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AI INVESTMENT PROJECTIONS
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecastAnthropic is projecting 2028 revenue of roughly $190 billion to $200 billion, according to two people familiar with the company's financial...
Anti-rowdy squad to be set up in Bengaluru: Karnataka CM DK Shivakumar announces AI university, major projectsKarnataka Chief Minister DK Shivakumar announced a series of initiatives on Independence Day, including an anti-rowdy squad in Bengaluru, t...
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources sayAs Anthropic prepares for its initial public offering, Wall Street is keenly evaluating the company's worth through the lens of its project...
US to tell partners they must pick sides in AI race with ChinaThe US is preparing to ask countries to choose between its Pax Silica AI framework and China’s competing initiative, Reuters reported. Wash...
Nvidia scales back funding guarantee for Ohio OpenAI data centre: WSJAccording to the report Nvidia and OpenAI are nearing an agreement, with the chipmaker expected to provide a financial backstop only for th...
Jefferies’ Chris Wood spots a hidden risk in Big Tech’s $165 billion AI capex raceBig Tech’s AI capex surge is putting pressure on free cash flow, with Microsoft, Amazon, Alphabet and Meta spending $165 bn in Q2 against j...
AMD looks to raise $4 billion to $5 billion in debt offering, source saysAdvanced Micro Devices is looking to raise between $4 billion and $5 billion in a debt offering, a source familiar with the matter said...
Strong majority of Japanese firms have yet to fully embrace AI: Reuters pollAbout 60% of respondents said AI is being used only in some parts of their companies or in other limited ways. Another 18% said they have n...
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...
AI in this decade is what digitsation was in the last: RBI governorBanks must understand artificial intelligence deployment for future success. AI can enhance financial inclusion and improve existing public...
Bank of America to deploy $250 billion for US digital, infrastructure projectsBank of America plans to invest $250 billion in American infrastructure projects. This initiative will support digital and energy infrastru...
Rapid7 cuts 12% of workforce as it invests more in AI tools; CEO says it is a ‘good company ready to be great’Rapid7, a notable player in cybersecurity, has announced a workforce reduction of around twelve percent as part of its strategic shift towa...
Samsung aims to train 20,000 youths in AI in IndiaThis will be carried out under the 2026 edition of Samsung Innovation Campus (SIC), the flagship CSR programme dedicated to equipping young...
AI township: Farmers offering land, says CM Shivakumar in a counter to KumaraswamyFarmers near Bidadi have offered their land for the proposed AI township project. This development occurred despite opposition from JD(S) a...
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...
Cement, bricks and AI: India's $650-billion real estate industry has a new formulaArtificial intelligence is transforming India's real estate sector beyond customer interactions. Developers now use AI for crucial decision...
Firmus nearly doubles valuation to over $10.5 billion in 4 months with Nvidia-backed fundraiseFirmus secured two billion dollars in equity funding this week. This investment brings the company's valuation to over ten point five billi...