At a time when CRM giant Salesforce has been slashing jobs and cutting down on its real estate footprint globally in a bid to prune costs by $3-5 billion, it is beefing up its India presence with a chunk of it happening in Hyderabad.
Venture capital activity around climate tech has been heating up in Africa despite the global VC funding cooldown. The continent’s climate tech startups secured over $860 million in equity funding, largely driven by clean energy technologies, representing 3.5x growth amid macroeconomic headwinds last year, data shows, making climate Africa’s most funded sector after fintech.
Gupshup a cloud messaging and conversational experiences platform, sees many micro, small and medium-sized companies (MSMEs) resorting to chatbots in the years to come for having a digital presence in India, which is the largest market for the company that achieved a billion-dollar valuation in April 2021. A rapidly digitising corporate India that cannot afford the archaic infrastructure and understands the importance of innovative and stable technology is an enormous opportunity for Gupshup.
“Ask Meta AI anything” is what you now see instead of the traditional search bar across Meta apps such as Facebook and Instagram. Meta AI will still perform the basic search function but will also answer questions and chat with you. It should hardly be a surprise when a tech company launches a genAI solution these days but this is a bold challenge to Google and Open.ai (it’s also available as a standalone tool at Meta.ai).