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Jane Street, TSMC-linked AI startup Etched raises $800 millionAI chip challenger Etched has secured a massive $800 million in funding, with backing from industry heavyweights like Jane Street and a fir...- Orchestration layer is new battleground for Indian AI talentRecruiters told ET that hiring for standalone prompt engineering roles has plateaued as companies increasingly seek engineers who can build...
- Bank of England's Breeden signals new rules to govern agentic AIFollowing years of insistence that existing frameworks were sufficient to mitigate AI risks, Deputy Governor Sarah Breeden said rapid devel...
- RBI flags AI stock boom as financial stability risk, says Indian banks remain resilientIndia's central bank has identified soaring AI stock valuations globally as a financial stability risk, warning of potential market spillov...
- China's Nexchip Semiconductor seeks up to $890.3 million in Hong Kong share saleNexchip's raising follows a slew of Chinese technology firms seeking to raise funds in Hong Kong's red-hot capital markets, with Apple supp...
- Anthropic's export restrictions are fueling Asia's AI boomThe US move has allowed Asian firms to establish themselves in a market dominated by a handful of US companies.
- Bitcoin miner and AI firm Ionic Digital files for Nasdaq direct listingThe company was formed in January 2024 to acquire the cryptocurrency mining assets of Celsius Mining, a subsidiary of Celsius, which recei...
- No chips, no glory for India's AI companies racing to lock in GPUsRamprakash Ramamoorthy, director of AI research, Zoho, which is running its own data centre, said the compute cost has gone up significantl...
- Cheaper AI is better: Soaring bills are reshaping how businesses choose modelsTop executives such as Microsoft's Satya Nadella, Palo Alto Networks' Nikesh Arora and Coinbase Global's Brian Armstrong have said smaller,...
- China, India see top firms lose market cap share in AI lagMajor stock markets in China, India, and Hong Kong are lagging in the global AI race, with top companies now holding a smaller market share...
- 'One-time opportunity': South Korea bets big on AI boomSouth Korea's chip industry is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial...
- Lights, camera, AI: For entertainment companies, a prompt may come with copyright headacheIndian entertainment firms are heavily investing in AI for content creation, but a lack of clear copyright laws is creating significant own...
- Australia's Firmus Technologies strikes AI access deal with NvidiaFirmus said the deal would see it buy Nvidia infrastructure and sell Nvidia‑powered cloud services to "AI Native" customers, among others...
- US allows Anthropic to release Mythos to 'trusted partners'The action comes two weeks after the government ordered the AI firm to suspend access to some of its models, due to fears they could be dep...
- US allows Anthropic to release Mythos to 'trusted partners'The US government has partially lifted restrictions on Anthropic's advanced AI model, Claude Mythos 5, allowing trusted partners access aft...
- After Anthropic shutdown, China's Z. ai closes frontier gap as it plans dual listingChinese AI firm Z. ai is aiming for artificial general intelligence, fueled by strong investor interest after its GLM-5.2 model neared top ...
- UN chief calls on AI firms to come clean on environmental costsThe rapid development of data centres globally to fuel the AI revolution has drawn scrutiny from environmental groups for their high energy...
- AI startup Baseten hits $13 billion valuation as Australia's Blackbird makes record betThe round was led by U.S.-based investors Sands Capital and Wellington Management, Baseten said late on Monday. Top Australian venture ca...
- Three ways Trump could get a stake in AI firms for the USPresident Donald Trump is actively investigating how to ensure that the American public can benefit from the lucrative advancements within ...
- Manus original investors plan to buy back AI firm from Meta for $2 billion: The InformationChinese investors are set to repurchase AI firm Manus from Meta. The deal is valued at two billion dollars. This move follows a directive f...
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