OpenAI launches new ‘GPT-4o’🪄
NeoFinity Launches NFC Tag, Zomato posts Rs 175 Cr PAT, Apple may hit Rs 1-lakh-cr, Funding Deals and more.
Greetings, dear readers!
"Stay away from what might have been and look at what will be."
- Marsha Petrie Sue
Today's quote by Marsha Petrie Sue reminds us to focus our energy on the present and the future rather than dwelling on the past.
It's a reminder to embrace opportunities for growth and transformation, letting go of regrets and missed chances.
Let's explore how this mindset shift can empower us to live more intentionally and create a future filled with promise and possibility.
Tech Updates
OpenAI launches new ‘GPT-4o’ AI model for all ChatGPT users
Sam Altman-run OpenAI on Monday launched 'GPT-4o' -- a new version of its GPT-4 model that can generate any combination of text, audio, and image outputs.GPT-4o’s text and image capabilities have been rolled out for all ChatGPT users. “We are making GPT-4o available in the free tier, and to Plus users with up to 5 times higher message limits,” the company said during a livestream.
NeoFinity Launches NFC Tag To Disrupt Contactless Digital Payments
The payment and fintech arm of Peak XV Partners-backed asset management company Neo Group, NeoFinity, has launched a new digital payments tag called ‘Neo Zap’ at just INR 49. Equipped with NFC (Near Field Communication) technology, the payment tag is a wearable sticker that can be easily attached to the back of a phone. The tag can be used to make payments with a simple tap on card machines, removing the requirement for physical cards or internet connectivity.
Zomato posts Rs 175 Cr PAT in Q4 FY24, revenue grows 8.3%
Foodtech and quick commerce platform Zomato on Monday released its financial results for the fourth quarter of the ongoing fiscal year (Q4 FY24). With the steady expansion, the company has witnessed around 27% increase in its profit along with marginal growth in revenue. Zomato’s revenue from operations grew 8.3% to Rs 3,562 crore in Q4 FY24. With this, Zomato’s overall revenue for the fiscal year ending March 2024 jumped 71% to Rs 12,114 crore from Rs 7,079 crore in FY23.
Apple may hit Rs 1-lakh-crore export mark in FY25
Apple has started FY25 with a bang in India with exports of India-made iPhones nearly doubling in April to $1.1 billion (Rs 9,000 crore) from $580 million a year ago.
Funding Deals
Piramal Alternatives on Monday announced a Rs 600 crore investment for an undisclosed stake in microfinance company Annapurna Finance.
Agri solutions provider Coromandel International Limited has acquired a 7% stake in drone manufacturing company Dhaksha Unmanned Systems Private Limited for Rs 150 crore.
B2B cross-border e-commerce platform BEYOBO has raised Rs 6.7 crore in its pre-Series A2 round that was oversubscribed by 300%. The round has been led by the Indian Angel Network and saw participation from the International Startup Foundation, SAN Angels along with angels and HNIs.
🪞Short Story: Embracing the Present
David had always been haunted by the "what ifs" of his past decisions.
But upon encountering Marsha Petrie Sue's words, he realized the futility of dwelling on the past.
Instead, he chose to focus on the opportunities that lay ahead, seizing each moment with renewed determination and optimism.
Tweet of the day🐥
As we navigate through life's twists and turns, let's remember to stay grounded in the present and look forward to the endless possibilities that await us.
Join us tomorrow as we continue our journey of self-discovery and empowerment with another inspiring quote.
Feel free to share it with someone who could use a little inspiration. Let's pass on the good vibes and make someone's day!
Thanks for reading till the end!
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