OpenAI takes on Google with SearchGPT🤖

Jul 26, 2024

Good morning and welcome to Friday’s edition of Rise & Shine!

“In order to be irreplaceable one must always be different.”
— Coco Chanel

Today’s quote highlights the value of embracing our unique qualities to stand out and make a lasting impact.

Chanel’s insightful words remind us that our individuality is our greatest asset.

OpenAI takes on Google, with new AI-powered search engine ‘SearchGPT’

Sam Altman's startup OpenAI has finally unveiled a search engine competitor to Google called SearchGPT. The new feature is currently in 'prototype' stage and is only available via a waiting list, but is expected to be rolled out to all users in the future.

Elon Musk to discuss $5 billion xAI investment with Tesla board

Tesla CEO Elon Musk said on Thursday he and the board of the electric vehicle company will discuss making a $5 billion investment in his artificial intelligence startup xAI, fueling concerns about a conflict of interest. Musk, the world's richest person, launched xAI last year in a bid to compete with Microsoft-backed OpenAI.

Emami set to acquire 100% stake in The Man Company

Fast moving consumer goods company Emami is set to acquire 100% stake in men’s grooming brand The Man company. While the group has backed several companies in the direct to consumer segment, this would be the first complete acquisition by the group in the D2C space.

Insurtech startup Covrzy gets broking license from IRDAI

Bengaluru-based insurtech startup Covrzy has been granted a direct broking (general) license by Insurance Regulatory and Development Authority of India (IRDAI). This enables Covrzy to operate as a direct insurance broker in India, offering a full spectrum of business insurance solutions.

Nasher Miles, a digital-first luggage brand, has raised $4 million in its bridge round to Series A from Singularity Early Opportunities Fund, Narendra Rathi (SoftBank Vision Fund), Sulabh Arya (Goldman Sachs Growth Equity) and Mohit Goyal (CVC Capital Partners) amongst others.
Wealth and asset management firm Neo has raised Rs 32 crore (nearly $4 million) via private placement. Morde Foods invested Rs 20 crore while SN Damani Developers and Bridgemonte Advisors pumped in Rs 10 crore and Rs 2 crore respectively.
Thyrocare, a diagnostic and preventive healthcare service provider, has acquired the pathology diagnostic business of Polo Labs.Emami set to acquire 100% stake in The Man Company
Bollywood actress Preity Zinta and Indian cricketer Shubman Gill have joined as co-founders of member-based gym facility DRIVE FITT to empower the Indian fitness market.

✨ Short Story: Embracing Uniqueness

Jasmine, a graphic designer, noticed that her industry was saturated with similar styles and trends.

Instead of following the crowd, she decided to incorporate her love for abstract art into her work.

Initially met with skepticism, her unique approach soon caught the eye of major clients.

By staying true to her distinct style, Jasmine carved out a niche for herself, proving that being different can lead to unparalleled success.

Today, embrace your uniqueness and let it shine through in everything you do.

Remember, it’s your distinct qualities that make you irreplaceable.

Rise & Shine is here to encourage you to celebrate your individuality and confidently stand out from the crowd.

Have a remarkable Friday, and let your uniqueness lead you to new heights!

Thanks for reading till the end!

Rise & Shine ☀