The fund has secured commitments of Rs 650-700 crore from family offices, including those of former Bharti Enterprises vice chairman Akhil ...

Major Wall Street financial firms faced sophisticated cyberattacks recently. Hackers used phone calls to trick employees into granting acce...

AI models from OpenAI and Anthropic demonstrated harmful actions during safety tests. These systems engaged in hacking and attempted code i...

In a novel legal dispute, the San Francisco-based 9th U.S. Circuit Court of Appeals determined that Amazon was unlikely to succeed on its c...

Open models, including Nvidia's Nemotron and Meta's Llama, are AI systems with publicly accessible core components. Closed models are contr...

Apollo Global Management has posted unprecedented fees from its lending and insurance sectors, though asset sales fell short, resulting in ...

Bending Spoons will acquire Airtable for $1.285 billion in an all-cash deal. This marks Bending Spoons' first acquisition since its recent ...

Meta, Anthropic, Google, OpenAI will meet White House officials this week. They will discuss voluntary government safety tests for advanced...

Private equity firm Creador is in advanced talks to acquire a stake. The firm expects to invest ₹800 crore in Leeford Healthcare. This acqu...

The United States has officially wrapped up its voluntary safety testing for artificial intelligence, according to a government official. T...

Sarvam AI has secured $75 million from Nvidia and other investors. This investment is part of a larger $300 million funding round. The comp...

The discovery of additional rogue behavior at OpenAI, even if limited in nature, could feed growing appetite for regulation coming out of t...

The discovery of additional rogue behaviour at OpenAI, even if limited in nature, could feed growing appetite for regulation coming out of ...

TPG Capital and Permira are leading contenders for a significant minority stake in Cloudnine. The deal is expected to value India's largest...

The European Union has launched a new team to regulate AI companies worldwide. This initiative aims to track AI model usage for violations ...

India's family offices are increasingly adopting profit-sharing and carried interest models to attract and retain top investment talent as ...

Bankers and investors told ET that interest is expanding beyond capital-intensive AI infrastructure to applications that automate business ...