Ola ONDC 🤝, India Aerospace 🛩️, Tesla Price Cut 💰

Catch up on the latest in tech, business and startups - all in 5 minutes. [Newsletter Banner] Daily News Roundup Welcome to today's edition of the NextBigWhat Daily News! Today's top stories include Ola’s consideration in ONDC, India as a global aerospace hub, and Tesla price reductions. 🚗 🛩️ 💰 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( Elon Musk’s X plans to utilize public data for AI training - X will leverage user data and publicly available information to enhance machine learning models. - The company stated that only public, not private, data will be collected and used in AI training. - Precise intentions on how data will be used remain unclear, though potential stated uses include a new project, xAI, or an updated version of an employment site. ONDC August Highlights: Ola’s Consideration, PepsiCo’s Inclusion, and Merchant Growth - Ola is considering joining the Open Network for Digital Commerce (ONDC), while PepsiCo has already joined the network in August. - ONDC witnessed a significant growth with 150,000 merchants on the platform, more than 50,000 restaurants, and orders placed from over 620 cities. - ONDC released draft specifications for financial services and plans to target tier 2 and tier 3 cities in its next phase. Mistakes Were Made (but Not By Me) | Carol Tavris & Elliot Aronson (Book Summary) [NBW Newsletter Ad]( SAVE TIME. GET KEY IDEAS FROM THE BOOK ON ATOMICIDEAS Social psychologists Carol Tavris and Elliot Aronson take a compelling look into how the brain is wired for self-justification. The summary concludes with a discussion of how we can live with dissonance, learn from it, and perhaps, eventually, forgive ourselves. [Get it]( India Proclaimed the New Hub for Global Aerospace Manufacturing - India, with its expanding market and talent pool, offers a golden opportunity for aerospace manufacturing, notes Civil Aviation Minister, Jyotiraditya Scindia. - Several global companies have already established a strong presence in India, including Safran, Boeing, and GMR. - Scindia also assures support to potential investors, emphasizing that India’s human resource is the world’s greatest wealth. AI Researcher Fights for AI-Created Art Copyright - Stephen Thaler’s AI, DABUS, he argues, is sentient and thus its art should be copyrightable. - US courts reaffirm that copyright requires human authorship, discrediting Thaler’s claim. - Thaler and his legal ally await a UK Supreme Court ruling on patents attributed to DABUS. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( Tesla Reduces Global Price of Model S and X by up to 20% and Qualifies for US Tax Incentive - The Model S and X prices are cut by 15-19%, with the base price now at $74,990 and $79,990, respectively. - The Model X now qualifies for a tax credit under the Inflation Reduction Act, making it cheaper than Model S for certain income earners. - The price cut has sparked concerns among existing Tesla owners due to a decrease in resale prices. Microsoft Releases New 1TB Xbox Series S in Carbon Black - Microsoft launches a new version of the digital-only Xbox Series S in Carbon Black, doubling the storage capacity to 1TB. - At $350, the new console ships with an Xbox Wireless Controller and boasts an eco-friendly design using post-consumer recycled resins. - The Series S is designed for lower resolutions but is a more affordable alternative to the Series X, which is focused on 4K gaming. Bumble CEO Believes AI Can Enhance Dating and Boost Business - Whitney Wolfe Herd, Bumble CEO, believes AI, particularly chatbots, can revolutionize dating by assisting online daters with improving their flirting. - She also suggests that AI can help dating apps generate more revenue by serving re-engaged users better. - As dating apps, including Bumble, integrate more AI features, Herd emphasizes that real love and human connection cannot be replaced by AI. Google Photos Prepares for Ultra HDR Support for Android 14 - New evidence shows that the latest Google Photos version is preparing for Ultra HDR support on Android 14. - The Ultra HDR will provide users with more vibrant and high-contrast photos. - The stable launch of Android 14 and the widespread availability of Ultra HDR support are still anticipated as Google recently released Android 14 Beta 5.2 for testing. Meta Considers Ad-Free Subscription Option for EU to Comply with Regulations - To handle regulations that demand more transparency in its targeted advertising practices, Meta plans to offer an ad-free subscription to its European Union users. - This move is aimed to comply with the EU’s Digital Services Act and in response to major fines received for disregarding data transfer rules. - These changes also align with other tech companies scrambling to meet the EU’s increased ad transparency requirements. Zomato launches Zomato AI chatbot for Gold members - Zomato AI aims to cater to users’ preferences and dietary needs, offering personalization and culinary recommendations. One of the key features of Zomato AI is its multiple-agent framework, which provides diverse prompts for various tasks. - The AI assists users in finding specific dishes from restaurants and suggests popular dishes or restaurants. Khatabook Lays Off Employees in Multiple Departments Amid Cost-cutting Measures - The Bangalore-based fintech Khatabook conducted a fresh round of layoffs targeting engineering, product, and marketing roles. - This marks the third or fourth round of downsizing in a bid to achieve profitability, amid the company’s rising costs. - Employees received three-month salary as severance, extended ESOP vesting, and insurance continuation. UK Cyber Security Centre Warns of Potential AI Chatbot Risks - Britain’s National Cyber Security Centre (NCSC) warns that AI chatbots could be tricked into malicious actions. - AI chatbots, or large language models (LLMs), are being integrated into businesses, potentially impacting areas like customer care and sales. - Security implications of AI are still emerging, with reports of hackers utilizing the technology in the US and Canada. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](