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Top News of the Day: 1. Apple may unveil long-anticipated overhaul of iPhone SE as early as next week 2. Amazon, echoing Microsoft, says it can’t keep up with AI demand 3. Jesse Eisenberg, who portrayed Mark Zuckerberg in "The Social Network," reflects on how Zuckerberg evolved from a righteous figure to one obsessed with power. 4. Cerebras Systems partnered with France's Mistral to achieve a speed record in AI technology. Mistral's new app, Le Chat, can deliver responses at 1,000 words per second, claiming the title of the fastest AI assistant ahead of OpenAI and DeepSeek 5. ITC Ltd plans to acquire frozen food companies Ample Foods Pvt. Ltd and Meat and Spice Pvt. Ltd, aiming to enhance its product portfolio in the rapidly growing frozen and ready-to-cook food market. 6. Cognida.AI, an AI solutions provider for enterprises, secured $15 million in funding led by Nexus Venture Partners. 7. Livspace, a home decor startup, is restructuring its leadership in preparation for its IPO. Co-founder Anuj Srivastava moves from CEO to chairman, while Ramakant Sharma takes over as CEO. 8. Education-focused non-banking financial corporation (NBFC) Auxilo has raised Rs 50 crore in debt from Motilal Oswal. 9. Bengaluru-based caregiving-tech startup LegUp, which has introduced a platform to bridge the gaps between modern families and trusted caregivers, has secured pre-seed funding of Rs 2 crore ($250K) from Bluebridge Capital Private Limited. 10. Ola Electric losses surge 50% to Rs 564 Cr in Q3 FY25, revenue declines 11. Bill Gates criticises Elon Musk over USAID shutdown plans and political endorsements 12. Meta is embroiled in a copyright case after allegedly using pirated books to train its AI models. 13. OpenAI Co-founder John Schulman leaves rival AI firm Anthropic 14. Infosys is laying off 400 trainees in Mysuru who failed three consecutive internal evaluation tests, as part of a process in place for over two decades 15. PhonePe Group on Friday announced its decision to exit the Account Aggregator business and instead partner with other account aggregators in the market. 16. Droom is set to raise Rs 1,000 crore through an initial public offering (IPO) at a valuation of $1.2 to $1.5 billion. However, the company’s financial health has declined, with its revenue from operations nosediving by two-thirds in the last fiscal year. 17. The Indian rupee experienced its worst week in over two years, despite strengthening slightly on Friday. It declined nearly 1% over the week, hitting a lifetime low past 87 against the U.S. dollar. 18. Former Airtel global CEO Vani Venkatesh joins Delhivery as chief business officer 19. Delhivery’s revenue from operations grew to Rs 2,378 crore in Q3 FY25, according to its financial statements filed with the National Stock Exchange. Stay Updated. Stay Informed. Stay Ahead. Share the Medial App with your network, colleagues, and friends. Let's brainstorm, discuss together and help each other achieve our goals. And don't forget to rate us on the iOS App Store and Google Play Store to help us reach even more amazing people like you.