Voice AI firm ElevenLabs tops $500 million ARR; announces additional fundingVoice AI startup ElevenLabs has announced its annual recurring revenue has surpassed $500 million in early 2026. The company also secured a...
In 1994, Jeff Bezos Quit Wall Street: Started Selling Books Online and Built Amazon Into One of the World’s Most Powerful CompaniesLeaving Wall Street, Jeff Bezos saw immense potential in the burgeoning internet, launching an online bookstore from a garage. Despite earl...
Hedge fund launched by Instacart cofounder Apoorva Mehta has AI call shotsInstacart cofounder Apoorva Mehta launched Abundance, a hedge fund utilising thousands of AI agents to independently manage trades, researc...
Microsoft backs Anthropic despite US 'supply-chain risk' labelMicrosoft said it will continue to deploy Anthropic’s AI models in its products. The need for the confirmation comes after the AI major’s d...
Top hedge funds led by D.E.Shaw, Bridgewater and Balyasny deliver big gains in 2025Major multi-manager hedge funds like D.E. Shaw, Bridgewater Associates, and Point72 Asset Management achieved significant double-digit gain...
Hedge funds deliver double-digit returns in 2024In 2024, hedge funds achieved strong double-digit returns. They made gains from market volatility, changes in central bank policies and the...
Financial services firm Arcesium sets up office in BengaluruThe Bangalore office is India's second and fourth worldwide for Arcesium. The expansion comes as the company supports the rapid growth of i...
IIT Roorkee placements: Microsoft top recruiter, highest package at Rs 1.5 croreThe highest salary in domestic was at Rs 47 lakh and the international package offered was Rs 1.5 crore.
India witnessing 'jobless' growth: Kiran Mazumdar-ShawBiocon was rated among the world's top 10 employers in the biotechnology industry by an international science magazine last month.
Future jobs to be driven by digital tech: Kiran Mazumdar-ShawAutomation itself would create large job opportunities in the IT space where there is likely to be an explosion of automation software deve...
- RIL-DE Shaw joint venture to focus on crude, forex trading
Last year in March, Reliance and D E Shaw announced the formation of a joint venture for financial services business.
- DE Shaw accuses Amar Ujala of reneging on commitments
US-based hedge fund DE Shaw and the Maheshwari family, that owns Amar Ujala newspaper, are engaged in a spat over the fate of the hedge fun...
- RIL to enter financial services biz, floats JV with DE Shaw
The JV will incorporate Shaw group's investment & technology expertise with Reliance's operational knowledge and extensive presence across ...
- DLF in demand on stake sale plans; stock up 5%
Shares of realty major DLF were in demand after company’s founders announced plans to sell 168 million shares, or nearly 10 per cent of the...
- Biocon to hive off R&D to a new co, to set up tablet mfg unit
Biocon plans to hive off its research and development activity to a separate entity as a part of its focus on innovations.
- UTI Ventures exits Excelsoft, earns 50 times its investment
In one of the biggest exits by a private equity firm in India, UTI Ventures has made 50 times its investment by selling its 35.5% stake in ...
- Bhagyanagar Metals to develop IT park in Hyd
Bhagyanagar Metals Ltd has decided to develop an IT park/ housing township in Hyderabad and will purchase 25 acres of land for Rs 118 crore...