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HUGGING FACE SALE
AI startup Hugging Face exploring sale valuing it at $13 billionThe New York-based company, which hosts open-source large language models and datasets, has been working with a bank to gauge bidders' in...- Chinese AI's role in stopping rogue OpenAI agent shows cost of US guardrailsThe affected startup, Hugging Face, said it had turned to Zhipu AI's open-source GLM-5.2 model last week to analyze data from the hack afte...
- US resumes strikes on Iran with over 80 targets hit; revokes oil waiverUnited States forces launched strikes targeting over eighty Iranian military sites. These actions followed attacks on three commercial vess...
- SpaceX IPO makes Elon Musk the world's first trillionaireAt a time when concerns about inequality are high and public attitudes toward the ultra-wealthy have soured, Musk has managed to retain a l...
- China's DeepSeek releases new AI model a year after viral riseChinese AI firm DeepSeek unveiled a new model with significantly lower costs and a massive one million word context. This development promi...
- JPMorgan's Jamie Dimon invoked Steve Jobs to 'warn' employees on 'work from home', says 'creativity comes from...'JPMorgan Chase CEO Jamie Dimon is strongly advocating for a full-time return to the office, asserting that in-person collaboration is cruci...
- Stefon Diggs gets bitter welcome by Buffalo fans, gets booed as Nicki Minaj-Cardi B feud heats up. Watch videoStefon Diggs made an emotional return to Buffalo as a New England Patriot, facing audible boos from Bills fans at Highmark Stadium. The for...
- Turbulent times for online payments; Nasscom’s Indic AI betHappy Tuesday! Online payment firms brace for a bumpy road ahead. This and more in today’s ETtech Morning Dispatch.
- Best birthday gifts for girlfriend: Thoughtful and unique ideas to make her day specialChoosing the best birthday gift for your girlfriend can be a daunting task, but with a bit of thought and creativity, you can make her day ...
- FirstCry IPO opens on Tuesday: Price band, GMP among 10 things to know before subscribingFirst cry IPO Latest News: Firstcry is expanding its presence in international markets. The company offers its products through a diverse r...
- IPO Calendar: Primary market gains momentum with 3 new issues, 12 listings on the horizon next weekBrainbees Solution, the parent company of omnichannel kidswear brand FirstCry, will launch its initial public offering (IPO) on August 6th....
- FirstCry announces Rs 440-465 price band for Rs 4,194 crore IPO. Check detailsBrainbees Solution, known for its FirstCry brand, declared a price band of Rs 440-465 for its Rs 4,194 crore IPO, open from August 6-8. The...
- US fintech Carta exits secondary market business after sales controversyIn a blog post Monday night, Carta chief executive officer Henry Ward said the company will stop its work in secondary share trading, a bus...
- Databricks raises over $500 million at $43 billion valuationData analytics platform Databricks has secured over $500 million in funding, valuing the company at $43 billion. The funding round, led by ...
- Kim Kardashian's Skims is now worth $4 billionSkims has raised $270 million in a new funding round that values it at $4 billion, the company plans to announce on Wednesday. That's up fr...
- LTIMindtree to spend $40-50 million on AI capabilities in FY24These investments will only be restricted to building capabilities and do not include the capital allocated for picking up investments in A...
- The chatbots are here, and the internet industry is in a tizzyChatbots have ignited a scramble to determine whether their technology could upend the economics of the internet, turn today's powerhouses ...
- To shake hands or not: As friends reunite & Zoom calls shift to in-person meetings, what happens to age-old gesture now?The loss of connections has been heartbreaking, and the resurgence of the delta variant is raising fresh questions.
- Mumbai, India's richest municipality, wants to tax garbage to boost revenueThe situation in Mumbai, whose budget is bigger than several states, bodes ill for India’s economic revival.
- Business family scions ventures to tap next generation's growing appetite for Western fast food“Food has been a passion for me; it’s something I want to do for the long term and (it offers) a huge opportunity,” Mittal, nephew of Bhart...
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