
5256: AI deal frenzy heats up in India; UPI MDR: E-commerce, brokers brace for new cost; and Cut. Clip. Cash: The rise of clipping economy
In Today’s Tech3 from Moneycontrol, we look at the growing AI funding wave in India, with Mstack AI and Simplismart in talks for fresh capital. We also break down how a possible UPI MDR could add costs for e-commerce platforms, brokers and merchants. Plus, we explore the emerging clipping economy and the copyright questions around it, and Meta’s new open-weight AI model Muse Glimmer and Mark Zuckerberg’s push for open weights
The skinny
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