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Shiprocket trims IPO size; Google's AI leadership shake-upShiprocket is set to launch its IPO after lowering its issue size. This and more in today's ETtech Top 5.- Sanjay Ghemawat, the Kota kid who spent decades at Google building large-scale computing, is now leaving to make an AI that can run thousands of experimentsSanjay Ghemawat, the Google scientist who grew up in Kota, Rajasthan, is leaving the company after nearly three decades. Ghemawat helped bu...
- Meet Sanjay Ghemawat, cofounder of AI startup Discovery LoopComputer scientist Sanjay Ghemawat is among the co-founders of Discovery Loop, the artificial intelligence startup launched by longtime Goo...
- Karnataka, Anthropic discuss AI partnership for governance, skilling, & deeptechKarnataka is discussing a long-term partnership with Anthropic for AI adoption. This collaboration aims to boost AI across governance, educ...
- AI adoption in finance hits 76%, governance and AI-centric operating models key to future edge: KPMGArtificial intelligence (AI) has reached an inflection point in finance, with 76% of organisations already using it in financial planning. ...
- US stocks: Alphabet shares fall 4% as DeepMind chief shifts role in Google’s AI shakeupAlphabet's Class C shares declined significantly after a major AI leadership restructuring. DeepMind CEO Demis Hassabis is moving to a new ...
- Google's Jeff Dean launches AI startup Discovery LoopAnnouncing the venture on X, Dean wrote, "We are founding Discovery Loop... a Public Benefit Corporation whose mission is to automate machi...
- Google shakes up AI leadership as DeepMind CEO Demis Hassabis shifts roleGoogle's AI division sees a significant leadership overhaul and key departures. Demis Hassabis moves to chief scientist while Koray Kavukcu...
- Anthropic to build in-house chip design team for Claude, hire engineersAnthropic is developing an internal team to design custom chips for its Claude AI models. This move addresses the current shortage of essen...
- India's data centre capacity rises over four-fold to 1,575 MW as AI demand accelerates: GovtSince 2020, India's data centre capacity has surged fourfold to around 1,575 MW. This impressive growth stems largely from rising needs in ...
- Gracenote anchors global AI development in India, unveils MCP server for entertainment discoveryGracenote's India technology center is leading the company's artificial intelligence development efforts. This includes a new Model Context...
- AI assistant startup Hulp raises $2.6 million from Sparrow Capital, Bitkraft Ventures, othersHulp was founded by former insurance tech company PolicyBazaar’s cofounder and chief business officer Tarun Mathur, Neha Kulwal and Vishal ...
- Book recommendations by Elon Musk: Looking for your next read that helps you think like world's richest man? SpaceX founder suggests these 5 books on innovation, science and successElon Musk draws inspiration from diverse books for his innovative ventures. Peter Thiel's "Zero to One" guides transformative company build...
- Spotify's higher spending on marketing, AI features to hit profitSpotify anticipates that increased marketing and development expenditures will adversely affect profits in the current quarter. The platfor...
- Activate joins Sarvam's $300 million funding round, eyes deeper AI partnershipBeyond the investment Activate and Sarvam plan to work together on three areas: supporting India's AI startup ecosystem, helping large digi...
- AI cloud startup Volta valued at $2.4 billion, announces $10 billion AI partnershipVolta Infra, a new AI startup, secured a significant cloud contract. This deal is reportedly with Anthropic for European cloud computing se...
- Anthropic inks $10 billion computing deal with new cloud startup Volta InfraAnthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for An...
- Enterprise AI CRM startup Superleap raises Rs 36 crore from Peak XV's SurgeSuperleap, an enterprise AI CRM platform, secured Rs 36 crore funding from Peak XV Partners' Surge. This capital will fuel AI capabilities ...
- Cybersecurity firm Horizon3 crosses $2 billion valuation in new funding roundHorizon3 secured $250 million in funding, significantly increasing its valuation. This investment comes as AI enhances cyber threats and ex...
- Karnataka discusses Takeda GCC expansion, innovation partnershipsKarnataka held discussions with Takeda Pharmaceutical leaders regarding their global capability center expansion. The talks focused on digi...
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