Brazil's Itau agrees to buy AI startup NeoSpace for $589 millionIn a significant move to enhance its artificial intelligence capabilities, Brazilian lender Itau has agreed to acquire NeoSpace AI for 2.92...
26 Oct, 2026, 04.49 PM IST
Luis Ceze, a professor, turned his lab's project into a startup. Nvidia bought it, made him Vice President, and he kept teachingNvidia acquired OctoAI, a software startup founded in 2019, reportedly for $165 million. Following the acquisition, OctoAI was dissolved as...
26 Oct, 2026, 11.48 AM IST
Unacademy founders plan AI fund; Flipkart’s premium pushHappy Monday! Unacademy’s founders are raising a fund focused on AI and deeptech. This and more in today’s ETtech Morning Dispatch.
26 Oct, 2026, 10.25 AM IST
Goa aims to build innovation-driven AI ecosystem, announces return of tech conclave next yearAs part of these efforts, the Goa AI Tech Conclave, which concluded on Friday, will return in October 2027 to further strengthen the state'...
25 Oct, 2026, 03.46 PM IST
OpenAI acquired his startup in 2024. Now Alexander Embiricos leads a new AI productAlexander Embiricos spent five years building Multi, a collaboration app for software developers, before OpenAI acquired the startup in 202...
24 Oct, 2026, 06.31 PM IST
Meet Mahmoud Felfel and Hammad Syed, two Egyptian founders who built a text-to-speech tool; their voice AI startup was later acquired by MetaMahmoud Felfel and Hammad Syed are the founders of PlayAI. Both of them Egyptian entrepreneurs who had previously worked at Dubai-based cla...
24 Oct, 2026, 05.58 PM IST
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...
23 Oct, 2026, 01.39 PM IST
AI fear makes companies look powerful and helps them raise funds: Andrew NgIn an exclusive interview with The Economic Times Digital, Andrew Ng argues that the immediate challenge is to prepare people for work that...
22 Oct, 2026, 02.30 PM IST
Legal AI startup Legora raises $550 million at $8.8 billion valuation in Atreides-led roundThe round was led by Atreides Management. New investors, including Baron Capital, Capital Group, Fidelity Management & Research Company, Gl...
22 Oct, 2026, 09.48 AM IST
India's listed AI market could gain USD 100 billion from IPOs over next 5 years: Goldman SachsIndia's artificial intelligence sector is poised to contribute between USD 50 billion and USD 100 billion from forthcoming IPOs. Goldman Sa...
21 Oct, 2026, 03.01 PM IST
China's Moonshot AI to operate in Singapore, jobs post showsChinese AI startup Moonshot is expanding into Singapore, with a new sales role listed on the company's LinkedIn page this week.
21 Oct, 2026, 10.46 AM IST
AI startup Simplismart in talks to raise $40-50 million; valuation may tripleSimplismart, an innovative AI infrastructure startup, is in talks to secure between $40 and $50 million in funding, which could potentially...
21 Oct, 2026, 10.01 AM IST
AI startup ASI valued at $3 billion in latest funding roundArtificial intelligence startup ASI said on Tuesday it had raised $325 million in a funding round valuing the company at $3 billion, amid g...
20 Oct, 2026, 09.33 PM IST
Former Google CEO Eric Schmidt owns 1% stake in Anthropic: ReportIn its IPO prospectus seen by Reuters in September, Anthropic laid out a vision that AI will transform the global economy more profoundly ...
20 Oct, 2026, 08.22 AM IST
Nvidia wins fast-growing AI startup Modal for new central processorsModal, a cloud-computing startup that rents out computing power to AI developers, said it plans to start using Nvidia's new Vera central pr...
19 Oct, 2026, 09.07 PM IST
- MeitY-backed conclave explores AI applications in healthcare, assistive technologies
The conclave on "AI for Health & Assistive Technologies" was organised by Software Technology Parks of India (STPI), under MeitY, and the C...
19 Oct, 2026, 11.52 AM IST
India’s family offices bet on homegrown AI firms to gain groundIndia’s tech landscape is witnessing an influx of investments from family offices and wealthy individuals. Key players like Premji Invest a...
16 Oct, 2026, 08.22 AM IST