Enter Worldcoin, a new cryptocurrency project by OpenAI CEO Sam Altman, which will offer a ‘World ID’—a “digital passport” to prove its holder is a real human, not an AI bot. With AI chatbots taking over the internet, this could be the next big thing.
Hello, A new version of the iconic “Are you a robot?” prompt but make it AI. It is the year of artificial intelligence, after all. Enter Worldcoin, a new cryptocurrency project by OpenAI CEO Sam Altman, which will offer a ‘World ID’—a “digital passport” to prove its holder is a real human, not an AI bot. With AI chatbots taking over the internet, this could be the next big thing. Closer home, BYJU’S has reportedly reached a tentative agreement to renegotiate its loan pact with lenders that collectively own more than 85% of its $1.2-billion term loan B (TLB).
The edtech firm and its lenders have agreed to collaboratively finalise a term loan amendment before August 3. Meanwhile, fintech startups saw a massive drop of 67% in funding in the first half of 2023, raising a total of just $1.4 billion, down from $4.3 billion raised in the same period last year. This is even as India kept its position as the third-highest funded fintech industry after the US and UK. Incidentally, fintech also remained the highest funded sector in the country. Lastly, Elon Musk has killed off the iconic blue bird of Twitter, replacing it with the ‘X’ logo as part of his plan for a super app.
Indian MSMEs are keen to onboard the digital bandwagon but many find it challenging to take the first step. Salesforce, the global CRM software company, wants to address this challenge by providing a simple solution that offers multiple functionalities. It is targeting MSMEs with its Starter app as it aims to keep technology simple to use while having all the advanced digital capabilities. New tools: The Salesforce “Starter” solution addresses the needs of MSME businesses by offering them a single platform to handle sales, services, and email outreach functions. Its app offers tools with AI, data, and CRM capabilities.
“The idea was to bring one integrated solution where literally one could be up and running in 30 minutes and the business owner can pretty much go through the clicks and set up the whole thing with a simple UI, Even a small conversion from the millions of MSMEs will mean a big number. However, it will not be that easy as there are a host of other technology companies that provide a lot of point solutions.
