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Top News of the Day: 1. Cloud kitchen unicorn Rebel Foods is making a foray into the 15-minute food delivery segment to compete with foodtech giants like Zomato and Swiggy. 2. Reddit reported slower user growth in the fourth quarter due to changes in Google's algorithm impacting traffic, highlighting Reddit's dependence on the search giant. 3. Former Google CEO Eric Schmidt warns of potential AI misuse by rogue states, highlighting a "Bin Laden scenario" where AI could harm innocents. 4. Amid booming AI adoption in the country, ChatGPT developer OpenAI is reportedly in initial discussions to set up data centre operations in India. 5. upGrad Enterprise, the corporate skilling division of edtech unicorn upGrad, has announced an expansion of its leadership team with key appointments of Neeraj Gera in India and Neha Prasad Mullick in North America. 6. Haldiram's and JITO Incubation and Innovation Foundation invested Rs 16 crore in Almonds Ai, a company offering channel loyalty and engagement solutions. 7. Sachin Bansal quits as CEO of Navi; new chiefs appointed for Navi Tech and Finserv 8. EaseMyTrip posts Rs 150 Cr revenue in Q3 FY25; profit declines 9. Ranveer Allahbadia’s Monk-E nears Rs 100 Cr revenue in FY24, profit jumps 59% 10. Surgery-focused healthcare institution Pristyn Care has opened its first super-specialty hospital in South Delhi. 11. India’s wearable device market saw its first annual decline, with total shipments dropping 11.3% year-on-year to 119.0 million units, according to IDC’s India Monthly Wearable Device Tracker. 12. Telehealth platform Truemeds saw rapid growth, surpassing Rs 300 crore in gross revenue for the fiscal year ending March 2024. 13. Raincheck Earth Co., the maker of alcoholic beverage startup Cherrapunji Craft Gin, has raised $1.2 Mn in pre-Series A round from Japanese investors. 14. EnCharge AI has secured over $100 million in Series B funding led by Tiger Global to innovate AI inference chips. 15. Nazara’s operating revenue increased % to Rs 535 crore in Q3 FY25 from Rs 320 crore in Q3 FY24, its unaudited consolidated financial statement. 16. Ola Consumer achieved profitability in its mobility and financial services segments for the fiscal year ending March 2024. 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.