Sberbank, Russia's largest bank, is taking on OpenAI's successful ChatGPT with GigaChat, an invitation-only AI-powered chatbot specially created for the Russian market. With its ability to understand Russian, GigaChat is set to revolutionize the ways in which users can communicate intelligently in Russia. Driven by President Vladimir Putin's mission to create more technological independence, GigaChat has become a major breakthrough in AI innovation.
SanKash, a leading Indian travel fintech, recently announced an UPTO of 400,000 registrations for the revered Char Dham Yatra across the country.Most of the travellers were primarily millennials, who were either gifting their family or themselves this incredible spiritual experience. With an increase of 35-40% since last year, many registration came from Delhi, Punjab, Gujarat, Maharashtra and Karnataka.SanKash facilitated over 100,000 bookings with its proprietary AI & ML powered logic engine and BNPL facilities, enabling travelers to pay in installments at no extra cost.
Autotech Ventures, a mobility-focused VC firm, is bolstering its resources with a third fund of $230M, investing in new areas such as fintech, logistics and the circular economy. The fund is backed by both financiers and American companies like Allison Transmission, Shell, etc. Managing Director Alexei Andreev is focused on SaaS-enabled fintech, ecofriendly solutions and AI investments. Five of the investments have already gone public.
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