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Zomato’s Rapid Rise to Supreme Quick Commerce in India with Blinkit

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Even as quick commerce is slowly fading in many markets and several heavily-funded startups have folded in the past two years, India is emerging as a striking outlier where the model remains vibrant. Zomato’s Blinkit leads the quick commerce market in India, having cornered as much as 46% of the market share by GMV in the quarter that ended in December, according to a new analysis. Reliance Retail-backed Dunzo, which pioneered the quick commerce model in India, has virtually lost its entire market share. However, the long-term sustainability of the quick commerce model remains to be seen. Flipkart is weighing entering the quick commerce market by as early as May this year, TechCrunch reported last week.

Intuitive Machines’ Moon Lander Disaster Avoided through Sharp Reflexes and a Stroke of Good Fortune

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Using a small model of the lander, Altemus demonstrated how engineers believe the spacecraft, called Odysseus, made its descent given the most recent telemetry data. “The vehicle is stable near or at our intended landing site,” Altemus said. Part of the reason for that is because the onboard camera, an instrument called EagleCam, was powered down during landing. The company originally thought Odysseus was actually upright, but Altemus said that was based on “stale” telemetry data. Much of the mission’s success came down to very quick thinking by Intuitive Machines’ mission controllers — and just a stroke of very good luck.

“Unifying Google and Samsung: The Convergence of Nearby Share and Quick Share into One Comprehensive Cross-Platform Solution for Android”

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Google announced today at CES that it has collaborated with Samsung to combine their sharing solutions into a singular cross-Android solution under the Quick Share name. The new offering grows the network of devices that users can share content with across the Android ecosystem, including Chromebooks. Back in 2020, Google introduced Nearby Share to make it easy for users to share files across devices. Samsung also has its own similar capability called Quick Share. Google also announced that it is working with PC manufacturers like LG to expand Quick Share to Windows PCs as a pre-installed app.

Last Chance Gamer Goodies: Don’t Miss Out!

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But that also means that you have options for grabbing a last-minute gift for that gamer in your life! If they are over 35: Super Mario RPGIf your gamer is a nostalgic one (as those of us “of an age” often are), get them Nintendo’s latest nostalgia bait, the remake of Super Mario RPG. Like Super Mario RPG, some people feel a little weird paying full price for an old game, but getting it as a gift lets them dive in without a care. (PC, PlayStation, Xbox)If they have a friend they play with a lot: Remnant IIDoes your gamer have a buddy they reliably play with? It’s a lot of trends at once, sure, but it all fits really well together and is delightful start to finish.

A Concise Handbook for Promoting Ethical and Responsible Governance in Artificial Intelligence

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As AI applications continue to proliferate across industries, they hold the promise of revolutionizing customer experience, optimizing operational efficiency, and streamlining business processes. In recent years, concerns about ethical, fair, and responsible AI deployment have gained prominence, highlighting the necessity for strategic oversight throughout the AI life cycle. The rising tide of AI applications and ethical concernsThe proliferation of AI and ML applications has been a hallmark of recent technological advancement. AI governance has emerged as the cornerstone for responsible and trustworthy AI adoption. Strong ethical and risk-management frameworks are essential for navigating the complex landscape of AI applications.

“2024 IPO Window Poised to Gape Open with Boost from Cloud Stock Rally”

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As 2023 comes to a close, a critical cohort of tech companies has regained the value it lost after the summer rally, potentially setting the stage for a stronger IPO cycle in early 2024 than some may anticipate. Earlier this year, we saw three companies go public in quick succession: Arm, Instacart and Klaviyo‘s IPOs represented a liquidity peak, but they failed to inspire other tech companies to a rush towards the public market. The three companies had pretty good IPOs, too, but they mostly failed to make the sort of splash some had hoped for. Arm’s stock has performed well compared to its IPO price (trading at $71.30 per share today, up from its $51 list price), but Klaviyo and Instacart haven’t fared as well. Klaivyo’s shares are trading 24 cents above its IPO price, while Instacart’s stock is trading at about $5 less than its listing price this morning.