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Peak XV folds Surge into broader early-stage investing amid executive exits, fewer cohortsPeak XV Partners is reshaping its Surge seed-investing platform. The venture capital firm is integrating Surge more closely with its overal...- Groq targets $650 million fundraise after Nvidia licensing deal: ReportGroq is seeking $650 million from its investors. This comes after a significant $17 billion licensing deal with Nvidia. Groq is now concent...
- South Korean AI chip startup Rebellions raises $400 million ahead of IPOThe funding round was led by Mirae Asset Financial Group and the Korea National Growth Fund, giving the company a valuation of about $2.34 ...
- Nvidia eyes $1 trillion in revenue through 2027: What's driving this growth?This signals Huang's confidence that Nvidia will remain the biggest company in the market for AI chips even as competition grows. Investors...
- Nvidia to focus on competition-beating AI advances at megaconferenceJensen Huang will unveil Nvidia's AI innovations at its developer conference. The company faces increasing competition from rivals and cust...
- Nvidia planning to launch open source AI agent platform ‘NemoClaw’: ReportThe chipmaker has already been discussing the platform with major technology firms, including Salesforce, Cisco, Google, Adobe, and CrowdSt...
- Vista Equity Partners and Intel to lead investment in AI chip startup SambaNova: ReportPrivate equity firm Vista Equity Partners is leading a new funding round of over $350 million in artificial intelligence chip startup Samb...
- AI in 2025: 25 milestones including mega deals, bubble fears, job cuts, talent wars and moreIn a transformative year, AI captured headlines with significant funding and elevated valuations for emerging startups. The existing tech b...
- US stock futures today: Dow, S&P 500 and Nasdaq hold gains post-Christmas — could the Santa rally be here?U.S. stock futures were mostly steady Thursday night as Wall Street reopened after Christmas. The pause followed a strong holiday-shortened...
- US Energy Department signs AI collaboration deals with Big Tech for Genesis MissionThe mission is a national program aimed at using artificial intelligence to accelerate scientific research and strengthen U.S. energy and s...
- Paytm partners with Groq to bring real-time AI to paymentsPaytm is integrating with Groq for faster processing. The integration also enables faster risk processing. The partnership is centered arou...
- Paytm to deploy GroqCloud to enhance AI on its platformsPaytm is partnering with Groq, a US-based AI leader. This collaboration will bring ultra-fast AI technology to Paytm's platform. The aim is...
- Why did Elon Musk not attend Trump's dinner with high-profile tech CEOs? Tesla CEO has this to sayPresident Trump held a big White House dinner with top tech CEOs to talk about AI and U.S. investments. Leaders like Mark Zuckerberg, Tim C...
- ET WLF 2025: PM Modi, Jaishankar to address gathering of leaders, entrepreneurs and policymakersNarendra Modi will be the chief guest at The Economic Times World Leaders Forum 2025. S Jaishankar and state chief ministers will also atte...
- ET World Leaders Forum: Star-studded lineup to take centre stage on Aug 22The Economic Times World Leadership Forum is set to reconvene in New Delhi. Global leaders will gather on August 22-23. They will explore t...
- Nvidia chip challenger FuriosaAI scores first major customer LGFuriosaAI, a Seoul-based startup, will supply its AI chip RNGD to LG AI Research. This follows a rejection of an $800 million acquisition b...
- With AI Studio, our goal is to democratise accessibility of enterprise-grade AI: ParamNetwork’s Vaideeswaran SethuramanFounder Vaideeswaran Sethuraman highlights the platform's ability to integrate with existing systems, addressing a critical gap in the ente...
- EnCharge AI raises over $100 million in funding to bring AI inference chips to marketStartup EnCharge AI raised over $100 million in Series B funding to develop energy-efficient AI inference chips for edge computing. Their a...
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