical-stage biotechnology company, which was started by a founding team with several decades of experience in pharmaceutical product development, retinal surgery, and cell biology. It has won significant accolades with the most recent one being named the top innovator in India across all sectors in 2022 by the prestigious The Economic Times newspaper. It is also the recipient of several prestigious grants and awards from the Department of Biotechnology (DBT), Government of India, and has been feted at high-profile government events as one of the most successful and innovative biotechnology companies in the country.

  • Nvidia and AMD Agree to 15% China Chip Sales Levy to US Government Amid Trade Tensions

    According to an insider who spoke to the BBC, chip giants Nvidia and AMD have agreed to give the US government 15% of their sales of semiconductors in China. The contract is a component of an agreement to obtain export licences to the second-largest economy in the world.

    Financial Impact on Semiconductor Leaders

    Nvidia informed the BBC that it will abide by the regulations put forth by the US government in order to participate in global markets. Nvidia expects that export control laws will let America compete in China and around the world, even if it hasn’t exported H20 to China in months.

    Nvidia also stated in a statement to the BBC that America cannot lose its position as the leader in telecommunications by replicating 5G. If Nvidia races, America’s [artificial intelligence] tech stack might become the norm globally.

    H20 and MI308 Chips in the Chinese Market

    According to the agreement, AMD will provide the US government the same percentage of its MI308 chip income as Nvidia will from its H20 chip sales in China, as first reported by the Financial Times. “Unprecedented” is how Charlie Dai, vice president and chief analyst at the international research firm Forrester, described this deal.

    The agreement, he continued, highlights the steep price of market access in the face of growing tech trade disputes, putting significant financial strain and strategic uncertainty on tech providers. Nvidia recently declared that it will remove a previous prohibition by Washington on the sale of its H20 chips to Beijing due to security concerns.

    Applications for artificial intelligence (AI) make use of these potent devices. “You either have a national security problem or you don’t,” stated Deborah Elms, the Hinrich Foundation’s head of trade policy. “If you have a 15% payment, it doesn’t somehow eliminate the national security issue,” Ms Elms stated to the BBC.

    Following the Biden administration’s 2023 imposition of US export restrictions, the H20 chip was created especially for the Chinese market. In April of this year, the Trump administration essentially outlawed its sale. Jensen Huang, the CEO of Nvidia, has been pleading with both parties for months to resume selling the chips in China.

    U.S.–China Trade War: A Temporary Truce?

    Last week, he reportedly met with US President Donald Trump. Chip sales to China have resumed at a time when trade tensions between Washington and Beijing have been decreasing. The US has removed limitations on chip design software companies that operate in China, while Beijing has loosened controls on exports of rare earth elements.

    The two largest economies in the world reached a 90-day truce in their tariff war in May. Top trade officials from both sides have since met several times, but there has been no confirmation of an agreement to prolong the tariff truce before the deadline of August 12.

    Quick
    Shots

    •Nvidia
    and AMD to give 15% of China semiconductor sales revenue to the U.S.
    government.

    •Part
    of an agreement to secure export licences for sales in China.

    •Agreement
    follows U.S.–China tech trade tensions and export restrictions.

  • Graas.ai Raises US$9M in pre-series B for Agentic Growth

    India, August 2025 – Graas.ai, a leading data-for-commerce specialist, today announced the successful completion of a strategic funding round raising over US$9 million. The round was led by Tin Men Capital, with participation from Incred Wealth, Orzon, and existing investors Integra Partners and Yuj Ventures.

    The investment will fuel the expansion of Graas.ai’s Agent Foundry in India, a playground for building agents that autonomously address the most pressing challenges in modern commerce, including rising customer acquisition costs, pricing optimization, margin erosion, and inventory mismanagement. Agent Foundry represents a major shift from traditional AI copilots and dashboards to actionable intelligence that can independently analyze real-time performance across sales channels, SKUs, and advertising campaigns, then execute decisions for both direct-to-consumer (D2C) and marketplace brands.

    Commenting on the development, Prem Bhatia, Co-founder and CEO of Graas.ai, said, “Commerce doesn’t need another AI copilot or prettier dashboard. It needs agents that actually ‘run’ the play. We’ve spent two years building the data backbone, and now with Agent Foundry, we’re helping brands act on it. This multi-agent framework lets us create bespoke agents solving commerce’s toughest problems. Despite the challenging fundraising climate, we’re grateful our investors share our vision for an agentic world.” 

    All agents are trained and forged within the Agent Foundry, Graas.ai’s proprietary environment where domain experts fine-tune agent behavior using real-world workflows, prompt chaining, and comprehensive evaluation suites. Each Graas.ai agent addresses distinct business needs:

    • hoppr serves as an in-house analyst, helping with SKU, GMV, and campaign performance analysis
    • Cartlyst operates as a B2B order specialist, utilizing advanced optical recognition technology to convert unstructured data, including handwritten lists, voice notes, and WhatsApp messages, into streamlined orders
    • Chattr functions as a customer support agent, using natural language processing to assist with sales conversion
    • Turbo brings together sales, advertising, inventory, and operations data in one unified view
    • Extract delivers cleaned data directly into Google Sheets or databases for data engineers.

    Commenting on the funding and Agent Foundry’s launch, Murli Ravi, Managing Partner at Tin Men Capital, said: “The end of cheap capital has resulted in brands focusing on sustainable growth without sacrificing margins. We backed Graas because they’ve built the data infrastructure and understand the context engineering required to build enterprise-grade agents for retailers.” 

    Jinesh Patel, Managing Partner at Integra Partners, added: “Integra backed Graas in 2022 when making data as the primary driver of decision-making was still a major challenge for most eCommerce brands. Today, as agent-led systems gain traction, Graas is uniquely positioned with the vertical data depth to lead this shift across SE Asia and India.”

     

    The global commerce technology market is experiencing rapid transformation, with businesses increasingly seeking automation solutions to maintain competitive advantage. Amidst this, the successful funding reflects strong investor trust in Graas.ai’s unique approach to commerce intelligence and positions the company for significant market expansion. Graas.ai maintains the highest standards of data security and compliance, holding certifications including SOC2, GDPR, PDPA, and ISO standards, ensuring enterprise clients can deploy the company’s solutions with confidence in their data protection and regulatory requirements.

    About Graas.AI

    Founded in 2022, headquartered in Singapore, Graas is an AI-native data and automation company built for eCommerce. Graas replaces fragmented dashboards, disconnected tools, and manual workflows with a modular stack of intelligent AI agents that observe, decide, and execute autonomously across 100 platforms including all marketplaces, D2C and ad platforms in India & Southeast Asia. Graas has processed over $1 billion in GMV, supports more than 2,000 brands, and operates across seven countries in India and SE Asia. Graas is co-founded by serial entrepreneurs and martech veterans, Prem Bhatia and Ashwin Puri.

    Graas is backed by several high profile investors, including Tin Men Capital, Incred Wealth, Integra Partners, Yuj Ventures, Galaxy (Kejora-led SPV), Performa (multi-billion European Asset Manager-led SPV), and angel investors from across SE Asia and India.  Graas operates under the holding company Solv Pte Ltd.

  • Elon Musk’s GPT-5 Warning To Microsoft Gets Satya’s Cool-As-Ice Reply

    Elon Musk, known for his boldness, is not holding back this time either. He was unapologetically honest about OpenAI’s GPT-5 and how it’s going to “eat” Microsoft “alive.” GPT-5 launched on August 7 and was already popular, but two big tech names sharing banter on the internet is another level of viral. We are talking about Tesla’s CEO, Elon Musk, and the Chairman and CEO of Microsoft, Satya Nadella.

    Satya Nadella took to the ‘X’ platform to share the GPT launch across all Microsoft products. Elon Musk soon reacted to the post with his candid comment. The internet, since then, has been divided into two sides discussing who is right and who isn’t.

    What Happened On The GPT-5 Launch Day?

    It was official on August 7 that GPT-5 was released for public use. Satya Nadella proudly announced the launch of GPT-5 on Microsoft products on his ‘X’ platform.

    He wrote, “Today, GPT-5 launches across our platforms, including Microsoft 365 Copilot, Copilot, GitHub Copilot, and Azure AI Foundry. It’s the most capable model yet from our partners at OpenAI, bringing powerful new advances in reasoning, coding, and chat, all trained on Azure…”

    To which Elon Musk replied with a warning saying, “OpenAI is going to eat Microsoft alive.”

    On a regular day, the post would have been ordinary, but it was Elon Musk’s comment that made it more debatable. Netizens were too quick to join in after Satya replied to Elon’s comment.

    Elon Musk Vs Satay Nadella Banter Continues…

    Satay Nadella classily replied, “People have been trying for 50 years, and that’s the fun of it! Each day, you learn something new, innovate, partner, and compete. Excited for Grok 4 on Azure and looking forward to Grok 5!”

    After all, Elon replies in the thread, saying, “Expect that Grok 4 heavy is still the most powerful AI. While all the back-and-forth debate was happening, the public enjoyed it with a digital popcorn in hand.

    The post garnered about 113,000 views, 1,500 likes, 88 comments, and 220 shares. To prove the point, Elon’s comment alone has about 935,800 views, 818 comments, 1000 shares, 5000 likes, and 377 saves.

    Final Thoughts

    With OpenAI seemingly getting more powerful, it will be interesting to see how the other tech giants (Microsoft, Google, and more) race in the game. Till then, stick with us with some more digital popcorn.

  • Infibeam Sells E-commerce tech to Rediff, Ends Up Owning 82% of Rediff. How?

    Infibeam Avenues (a renowned fintech and digital payments company) is selling one of its businesses (a part that handles ecommerce platform technology) to Rediff.com. Today (8 August), Infibeam Avenues Limited’s Board of Directors signed a Business Transfer Agreement (BTA) with Rediff.com India Limited. Unlike selling the tech in bits and pieces, Infibeam is taking the ‘slump sale’ road. Meaning they’ll be selling the tech as a whole. And the deal was closed at ₹800.39 Crores. Now, the agreement is prominent because even after selling the asset, Infibeam still holds a major stake in Rediff. Just like us, are you wondering why? Here’s how.

    Deal Value and Structure

    The deal amounts to a total of ₹800.39 Crores. Make no mistake, it’s a huge amount, but that’s not what gives Infibeam more power. Interestingly, ₹400 Crores is allocated to cash, and ₹400.39 Crores in Rediff’s shares (that is how Rediff will pay). The deal is a “slump sale,” and Infibeam Avenues will own a whopping 82% of Rediff. This keeps Infibeam in control. It’s so unusual for a company to sell an asset and still hold more power over the buyer long after the deal is closed.

    Why Infibeam Sold Transfer E-commerce Platform To Rediff

    Transfer E-commerce Platform generated revenue of ₹180.16 Crores last year (2024). Now this number is just 4.83% of Infibeam’s total income. And it’s made up of 18.58% of Infibeam’s total company value. Although the tool was valuable, it didn’t seem to add any great money to Infibeam. Plus, Infibeam wanted to focus more on payments (CCAvenue, which made ₹3,546 Crores in revenue last year) and AI tech (Phronetic.AI).

    That’s the reason why Infibeam had to let go of the Transfer E-commerce Platform. Rediff, on the other hand, gave away a great percentage of its shares to own the platform. And that brings us down to one question: why did Rediff invest heavily in this e-commerce tech?

    What Will Rediff Get Out of This Deal

    When making a deal (risking its shares), Rediff saw a bigger picture of becoming a stronger enterprise software and e-commerce platform. In other words, a high-end one-stop e-commerce solution for small and medium-sized companies. For that, Rediff is building a business suite called RediffOne. It offers better tools for everything, including online storefronts, payments, customer management, and analytics.

    Please note that if you hold any shares in Infibeam, there won’t be any changes for you. Check back with us for more updates on the same.