5108: What led to Oracle India layoffs; Sarvam’s mega funding round gets a new investor; and India’s Crypto policy paper on the backburner | MC Tech3
APR 1, 20266 MIN
5108: What led to Oracle India layoffs; Sarvam’s mega funding round gets a new investor; and India’s Crypto policy paper on the backburner | MC Tech3
APR 1, 20266 MIN
Description
In today’s Tech3 from Moneycontrol, Oracle’s large-scale layoffs signal the cost of its AI push, with deep cuts across its India workforce. Sarvam’s $200–250 million raise sees investor shifts as Bessemer joins talks and Accel exits. The government’s crypto discussion paper is put on hold amid RBI concerns, even as the digital rupee gains focus. And finally, how creators are using AI tools like ChatGPT to automate finances, from invoices to GST filings.