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Japan's Nikkei trims 2025 surge as tech stocks take a breatherJapan's Nikkei share gauge edged lower on the final trading day of 2025, dragged down by the technology sector that has been a key driver ...
Japan's Nikkei gauge trims 2025 surge as techs take a breatherJapan's Nikkei index saw a slight dip on Tuesday, with tech stocks leading the decline. Despite this, the Nikkei is on track for a signific...
Ecommerce tech startup Point AI raises $5.3 million in round led by Yali CapitalLip-Bu Tan of Intel Corp and Tremis Capital also participated in the round. The funds will be used to expand its market presence, refine it...
“It’s no longer a cost thing”: GCCs shift from support units to strategic value creatorsThe final round of Bosch Conversations in Bengaluru, in partnership with The Economic Times, highlighted the shift of GCCs from being opera...
Anthropic launches Claude Opus 4: AI Model includes 7-hour memory, Amnesia fixes — Is it better than OpenAI’s GPT-4.1?Anthropic has launched Claude Opus 4, its most powerful AI model. As per reports, Claude Opus 4 can push the boundaries of what AI can achi...
Japan's Rakuten to invest at least $100 million in India, increase hiring, top executive saysRakuten plans a significant expansion in India, investing at least $100 million and increasing its workforce by 8% to bolster its global op...
DNEG’s Brahma acquires Metaphysic, values company at $1.43 billionDNEG’s subsidiary Brahma has acquired AI-driven content creation company Metaphysic in a deal valuing Brahma at $1.43 billion. The acquisit...
7 in 10 Indian companies plan to cut costs to cope with market uncertainty: SurveyThe most popular cost-cutting measures amongst respondent businesses include automation and using AI and consolidating the technology stack...
AI experts’ sky-high salary demand stumps Indian companiesAccording to Mark Samlal of San Francisco-based Deel, a payroll and compliance provider, at least 132 companies looking to hire AI talent i...
ETtech Explainer: Here are nations at the forefront of GenAI innovationAccording to data science community platform Hugging Face, there has been a rapid influx of new LLMs, with hundreds being announced every w...
Health care, generative AI among major bets, in talks with Indian telcos for OpenRAN: Rakuten India CEOFrom around 100 employees in 2016, to housing 2000 people in its largest office outside Tokyo, the Indian arm of Rakuten, the Japanese tech...
MNCs to add 500 tech, services centres in India by 2026: NasscomGCCs are the tech and shared services centres of MNCs in India, and these are growing rapidly as global companies look for talent to help t...
Japanese etailer Rakuten opens group’s largest overseas office in BengaluruLocated at Cubbon Park, Rakuten - Crimson House Bengaluru is a 20-storeyed building with a capacity for housing over 3,000 employees.
Rakuten enters B2B space in India, launches SaaS product SixthSenseSixthSense, which will be available on a subscription model, will help provide end-to-end visibility of the entire IT environment, from dev...
India's ICT industry capable of developing 5G hardware, software architecture, says RakutenRakuten is expanding its research and development (R&D) footprint in India by doubling its workforce in Bangalore.
OpenRAN can open doors to new 5G world: Rakuten CTOOpenRAN enables hardware and software to be disaggregated, unlike conventional radio gears, allowing technology products from different sup...
Digital acceleration will continue over 18-24 months: Intel's Prakash MallyaIntel is working with both global and local companies to set up their infrastructure, said Mallya
View: Indian IT looking at new opportunities post Covid-19Stanford Professor, Nicholas Bloom’s research had indicated that work from home led to a performance increase of 13% and lower attrition an...
Bengaluru goes from technology capital to talent hub as e-tailers hunt for IT skillsAmazon has had executives working on global product development for more than 12 years in India, long before the 2013 launch of its marketp...
Germany's Kreditech gets $120 million from PayU for India PlayKreditech gives long-duration, large-ticket loans to consumers with lower purchasing power and uses its own technology to underwrite loans.l