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AI MARKET COMPETITION
Social gaming platform Matiks raises $10 million in funding led by General CatalystThe startup will use the fresh capital to expand internationally, invest in new games and social experiences, and launch an artificial inte...
Anthropic IPO: Rising costs, risks, rapid growth mark AI frontrunnerAnthropic, established by ex-OpenAI researchers, is gearing up for an anticipated entry into the stock market in the United States. The org...
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...
Anthropic unveils its US IPO filing; puts AI ambitions, costs in spotlightThe prospectus highlights Anthropic's rapid growth over the past year, fueled by Big Tech's breakneck spending that has driven a rally in A...
Sinking profits turn China’s $3.5 trillion rout into trapChinese stocks are experiencing a significant selloff resulting in a loss of $3.5 trillion since May. Increased competition and declining d...
Eloelo in talks to raise $50-60 million at $400 million valuationThe potential funding follows a sharp expansion of Eloelo's micro-drama business, Story TV, which has helped lift annualised collections mo...
What kind of AI economy does India want to build?India's debate on regulating artificial intelligence is evolving and mostly focuses on copyright and economic incentives. Recent legal ruli...
Why US stocks are falling: Dow Jones crashes over 700 points as AI selloff, SpaceX fears hit marketsUS stocks experienced a decline as AI related shares continued to selloff significantly over the week. The Dow Jones Industrial Average fel...
AI stocks: Midterm elections could threaten AI trade as data center backlash growsPublic opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory sc...
Global Market: Anthropic presses ahead with November IPO as AI listings face delaysAnthropic is preparing for a potential mid-November IPO despite market volatility, rising interest rates and concerns over AI spending. Wit...
AI is rewriting the rules of investment for India's big-ticket playersPrivate equity investors in India are integrating artificial intelligence into their investment analysis and strategies. AI is being utiliz...
- Sentiment muted, but India story is unchanged: McKinsey's Kumra
India's investment appeal is currently being tested as global capital flows shift towards other regions. While private capital investors se...
- Anthropic IPO stands alone as AI market jitters sideline others
Anthropic plans to move forward with its initial public offering next month, navigating a challenging IPO landscape. While many companies i...
Anthropic IPO stands alone as AI market jitters sideline othersAnthropic's planned IPO will test whether its position at the center of the booming AI business, which the company is believed to deem wort...
Investors see risk from US midterms to AI trade as data center backlash buildsAs public criticism of data centers intensifies ahead of the US midterm elections, the implications for the AI sector and data center devel...
Meta raises AI spending forecast to $145 billion, plans new share issue; Q3 revenue beats estimatesMeta raised its 2026 capital expenditure forecast to $135 billion-$145 billion to accelerate AI expansion and announced plans for non-votin...
US Treasury yields slip as AI concerns boost safe haven demand ahead of 20 year auctionUS Treasury yields slipped as investors weighed the impact of higher borrowing costs on AI stocks, with the 10 year yield heading for a sec...
Eternal’s Q2 revenue jumps 78% on quick commerce growth; profit misses estimatesThe growth was driven largely by rapid expansion of the Gurugram-based company’s quick commerce business, which reported a 79% YoY increase...
Amazon says its AI chips will work with popular coding language, challenging NvidiaAmazon has unveiled TorchNeuron, a revolutionary tool that enables PyTorch code to be executed seamlessly on its Trainium AI chips. This in...
UK competition regulator targets Microsoft's business software gripBritain’s Competition and Markets Authority has proposed designating Microsoft with strategic market status over its business software, pot...