Economic Times
Cohere, an AI startup, aims to raise $500M at a $5B valuation with $22M annual revenue, enterprise AI models, Oracle partnership, cloud plans, and bac
EU to implement DSA guidelines next week for Big Tech to address illegal content and election risks or face fines. Meta Platforms already taking steps
John Ray criticizes Sam Bankman-Fried's delusion claiming FTX funds recovery post $8 billion theft conviction. Lawyers aim for reduced sentence. Mukas
Google faces criticism for changes under EU tech rules. Oliver Bethell discusses trade-offs for balancing interests. DMA aims to regulate Big Tech for
The internet companies sought to restrict Google from levying any commission for in-app purchases and from delisting those not adhering to its policie
The San Francisco-based social media company had estimated that its shares would be priced at $31 to $34. The $34 price put Reddit's value at $6.4 bil
The Reddit social network was set to make its trading debut Thursday after pricing robustly in an initial public offering that suggested greater inves
Noland Arbaugh, the 29-year-old patient who was paralyzed below the shoulder after a diving accident, played chess on his laptop and moved the cursor
Venture capital investors at late-stage startups are looking for exits amid increasing pressure to deliver returns. This and more in today’s ETtech
The fund will likely be $150-200 million in size, Verma will be a solo partner with a team of around a dozen executives.
The number of PE firms holding majority stake in Indian IT services companies had doubled between 2019 and 2022 to more than 50, as per Avendus Capita
Founders of mid-scale startups, who spoke to ET, said existing investors in their cos are demanding exits even at reduced valuations.
Nvidia announced its most powerful Blackwell chip capable of processing trillion-parameter AI models upto 30 times faster and at one-fourth use of pow
The funds will be used to boost capabilities around art, design, engineering, product and marketing, among other things, cofounder Sandeep Kowdley tol
Anne-Marie Rowland will report to Wipro CEO and managing director Thierry Delaporte and will become a member of Wipro’s Executive Committee (WEC).
LTTS said it is committed to upskilling 1,000 engineers over the next three years on NVIDIA software like NVIDIA AI Enterprise, which includes NVIDIA
A new report presented insights into the disbursement trends for the quarter from 37 members of Fintech Association for Consumer Empowerment, indicati
The deal resolves January 2023 charges the SEC filed against Genesis and Gemini Trust Company LLC over their joint crypto lending program. It was one
In recent weeks, representatives of Saudi Arabia's Public Investment Fund have discussed a potential partnership with Andreessen Horowitz, one of Sili
The company plans to utilise the funds to fuel its growth initiatives while ensuring a healthy Capital Adequacy Ratio (CAR). Since its establishment,
