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Deepseek raises $15 billion in challenge to leading US labsChinese AI startup DeepSeek has raised about 100 billion yuan ($14.98 billion) in its latest fundraising round, Bloomberg News reported on ...- AI fear makes companies look powerful and helps them raise funds: Andrew NgIn an exclusive interview with The Economic Times Digital, Andrew Ng argues that the immediate challenge is to prepare people for work that...
- OpenAI seeks to accelerate fundraising ahead of Anthropic IPO, sources sayOpenAI is working swiftly to secure funds before Anthropic's anticipated public market debut in mid-November. The fundraising effort could ...
- Zetwerk IPO fully subscribed; Super.money triples revenuesZetwerk’s Rs 5,012-crore IPO was subscribed 3.06 times on Monday, the last day for bids. This and more in today’s ETtech Top 5.
- Even Healthcare raises $50 million, triples Series A valuationSilicon Valley-based Khosla Ventures, an early backer of ChatGPT maker OpenAI, first invested in the company in its $5-million seed round i...
- From shareholders to partners: How Google and Meta’s Jio investments evolved into an AI allianceMeta and Google, originally minority shareholders in Jio Platforms, are now forming strategic partnerships with Reliance. The new collabora...
- Investors temper Anthropic IPO valuation expectations over revenue growth slowdownSome investors who attended Anthropic's investor day on Wednesday in San Francisco discussed a valuation of around $1.5 trillion, three of ...
- Market selloff, rising rates test AI data centre deal boomA market selloff is forcing companies driving the global AI boom to delay fundraising plans or pay more for capital as investors demand pro...
- Origin raises $20 million to scale construction robots, targets 150 deployments by 2027The San Francisco and Bengaluru based company, which emerged from stealth, will use the capital to build out its robot fleet and conduct cu...
- IIT Kanpur launches $1-billion fundraising campaignIIT Kanpur has started a significant fundraising campaign named 'Greater Than Us' to raise $1 billion by March 2029. The campaign aims to s...
- Anthropic Q3 revenue surges 45% to $16.8 billion as AI startup gears up for $2 trillion IPOAnthropic reported a 45% increase in revenue for the third quarter, reaching $16.8 billion. The company's revenue for the first and second ...
- IIT Kanpur launches $1 billion fundraising campaignIIT Kanpur has launched the ‘Greater Than Us’ campaign aiming to raise $1 billion by March 2029. The campaign has already secured approxima...
- Speciality chemicals startup Scimplify raises $25 million to expand US operationsThe Bengaluru-based company plans to invest around $10 million over the next two years in the US, where it is looking to expand its presenc...
- SoftBank junk bond sale raises stakes for CEO Son's all-in AI betSoftBank's promise to pay its highest-ever yields in a record $11 billion junk-bond offering highlights the pressure on CEO Masayoshi Son t...
- UPI MDR rollout pushed; India’s first quantum computer coming soonHappy Wednesday! The implementation of MDR on select UPI payments has been deferred beyond Diwali. This and more in today’s ETtech Morning ...
- UPI MDR rollout delayed; Rs 7,131 crore RDI deploymentNPCI has pushed back the UPI MDR rollout until after the festive season. This and more in today's ETtech Top 5.
- HCL Tech sees revenue rebound, but AI deflation remains a concernHCL Technologies recorded a 2% increase in revenue during the September quarter, following two quarters of decline. The company secured new...
- AI startup Sarvam in talks for $300 million top-up; valuation may double to $3 billionThe startup builds Indian-language AI models and applications for government agencies and businesses, including banks and insurers. Its cus...
- SoftBank seeks $100 billion from Gulf states for AISoftBank Group Corp. is in discussions to raise up to $100 billion from Gulf investors for future AI investments. Founder Masayoshi Son has...
- Tencent mulls $5 billion bond sale to push AI ambitions: Bloomberg NewsTencent is exploring the possibility of raising as much as $5 billion through an offshore bond sale this month. This potential move comes o...
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