Skip to main content

Paytm CEO Vijay Shekhar Sharma Declares End of Cash Burn Ahead of Firm's Plans to Turn Cash Flow Positive | Technology News

Paytm CEO Vijay Shekhar Sharma Declares End of Cash Burn Ahead of Firm's Plans to Turn Cash Flow Positive Paytm on Wednesday announced that the company would turn off its cash burn, while the company's founder revealed that the payments firm was "far ahead" on re-setting its strategy. Softbank-backed Paytm said last month that it plans to become free cash flow positive in the next 12-18 months.

Comments

Popular posts from this blog

Microsoft Muse AI Model Unveiled; Can Generate Game Visuals and Controller Actions | Technology News

Microsoft Muse AI Model Unveiled; Can Generate Game Visuals and Controller Actions Microsoft researchers introduced a new artificial intelligence (AI) model on Wednesday that can generate 3D gameplay environments. Dubbed the World and Human Action Model (WHAM) or Muse, the new AI model was developed by the tech giant’s Research Game Intelligence and Teachable AI Experiences (Tai X) teams in collaboration with Xbox Games Studios’ Ninja Theory.

OpenAI Releases Two Open-Source AI Models That Performs on Par With o3, o3-Mini | Technology News

OpenAI Releases Two Open-Source AI Models That Performs on Par With o3, o3-Mini OpenAI released two open-source artificial intelligence (AI) models on Tuesday. This marks the San Francisco-based AI firm’s first contribution to the open community since 2019, when GPT-2 was released in open-source. The two new models, dubbed gpt-oss-120b and gpt-oss-20b, are said to offer comparable performance as the o3 and o3-mini models.