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Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.- Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
- Meta AI chief sees opportunity in models’ giving health adviceThe 29-year-old founder of data-labeling startup Scale AI joined Meta after Chief Executive Officer Mark Zuckerberg overhauled his company’...
- Silicon Valley’s South Park Commons ramps up India deeptech pushSouth Park Commons is increasing its focus on India's deeptech sector, shifting investments beyond traditional software to areas like semic...
- Indian corporations poised to become large brand owners in US: Oyo founder Ritesh AgarwalIndian companies are poised to become significant brand owners in the United States. This shift will enhance India's global influence beyon...
- Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...
- South Korea stocks gyrate as top aide floats AI ‘dividend’South Korea is considering a 'Citizen Dividend' from AI profits. A top policymaker proposed using excess tax revenue to benefit all citizen...
- South Korea’s radical 'AI dividend' proposal: A bold future or a market nightmare?South Korea is discussing sharing the wealth generated by artificial intelligence. A government official suggested distributing AI profits,...
- Meta lifts capital expenditure forecast, doubling down on AI pushMeta Platforms is significantly increasing its capital expenditure forecast to between $125 billion and $145 billion by 2026, doubling down...
- 80 seconds of big tech earnings will decide stock market’s fateInvestors await earnings reports from Alphabet, Meta, and Microsoft after trading ends Wednesday. These tech giants' results will guide mar...
- Meta to backtrack acquisition of AI firm Manus after China block: reportMeta is reportedly reversing its acquisition of AI startup Manus. China has banned the deal, citing national security. The AI agent was fou...
- China orders Meta to unwind $2 billion buy of AI startup ManusChina's top economic planner has blocked Meta's acquisition of AI startup Manus, citing a prohibition on foreign investment in the project....
- When 'I' meets AI: Tech elite's wealth adviser turns multibillion-dollar force in AI frenzyIconiq, a private wealth manager for global elites, is now a major force in venture capital. The firm is making substantial bets on AI star...
- Iconiq, go-to wealth adviser for tech’s elite, is putting billions into AIIconiq is expanding aggressively into venture capital, investing billions in AI startups like Anthropic. Leveraging elite global networks, ...
- Anthropic, Cursor backer Accel raises $5 billion for big AI betsVenture capital firm Accel has raised $5 billion in new funds, with $4 billion dedicated to its fifth Leaders fund for late-stage AI startu...
- Chinese business hired lobbying firm with ties to Donald Trump Jr, then scored a win in WashingtonA U.S. startup's bid to remove a Chinese investor from its board was rejected by a national security watchdog. A lobbying firm connected to...
- From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand boomsTech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $...
- Ankur Warikoo shares 3 movies that will teach more than an MBA degree. He shares his picks that teach real career lessonsEntrepreneur Ankur Warikoo highlights three films offering crucial career lessons beyond MBA programs. 'The Pursuit of Happyness' demonstra...
- Facebook eyes Indian startups for investmentsFacebook’s search for investments is “sector agnostic”, and thus it is open to look at younger companies across business categories, said I...
- Facebook to invest in tech startups in IndiaThe two-day event is being organised by the KSUM in association with IAMAI.
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