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AI STARTUP SHUTDOWN
Tata Electronics' $30 billion fab bet; Ather's Q4 revenue surgeTata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...- Kabeer Biswas’s concierge startup 'M' raises Rs 102 crore from Peak XV, Blume, CredKabeer Biswas, Dunzo cofounder, has launched a new AI concierge startup named M. The company secured Rs 102 crore in funding from Peak XV P...
- Brain drain at OpenAI: 3 top leaders leave in a single day—Sora ends, billions lost despite AI boomOpenAI sees three top executives leave on the same day. This follows the company's decision to close experimental projects like Sora, its A...
- Can AI fix your credit score? Krutrim shuts down assistant KrutiHappy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...
- A16z-backed Yupp AI shuts down operations; here is whyLaunched for public use in June last year, Yupp was a free-to-use platform that provided users with response options generated by over 500 ...
- Lightspeed’s Ravi Mhatre & Bejul Somaia on India’s AI opportunity; The rise of NSFW appsHappy Monday! Lightspeed’s top brass has laid out the firm's AI thesis for India. This and more in today’s ETtech Morning Dispatch.
- Japan's Nikkei retreats as traders take profits after tech rallyJapan's Nikkei index reversed early gains, closing down 0.14% as investors cashed in on a tech rally. While AI shares initially surged, pro...
- Winners of The ET Startup Awards 2025 to be feted todayHappy Friday! The who's who of the startup ecosystem will come together in Bengaluru today to honour the winners of The Economic Times Star...
- Navan IPO share price: Why is U.S. Initial Public Offering Market down? Analysts predict which companies may have best shot at successNavan's shares were indicated to open 7 per cent above their initial public offering price on Thursday, after the travel technology company...
- Travel tech firm Navan set for Nasdaq debut after $923 million US IPOMomentum in the U.S. IPO market, which had picked up pace in the second half of the year after a years-long lull, stalled at the start of O...
- PayPal's UPI push; OpenAI's circling concernsPayPal bets on UPI in India comeback. This and more in today's ETtech Top 5.
- Tesla chief Elon Musk redirects AI talent after Dojo shutdownAfter Dojo’s shutdown on August 7, employees have been redistributed across different teams within Tesla. This change follows about 20 peop...
- SoftBank poised to invest $40 billion in OpenAI, valuing AI giant at $260 billion; how will it fuel Trump’s 'Stargate' initiative and the future of AI?SoftBank is preparing to invest $40 billion in OpenAI, valuing the artificial intelligence company at $260 billion, according to sources. T...
- Venture capital funding in crypto rises to $2.4 billion: PitchBookFunding was spread across 518 deals and rose by 40.3% from the previous quarter, according to data firm PitchBook. Global venture capital i...
- 40% of VC-funded US unicorns valued below $1 billion in secondary marketsAileen Lee, cofounder of seed venture capital firm Cowboy Ventures said more startups are likely to join the club where unicorn valuations ...
- Local SaaS firms under the thumb to retool for artificial intelligenceAt least half a dozen investors ET spoke to said it will be crucial for early-stage software companies to showcase how they are leveraging ...
- Layoffs and emerging opportunities in the field of technologyThe technology sector in India has seen three types of layoffs in 2022 and 2023, including major layoffs at well-funded startups due to fun...
- SVB collapse: US regulators to protect all depositorsBanking regulators said on Sunday evening that depositors at Silicon Valley Bank (SVB), which was shuttered Friday, would have access to th...
- AI co Detect bags $28 million funding from Prosus, othersThe Software-as-a-Service (SaaS) platform, Detect plans to utilise the funds to further expand and strengthen its sales and operations in N...
- COVID pandemic brings focus back on climate change start-ups for venture capital firms: PwCMany venture capital firms could now be scouting to invest in startups that are focusing on providing solutions around environment and clim...
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