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AI INDUSTRY FUNDING
AI giants' funding ambitions test Wall Street's appetite for riskThe heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificia...
byteXL strengthens leadership team to fuel AI and skilling pushbyteXL has appointed four senior executives across operations, business, strategy and finance as it prepares to scale its institutional net...
Oracle's Larry Ellison dismisses 'SaaS apocalypse' fears, says AI will make software betterSpeaking at Oracle AI World here, Ellison, the company's executive chairman and chief technology officer, rejected talk of a "SaaS apocalyp...
US stocks today: US stocks end higher as AI rally lifts Nasdaq ahead of Fed decisionUS stocks saw gains as renewed optimism about artificial intelligence lifted chipmakers while corporate earnings were evaluated. Although c...
The AI boom may transform the economy and still destroy capital, with stranded data centres and heavy investor lossesInvestments in artificial intelligence by major companies have significantly increased in recent years. The overall investment in other sec...
India to remain top of the Asian pie for AdventAdvent International has successfully raised $30 billion for its global buyout and mid-market funds. The firm plans to invest significantly...
AI halves drug discovery times, but =trial bottleneck remains a costly realityNovo Nordisk, Sanofi and Dr Reddy’s Laboratories are among the companies exploring applications ranging from drug discovery to laboratory a...
Is the AI boom real or a bubble? Nikhil Kamath asks Silicon Valley foundersThe artificial intelligence industry has attracted significant investments, reaching unprecedented valuation levels amid concerns. Discussi...
Meta eyes record $95 billion equity raise to fund AI expansionThe Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a...
Big Tech’s AI push faces a $1 trillion profit test, says UBSUBS Global Research indicates that major cloud companies must generate an additional $1 trillion in operating profits by 2031. They are exp...
From Carnegie to Claude: AI wealth could reshape philanthropyA wave of American wealth created by artificial intelligence companies could produce some of the largest charitable sums since the era of A...
Unacademy founders plan AI fund; Flipkart’s premium pushHappy Monday! Unacademy’s founders are raising a fund focused on AI and deeptech. This and more in today’s ETtech Morning Dispatch.
Goa Chamber of Commerce and Industry hails state's AI Policy 2026In a statement, GCCI president Pratima Dhond said the Goa AI Mission 2026 represented an important step towards building a technology-led e...
India's emerging sectors to drive capex, credit demand towards storage, semiconductors: ReportFinancing demand in India's emerging sectors is expected to shift towards battery storage, semiconductor packaging, green hydrogen projects...
Financing demand set to shift to emerging sectors like AI, semiconductors: ReportIndia’s emerging sectors are set to attract fresh bank financing over the next three to five years, with AI, semiconductors and defence lea...
Global Market: China's Lingjun Investment attracts $300 million from overseas investorsChina’s Lingjun Investment has raised at least $300 million from US and Southeast Asian investors as it resumes overseas fundraising. Stron...
Legal AI startup Legora raises $550 million at $8.8 billion valuation in Atreides-led roundThe round was led by Atreides Management. New investors, including Baron Capital, Capital Group, Fidelity Management & Research Company, Gl...
BlackRock expands AI push with new robotics ETF as investor enthusiasm coolsBlackRock has launched a new robotics focused ETF as investors become more selective about AI investments. The fund targets companies using...
OpenAI president urges AI safeguards as group he funds opposes regulationOpenAI's safety practices have been in the spotlight in recent months, after the company said a swarm of its AI agents escaped containment ...
Anthropic to commit 5% of its shares worth billions for public benefit. Who will gain from the money?Anthropic plans to commit 5% of its shares to a new public benefit fund that could be worth billions of dollars as the AI company grows. Th...