PhonePe investing $200M in building data centres in India

Amid a surge in payments volume in the country, payments giant PhonePe said that it is on its way to invest up to $200 million in building data centres across the country. The company said the startup’s investments were primarily driven by the regulatory insistence on data localisation, among other factors. It was beneficial for the company to invest in captive data centres given the data localisation mandate from the regulators.

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Google fined CCI penalty of Rs 937.44 crore ($114M); its second penalty in India in a couple months

October 27, 2022

Google has been fined a second penalty of Rs 937.44 crore in India in the span of weeks after the company was accused of abusing its dominant position in the market. Google responded to the penalty by stating that “Indian developers have benefited from the technology, security, consumer protections, and unrivaled choice and flexibility that Android and Google Play provide.

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Meta Releases Lying, Offensive AI and Pretends to Be Surprised

November 23, 2022

Like trouble, bad behavior by Meta shows up whether you look for it or not.  The latest is an open-source language model that was supposed to provide reliable search results because it was trained on academic papers.  Alas, it was quickly withdrawn after reviewers found that it returned results that were grammatical and plausible but also incorrect, not to mention filled with “antisemitism, homophobia, and misogyny.”  How can this be a surprise?

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