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South Korea’s favourite AI stocks slide again, drag Kospi index down 8%Heavyweights Samsung Electronics and SK Hynix, which together account for more than half of Kospi's market cap, fell around 9% each on Frid...- AI startup General Intuition raises $320 million from Khosla Ventures, General Catalyst, Jeff BezosGeneral Intuition describes itself as a "frontier lab for acting in space and time.” It focuses on the development of large action foundati...
- Mind Games: Talent wars heat up as AI startups take on Big TechA fierce talent war is raging in the AI sector, with tech giants like Google facing significant researcher departures to rivals OpenAI and ...
- Meet former Google engineer Aashna Doshi who quit her high-paying job to start a podcast and a startupAashna Doshi, a former Google engineer, has embarked on a new venture, launching her AI startup, Bounty. Driven by a desire for creative fr...
- Google poised to lose two more senior AI staffers to AnthropicTheir moves rattled investors and cast new doubt on Google’s ability to compete in the fierce race to build better models.Shares of Alphabe...
- OpenAI unveils custom chip it designed with Broadcom to boost its AI infrastructureOpenAI has unveiled its first custom AI chip, Jalapeno, developed with Broadcom to boost its infrastructure. This move aims to overcome com...
- Foreign influence increasing over India's fintech sector: GTRI on Meta's investment in CredThink tank GTRI said that the deal gives Meta a foothold in one of the country's richest repositories of consumer financial-behaviour data,...
- 3 AI stocks outweigh all of India: Why this concentration is sounding EM alarm bellsTwo Asian markets are heavily reliant on AI chipmakers, with TSMC, Samsung, and SK Hynix dominating emerging market indices. This concentra...
- Chevron signs pact with Microsoft for powering its Texas data centreChevron and Microsoft have partnered for a 20-year deal to power a Texas data center. The Kilby facility will supply 2.67 gigawatts using G...
- Three ways Trump could get a stake in AI firms for the USPresident Donald Trump is actively investigating how to ensure that the American public can benefit from the lucrative advancements within ...
- Cred’s Kunal Shah is WhatsApp’s new CEOCred founder Kunal Shah will join WhatsApp as its global head after Meta announced a nearly $900 million investment in the fintech firm. Th...
- AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
- Nobel Prize winner John Jumper quits Google DeepMind after nearly a decade; set to join AnthropicNobel laureate John Jumper, a key figure behind the groundbreaking AlphaFold AI, is departing Google DeepMind after nearly nine years. He a...
- Architect Labs raises $24 million to take on Broadcom, Marvell custom chip businessThe company plans to target chip companies to help accelerate the design process but also software companies that could use custom chips t...
- Reliance Intelligence to make AI dramatically more affordable in India by 2030: Akash AmbaniReliance aims to revolutionize AI accessibility in India, mirroring its Jio data success. By decade's end, the company plans to make AI "dr...
- Architect Labs raises $24 million to take on Broadcom, Marvell custom chip businessArchitect Labs has secured $24 million in seed funding. The company will leverage artificial intelligence to accelerate and simplify the de...
- Noam Shazeer hired by Google for $2.7 billion in 2024 leaves the tech giant in less than 18 months to join Sam Altman's Open AINoam Shazeer, a key figure in Google's Gemini AI development, is departing the company. He will now join rival OpenAI. Shazeer previously l...
- Google Gemini co-lead Noam Shazeer to join IPO-bound OpenAIIn 2024, Google appointed Shazeer to co-lead the development of its Gemini AI model, and he has been credited as key figure behind Gemini'...
- AI startup Pramaana Labs raises $27 million in seed funding led by Khosla VenturesPramaana Labs, an AI startup, has secured $27 million in seed funding. The company develops technology to ensure AI answers are mathematica...
- Inside Cursor's journey to a $60 billion deal with Elon Musk’s SpaceXSpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move p...
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