Corning to build $113m India’s First Gorilla Glass plant in India.

  • US-based multinational technology company Corning has announced plans to set up a $113m First Gorilla Glass manufacturing facility in the Indian state of Telangana.
  • Telangana accounts for 6% of the electronic production in India, with more than 250 companies employing over 50,000 people across different industry sub-segments there.
  • Importantly it is a strategic investment in manufacturing for smartphones and other electronic devices.

OpenAI chief Sam Altman becomes the first to get Indonesia’s "Golden Visa".

  • Indonesia has granted its first golden visa to Sam Altman, the CEO of OpenAI, a pioneering firm in artificial intelligence.
  • Aim: To serve as an incentive for high-profile foreign investors.
  • The Indonesian immigration authority issued a 10-year visa to Altman, acknowledging his global renown and potential contributions to the nation.
  • He is set to benefit from priority security screening at airports and streamlined entry and exit procedures.

Hitachi Payment Services launches India's first-ever UPI-ATM with NPCI.

  • Hitachi Payment Services, a subsidiary of Japan-based Hitachi Ltd, announced the launch of India's first-ever UPI-ATM as a White Label ATM (WLA) named Hitachi Money Spot UPI ATM, with the National Payments Corporation of India (NPCI).
  • The ATM will offer cardless cash withdrawals, eliminating the need for physical cards.
  • A UPI-ATM allows users to withdraw cash from multiple accounts using the United Payments Interface app.
  • WLAs are operated by non-banking entities.

Center signs MoU with Adobe to help children learn AI.

  • Union Ministry of Education Dharmendra Pradhan signed an MoU with global software major Adobe to help children develop creative expression in classrooms using the application Adobe Express.
  • Aim: To provide schools across the country with free access to Adobe Express Premium and the professional development of educators.
  • In the time of digitisation, new ideas, new innovation the partnership will create a new standard and benchmark for students.

Paytm launches first "Card Soundbox" enabling credit, debit card payment.

  • Paytm has unveiled the Paytm Card Soundbox, a device that allows merchants to accept both mobile and card payments, including Visa, Mastercard, American Express, and RuPay, through its Soundbox.
  • Aim: To assist merchants in scaling their businesses by offering a tap and pay solution via credit and debit cards.
  • The new in-store payments option also provides audio-based confirmations using Paytm Soundbox.
  • The Paytm Soundbox features a 4W speaker for clear payment alerts.

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