SoftBank seeks another $10 billion loan for OpenAI stake fundingSoftBank is seeking a $10 billion loan, as it looks for more funding to help refinance debt used for its investment in US tech giant OpenAI...
28 Aug, 2026, 04.31 PM IST
ESDS Software raises Rs 216 crore from anchor investors ahead of IPO; Quant MF among top buyersESDS Software Solution raised Rs 216 crore from anchor investors ahead of its Rs 720 crore IPO, opening August 28. Priced at Rs 408-429, th...
27 Aug, 2026, 09.40 PM IST
Hitachi Energy India, GE Vernova, other power capex stocks rise up to 5%. Two reasons behind the surgePower capex stocks such as Hitachi Energy India, GE Vernova, TD Power and CG Power witnessed an uptick on Thursday, tracking Nvidia’s stron...
27 Aug, 2026, 11.19 AM IST
Freight marketplace TrucksUp raises $8.2 million to scale technology, fleet solutionsTrucksUp operates a digital marketplace that connects truck owners with businesses that need to move goods across India. The platform lets ...
27 Aug, 2026, 06.00 AM IST
Ringg AI raises $10 million in funding from Peak XV Partners, othersFounded in 2023 by Siddharth Tripathi, Kali Charan Vemuru and Utkarsh Shukla, the startup counts Policybazaar, CRED, Flipkart, Groww and Pr...
26 Aug, 2026, 07.43 PM IST
SoftBank mulls up to $20 billion bond sale for OpenAI financingSoftBank Group is in talks with investment banks about a potential $10 billion to $20 billion bond offering to help refinance a loan for it...
26 Aug, 2026, 05.32 PM IST
AI adoption surges in Asia as companies set up new hubs in Singapore, IndiaAI and generative AI investment in Asia is projected to reach $175 billion by 2028. Many employees across Asia-Pacific already use AI at wo...
26 Aug, 2026, 03.47 PM IST
From 100,000 calls a month to 5 million a day: Inside Vobiz’s AI telephony betFounded by Suman Gandham and Vikash Srivastava, Vobiz is betting that the rise of AI voice agents will require a telecom layer built for ma...
26 Aug, 2026, 03.22 PM IST
AI data centre firm AMI orders 9,000 Nvidia Vera Rubin chipsAM Intelligence (AMI), promoted by Greenko founders, has ordered 9,000 Nvidia Vera Rubin chips as it builds a 5GW global data centre networ...
26 Aug, 2026, 06.00 AM IST
AM Intelligence orders 9,000 Nvidia Vera Rubin GPUs for Hyderabad AI factoryThe order comprising 9,000 Vera Rubin NVL72 rack-scale systems is scheduled for delivery in the first quarter of 2027 and will power the fi...
25 Aug, 2026, 01.03 PM IST
Trump-linked RUM Group signs $13.7 billion AI deal with US-based cloud clientUnder the deal, the customer will get access to GPUs and related services from RUM Group's Maysville, Georgia site, which is currently un...
24 Aug, 2026, 06.18 PM IST
AI startup Hugging Face exploring sale valuing it at $13 billionAI startup Hugging Face has been exploring a sale that could value the company at $13 billion or more, Business Insider reported on Sunday,...
24 Aug, 2026, 04.46 PM IST
Global Market: Alibaba shares slide after $10.2 billion share placement to fund AI expansionAlibaba shares fell as much as 10% after the company launched a $10.2 billion share placement to fund AI expansion. The discounted offering...
24 Aug, 2026, 10.09 AM IST
Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AIAlibaba said on Sunday its HK$80 billion ($10.21 billion) share placement finalised at HK$112.70 apiece - an 8.4% discount to its Friday cl...
24 Aug, 2026, 08.02 AM IST
ET WLF: India's growth story holds firm as AI boom redirects global capitalGlobal capital is temporarily drawn to massive US AI investments. India's long-term growth prospects remain strong despite this shift. Demo...
24 Aug, 2026, 01.10 AM IST
VCs becoming marginal in AI cycle, enterprises should invest in the sector: Peak XV’s Shailendra Singh“Every large enterprise should be investing in AI,” Singh said at The Economic Times World Leaders Forum in New Delhi. Pointing to HCLTech’...
23 Aug, 2026, 04.45 PM IST
Alibaba proposes $10 billion share placement to fund global AI driveThe Hangzhou-based firm has been ploughing tens of billions of dollars into AI, with its shareholders eager to see how it will monetise the...
23 Aug, 2026, 04.38 PM IST