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Billionaire Flipkart founder ready to...

Billionaire Binny Bansal is launching an...

Amazon: Amazon plans to hire...

NEW YORK: Amazon said it plans...

Billionaire Flipkart founder ready to launch stealth AI startup

Billionaire Binny Bansal is launching an AI-as-a-service startup that will target global customers, expanding to the fast-growing segment after making a fortune in Indian e-commerce.Bansal, who co-founded online retailer Flipkart and sold it to WalmartInc, has hired 15 experts for the venture — mostly artificial intelligence scientists — and plans to quickly add more, according to people familiar with the matter.He wants to offer AI talent, products and services to corporate customers, emulating the business model of outsourcing providers like Tata Consultancy Services Ltd. and Infosys Ltd., the...
Karl Jörg -
Business Profiles

Billionaire Flipkart founder...

Billionaire Binny Bansal is launching an AI-as-a-service startup that will target global customers, expanding to the fast-growing segment after making a fortune in...
Karl Jörg -
Business Profiles

Amazon: Amazon plans...

NEW YORK: Amazon said it plans to add 250,000 US workers for the holiday shopping season, 67% more than the number of people...
Karl Jörg -
Business Profiles

KKR to invest...

Global investment firm KKR & Co will invest an additional 20.69 billion rupees ($249.19 million) in Indian billionaire Mukesh Ambani’s rapidly expanding retail...
Karl Jörg -
Business Profiles

Walmart invests $3.5...

NEW DELHI: Walmart has spent $3.5 billion this year to increase its stake in Indian business Flipkart to 80.5%, underlining the aggressive bets...
Karl Jörg -
Business Profiles

‘Room for more...

BENGALURU: Walmart's PhonePe is setting the pitch for an aggressive play. On Wednesday, the fintech major announced its foray into the stock broking...
Karl Jörg -
Business Profiles

Amazon move to...

NEW DELHI: Amazon's move to withdraw 27 of its 30 private labels in the US couldn't have come at a worse time for...
Karl Jörg -
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