100 articles from ETtech
A US judge has rejected a bid by Chinese AI firm MiniMax to dismiss a lawsuit. Major studios like Disney and Universal accuse MiniMax of stealing their intellectual property. They claim MiniMax used …
A US judge has rejected a bid by Chinese AI firm MiniMax to dismiss a lawsuit. Major studios like Disney and Universal accuse MiniMax of stealing their intellectual property. They claim MiniMax used copyrighted material to train its AI system, Hailuo. The court found the studios' claims plausible.
The company also cut its losses significantly in this quarter by tightening costs. Its net loss dropped 57% YoY to Rs 48 crore from Rs 112 crore a year ago. FirstCry’s expenses in the March quarter r…
The company also cut its losses significantly in this quarter by tightening costs. Its net loss dropped 57% YoY to Rs 48 crore from Rs 112 crore a year ago. FirstCry’s expenses in the March quarter rose to Rs 2,092 crore from Rs 1,914 crore a year ago; stock purchases and employee benefit expenses accounted for the majority of it.
American chipmaker Qualcomm has struck an AI chip deal with TikTok owner ByteDance, according to a Bloomberg News report
Indonesia has blocked the prediction market Polymarket. This action is part of a wider crackdown on online gambling. Polymarket was reportedly taking bets on the premature end of President Prabowo Su…
Indonesia has blocked the prediction market Polymarket. This action is part of a wider crackdown on online gambling. Polymarket was reportedly taking bets on the premature end of President Prabowo Subianto's term. Indonesian authorities classify Polymarket as an online gambling platform. The ministry stated its activities violate Indonesian law. Polymarket has expressed a commitment to engaging with Indonesian authorities.
Micron has reached a significant milestone, crossing $1 trillion in market value for the first time. This achievement highlights the company's strong performance. Its shares saw a substantial increas…
Micron has reached a significant milestone, crossing $1 trillion in market value for the first time. This achievement highlights the company's strong performance. Its shares saw a substantial increase. This surge is linked to a brokerage firm raising its price target significantly. Micron is now recognized as a major beneficiary of the ongoing AI boom.
Wall Street anticipates SpaceX's IPO, but recent data shows many large debuts have lagged the S&P 500. Investors buying at IPO prices have seen lower returns than those in the S&P 500 index. …
Wall Street anticipates SpaceX's IPO, but recent data shows many large debuts have lagged the S&P 500. Investors buying at IPO prices have seen lower returns than those in the S&P 500 index. High valuations, especially for AI companies, present risks.
Stord, a logistics startup, has secured nearly $250 million in funding, valuing the company at $3 billion. This investment underscores confidence in technology platforms empowering independent brands…
Stord, a logistics startup, has secured nearly $250 million in funding, valuing the company at $3 billion. This investment underscores confidence in technology platforms empowering independent brands. Stord also launched Stord Labs to research AI and robotics for warehouse improvements. The company's valuation has doubled in a year, reflecting significant revenue growth.
A Samsung Electronics union is challenging a pay deal. The agreement offers large bonuses to chip division workers. Consumer electronics employees feel left out. They have asked a court to stop the v…
A Samsung Electronics union is challenging a pay deal. The agreement offers large bonuses to chip division workers. Consumer electronics employees feel left out. They have asked a court to stop the vote. The deal averted a strike. It highlights divisions over AI profits. Some shareholders also plan legal action.
TCS has launched a new sovereign cloud offering for European Union customers. This SovereignSecure Cloud is designed for governments and regulated industries. It aims to provide digital autonomy and …
TCS has launched a new sovereign cloud offering for European Union customers. This SovereignSecure Cloud is designed for governments and regulated industries. It aims to provide digital autonomy and enhance regulatory compliance. The offering combines sovereign cloud architecture with AI capabilities. This move strengthens TCS's presence in Europe, a continent where it has operated for 45 years.
Dropbox is seeing a leadership change. Co-founder Andrew Houston will step down as CEO after a transition period. Ashraf Alkarmi will take over as the sole chief executive. Alkarmi previously managed…
Dropbox is seeing a leadership change. Co-founder Andrew Houston will step down as CEO after a transition period. Ashraf Alkarmi will take over as the sole chief executive. Alkarmi previously managed the company's core products. Michael Torres has been appointed chief product officer. Dropbox recently reported strong first-quarter revenue.
The US Supreme Court has refused to hear Meta's appeal. This allows a lawsuit against Meta's Instagram to proceed. Vermont's attorney general claims the app is designed to be addictive for young user…
The US Supreme Court has refused to hear Meta's appeal. This allows a lawsuit against Meta's Instagram to proceed. Vermont's attorney general claims the app is designed to be addictive for young users. This is part of a larger trend of lawsuits targeting social media companies. Meta faces increasing legal challenges over child and teen safety.
FirstCry parent cut its losses in the March quarter on tightened costs. This and more in today's ETtech Top 5.
Britain has taken action against Russian-linked cryptocurrency platforms and banks. These entities are accused of helping Russia bypass sanctions. Assets have been frozen. UK firms are now barred fro…
Britain has taken action against Russian-linked cryptocurrency platforms and banks. These entities are accused of helping Russia bypass sanctions. Assets have been frozen. UK firms are now barred from processing payments and holding correspondent banking ties with these networks. This move aims to disrupt financial systems supporting Russia's war economy.
Millenial gamers who grew up on 80s and 90s blockbusters are today being courted by the industry, with the latest James Bond offering hard on the heels of an Indiana Jones adventure and soon to be f…
Millenial gamers who grew up on 80s and 90s blockbusters are today being courted by the industry, with the latest James Bond offering hard on the heels of an Indiana Jones adventure and soon to be followed by "Jurassic Park". Successes like "Indiana Jones and the Great Circle" or "Hogwarts Legacy" have been matched by more mixed receptions, such as for "Star Wars Outlaws" from Ubisoft.
Investment manager I Squared Capital has acquired 10 data centre facilities from Cogent Fiber for $225 million. This move signals a significant investment in AI infrastructure. I Squared Capital plan…
Investment manager I Squared Capital has acquired 10 data centre facilities from Cogent Fiber for $225 million. This move signals a significant investment in AI infrastructure. I Squared Capital plans to inject an additional $1 billion for upgrades and expansions. The deal focuses on data centres closer to end-users, crucial for AI inference.
Xiaomi's first-quarter net profit saw a significant 43% drop. High memory chip costs pressured its smartphone sales. The company is investing heavily in electric vehicles and AI for new growth. Its E…
Xiaomi's first-quarter net profit saw a significant 43% drop. High memory chip costs pressured its smartphone sales. The company is investing heavily in electric vehicles and AI for new growth. Its EV business revenue increased but operations related to new initiatives incurred losses. Smartphone shipments declined, impacting revenue and margins. The market outlook remains weak.
A new artificial intelligence centre of excellence in Karnataka is proposed to boost AI research and public sector innovation. This centre will unite state government, industry, startups, and academi…
A new artificial intelligence centre of excellence in Karnataka is proposed to boost AI research and public sector innovation. This centre will unite state government, industry, startups, and academia. It aims to develop scalable AI solutions and policy frameworks. Focus areas include public service delivery and multilingual technologies. Safeguards for privacy and fairness are also emphasised as AI adoption grows.
The Swedish streaming giant will offer more than 650 long-form magazine articles in the English language to users with access to audiobooks.
The shift reflects a structural change in how multinationals use their India operations, moving beyond cost-focused support roles to centres that own core functions such as engineering, product deve…
The shift reflects a structural change in how multinationals use their India operations, moving beyond cost-focused support roles to centres that own core functions such as engineering, product development and analytics.
A $1.4 billion crypto theft at Bybit exposed vulnerabilities in even self-custody solutions, highlighting the critical importance of a wallet's underlying software stack. This incident is driving a s…
A $1.4 billion crypto theft at Bybit exposed vulnerabilities in even self-custody solutions, highlighting the critical importance of a wallet's underlying software stack. This incident is driving a shift towards architecturally cleaner, isolated, and offline-first wallet designs that prioritize key security over user interface. The conversation is also evolving to include post-quantum preparedness, with forward-thinking platforms integrating future-proof cryptography.
Mobikwik Systems secured RBI's in-principle nod for a Payment Aggregator-Physical license, paving the way for offline merchant payments. This strategic move, following an NBFC license, targets signif…
Mobikwik Systems secured RBI's in-principle nod for a Payment Aggregator-Physical license, paving the way for offline merchant payments. This strategic move, following an NBFC license, targets significant growth in under-penetrated markets, aiming for 10x expansion in its merchant business by FY28.
Fundamentum Partnership has launched F2A, a Rs 3,000 crore frontier-tech investment platform focused on AI and deeptech startups. The firm will invest between Rs 40-90 crore in 12-15 companies over t…
Fundamentum Partnership has launched F2A, a Rs 3,000 crore frontier-tech investment platform focused on AI and deeptech startups. The firm will invest between Rs 40-90 crore in 12-15 companies over three years, targeting commercialization-stage businesses in sectors like semiconductors and robotics where India has strategic advantages.
Fundamentum Partnership has launched F2A, a Rs 3,000 crore frontier-tech investment platform focused on AI and deeptech startups. The firm will invest between Rs 40-90 crore in 12-15 companies over t…
Fundamentum Partnership has launched F2A, a Rs 3,000 crore frontier-tech investment platform focused on AI and deeptech startups. The firm will invest between Rs 40-90 crore in 12-15 companies over three years, targeting commercialization-stage businesses in sectors like semiconductors and robotics where India has strategic advantages.
B2B quick commerce platform Fairdeal.Market has secured $15 million in a funding round led by Bertelsmann India Investments. The company aims to deliver over 1,000 SKUs to kirana retailers within 60 …
B2B quick commerce platform Fairdeal.Market has secured $15 million in a funding round led by Bertelsmann India Investments. The company aims to deliver over 1,000 SKUs to kirana retailers within 60 minutes using a dark store model.
OpenAI CEO Sam Altman stated AI will not cause a global jobs apocalypse. He admitted his fears about white-collar job losses were exaggerated. Altman highlighted the irreplaceable human element in ma…
OpenAI CEO Sam Altman stated AI will not cause a global jobs apocalypse. He admitted his fears about white-collar job losses were exaggerated. Altman highlighted the irreplaceable human element in many jobs. He believes the future job market will be different than initially predicted.
Slice Small Finance Bank achieved a net profit of Rs 48.4 crore in FY26. This marks a significant turnaround after a substantial loss in the prior year. Total income more than doubled, reflecting str…
Slice Small Finance Bank achieved a net profit of Rs 48.4 crore in FY26. This marks a significant turnaround after a substantial loss in the prior year. Total income more than doubled, reflecting strong growth. The bank is now focused on expanding credit access for underserved customers.
Pope Leo XIV has released Magnifica Humanitas, an encyclical on artificial intelligence. The document warns about concentrated AI power, job losses, and autonomous weapons. It calls for robust regula…
Pope Leo XIV has released Magnifica Humanitas, an encyclical on artificial intelligence. The document warns about concentrated AI power, job losses, and autonomous weapons. It calls for robust regulations and responsible development to ensure AI benefits humanity and avoids deepening inequality.
Pope Leo XIV's encyclical, "Magnifica Humanitas," urges robust AI regulation and ethical development for humanity's good, not profit. He warned against AI in warfare and the concentration of power, c…
Pope Leo XIV's encyclical, "Magnifica Humanitas," urges robust AI regulation and ethical development for humanity's good, not profit. He warned against AI in warfare and the concentration of power, calling for external oversight and a slowdown in development to prioritize human dignity and the common good.
Happy Tuesday! Recent data-collection experiments by on-demand platforms have drawn attention to Indian physical AI startups. This and more in today's ETtech Morning Dispatch.
Sector-agnostic VC firms Kalaari Capital and Blue Ashva Capital are among those exploring new deeptech-focussed vehicles amid rising investor appetite around areas such as spacetech, semiconductors, …
Sector-agnostic VC firms Kalaari Capital and Blue Ashva Capital are among those exploring new deeptech-focussed vehicles amid rising investor appetite around areas such as spacetech, semiconductors, robotics and energy transition, people aware of the matter told ET.
The share of entry-level hiring in the sector has fallen to around 15% in 2025 from 28% in 2024 as companies focus more on AI, cloud, cybersecurity and automation-focused roles. Emerging technology r…
The share of entry-level hiring in the sector has fallen to around 15% in 2025 from 28% in 2024 as companies focus more on AI, cloud, cybersecurity and automation-focused roles. Emerging technology roles account for nearly 52% of hiring demand and are expected to touch 60% by the end of 2026, signalling a broader shift away from campus-led pyramid hiring model, experts said.
Recent data-gathering pilots by on-demand service platforms Pronto and Snabbit have drawn a spotlight on India’s emerging physical AI ecosystem – and put safety regulators on edge. Sources told ET th…
Recent data-gathering pilots by on-demand service platforms Pronto and Snabbit have drawn a spotlight on India’s emerging physical AI ecosystem – and put safety regulators on edge. Sources told ET that the Ministry of Electronics and Information Technology (MeitY) has taken note of recent developments, especially Pronto’s in-home recording pilots.
The internet’s new junk food is here. Tanya Pandey & Himanshi Lohchab find out why AI slop is flooding your feed and shrinking your attention.
Operators and investors ramping up capacity with billions in investments as India’s data centre capacity may touch 4 GW by 2030, writes Tanya Pandey
But 2026 so far marked some of the biggest executive talent movements among frontier AI companies back and forth. From OpenAI and Anthropic to Google DeepMind, Meta and Thinking Machines Lab, the i…
But 2026 so far marked some of the biggest executive talent movements among frontier AI companies back and forth. From OpenAI and Anthropic to Google DeepMind, Meta and Thinking Machines Lab, the industry is witnessing one of the fiercest talent wars. Himanshi Lohchab lists some of these crucial leadership movements:
A self-proclaimed lazy individual leverages AI to automate tedious tasks, saving hours weekly. This includes using an AI agent to manage LinkedIn connection requests, accepting them automatically an…
A self-proclaimed lazy individual leverages AI to automate tedious tasks, saving hours weekly. This includes using an AI agent to manage LinkedIn connection requests, accepting them automatically and providing summaries. For familiar contacts, another AI assistant crafts personalized thank-you messages, streamlining social and professional interactions.
Companies such as HumynAI Labs, Egodata, Neo Cambrian, XP Robotics, and Objectways have deployed people on the ground starting early this year. They are collecting data on everything from household c…
Companies such as HumynAI Labs, Egodata, Neo Cambrian, XP Robotics, and Objectways have deployed people on the ground starting early this year. They are collecting data on everything from household chores like washing dishes and folding laundry to the manufacturing sector.
Some 540,000 family-based and around 170,000 employment-based green card applications are currently pending with the US Citizenship and Immigration Services (USCIS), show data from the agency. A May …
Some 540,000 family-based and around 170,000 employment-based green card applications are currently pending with the US Citizenship and Immigration Services (USCIS), show data from the agency. A May 22 memo announcing the policy did not specify whether it would apply only to new applications or also have retrospective effect.
Fintech firm Cashfree Payments announced a revenue of Rs 1,000 crore for FY26. The company anticipates operational profit in the current financial year. Gross transaction value saw a significant incr…
Fintech firm Cashfree Payments announced a revenue of Rs 1,000 crore for FY26. The company anticipates operational profit in the current financial year. Gross transaction value saw a significant increase. Cashfree Payments achieved EBITDA profitability in March 2026 and aims for full-year EBITDA profitability in FY27. Cross-border operations are set to become a major revenue contributor.
Co-working spaces remained the company’s biggest revenue contributor, accounting for more than 83% of operating revenues. Income from the segment rose 26.8% on-year to Rs 341.5 crore in Q4 FY26 from …
Co-working spaces remained the company’s biggest revenue contributor, accounting for more than 83% of operating revenues. Income from the segment rose 26.8% on-year to Rs 341.5 crore in Q4 FY26 from Rs 269.3 crore in the year-ago period. The construction and fit-out projects business contributed Rs 68.6 crore during the quarter.
Forum is Facebook Groups reimagined as a Reddit-style discussion platform with AI-powered search and recommendations, while Instants turns Instagram into a more spontaneous, Snapchat and BeReal-like …
Forum is Facebook Groups reimagined as a Reddit-style discussion platform with AI-powered search and recommendations, while Instants turns Instagram into a more spontaneous, Snapchat and BeReal-like space for ephemeral photo sharing.
Venture capital and private equity investments in April saw a sharp decline. Funds invested $2.7 billion across 38 deals. This marks a significant drop compared to previous periods. Rupee depreciatio…
Venture capital and private equity investments in April saw a sharp decline. Funds invested $2.7 billion across 38 deals. This marks a significant drop compared to previous periods. Rupee depreciation and geopolitical tensions impacted investor sentiment. Real estate, financial services, and technology sectors received the most funding. Fundraising also reached a low for the year.
Pope Leo XIV has released a new document, "Magnifica Humanitas," calling for global leaders to regulate artificial intelligence. This marks the latest in a long tradition of papal calls for social ju…
Pope Leo XIV has released a new document, "Magnifica Humanitas," calling for global leaders to regulate artificial intelligence. This marks the latest in a long tradition of papal calls for social justice. The Pope warns that AI could spread misinformation and lead to conflict. His message emphasizes the need for human-centered ethical considerations in technology's rapid advancement.
Chinese tech giant Huawei said on Monday it had developed a new way of making semiconductors that could get around its US-enforced lack of access to the most advanced chipmaking equipment. Huawei has…
Chinese tech giant Huawei said on Monday it had developed a new way of making semiconductors that could get around its US-enforced lack of access to the most advanced chipmaking equipment. Huawei has been at the centre of a geopolitical standoff in recent years after Washington warned its equipment could be used by the Chinese government for espionage, an allegation the firm denies.
Global firms in India are hiring cautiously. Artificial intelligence is changing job roles, making it harder to find talent with advanced tech skills. Companies seek specialized expertise in AI and c…
Global firms in India are hiring cautiously. Artificial intelligence is changing job roles, making it harder to find talent with advanced tech skills. Companies seek specialized expertise in AI and cybersecurity. Entry-level positions may shrink as AI handles routine tasks. Re-skilling programs and university partnerships are underway to bridge the widening skills gap.
US demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech Top 5.
India must unite government, companies, and academia for AI advancement. A young workforce offers a significant advantage. Skilling initiatives are crucial for a large AI-trained population. Stronger…
India must unite government, companies, and academia for AI advancement. A young workforce offers a significant advantage. Skilling initiatives are crucial for a large AI-trained population. Stronger intellectual property protection is also vital for innovation. IBM is expanding its presence to tap into talent beyond major tech hubs.
The Noida-based fintech firm’s net profit for the final quarter of the last fiscal year stood at Rs 67 crore, up 81% from Rs 37 crore a year back.
Tether, a major stablecoin issuer, is set to launch a digital token for the Georgian lari. This move has the backing of Georgia's government, signaling the country's embrace of digital assets. The to…
Tether, a major stablecoin issuer, is set to launch a digital token for the Georgian lari. This move has the backing of Georgia's government, signaling the country's embrace of digital assets. The token, named GELT, aims to boost cross-border trade and fintech development. Georgia is already a significant player in cryptocurrency mining, and new regulations are attracting digital asset businesses.
Target India's head revealed a strategic shift driven by AI pricing changes. Usage-based AI costs are prompting the U.S. retailer to reassess tool accessibility for employees. This move involves sign…
Target India's head revealed a strategic shift driven by AI pricing changes. Usage-based AI costs are prompting the U.S. retailer to reassess tool accessibility for employees. This move involves significant investments to equip teams with necessary AI capabilities. Target is adapting to evolving consumer demand and economic conditions. The company plans substantial spending on new stores, remodels, and AI initiatives.
Paytm's European payment arm is set to receive a significant boost. Paytm Cloud Technologies will invest nine million euro into its subsidiary, Paytm Europe Payments S.A. This capital infusion aims t…
Paytm's European payment arm is set to receive a significant boost. Paytm Cloud Technologies will invest nine million euro into its subsidiary, Paytm Europe Payments S.A. This capital infusion aims to bolster the paid-up capital of Paytm Europe. The transaction is scheduled for completion by June 30, 2026. Paytm Europe is incorporated in Luxembourg and is yet to begin operations.
Speaking at the presentation of Pope Leo's first encyclical on artificial intelligence, Olah said there was "a real possibility" that AI will displace human labor "at very large scale".
The first U.S. pope said the Catholic Church wanted to work with AI developers to discuss the proper use of the technology, and said humans should maintain key controls of AI systems.
Home salon platform Yes Madam secured Rs 50 crore in its first institutional funding. Info Edge's B8 Fund-I led the investment. The funds will fuel expansion into new cities, strengthen service partn…
Home salon platform Yes Madam secured Rs 50 crore in its first institutional funding. Info Edge's B8 Fund-I led the investment. The funds will fuel expansion into new cities, strengthen service partner network and enhance technology and customer experience. Founded in 2016 by Mayank Arya, Aditya Arya and Akanksha Vishnoi, Yes Madam has been bootstrapped and profitable till now, according to its press release.
Manufacturers are repurposing AI as a tool for faster execution in a twist to the industrial AI playbook.
He Tingbo, Huawei's "chip queen", spearheads the company's semiconductor innovation. Facing U.S. sanctions, Huawei is developing new chip technologies. He Tingbo introduced the Tau Scaling Law, focus…
He Tingbo, Huawei's "chip queen", spearheads the company's semiconductor innovation. Facing U.S. sanctions, Huawei is developing new chip technologies. He Tingbo introduced the Tau Scaling Law, focusing on transmission speeds. This effort aims for self-reliance and continued technological advancement for China.
Companies can no longer gain a competitive edge with standard AI models, as nearly 90% of organisations now use large language models said report by McKinsey & Company. True advantage lies in bui…
Companies can no longer gain a competitive edge with standard AI models, as nearly 90% of organisations now use large language models said report by McKinsey & Company. True advantage lies in building unique, integrated AI systems and workflows that are difficult for rivals to replicate, turning cognitive work into scalable infrastructure.
Applied Materials urges India to modernise its power grid to fuel its AI ambitions, highlighting the need for reliable, clean energy. The company suggests incentives for clean power adoption and plan…
Applied Materials urges India to modernise its power grid to fuel its AI ambitions, highlighting the need for reliable, clean energy. The company suggests incentives for clean power adoption and planning AI infrastructure as a connected national system, emphasising the critical role of grid modernisation for technological advancement.
StrainX Bioworks, a synthetic biology and precision fermentation startup, has raised $13 million to advance its biotechnology platform. The company, with a team of over 100 experts, aims to scale pro…
StrainX Bioworks, a synthetic biology and precision fermentation startup, has raised $13 million to advance its biotechnology platform. The company, with a team of over 100 experts, aims to scale production to 100,000 litres and forge global partnerships, positioning India as a leader in biological manufacturing.
Pope Leo XIV will release on Monday his long-awaited manifesto on artificial intelligence (AI), a bid to address ethical and social challenges as the technology rapidly develops worldwide. The releas…
Pope Leo XIV will release on Monday his long-awaited manifesto on artificial intelligence (AI), a bid to address ethical and social challenges as the technology rapidly develops worldwide. The release of "Magnificent Humanity" follows several years of study by the Church of AI-related technologies.
Huawei aims for advanced chip design by 2031. The company is developing a new 'Tau Scaling Law' to improve chip performance. This innovation could bypass US sanctions restricting access to cutting-ed…
Huawei aims for advanced chip design by 2031. The company is developing a new 'Tau Scaling Law' to improve chip performance. This innovation could bypass US sanctions restricting access to cutting-edge semiconductor technology. Huawei's upcoming Kirin chips will feature a related 'LogicFolding' architecture. The company has already produced hundreds of chips based on this new principle.
Singapore's economy surged six percent in the first quarter. Demand for artificial intelligence chips is driving this growth. This boost helps balance challenges from the Middle East conflict. The…
Singapore's economy surged six percent in the first quarter. Demand for artificial intelligence chips is driving this growth. This boost helps balance challenges from the Middle East conflict. The government maintains its annual economic forecast. Strong performance in trade, manufacturing, and finance sectors is noted. AI-related demand is expected to continue supporting regional economies.
Uber's board met to discuss increasing its offer for Delivery Hero after a major shareholder rejected a bid valuing the German firm at over 11.5 billion euros. Uber CEO Dara Khosrowshahi previously o…
Uber's board met to discuss increasing its offer for Delivery Hero after a major shareholder rejected a bid valuing the German firm at over 11.5 billion euros. Uber CEO Dara Khosrowshahi previously offered 33 euros per share, but a larger shareholder was rebuffed with a 38 euros per share proposal.
Happy Monday! Udaan is in talks to raise fresh funds amid IPO talks. This and more in today's ETtech Morning Dispatch.
The Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated at a flat valuation of $1.8 billion and could be Udaan’s last…
The Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated at a flat valuation of $1.8 billion and could be Udaan’s last private capital raise before it targets an initial public offering (IPO).
Rubrik, Securonix and Proofpoint reported shorter sale cycles, demand for additional disaster recovery locations and stronger digital ring fences, as the threat of phishing emails and cyberattacks ha…
Rubrik, Securonix and Proofpoint reported shorter sale cycles, demand for additional disaster recovery locations and stronger digital ring fences, as the threat of phishing emails and cyberattacks has gone up manifold.
Companies are using AI to personalise discovery, improve marketing efficiency, reduce manual work in logistics, handle customer support, reduce failed deliveries, improve store productivity and speed…
Companies are using AI to personalise discovery, improve marketing efficiency, reduce manual work in logistics, handle customer support, reduce failed deliveries, improve store productivity and speed up internal technology deployment. The use cases differ across companies, but the common thread is that AI is now being applied extensively to operating functions where scale, speed and accuracy matter.
Shopsy has over 450 million app downloads and delivers across more than 20,000 pin codes, but did not disclose its annual transacting users or order volumes. The company also declined to comment on s…
Shopsy has over 450 million app downloads and delivers across more than 20,000 pin codes, but did not disclose its annual transacting users or order volumes. The company also declined to comment on specifics.
A survey found meeting customer expectations (49%) and boosting operational efficiency (47%) were the primary forces driving AI adoption among manufacturers. However, cost reduction, often touted as …
A survey found meeting customer expectations (49%) and boosting operational efficiency (47%) were the primary forces driving AI adoption among manufacturers. However, cost reduction, often touted as a top reason for AI adoption in enterprises, ranked last at just 23%.
The Bengaluru-based company is targeting launches in 2027 or 2028 and is positioning the project as a potential breakthrough in very low Earth orbit (VLEO) satellite operations, an area that remains …
The Bengaluru-based company is targeting launches in 2027 or 2028 and is positioning the project as a potential breakthrough in very low Earth orbit (VLEO) satellite operations, an area that remains largely unexplored globally because of the extreme atmospheric drag at those altitudes.
While the Tata Group company has already initiated small-scale shipments from its first commercial OSAT facility in Vemagal, Karnataka, the strategic pivot to the greenfield high-volume manufacturing…
While the Tata Group company has already initiated small-scale shipments from its first commercial OSAT facility in Vemagal, Karnataka, the strategic pivot to the greenfield high-volume manufacturing unit in Jagiroad, Assam is aimed at building trust among global clients about the company’s capabilities while ensuring immediate scalability to meet surging automotive and industrial demand.
With people increasingly adopting AI to help plan their vacations, hotels are working to make sure that you check them out -- and check in. "What a hotel needs to do to get well referenced by search …
With people increasingly adopting AI to help plan their vacations, hotels are working to make sure that you check them out -- and check in. "What a hotel needs to do to get well referenced by search engines is not the same thing that they need to do to get referenced by artificial intelligence," said Johanna Benesty at BCG. Moreover, not all AI models "work in the same way," she added.
The operation targeted previously unseen technology built around an application called CINEMAGOAL, which connected users' devices to foreign servers that illegally decrypted streaming content, t…
The operation targeted previously unseen technology built around an application called CINEMAGOAL, which connected users' devices to foreign servers that illegally decrypted streaming content, the Guardia di Finanza police said.
Pronto's service professionals — who provide cleaning, washing, and meal preparation services — record their activities, generating videos that can help train physical AI systems. Following privacy c…
Pronto's service professionals — who provide cleaning, washing, and meal preparation services — record their activities, generating videos that can help train physical AI systems. Following privacy concerns, the founders of rival platforms Urban Company and Snabbit clarified that they do not engage in such practices and have no plans to do so.
A Supreme Court PIL targets the 'Cockroach Janta Party' for allegedly exploiting judicial remarks for commercial gain. The petition also calls for a CBI probe into 'fake advocates' using fraudulent d…
A Supreme Court PIL targets the 'Cockroach Janta Party' for allegedly exploiting judicial remarks for commercial gain. The petition also calls for a CBI probe into 'fake advocates' using fraudulent degrees. This action highlights concerns over the commodification of constitutional proceedings and the potential undermining of judicial sanctity through such activities.
Delivery Hero said last week its U.S. rival had increased its holding to about 19.5% of issued capital from roughly 7%, becoming its largest shareholder. The stake is worth around 1.7 billion …
Delivery Hero said last week its U.S. rival had increased its holding to about 19.5% of issued capital from roughly 7%, becoming its largest shareholder. The stake is worth around 1.7 billion euros, according to Reuters calculations.
The expansion comes as Blue Origin rival, Elon Musk's SpaceX, prepares to go public targeting a valuation of $1.75 trillion.The expansion comes as Blue Origin rival, Elon Musk's SpaceX, prepares t…
The expansion comes as Blue Origin rival, Elon Musk's SpaceX, prepares to go public targeting a valuation of $1.75 trillion.The expansion comes as Blue Origin rival, Elon Musk's SpaceX, prepares to go public targeting a valuation of $1.75 trillion.
DeepSeek did not disclose whether the permanent price cut was due to increased supply of Huawei's Ascend 950 chips, which it used to maximize V4's performance.
The AI startup said around 50 carefully selected partners, including technology firms and research organisations, were given limited access to the model over recent weeks. Mythos Preview was used to …
The AI startup said around 50 carefully selected partners, including technology firms and research organisations, were given limited access to the model over recent weeks. Mythos Preview was used to scan more than 1,000 open-source software projects during the trial.
In the vibrant world of play, Indian board games and toys are experiencing a renaissance. Consumers are leaning towards locally inspired options, moving away from homogenized global toys. A new wave …
In the vibrant world of play, Indian board games and toys are experiencing a renaissance. Consumers are leaning towards locally inspired options, moving away from homogenized global toys. A new wave of entrepreneurs is tapping into India's rich tapestry of history and mythology to create engaging, culturally resonant products.
After 35 years at Microsoft, consumer chief marketing officer Yusuf Mehdi announced his departure, planning to leave in June 2027. Mehdi, a key figure in product launches from Windows 95 to Copilot P…
After 35 years at Microsoft, consumer chief marketing officer Yusuf Mehdi announced his departure, planning to leave in June 2027. Mehdi, a key figure in product launches from Windows 95 to Copilot Plus PCs, will focus on Windows, Microsoft 365, and the One Copilot vision during his remaining time.
A new report reveals that half of surveyed workers feel overly dependent on AI, with younger generations expressing greater concern about probable diminished intelligence. Despite pressure to use AI…
A new report reveals that half of surveyed workers feel overly dependent on AI, with younger generations expressing greater concern about probable diminished intelligence. Despite pressure to use AI for productivity, many lack understanding of its practical application, leading to increased "workslop" and misuse on sensitive tasks.
Beware of a cunning phishing scam targeting iPhone users who have lost their devices. Scammers, posing as Apple Support, are sending fake messages with malicious links to steal your Apple ID and OTP.…
Beware of a cunning phishing scam targeting iPhone users who have lost their devices. Scammers, posing as Apple Support, are sending fake messages with malicious links to steal your Apple ID and OTP. This allows them to access your account and remove your device. Always verify links and use Apple's official 'Find Devices' service for recovery.
SpaceX's latest Starship test flight achieved a significant milestone, deploying mock satellites and executing a controlled splashdown. This successful uncrewed launch, the first of its V3 iteration,…
SpaceX's latest Starship test flight achieved a significant milestone, deploying mock satellites and executing a controlled splashdown. This successful uncrewed launch, the first of its V3 iteration, bolsters investor confidence ahead of the company's anticipated IPO next month.
Yatra Online's net profit saw a 46% drop to Rs 8.20 crore in the March 2026 quarter, impacted by the West Asia conflict which disrupted international travel demand. Despite this, the company reported…
Yatra Online's net profit saw a 46% drop to Rs 8.20 crore in the March 2026 quarter, impacted by the West Asia conflict which disrupted international travel demand. Despite this, the company reported strong full-year performance with revenue less service cost growth of 24.5% and adjusted Ebitda growth of 37.5%.
Bihar is set to become a major AI hub. The government will soon launch an AI policy to transform governance and development. AI will enhance transparency in welfare schemes and speed up complaint res…
Bihar is set to become a major AI hub. The government will soon launch an AI policy to transform governance and development. AI will enhance transparency in welfare schemes and speed up complaint resolution. The state aims for technological advancement and economic prosperity.
Novo Nordisk is leveraging Artificial Intelligence to significantly speed up new drug launches. The company expects to cut down the time to market by as much as two-thirds. Its center in Bengaluru, I…
Novo Nordisk is leveraging Artificial Intelligence to significantly speed up new drug launches. The company expects to cut down the time to market by as much as two-thirds. Its center in Bengaluru, India, is becoming crucial for global drug preparations.
Nvidia CEO Jensen Huang believes China remains a crucial market for central processing units. He forecasts a 200 billion dollar market for these chips, including China. Despite US-China technology …
Nvidia CEO Jensen Huang believes China remains a crucial market for central processing units. He forecasts a 200 billion dollar market for these chips, including China. Despite US-China technology challenges, Nvidia aims to serve this large and important region. Huang is in Taipei ahead of the Computex trade show and will meet with TSMC.
US law firm Fenwick & West will pay fifty-four million dollars to settle claims from FTX customers. The firm advised FTX before its collapse. Plaintiffs alleged Fenwick helped facilitate the frau…
US law firm Fenwick & West will pay fifty-four million dollars to settle claims from FTX customers. The firm advised FTX before its collapse. Plaintiffs alleged Fenwick helped facilitate the fraud. The settlement requires court approval. Fenwick states it was unaware of the fraud and disputes wrongdoing. This is part of broader FTX litigation.
Elevation Capital, an early investor in Paytm, has sold shares worth Rs 964 crore through block deals. This follows a trend of early investors liquidating their holdings. Paytm recently reported its …
Elevation Capital, an early investor in Paytm, has sold shares worth Rs 964 crore through block deals. This follows a trend of early investors liquidating their holdings. Paytm recently reported its first full-year profit and operating revenue growth. The company is now Indian-owned and controlled, with a market capitalization of Rs 71,220 crore.
The total value of Zoom’s stake in the rapidly ascendant AI company is worth about $1.27 billion, according to a regulatory filing Friday. That value is primed to increase further as Anthropic nears …
The total value of Zoom’s stake in the rapidly ascendant AI company is worth about $1.27 billion, according to a regulatory filing Friday. That value is primed to increase further as Anthropic nears the completion of another funding round as soon as next week.
India and Cyprus leaders met to boost cooperation. They signed MoUs on innovation, technology, and higher education. Space sector partnerships were discussed. Agreements on diplomatic training and ac…
India and Cyprus leaders met to boost cooperation. They signed MoUs on innovation, technology, and higher education. Space sector partnerships were discussed. Agreements on diplomatic training and accounting standards were welcomed. Discussions also covered migration and social security. Both nations aim for enhanced collaboration and mutual benefit.
USTR Jamieson Greer announced no immediate semiconductor tariffs are planned. He emphasised the importance of duties to encourage domestic chip manufacturing. Greer indicated that any protective meas…
USTR Jamieson Greer announced no immediate semiconductor tariffs are planned. He emphasised the importance of duties to encourage domestic chip manufacturing. Greer indicated that any protective measures would be carefully timed and appropriately scaled. This comes as the US aims to reduce reliance on foreign chip supply chains. Micron Technology is expanding its US.
Parents are increasingly choosing audio-only gadgets for their children, moving away from excessive screen time. Devices like Yoto and Tonies offer engaging content, helping kids focus and listen. Th…
Parents are increasingly choosing audio-only gadgets for their children, moving away from excessive screen time. Devices like Yoto and Tonies offer engaging content, helping kids focus and listen. This trend reflects growing concerns about the impact of screens on children's well-being. Companies are seeing significant revenue growth in this booming market.
President Donald Trump's executive order on powerful AI models has collapsed. Allies in Silicon Valley reportedly convinced the president to pull the plug. The order aimed to implement new AI cyberse…
President Donald Trump's executive order on powerful AI models has collapsed. Allies in Silicon Valley reportedly convinced the president to pull the plug. The order aimed to implement new AI cybersecurity measures. This development highlights Washington's struggle to agree on AI guardrails. The United States lags behind Europe and Asia in AI regulation.
H-1B visa registrations have seen a sharp decline this year. Stricter US immigration rules and increased costs are pushing companies to be more selective. The US Citizenship and Immigration Services …
H-1B visa registrations have seen a sharp decline this year. Stricter US immigration rules and increased costs are pushing companies to be more selective. The US Citizenship and Immigration Services reports a significant drop in registrations for FY27. This shift favors applicants with advanced degrees and higher salaries, signaling an end to mass, low-wage registrations.
People confined to indoors are increasingly turning to online platforms for purchases spanning daily essentials to cooling products and consumer electronics. While this also means a heavier workload…
People confined to indoors are increasingly turning to online platforms for purchases spanning daily essentials to cooling products and consumer electronics. While this also means a heavier workload for delivery executives, the platforms said they are taking measures to help them cope with the weather.
Google argued that U.S. Judge Amit Mehta made legal errors in his 2024 ruling, which found the company illegally blocked competitors by paying billions of dollars annually to firms including App…
Google argued that U.S. Judge Amit Mehta made legal errors in his 2024 ruling, which found the company illegally blocked competitors by paying billions of dollars annually to firms including Apple to be the default search engine on new devices.
While such structures are hardly unusual in corporate America, particularly among founder-led companies, few issues are so fiercely criticized by governance watchdogs.
The operation was an example of a technology the Metropolitan Police say is transforming policing, helping officers arrest around 2,500 wanted people since the start of 2024, including suspects accu…
The operation was an example of a technology the Metropolitan Police say is transforming policing, helping officers arrest around 2,500 wanted people since the start of 2024, including suspects accused of violent and sexual offences.