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CORONAVIRUS IMPACT ON CHINA STARTUPS
PetroChina forecasts Chinese oil consumption will drop 4.9% this yearChina's oil use is set to decline in 2026. This shift comes as the nation embraces new energy sources and faces elevated oil prices. PetroC...- Bengaluru ranks 15th in Global Startup Index with $153 billion ecosystem valueBengaluru-Karnataka secured 15th place globally for startup ecosystems. The region attracted $39 billion in venture funding from 2021 to 20...
- Why the world is betting on China again, and what India must do about itChina's business environment prioritizes market share with strong government backing. The nation has shifted to high-quality, high-speed pr...
- AI startup Genspark valued at $2.6 billion in latest funding roundGenspark.ai secured $100 million in funding, valuing the company at $2.6 billion. This investment underscores strong investor confidence in...
- China to support IPOs by 'future industry' startups, large model companiesThe announcements came after China's top securities regulator vowed to "actively embrace" a new phase of technological revolution and indus...
- India’s AI revolution has a leaderboard; and the best products are competing for the top spotThe ET Most Innovative AI Product Awards 2026 recognises the startups, product teams, and enterprises building AI-powered solutions that ar...
- US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources sayDeepSeek, CXMT and other companies were approved by an interagency committee last year for addition to the Commerce Department's Entity Lis...
- U.S. held back blacklisting DeepSeek, over 100 Chinese firms despite security concerns, sources sayAmerica has delayed adding over 100 Chinese firms, including AI startup DeepSeek and chipmaker CXMT, to a trade blacklist. These companies ...
- Chinese social media firm Xiaohongshu taps Goldman, CICC to work on Hong Kong IPOChinese social media platform Xiaohongshu is preparing for a potential Hong Kong initial public offering. Banks including Goldman Sachs and...
- China's DeepSeek closes record $7 billion-plus funding with unusual deal structure: ReportChinese Artificial Intelligence lab DeepSeek has closed its first funding round that raised more than 50 billion yuan ($7.40 billion) und...
- HCL Tech shares jump 3% after buying stake in Sarvam AI for Rs 1,427 croreHCL Tech share price gained 3% after i invested $150 million in Sarvam AI, India's largest AI startup, acquiring a 10.46% stake. This strat...
- Anthropic block marks US reversal, warning to Silicon ValleyAmerica has taken a significant step by blocking foreign access to Anthropic's top AI models. This move follows concerns about bypassing se...
- ByteDance in talks with China's Iluvatar CoreX to purchase AI chipsByteDance, the influential technology entity known for its innovative platforms, is reportedly in discussions to acquire AI chip technology...
- Fable 5 shock puts sovereign AI back on India’s agendaUS export controls on advanced AI models have spurred India's call for sovereign AI development. Industry leaders warn against reliance on ...
- PM Modi, French President Macron hold delegation-level talksPrime Minister Narendra Modi and French President Emmanuel Macron met in Nice, France. They jointly launched 'Bharat Innovates 2026', a thr...
- 'Shared ambition of reliable, open, safe AI': Macron at Bharat Innovates seeks ethical use of AIFrench President Emmanuel Macron urged against AI monopolisation and called for international cooperation, emphasising India and France's s...
- India's agriculture and water tech startups gain momentum, sustainability in focus: NasscomIndia's agri and water tech deeptech ecosystem is gaining momentum around commercialization as per a statement by Nasscom. These sectors st...
- SpaceX playbook set to fuel China's IPO ambitions but tech gap persistsIn China, the initial public offering was watched as a benchmark for a younger industry eager to go public. But the frenzy masks a fundamen...
- Kiran Mazumdar-Shaw shares drone cleaning video, asks startups: 'Where's your innovation?'Kiran Mazumdar-Shaw, Biocon founder, sparked debate by questioning startup innovation. She shared a video of a drone cleaning windows in Be...
- DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
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