E-Cell IIT Madras

𝐒𝐭𝐨𝐜𝐤 𝐖𝐚𝐫𝐬 𝐏𝐚𝐫𝐭-𝟐: 𝐌𝐢𝐜𝐫𝐨𝐬𝐨𝐟𝐭 𝐚𝐧𝐝 𝐆𝐨𝐨𝐠𝐥𝐞 Microsoft, a major player in the tech industry, made a strategic investment in OpenAI, sparking a rivalry with Google. During the lockdown period, global internet usage surged, significantly boosting Google's value. Over 𝟔𝟎% of Google's revenue came from search ads, which had a reliable reach due to Google's dominant position in the market. However, on November 30, 2022, Google faced a new challenge with the emergence of ChatGPT, backed by Microsoft. Unlike Google, ChatGPT provided clear, accurate responses without displaying advertisements, threatening Google's ad-centric business model. As a result, Google's stock prices dropped by nearly 𝟏𝟎% in December 2022. To counter this threat, Microsoft allowed ChatGPT to access and learn from Bing's search engine, enhancing its capabilities. This move proved pivotal, prompting Google to respond on December 6, 2023, with the introduction of AI Gemini. This new platform came in three versions: • 𝐆𝐞𝐦𝐢𝐧𝐢 𝐍𝐚𝐧𝐨: Designed for efficiency on low-resource devices like smartphones. • 𝐆𝐞𝐦𝐢𝐧𝐢 𝐏𝐫𝐨: Balances performance and efficiency, suitable for a wide array of tasks. • 𝐆𝐞𝐦𝐢𝐧𝐢 𝐔𝐥𝐭𝐫𝐚: The most powerful version, tailored for data centers and business applications. Google's Gemini capitalized on its extensive data from Google Maps and YouTube, enabling rapid evolution and competitive response to ChatGPT. Looking ahead, the introduction of ChatGPT 5 is anticipated to further intensify the competition. Expected advancements in natural language processing could potentially narrow the data advantage currently held by Google's Gemini, shaping a dynamic landscape in AI technology between these industry giants. If Microsoft emerges victorious in this competition, it could potentially solidify its position as the leading company in the modern tech era. However, the path to victory won't be straightforward, as Google heavily relies on the 60% of its revenue generated by its dominant position in search ads. This dependence means that Google will fiercely resist Microsoft's efforts to secure a decisive win in this technological battle. Nevertheless, even if Microsoft does not succeed in overtaking Google, the impact on Microsoft itself would be relatively limited. This is because Microsoft's revenue streams are diversified across various services such as cloud computing, Excel, PowerPoint, and gaming platforms like Xbox. These diverse revenue sources provide Microsoft with resilience and stability. This sets the stage for a highly anticipated showdown in the AI landscape. Tune in for more updates with E-Cell IIT Madras !! #entrepreneurs #techrivalry #ai #microsoft #google #chatgpt #gemini #bigtech #techtrends #ecell #iitm

We, from E-Cell IITM, are inviting all our fellow entrepreneurial enthusiasts, startup founders, and ecosystem enablers to join us at WeWork Labs' upcoming event. Founder Meetup: Building Global Champions from Tamil Nadu An exclusive event to equip founders with the knowledge and connections to conquer the world stage, learning from some of the best names in the country! WeWork Labs is hosting Sivarajah Ramanathan from StartupTN, Kuppulakshmi Krishnamoorthy, Global Head of Zoho for Startups, and Dhanush Ram from Speciale Invest, who will be dissecting the infrastructure that Tamil Nadu has to assist companies in becoming global empires. This is another one of our countless efforts toward imbibing and developing the spirit of entrepreneurship within and beyond Tamil Nadu. As their esteemed ecosystem partners, we are setting the stage for you to connect with fellow founders, investors, and industry leaders who share your dream of global domination! Limited seats are available, so don't miss your chance! Date & Time: 23rd July 2024, 5 PM onwards Location: WeWork Olympia Cyberspace, Chennai WeWork India | Arvind Radhakrishnan, CFA | Mohini Kumar | Aniket Jagtap | Karishma Chandwani | Shenjit Basu #entrepreneurship #foundercommunity #networkingevent #ecell #ecell_iitm #iitm #iit #entrepreneur

Dive into the waves of change with the latest edition of Finance Friday. Explore the critical landscape of educational loans in India and their pivotal role in shaping futures. From understanding the diverse schemes available to the intricacies of repayment options, unravel how these loans can empower aspiring students to pursue their dreams without financial constraints. Learn about the government's initiatives and the economic implications of accessible education financing. #educationalloans #scholarships #financefriday #finance #money #entrepreneurship #learnings #ecell #ecell_iitm

WeWork Labs is coming to Chennai! We're inviting all founders and ecosystem enablers to join us for our upcoming event. Founder Meetup: Building Global Champions from Tamil Nadu: An exclusive event to equip founders with the knowledge and connections to conquer the world stage, learning from some of the best names in the country! We're hosting Sivarajah Ramanathan, StartupTN, Kuppulakshmi Krishnamoorthy, Global Head, Zoho for Startups, and Dhanush Ram Speciale Invest - dissecting the infrastructure that Tamil Nadu has that assist companies to be built as global empires. We're setting the stage for you to connect with fellow founders, investors, and industry leaders who share your dream of global domination! Limited seats, so don't miss your chance Register now: https://lu.ma/1tiernwc Date & Time: 23rd July 2024, 5 PM onwards Location: WeWork Olympia Cyberspace, Chennai A huge shoutout to our ecosystem partners Indian Institute of Technology, Madras, E-Cell IIT Madras and HIGHTABLE for their support!

E-Cell's Impact: E-Cell, a community growing its wings far and wide today, has created and will continue to create an impact with its fullest potential, nurturing startups from the premises of IIT Madras and across PAN India. With 110 startups associated and 62 investor pitches in 2023-24, E-Cell, IITM has been acting as an instrument in nurturing startups with 51 launch-ready ventures in its feathers. The total number of nurtured startups by E-Cell has been only ever growing in number with just around 28 to 110 in just the past 5 years, showing signs of positive global impact in the field of entrepreneurship. Programs like Startup Series, Bootcamp, Pitch Perfect and Incubator Summit have helped students advance their startup ideas to the MVP stage, get training and connect with investors and incubators. Along with helping students in their startup journey, E-Cell has also helped early-stage startups explore the business side of the organization and take informed decisions. With a vision of promoting strategies in reality, E-Cell has been and will be striving in its prospects. An elegant and promising networking platform it has always been, it has assured it would remain further too, to create impacts on the entrepreneurial world and entrepreneurial mindsets. As Scott Belskey said, "It’s not about ideas. It’s about making ideas happen.” #entrepreneur #startup #startuplife #entrepreneurship #ecell #ecell_iitm #iit #iitm

Summer school 2024: PDC x E-cell Greetings! As the Summer School '24 comes to an end, we are thrilled to have been a part of this journey ‘Innovate Design Inspire’ in collaboration with Product Design Club (PDC). What started as an 8-session workshop covering Product Design, Prototyping, Entrepreneurship, and Marketing, culminated in an exciting case study competition, showcasing innovative designs and live prototypes addressing various problem statements. We are proud to announce the top three winners, Devireddy Likhitha Reddy, Siddharth A. and Prashant Guleria, who stood out among over 10 top finalists in a professional pitch deck competition. Congratulations to the winners and all participants who demonstrated exceptional spirit in product design and entrepreneurship. As we conclude this year’s journey, we extend our heartfelt gratitude to the Product Design Club (PDC) and all other stakeholders of Centre For Innovation (CFI) for giving us the opportunity to ignite the entrepreneurial flame among young minds. We look forward to continuing this tradition of innovation and inspiration. #iitm #ecell #entrepreneur #iit #ecell_iitm #InnovateDesignInspire #ProductDesign #Entrepreneurship #SummerSchool24 #CFI #PDC

On the note of this special day, we at E-Cell IIT Madras honor the efforts of the doctors who work relentlessly for society's healthcare. Being a doctor isn't just a job but a responsibility to care for patients, follow ethical standards, and keep learning to provide the best treatment possible. Being a doctor doesn't only give one the blessing of saving lives but also an opportunity to cater to the masses at a time by being a healthcare entrepreneur. "Life is priceless, Live Healthy, India," says Apollo Chairman, Dr. Pratap C Reddy, a renowned cardiologist. Whether it may be community engagement or problem-solving skills, doctors and entrepreneurs share many things in common. Peak decisions that turn the mortality of an individual depict the problem-solving ability of entrepreneurs. Even when walking through the mishappenings they never lose the grip of providing their best.    The doctors-turned-entrepreneurs are not just treating the patients but reforming the total healthcare landscape. Ultimately, maintaining connections with others and assisting them by analyzing their problems can lead one to become an entrepreneur. Let's salute their relentless efforts and commitment to making such a difference in the world of medicine. #doctorsday #healthcareinnovation #entrepreneur #entrepreneurship #ecell_iitm #ecell #iit

India's dream has come true! The nation erupts in joy as Team India secures the long-awaited ICC World Cup, etching its name in cricketing history. The mixed emotions of team effort, individual passion, and farewells to some beloved players created a poignant blend of pride and melancholy. Rohit Sharma fell flat to the ground, while Rahul Dravid leapt out of his chair. Against South Africa, India defended a challenging total of 177. Our batting stumbled early, but Virat Kohli’s majestic 76 (59) steadied the ship. Axar Patel’s crucial 47 (31) also helped us put a competitive total on the board. Jasprit Bumrah, Arshdeep Singh, and Hardik Pandya—our unsung heroes—struck early blows. In the last 5 overs, when victory seemed elusive, Bumrah’s class shone through, pulling us back into the game. Hardik Pandya’s crucial wicket of Klaasen gave us hope, and eventually, we clinched the title. Eight matches, eight victories—a feat no team has achieved before in a T20 World Cup. India stands tall, unbeaten, and unyielding. As we bid adieu to some stellar players from the T20 format—Virat Kohli, Rohit Sharma, and our coach Rahul Dravid—we know their legacy will inspire the next generation. They’ve carried the torch, and now it’s time for fresh faces to script new chapters in Indian T20 cricket’s glorious saga. As Indians, we take pride every day, and this victory is a testament to that! We, as E-Cell IITM, will do our best to foster this sense of pride in every endeavor. Vande Mataram ! #bleedblueforever #indiawins #t20victory #teameffort #proudindian #vandemataram #cricket #historicwin #nationalpride

Stock Wars Part-1: NVIDIA vs Microsoft Jensen Huang-led NVIDIA (NASDAQ: NVDA), long known in the niche gaming community for its graphics chips, is now the third most valuable public company in the world as Satya Nadella-led Microsoft (NASDAQ: MSFT) regained its position after its share price reached a record high of $449.78, bringing its valuation to $3.342 trillion on Saturday. The days when Nvidia was considered only a gaming company are long gone. Its revenues in Q1 of 2024 rose by an astounding 265% compared to the past year, and its stock has soared by 170% in the past six months. Nvidia is the dominant leader, including Microsoft and Apple, and it competes constantly to secure its essential chips for training the language models that underpin generative artificial intelligence. In recent years, Nvidia has been seen as aggressive as it started designing efficient and super-fast AI hardware and software graphic processing units (GPUs) for industries. Note that GPUs can process many tasks simultaneously, making them useful for machine learning, video editing, and gaming applications. Microsoft is now actively seeking ways to build out its AI computing capabilities and add technology to its products and services. The tech giant, valued at $3.342 trillion, is the most valuable company ahead of Apple and Nvidia. Earlier this month, the three tech giants were in a back-and-forth battle for the top position, and Nvidia surpassed both tycoons and reached the pinnacle. As per several trade analysts and researchers, Jensen Huang, one of the co-founders of Nvidia, made smart moves when he realized that artificial intelligence-related tasks could be more efficiently executed through dedicated GPUs that functioned parallel to CPUs. This idea initially faced minor backlash, but after several improvisations, it proved to be the best architecture for performing massive computations at breakneck speed. On the contrary, Microsoft focused on improvising software to attract customers with modern features and a classy look with Windows 11 OS. Jensen Huang’s vision for the future and the team effort that has been collaborative since 1993 have helped Nvidia win the race to become one of the world’s most valuable companies. #nvidia #marketing #ai #revolution #entrepreneurship #startup #startuplife #startupindia #entrepreneur #ecell #ecell_iitm #iit #iitm #iitmadras

Gold Medal Mindset: Applying Olympic Principles to Business As the world gathers to celebrate the Olympic Games, there’s more to learn from these extraordinary athletes than just their physical prowess. Entrepreneurs, too, can draw inspiration from the gold medal mindset that propels Olympians to greatness. Here are some key principles to apply to your entrepreneurial journey: Resilience: Olympians face setbacks, injuries, and intense competition. Similarly, entrepreneurs encounter failures, market shifts, and unexpected challenges. Embrace resilience—bounce back, adapt, and keep moving forward. Discipline: Olympic athletes adhere to rigorous training schedules, sacrificing comfort for excellence. Entrepreneurs must cultivate discipline—whether it’s sticking to deadlines, maintaining work-life balance, or honing their craft. Goal-Setting: Olympians visualize their victories long before they step onto the podium. Entrepreneurs, too, need clear goals. Define your vision, break it down into actionable steps, and relentlessly pursue it. Focus: The laser focus of an archer aiming for the bullseye mirrors an entrepreneur’s need to prioritize. Eliminate distractions, concentrate on what truly matters, and execute with precision. Teamwork: Even individual athletes rely on coaches, trainers, and support staff. Entrepreneurs thrive when they build strong teams. Collaborate, delegate, and recognize that success is rarely a solo journey. Adaptability: Olympic sports evolve—new techniques, equipment, and rules emerge. Entrepreneurs must adapt to changing markets, customer needs, and technological shifts. Stay agile. Congratulations on International Olympics Day! Remember, the entrepreneurial race isn’t a sprint; it’s a marathon. Channel your inner Olympian, stay committed, and aim for gold. #Internationalolympicsday #Olympics #Entrepreneur #Entrepreneurship #ecell #ecell_iitm #startup #iitm #iit