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Siguler Guff raises $500 mn for India mid-market private equity strategySiguler Guff has secured $500 million for India's mid-market businesses. The capital will fund founder and family-owned companies in key se...
Talent, data hurdles primary barriers for India's AI ecosystem: ReportAccording to the report, which surveyed 308 stakeholders, including startups, business users, and consumers, 47.2% of respondents identifie...
Alphabet raises $3.9 billion in inaugural Australian dollar bondThe U.S. tech giant raised the amount by issuing 3-, 5-, 10- and 20-year bonds, the term sheet showed. The company set the coupon at 6.9% ...
AI chip startup Etched doubles valuation to $21 billion in under a monthThe San Jose, California-based company raised $700 million, with trading firm Jane Street continuing its backing by leading the round, jo...
Anthropic pre-IPO credit facility set to climb past $10 billionAnthropic is broadening its revolving credit facility past the initial target to prepare for its much-anticipated initial public offering. ...
China's Baidu, betting on AI, posts fifth straight quarterly revenue dropRevenue during the second quarter of the year came to 31.3 billion yuan ($4.6 billion), an unaudited financial report showed, a 4% year-on-...
Is market heading towards a big AI crash like the dot-com crisis? Here's what European Central Bank predictsThe European Central Bank warns that an AI market correction on Wall Street is likely, citing historical tech bubbles like the dot-com era....
How Trump and his family are profiteering from Chinese AI which his administration labels as dangerous for the USAmid increasing scrutiny, the Trump family's business dealings with Chinese AI companies come into the spotlight. The partnership between W...
High tech, but low trust: Agentic tech meets old-school scepticism at AI checkoutAI’s ecommerce ambitions are hitting a reality check as trust and changing buying habits are holding back chatbot-led commerce, writes Swat...
Anthropic revenue run rate tops $65 billionThe AI startup's latest revenue run rate - a metric that projects annual performance by extrapolating current sales levels - was up from ...
IT leans on model FinOps workstreams as scaling AI costs strain enterprise budgetsThe shift comes as enterprises turn AI usage into a recurring business expense and make cost and value management a larger part of AI trans...
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast: ReportWall Street is currently assessing Anthropic's valuation in light of its anticipated revenue growth for the upcoming IPO. The AI company fo...
India’s AI app race heats up as Claude surges and Gemini closes in on ChatGPTClaude's downloads and spending in India surged significantly in the June quarter. ChatGPT continues to dominate consumer spending on AI ap...
Josh Kushner’s Thrive Fund grows sevenfold to $3.7 billion on AI betsThe letter highlights an investing strategy that Thrive pioneered in the venture capital industry: concentrating on a small subset of compa...
Jane Street took $15 billion hit in July tied to Situational Awareness, AI selloff, sources sayIn July, Jane Street suffered a staggering $15 billion loss amid a challenging AI-driven stock market downturn. Despite this setback, the f...
Nvidia’s $500 billion plan envelops Wall Street in its AI frenzyNvidia has unveiled a major financing initiative aimed at supporting artificial intelligence chip acquisitions. By collaborating with promi...
Goldman in talks with investors on Nvidia financing deal after landing prized roleNvidia announced on August 10 it has partnered with six major financial institutions including Goldman to launch compute platforms aimed at...
Apple trains its own AI model for China market with Alibaba's supportThe AI model was developed in partnership with Alibaba Group and trained with the Chinese tech giant's support, the people said, declining ...
Goldman Sachs taps investors for Nvidia’s $500 billion AI financing pushGoldman Sachs is negotiating with investors for Nvidia's massive AI financing initiative. U.S. insurers and money managers will likely form...
AI startup Cognition in new funding talks at $40 billion valueCognition would be expected to raise over $1 billion in the round, Bloomberg reported. The company may still decide not to raise capital, o...