DeepSeek’s Liang Wenfeng tops Dario Amodei and Greg Brockman as richest AI founderLiang is now worth $36 billion, up from about $16.7 billion previously, according to the Bloomberg Billionaires Index. That ranks him well ...
14 Jul, 2026, 12.01 PM IST
ETtech Explainer: How the Meta-Manus deal came apart, and Tencent moved inChinese regulators ordered Meta to reverse its $2 billion acquisition of the company. Tencent is working with Manus' early investors, inclu...
10 Jul, 2026, 06.27 PM IST
China's DeepSeek developing its own AI chipThe chip is designed for inference - the stage of AI computing in which a trained model generates responses for users - rather than for tra...
07 Jul, 2026, 04.23 PM IST
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.
16 Jun, 2026, 07.39 PM IST
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...
16 Jun, 2026, 11.45 AM IST
China’s Moonshot AI seeks $30 billion value in new funding talksThe developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the m...
08 Jun, 2026, 08.57 AM IST
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...
03 Jun, 2026, 09.46 AM IST
Kimi chatbot maker Moonshot AI valued at $20 billion in Meituan-led roundMoonshot AI has secured approximately $2 billion in its latest funding round, propelling its valuation to over $20 billion. This significan...
07 May, 2026, 01.56 PM IST
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...
06 May, 2026, 08.52 PM IST
China's Zhipu AI raises $137 million as state funds bet on AI raceThe Beijing-based startup said it would use the funds to enhance its GLM large language model and expand its AI ecosystem, with a focus on ...
03 Mar, 2025, 10.07 AM IST
Local VCs reviewing funding playbook on DeepSeek’s big surgeThe launch of China's DeepSeek LLM sparks debate on AI funding in India. Experts foresee smaller seed rounds, capital-efficient scaling, an...
20 Feb, 2025, 06.00 AM IST
Govt may red flag DeepSeek; The B2B payments comebackHappy Tuesday! The government plans to warn users about DeepSeek over data privacy and cyber security risks. This and more in today’s ETtec...
11 Feb, 2025, 07.46 AM IST
Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
01 Feb, 2025, 07.07 AM IST
SoftBank in talks to lead OpenAI funding round at $300 billion valuationSoftBank has offered a term sheet that would value OpenAI at a pre-money valuation, meaning the valuation without the funding of the curren...
31 Jan, 2025, 08.13 AM IST
SoftBank in talks to lead OpenAI funding round at $300 billion valuation, sources saySoftBank Group is negotiating to lead a $40 billion funding round for AI developer OpenAI, which could value the company at $300 billion. T...
31 Jan, 2025, 07.40 AM IST
AI dragons are here; Indian cities & data centre boomHappy Thursday! Days after DeepSeek rattled the world, Alibaba enters the AI race with its new and low-cost Qwen 2.5 model. This and more i...
30 Jan, 2025, 07.36 AM IST
DeepSeek under the scanner; BrowserStack’s US winFollowing its meteoric rise, DeepSeek now faces allegations of intellectual property misuse. This and more in today's ETtech Top 5.
29 Jan, 2025, 07.38 PM IST