Yotta Data Services is reportedly seeking $1 billion from global and domestic funds, aiming to sell a 25-30% stake at a $3 billion valuatio...

Governments are exploring ownership stakes in leading AI firms like OpenAI and Sarvam AI, signaling a shift in viewing artificial intellige...

The Magnificent Seven are underperforming as investors question whether massive AI spending will generate adequate returns. With $2.3 trill...

The proposed arrangement would involve other U.S. AI companies handing over a similar stake to ⁠the government, The Financial Times reporte...

To make lenders more comfortable, the Japanese technology investor is offering to guarantee repayment of the loan, giving banks recourse to...

AI chip startup OXMIQ, founded by former Intel executive Raja Koduri, has secured $35 million in Series A funding. The company aims to demo...

The report, published by the Independent International Scientific Panel on AI, which was established by the UN General Assembly last year a...

Indian VC firms are facing their hardest fundraising year in a decade as LPs tighten filters and demand cash returns. This and more in toda...

Data from market intelligence firm PitchBook, reviewed by ET, shows Indian VCs have raised just $820 million across 32 funds as of mid-June...

Fitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...

Founded by Arhan Singhal (18), an artificial intelligence student at the University of Pennsylvania, and Sarthak Ahuja (19), a computer sci...

Macquarie-backed Vocus is set to invest A$500 million in a new fibre network connecting Sydney and Melbourne by 2029. This pioneering ducte...

Announced by Palihapitiya on Monday, the round also drew participation from WNDR, Craft Ventures, The Production Board, and LAUNCH, along w...

If completed at the current terms, the round will mark a sharp re-rating for the company less than a year after it raised $15 million from ...

The Italian tech company Domyn plans to unveil an extensive, fully open-source AI model in less than a year, putting it on track to compete...

Amazon CEO Andy Jassy met PM Narendra Modi, announcing a significant $13 billion investment to bolster AI and cloud infrastructure in India...

The central government could end up with a 1-2% stake in AI startup Sarvam, valued at $1.5 billion, as part of its $300 million funding rou...