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Hari Menon exits BigBasket; Sarvam cofounder on fresh fundingBigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.- 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...
- 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...
- DeepSeek slated to draw $7 billion in maiden fundraising, sources sayThe fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and...
- Nvidia launches PC chip to bring AI directly to personal computers"Microsoft and Nvidia are going to reinvent the PC. This is going to be the new PC," said Jensen Huang, chief executive of the US tech gian...
- China expands travel curbs to top AI talent at private firmsChina is now restricting top AI professionals in private companies from traveling abroad. This move aims to protect its advanced technology...
- Microsoft CEO Satya Nadella 'proud' of profit-making OpenAI investmentMicrosoft CEO Satya Nadella testified in Elon Musk's lawsuit. Musk claims OpenAI betrayed its nonprofit mission. Nadella expressed pride in...
- Microsoft boss Satya Nadella to testify on his role in OpenAI's foundingMicrosoft CEO Satya Nadella is expected to take the stand Monday in Elon Musk's lawsuit against OpenAI, to explain emails that revealed how...
- DeepSeek could be valued at up to $50 billion in first fundraising: SourcesChinese AI firm DeepSeek is seeking a massive valuation of up to fifty billion dollars in its first funding drive. The company aims to rais...
- The rapid embrace of AI in China, its biggest testing ground, may shape how AI is used globallyChina is rapidly adopting artificial intelligence tools. Ordinary citizens and businesses are using AI for daily tasks and work. Chinese co...
- China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
- Blocking of Meta's AI startup buy raises risk for cross-border China tech dealsChina has blocked Meta's acquisition of AI startup Manus. This move signals increased risk for global investors in advanced tech firms link...
- How China block of AI deal could stop 'Singapore-washing'China has blocked Meta's acquisition of Singapore-based AI firm Manus, signaling a crackdown on "Singapore-washing." This move, aimed at pr...
- In blocking Meta-Manus’ $2 billion AI deal, China is trying to stem brain drainChina's NDRC has blocked Meta's $2 billion acquisition of AI firm Manus, citing "laws and regulations." This move signals Beijing's intent ...
- RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
- After tariff wars, Trump is opening a new front in US-China rivalryThe US accuses China of stealing AI intellectual property, escalating the tech rivalry beyond tariffs. This move, potentially impacting chi...
- Waiting for DeepSeek: new model to test China's AI ambitionsDespite reports and rumours about its imminent release, DeepSeek's next-generation "V4" model is nowhere in sight. Speculation is also swir...
- DeepSeek founder Liang Wenfeng becomes an overnight sensation in China, labeled as a genius, an AI hero of Guangdong, and a great godChina is currently labeling DeepSeek AI founder Liang Wenfeng as a 'genius' for bringing in a major rout at the US stock market after the l...
- World’s richest people lose $108 billion after DeepSeek selloffThe world’s top 500 wealthiest individuals faced a combined loss of $108 billion due to a tech-led selloff initiated by Chinese AI develope...
- DeepSeek R1: A guide to using the Chinese ChatGPT rival on PC and MobileDeepSeek, an AI model developed by a Chinese startup, delivers performance comparable to ChatGPT while providing cost-effective solutions a...
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