Tata 1mg’s revenue up to Rs 1968 Cr💉
IISc-Art Park to open source 16000 hours of speech data, India has potential to become intelligence capital, Microsoft ditches OpenAI, Funding Deals and more.
Good morning and welcome to Thursday’s edition of Rise & Shine!
“We are what we repeatedly do. Excellence, then, is not an act, but a habit.”
— Aristotle
Today’s quote emphasizes the power of habits in shaping our lives.
Consistently practicing good habits leads to excellence, making success a natural outcome of our daily actions.
Tech Updates
Tata 1mg’s FY24 operating revenue up 21% to Rs 1,968 crore
Tata 1mg reported a 21% year-on-year increase in operating revenue to Rs 1,968 crore for 2023-24, buoyed by an increase in market share in the online medicines segment. The Tata Digital-owned e-pharmacy’s net loss plummeted to Rs 313 crore from Rs 1,255 crore in the previous financial year.
IISc-Art Park to open source 16,000 hours of speech data for AI models
Indian Institute of Science’s AI and Robotics Technology Park (IISc-Art Park) plans to open-source 16,000 hours of spontaneous speech from 80 districts as part of Project Vaani in collaboration with Google. The idea is to use this dataset as base data or training data for speech-to-text AI models, especially when many foundation models can be further trained for specific use cases.
India has potential to become intelligence capital of the world
India has the potential to become an intelligence capital of the world powered by accelerated computing and its skilled manpower, said Vishal Dhupar, managing director for South Asia at Nvidia.
Microsoft ditches OpenAI board observer seat amid regulatory scrutiny
Microsoft has given up its seat as a board observer at OpenAI, which has attracted regulatory attention in both the UK and the US, citing the AI startup's marked governance improvements over the last eight months.
Funding Deals
Consumer electronics maker Circuit House Technologies, started by former Xiaomi India chief business officer (CBO) Raghu Reddy, has raised $4.3 million in a funding round led by Stellaris Venture Partners and 3one4 Capital.
🎸 Short Story: The Diligent Musician
Mark was a budding guitarist with dreams of becoming a professional musician.
Every day, he dedicated an hour to practice, no matter how busy he was. Over time, this daily habit honed his skills, turning him into a remarkable musician.
His friends often marveled at his talent, calling him a natural. But Mark knew the truth: his excellence resulted from consistent practice and dedication.
He understood that it was his daily commitment that made him stand out.
Tweet of the day🐥
Today, take a moment to reflect on the habits you cultivate.
Remember Aristotle’s insight that excellence is a product of repeated actions.
By nurturing positive habits, you pave the way for sustained success.
Rise & Shine is here to inspire and remind you of the power within you to create a fulfilling life through daily positive actions.
Have an excellent Thursday, and keep building those habits!
Thanks for reading till the end!