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AI STARTUP JAPAN INVESTMENT
Anthropic plans to sell $3.5 billion of shares to Japan investors in IPO, filing showsThe new shares issued to Japanese investors will go to raise working capital and fund operating expenses and capital expenditure, the filin...
Banks are safe; AI bubble is the risk for global markets: Julius Baer CEO Stefan BollingerStefan Bollinger highlights the potential risk of an AI bubble affecting global markets significantly. He notes that India's equity valuati...
Uttar Pradesh to launch state Quantum Mission, steps up push for AI and roboticsThe state of Uttar Pradesh is gearing up to launch a transformative Quantum Mission, poised to bolster its technology framework. By focusin...
Global Market: Bank of Japan achieves 2% inflation target after 13 yearsThe Bank of Japan declared its long-standing 2% inflation target achieved after more than 13 years, but kept its benchmark interest rate un...
Global Market: Japan's Nikkei falls 3% as AI spending concerns hit chip stocks; BOJ holds ratesJapanese shares fell sharply as concerns over the profitability of AI investments sparked a global technology sell-off. The Nikkei 225 drop...
Nvidia's web of AI bets: smart strategy or bubble risk?Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portfolio of stakes, loans and guarante...
Why big IT firms are buying stakes in AI startupsFrom HCLTech's $150 million investment in Indian AI startup Sarvam to Accenture's investment in Within, an enterprise AI company, IT firms ...
Cognizant eyes Sarvam stake; Ather aims for higher market shareHappy Wednesday! Cognizant has held discussions to invest in homegrown AI startup Sarvam. This and more in today’s ETtech Morning Dispatch.
Neocloud firm Argentum AI in talks for $5 billion AI chip financing, sources sayOne of the people said the money would pay for additional chips for the data center Argentum secured in Poland with DL Invest Group, and th...
AI startup Simplismart raises $14 million from Dallas Venture Capital, Nvidia as demand for inference growsAs enterprise adoption of AI models scales, companies are seeking more cost-efficient ways to operate AI tools. Simplismart, founded by for...
Who are the biggest investors backing Anthropic? A look at key stakeholdersAnthropic’s planned IPO is set to test public-market appetite for artificial intelligence companies. Backed by Amazon, Google, leading vent...
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...
Anthropic's top investors include Amazon, Google, Fidelity ManagementAnthropic is preparing for its initial public offering, supported by significant investments from Amazon and Google. The company's valuatio...
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...
Timeline: Anthropic's path from AI startup to industry-defining IPOAnthropic's IPO filing marks a significant step toward becoming the first public listing for a frontier AI lab. The company has raised a to...
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...
Exclusive: Unacademy founders Gaurav Munjal, Roman Saini plan Rs 700 crore AI, deeptech fundThe fund, named Longshot Capital, has secured commitments of about Rs 300 crore and is targeting its first close in January 2027, following...
As the US and China form AI blocs, countries are increasingly torn between themCountries like Kazakhstan are trying to balance between U.S. and China AI initiatives for technological gains. Indonesia has expressed inte...
Bank of Japan warns of risks from AI market shock, cyberattacks"If expectations regarding the profitability of AI-related investment were to decline, shocks could be amplified, mainly through portfolio ...
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...