Hon Hai to direct 2026 capital expenditure toward global AI expansionTaiwan-based Hon Hai Precision Industry Co. announced that its capital expenditure for 2026 will focus on expanding artificial intelligence...
13 Aug, 2026, 10.46 AM IST
Accel raises $3.5 billion to invest in emerging global AI startupsThe firm, which has backed artificial intelligence companies including Anthropic, Cursor and Perplexity, has raised four separate funds ded...
12 Aug, 2026, 09.19 PM IST
AI code review platform CodeRabbit valued at $1.5 billion in latest funding roundInvestors were betting that the rapid adoption of AI coding tools and vibe coding would increase demand for software monitoring and code ...
12 Aug, 2026, 08.32 PM IST
Silicon Valley’s South Park Commons bullish on India's deeptech spaceAditya Agarwal, managing partner at SPC, and Prateek Mehta, general partner-India, told ET in an exclusive interaction that the firm is see...
12 Aug, 2026, 11.14 AM IST
Accel raises $550 million for India, keeps early-stage focus as AI reshapes deal flowThe Silicon Valley-headquartered VC firm is betting on India’s IPO-led liquidity opportunity. Accel aims to invest early and help companies...
12 Aug, 2026, 07.40 AM IST
Accel’s $550 million India fund; South Park Commons bets on deeptechHappy Wednesday! Venture capital firm Accel has raised its ninth India fund. This and more in today’s ETtech Morning Dispatch.
12 Aug, 2026, 07.32 AM IST
PayU India CEO on MDR; Qcomm’s festive hiringPayU India CEO Anirban Mukherjee has backed a simple pricing model for UPI charges. This and more in today's ETtech Top 5.
11 Aug, 2026, 08.48 PM IST
XAI cofounder's startup River AI raises $1.1 billion to expand custom AI toolsRiver AI said it is betting that enterprise AI will shift from companies using general-purpose models from large labs to customizing and o...
11 Aug, 2026, 08.15 PM IST
Lightstorm secures ₹2,500-cr debt for AI fibre networkLightstorm secured a Rs 2,500 crore debt facility from IndusInd Bank for AI fibre highways. This funding will support the company's AI infr...
11 Aug, 2026, 06.49 PM IST
OpenAI buys back $7 billion of employee shares in tender offerThe ChatGPT maker bought back shares from current and former employees rather than tapping outside investors for the tender offer. The deal...
11 Aug, 2026, 03.25 PM IST
Vecton AI raises Rs 6 crore in pre-seed funding led by Zeropearl VC to help financial institutions with AI transformationThe investment will strengthen Vecton's transformation model, enabling financial institutions to accelerate enterprise AI adoption and unlo...
11 Aug, 2026, 02.10 PM IST
25-year-old hedge fund manager who lost $35 billion in a month eyes fresh capital after AI stock selloffLeopold Aschenbrenner’s AI-focused hedge fund, Situational Awareness, lost around $35 billion in weeks after leveraged bets on AI stocks tu...
11 Aug, 2026, 01.54 PM IST
Aswath Damodaran shares 3 lessons investors can learn from rise and fall of Leopold Aschenbrenner's AI fundAswath Damodaran has shared three lessons investors can learn from the rise and fall of Leopold Aschenbrenner’s AI-focused hedge fund, Situ...
11 Aug, 2026, 01.15 PM IST
High AI stakes push Indian VCs to rejig funding playbooksAverage investments in AI startups have increased to $3-5 million at the seed level and upwards of $10 million in Series A rounds, said inv...
11 Aug, 2026, 06.00 AM IST
Jungle Ventures lifts India allocation to 70%, directs new bets to AI, manufacturingFounded by Amit Anand and Anurag Srivastava in 2012 with a $10-million debut fund, Jungle typically prefers main funds of about $400 millio...
10 Aug, 2026, 10.35 AM IST
India stages a comeback as AI trade gets crowded: What fund flows revealAs global investors crowd into AI-linked markets in South Korea and Taiwan, India is re-emerging as an anti-AI portfolio diversifier. Moder...
09 Aug, 2026, 05.01 PM IST
Parag Parikh Flexi Cap current underperformance not noteworthy; cash at 14-15%, HDFC Bank outlook unchanged: Rajeev ThakkarPPFAS Mutual Fund CIO Rajeev Thakkar said the recent underperformance of Parag Parikh Flexi Cap Fund is neither unusual nor significant. He...
08 Aug, 2026, 03.53 PM IST