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TECHNOLOGY COMPANIES
Anicut Capital launches Rs 175-crore seed fund to back 20 startupsAnicut Capital has launched its second early-stage equity fund. This new fund aims to raise Rs 175 crore for startups. The firm manages bet...
Global Market: European stocks trade flat as tech selloff offsets earnings boost from consumer, luxury firmsEuropean stock markets remained relatively stable despite a notable dip in technology shares. The positive earnings reported from the consu...
Anthropic CEO Dario Amodei says company never backed open-weight AI banAmodei addressed the issue in a blog post on Monday, just days after Nvidia, Microsoft, Meta, Palantir and several other technology compani...
Global Market: Japan’s Nikkei plunges over 4% as chip stocks track global tech selloffJapan's Nikkei index tumbled over 4% on Tuesday to a two-month low, led by a deep selloff in semiconductor and AI-related stocks following ...
Global Market: China stocks slide to one-week low as AI valuation concerns hit tech sharesChinese stocks fell to a one-week low on Tuesday, led by a sharp selloff in technology and semiconductor shares as investors questioned AI-...
Global Market Today: Asian stocks fall on AI jitters, oil extends dropAsian equities dropped as artificial intelligence spending concerns fueled chipmaker selloffs. Crude oil extended its decline, with Brent s...
Kaynes Semicon plots massive leap into full chip value chainKaynes Semicon plans to pursue these areas through joint ventures and technology partnerships rather than developing the technologies indep...
Global Market: European shares rise as oil slumps on US-Iran de-escalation; tech earnings in focusEuropean stock markets gained as tensions eased between the United States and Iran. A sharp decline in oil prices supported sectors sensiti...
Explainer: Why investors are betting big on China’s chipmaker CXMTChina's ChangXin Memory Technologies (CXMT) became the country's most valuable listed company after its shares surged 470% on their Shangha...
Global Market: CXMT shares soar 470% in Shanghai debut, becomes China's most valuable listed companyCXMT Corp shares surged dramatically on their Shanghai trading debut. The memory chipmaker's stock price increased by as much as 470%. This...
AI adoption reshapes workflows and hiring across high-growth technology companies: ReportArtificial intelligence adoption is rapidly transforming high-growth technology companies. Many businesses are deploying AI across engineer...
Samsung Electronics wins $200 billion Broadcom AI chip partnership, boosting foundry pushThe tie-up comes as global technology companies increasingly develop their own custom AI accelerators, rather than relying solely on gener...
South Korea President Lee looking to open new era of AI in with global tech companiesPresident Lee delivered a keynote address unveiling a "San Francisco AI Declaration" that outlined South Korea's AI ambitions and its visio...
Samsung, SK Hynix to announce major chip deals with US tech companies, Seoul saysSamsung Electronics and SK Hynix are set to announce major long-term memory chip supply deals with US technology companies during South Kor...
CCI clears cash logistics provider Brink’s acquisition of NCR AtleosThe Competition Commission of India has approved Brink's Company's acquisition of NCR Atleos. This acquisition, valued at approximately $6....
Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
News Corp countersues Brave for allegedly 'scraping' articles for AIIn a Tuesday filing in the Oakland, California, federal court, News Corp said Brave's unauthorised "covert scraping" and resale of its copy...