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Top News of the day: 1. Microsoft is reportedly set to host Elon Musk's Grok AI model on its Azure cloud, following discussions with Musk's AI startup, xAI. 2. AmpIn Energy Transition Pvt. Ltd (AEPTL), a green energy firm, plans to move a significant portion of its assets into an infrastructure investment trust (InvIT). 3. Swiggy's 10-minute food delivery service, Bolt, has expanded to over 500 cities in India within six months of its launch. 4. Oyo Hotels has postponed its plans for an India IPO, originally slated for October, due to early investor SoftBank's concerns about the company's earnings strength, according to Bloomberg. 5. TikTok was fined 530 million euros by the EU's privacy regulator due to concerns about user data protection and compliance with EU standards. 6. Ola Electric issued a clarification through a stock exchange filing, stating that the trades referred to were routine transactions involving shares acquired through exercising these ESOPs and not through the open market purchase. 7. Dialysis service provider NephroPlus reported a 29% year-on-year increase in operating revenue for the fiscal year ending March 2024. 8. Neobanking platform Kaleidofin raises $5.3 Mn led by IDH Farmfit FundWhatsApp has surpassed 3 billion monthly users, as announced by Meta CEO Mark Zuckerberg 9. WhatsApp has surpassed 3 billion monthly users, as announced by Meta CEO Mark Zuckerberg 10. Sedna HoReCa, a business-to-business (B2B) platform for the hotel, restaurant, and catering (HoReCa) industry, has raised Rs 50 crore ($5.8 million) in a new funding round led by Anicut Capital. 11. Google has unveiled an “AI Mode” in its Search feature, set to launch in the US within a week. 12. Oura, a Finnish healthtech firm, scored an early legal victory against Indian startup Ultrahuman and Chinese brand RingConn in a patent case over smart ring technology. 13. Electric bike startup Ultraviolette Automotive is set to raise Rs 32.6 crore ($3.85 million) in an extended Series E1 round led by Winever Industrial Enterprises and Dilip Anand Swadi with the participation of Breathe Capital and others. 14. Libas, a direct-to-consumer brand specializing in ethnic and fusion wear, approached Rs 500 crore in revenue during the fiscal year ending March 2024. 15. Microsoft is increasing Xbox console prices globally, similar to Sony's recent PlayStation 5 price hike. 16. Spotify has submitted an app update to Apple including an external subscription purchase link after a U.S. judge ruled Apple must allow more competition for app downloads. 17. Researchers at IIT Guwahati have developed a groundbreaking aerogel material that addresses pollution and energy challenges. 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.