Musk Hints At Gmail Rival📩
Ola to go live on ONDC, Airbus leases 650,000 sq ft office in BLR, Nvidia CEO is third-highest net worth gainer, Funding Deals and more.
Good morning and welcome to Tuesday’s edition of Rise & Shine!
"Do not go where the path may lead, go instead where there is no path and leave a trail. Greatness lies in creating something unique and bold."
— Ralph Waldo Emerson
Emerson’s timeless words challenge us to embrace creativity and forge our paths. True greatness lies not in following, but in daring to lead and innovate.
Following the crowd may feel safe, but it’s in carving out our paths that we find innovation, fulfillment, and the potential to leave a lasting impact on the world.
Tech Updates
Elon Musk Hints At Possible Gmail Rival, Xmail
Elon Musk does not shy away from new ideas, and he’s got users talking after hinting at something big. It all began with a casual tweet from a user on X who wrote, “Xmail would be cool.” And, as expected, Musk replied nonchalantly: “Yeah, on the list of things to do.”
Ola to go live soon on ONDC in F&B category
Ride-hailing firm Ola will go pan-India soon on the government-backed Open Network for Digital Commerce (ONDC) in the food and beverage (F&B) category, ONDC chief executive T Koshy told reporters on Monday.
Airbus leases 650,000 sq ft office in Bengaluru for 10 years for GCC
Global aerospace and defence industry major Airbus has picked up over 650,000 sq ft office space in a commercial tower at Bengaluru’s Whitefield on a 10-year lease to set up its global capability centre (GCC), supporting innovation and technology development-related strategic initiatives worldwide. The deal includes a scalability provision allowing for an additional 150,000 sq ft of space after one year, bringing the total area to 800,000 sq ft.
Nvidia’s Jensen Huang is the third-highest net worth gainer, after Elon Musk and Mark Zuckerberg in 2024
Nvidia's rise as one of the most valued tech companies in the world has given its CEO ample reasons to cheer in 2024. The chipmaking company's market share for AI chips was nearly 90 percent as of June 2024, according to Bloomberg. It is the third most valuable company in the world after Apple and Microsoft. Huang has added $76 billion to his net worth since the beginning of 2024, bringing his total net worth to $117 billion.
Funding Deals
Nuvama Wealth & Investment Limited, formerly known as Edelweiss Securities, has purchased shares worth ₹100 crore in Oravel Stays Limited, the parent company of OYO, at a price of ₹53 per share through a secondary market deal.
AI meeting assistant for wealth management firm Mili has raised $2 million in its seed round led by Chiratae and BoldCap with participating investors Sparrow Capital, SFMG Wealth Advisors, Gregg Fisher (Quent Capital), and Better Capital.
Nazara Technologies Limited has acquired 1,000 equity shares of Next Wave Multimedia and increased its equity holding in the latter to 74.88% from 71.88%. The company has paid Rs 2.3 crore as the first tranche and will discharge the balance amount in due course.
💡 Short Story: The Visionary Innovator
Aryan, a software engineer, was offered a secure corporate job but dreamed of creating a unique educational app for children. His friends urged him to take the safe route, but Emerson’s words motivated him to follow his vision.
Despite the risks, Aryan poured his heart into his project. The app became a game-changer in the industry, praised for its creativity and impact. Aryan’s journey proved that forging a new path can lead to remarkable achievements.
Tweet of the day🐥
Today, reflect on the paths you’ve been following and consider where you might create your own.
Rise & Shine encourages you to embrace boldness, innovate, and leave your unique mark on the world.
Have a trailblazing and creative Tuesday!
Thanks for reading till the end!