Ather Energy ❇️, RBI CBDC 🤔, Elon Musk Defamation 🚨

Catch up on the latest in tech, business and startups - all in 5 minutes. [Newsletter Banner] Daily News Roundup Welcome to the NextBigWhat Daily News! Today's headlines include Ather Energy's latest investment, RBI Governor's CBDC advocacy, and Elon Musk's defamation suit. 🤔 💰 🔎 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( PM Modi Discusses AI Opportunities in India with Nvidia CEO, Jensen Huang - Prime Minister Modi had a conversation with Nvidia CEO, Jensen Huang, about the potential India possesses in the field of Artificial Intelligence. - Mr. Huang acknowledged India’s progress in this sector and praised Indian youth’s talent. - Nvidia, despite recent international export restrictions affecting AI chips, continues to perform well with $13.51 billion revenue in Q2. Ather Energy Secures Rs 550 Cr Investment from Hero MotoCorp via Right Issue - Hero MotoCorp, an existing investor, to contribute additional Rs 550 Cr via Series E2 compulsory convertible preference shares. - Ather Energy was headed towards unicorn status in EV sector, after being valued at $750 million during a $50 million funding round last year. - Despite operational revenue surging to Rs 1806.1 crore in FY23 for Ather, its losses also reportedly rose by 151.2% to Rs 864.5 crore. Annie Duke on Poker, Probabilities, and How We Make Decisions | Podcast Summary [NBW Newsletter Ad]( SAVE TIME. GET KEY IDEAS FROM THE PODCAST ON ATOMICIDEAS For Annie Duke, the poker table is a perfect laboratory to study human decision-making — including her own. [Get it]( RBI Governor Advocates CBDC Adoption for Efficient Cross-Border Payments - Reserve Bank of India (RBI) Governor iterates that adopting Central Bank Digital Currency (CBDC) can enhance the efficiency of cross-border payments. - India has initiated CBDC or e-rupee pilots in both wholesale and retail segments, and the RBI is gradually expanding these to broader sectors. - Governor Das pointed out that CBDCs’ instant settlement feature could make cross-border payments cheaper, faster, and more secure. Elon Musk Contests ADL Accusations of Antisemitism with Defamation Suit - Elon Musk threatens lawsuit against the Anti-Defamation League (ADL) for false antisemitism claims towards him and X (Twitter). - Musk blames ADL for reducing US advertising earnings by pushing advertisers away from X. - Despite antisemitism and hate speech issues on X, Musk defends the platform claiming pro-free speech stance. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( Facebook Might Launch Paid Ad-Free Plans in Europe - Meta, Facebook’s parent company, is considering adding a paid subscription service to Instagram and Facebook for European users, in response to EU regulations diminishing its data-collection methods. - Europe accounts for 10% of Meta’s total advertising revenue. - Meta previously faced fines in the EU for data privacy breaches, including a €1.2 billion fine for moving EU citizen data to US-based servers and a €265 million fine for failing to prevent data scraping. Apple Defends Developer Response to Vision Pro Amid Sparse Workshop Attendance - Apple downplays rumors of low developer enthusiasm for Vision Pro due to poor attendance at its workshops. - The US workshops were criticized for location inconvenience and Apple claims the attendees were nonetheless satisfied. - Despite mixed developer sentiments, the number of Vision Pro SDK downloads has exceeded Apple’s expectations. Lab-Made Neurons Implanted in Parkinson’s Patients: Biotech Company - California’s BlueRock Therapeutics, a Bayer subsidiary, successfully implanted lab-made neurons in 12 Parkinson’s patients to stimulate dopamine, signalling a possible breakthrough in fighting the disease. - Although the study states it’s too early to know if the neurons are repairing patients’ brains, early results show increased dopamine and lower patient ‘off time’. - BlueRock is preparing for Phase 2 trials, lending credibility to the potentially transformative regenerative technology in the fight against Parkinson’s disease. Shah Rukh Khan and Deepika Padukone’s ‘Jawan’ sells over 750,000 advance tickets on BookMyShow - Cities including Mumbai, Delhi-NCR, Bhubaneswar, Pune, and Kochi lead in the advance ticket bookings. - Enthusiastic support noted for Tamil and Telugu versions, with Hindi version leading. - Apart from SRK, the film’s all aspects have strong South Indian influence, enhancing nationwide appeal. OpenAI introduces Canva plugin for ChatGPT, simplifying design process - OpenAI added a Canva plugin to its ChatGPT bot, available in the ‘ChatGPT plugin store’. - The plugin allows users to generate visuals like logos and banners effortlessly. - To use it, users need to install the Canva plugin from the store, and select ‘Canva’ under the plugin section in ChatGPT’s main window. Apple to Unveil iPhone 15 in India Simultaneously with Global Launch - Apple is set for a simultaneous release of its iPhone 15 in India and globally from its Chennai unit. - The aim is to minimize the time difference between the Indian launch and the global release. - The technology giant is also planning to start exporting the India-made iPhone 15 series devices from December 2023. Generative AI Not Yet Suitable for Healthcare Sector, Says Google’s Chief Health Officer - Chief Health Officer at Google, Dr. Karen DeSalvo, stated that Generative AI is still undergoing early research and isn’t ready for implementation in healthcare. - DeSalvo highlighted the importance of compatibility with privacy, cybersecurity, and global regulatory standards, as well as patient protection. - She also emphasized on the importance of other technologies like data analytics systems, and maintaining transparency on how patient information is being used. TUC taskforce to study AI’s impact on workers’ rights - Gina Neff, a tech expert at Cambridge, co-chairs the TUC taskforce addressing AI risks in the workplace. - The taskforce, launching next week, aims to formulate groundbreaking legislation to safeguard workers from AI misuse. - Rapid developments in generative AI have resulted in rising concerns about privacy infringement, work intensification and potential discrimination. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](