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
HCL Tech shares jump 3% after buying stake in Sarvam AI for Rs 1,427 croreHCL Tech share price gained 3% after i invested $150 million in Sarvam AI, India's largest AI startup, acquiring a 10.46% stake. This strat...
16 Jun, 2026, 09.19 AM IST
Qualcomm in talks to buy Tenstorrent: ReportThe talks were ongoing and the price could change, or the discussions could fall apart, according to the report. It was not clear if the pr...
16 Jun, 2026, 09.08 AM IST
SoftBank Vision Fund CFO Navneet Govil exits after a decade as AI bets take centre stageNavneet Govil, the chief financial officer of SoftBank's Vision Fund, is departing after a decade. His exit comes as the investment giant, ...
16 Jun, 2026, 06.14 AM IST
Indian VCs turn to US AI startups in search of bigger returnsIndian VC firms are increasingly backing AI startups founded by non-Indians, drawn by the promise of higher returns, writes Swathi Moorthy.
16 Jun, 2026, 06.00 AM IST
Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...
15 Jun, 2026, 09.11 PM IST
WEF names 100 tech pioneers for 2026: AI, Clean Energy and Deep Tech lead the chargeThe World Economic Forum has named 100 early-stage companies from 23 countries as its 2026 Technology Pioneers. Spanning AI infrastructure,...
15 Jun, 2026, 04.40 PM IST
Indian AI startups pitch for funds from venture capitalists in US: Anirudh ArunIndian artificial intelligence companies are increasingly securing funding from the United States. Investors are drawn to promising returns...
15 Jun, 2026, 09.13 AM IST
Fable 5 shock puts sovereign AI back on India’s agendaUS export controls on advanced AI models have spurred India's call for sovereign AI development. Industry leaders warn against reliance on ...
15 Jun, 2026, 06.00 AM IST
'Shared ambition of reliable, open, safe AI': Macron at Bharat Innovates seeks ethical use of AIFrench President Emmanuel Macron urged against AI monopolisation and called for international cooperation, emphasising India and France's s...
14 Jun, 2026, 05.56 PM IST
20 foundational AI models created under IndiaAI Mission, 5 released : MeitY secretaryIndiaAI Mission has fostered the creation of 20 foundational artificial intelligence models. Five of these models have now been released. A...
13 Jun, 2026, 06.00 AM IST
France’s Mistral in funding talks at about €20 billion valuationFrench AI startup Mistral AI is reportedly in talks to raise approximately €3 billion ($3.5 billion) at a valuation of around €20 billion. ...
13 Jun, 2026, 12.23 AM IST
Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.
12 Jun, 2026, 08.03 PM IST
How a 22-year-old Indian techie dropped out to build an AI startupA 22-year-old Indian entrepreneur, Kinjal Nandy, has secured significant pre-seed funding for his AI startup, Sonatic, at a ₹191 crore valu...
12 Jun, 2026, 07.59 PM IST
Bezos’ industrial AI firm Prometheus raises $12 billion; valued at $41 billion: ReportIndustrial AI startup Prometheus has secured a massive $12 billion in its Series B funding round. This significant investment propels the c...
12 Jun, 2026, 07.52 PM IST
Gulf countries act as propellants for SpaceX IPO as billions flow inSaudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion, th...
11 Jun, 2026, 01.27 PM IST
Minority affairs ministry plans major AI rolloutThe minority affairs ministry is integrating artificial intelligence into its services. AI chatbots and voice solutions will soon support c...
05 Jun, 2026, 06.00 AM IST