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Snabbit bets on quick salon-at-home services; Byju

Snabbit bets on quick salon-at-home services; Byju gets jail term

· Venture Capital · YourStory

Meta CEO Mark Zuckerberg and his wife Priscilla Chan’s philanthropic venture Biohub haslauncheda world model for protein biology aimed at accelerating drug discovery. The model is based on the fourth generation of evolutionary scale modeling, which learns from protein sequences shaped by evolution to better understand protein biology. The launch comes as drugmakers increasingly turn to AI-powered modeling tools and automated labs to improve research efficiency and speed up drug discovery. In women’s health, Sirona Foundation, the social impact arm of feminine hygiene company Sirona Hygiene, has reaffirmed itscommitmentto advancing menstrual equity ahead of Menstrual Hygiene Day on May 28. The foundation said it aims to impact one million women and girls across the country by 2030. On the edtech front, a Singapore court has sentencedByju Raveendran, the founder of embattled edtech company BYJU’S, to six months in jail for contempt of court, according to aBloombergreport. Meanwhile, Amazon islicensingthe AI technology behind Alexa for shopping to other retailers as it looks to power AI-driven shopping across the web. The company said retailers can use the service to launch customised AI shopping assistants tailored to their storefronts, product catalogs, and branding in as little as 60 days. In other development, Nvidia CEO Jensen Huang said on Wednesday that the chipmaker plans toinvestabout $150 billion annually in Taiwan, calling the island the “epicentre” of the AI revolution and predicting it will remain a global technology manufacturing hub for years to come. In today’s newsletter, we will talk about Here’s your trivia for today:Who was the first to win 8 Grammy Awards in one night? After building its business around instant home chores, Snabbit is now betting that beauty services could become the next convenience category consumers stop planning for. Its entry into sub-15-minute salon-at-home services puts the startup directly against Urban Company in a market where convenience may drive demand, but trust and service quality remain the real differentiators. PhysicsWallah reported strong FY26 growth as the edtech firm improved profitability, turned pre-tax profitable, and strengthened cash generation amid tighter cost controls and rising paid users. Who was the first to win 8 Grammy Awards in one night? We would love to hear from you! To let us know what you liked and disliked about our newsletter, please mail[email protected]. If you don’t already get this newsletter in your inbox,sign up here. For past editions of the YourStory Buzz, you can check ourDaily Capsule page here.

Original source: YourStory
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