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From non-profit roots to for-profit ambitions: the OpenAI sagaOpenAI is set to become a public benefit corporation. Microsoft will hold a significant stake in this new structure. This move grants OpenA...
Ads ruined social media, now they’re coming to AI chatbotsChatbots are pivoting to the ad model and optimising for eyeballs. As subscription revenue plateaus, AI developers are increasingly explori...
Didn’t want my legacy to be defined by one company: Instacart founder Apoorva MehtaApoorva Mehta, who stepped down as Instacart CEO in 2021 and subsequently from the company’s board, still owns the largest stake in the fir...
Dunzo’s survival hinges on Reliance; Q&A with Instacart founder Apoorva MehtaReliance Retail, which is an investor in Dunzo, is yet to sign off on a much-needed capital infusion in the cash-strapped company. All abou...
China's fast-fashion retailer Shein files for US IPO - sourcesGoldman Sachs, JPMorgan Chase and Morgan Stanley have been hired as lead underwriters on the offering, and Shein could go public sometime i...
China's fast-fashion retailer Shein files for US IPO - sourcesGoldman Sachs, JPMorgan Chase and Morgan Stanley have been hired as lead underwriters on the offering, and Shein could go public sometime i...
Govt seeks more data storage details from Starlink; Disney in talks with Reliance on India businessThe Centre, not fully satisfied with the information provided by Starlink for offering satellite broadband services in India, wants an unde...
SoftBank-backed chip designer Arm reveals filing for blockbuster US IPOSoftBank Group Corp's Arm Holdings Ltd reported a 1% fall in annual revenue due to a slowdown in smartphone sales, after the chip designer ...
SoftBank’s arm files for IPO that is set to be 2023’s biggestIn a long-awaited regulatory filing Monday, Arm said the offering is being led by Barclays Plc, Goldman Sachs Group Inc., JPMorgan Chase & ...
Myntra integrates ChatGPT with search for better product discoveryMyntra said MyFashionGPT will scout through catalogues available on Myntra to give users a better option for their queries.
‘No longer sure bets’: Tech giants are dropping bad news dailyThe drumbeat continued yesterday, as Tesla Inc. Chief Executive Officer Elon Musk told employees the electric-vehicle maker needs to reduce...
New edtech unicorn; Twitter locks Congress accountsEruditus’ mammoth funding has made it a unicorn, thrice over. Twitter locks Congress accounts days after complying with India IT rules. A b...
The hottest job in tech startupsTwo decades ago, it seemed you couldn't walk down a street in Bengaluru without bumping into a software engineer. Today, one of the hottest...
ETtech Morning Dispatch on March 3, 2021: All aboard the tech IPO train!Here's a look at the top tech news to start your day.
SoftBank may deliver fresh funds to GrofersSoftBank’s move to further invest in Grofers also puts on hold the on-again, off-again merger talks it has held with bigger rival, Alibaba-...