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INVESTMENT IN AI COMPANIES
AI spending boom could trigger sharper downturn than dotcom crash: Professor Aswath Damodaran- AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008
- Wall Street Week Ahead: Investors see Micron earnings as pulse check of AI rally momentum
- Abu Dhabi's MGX weighs multi-billion deal for data centre operator DayOneAbu Dhabi's AI investor, MGX, is reportedly exploring the acquisition of Singapore-based data centre operator DayOne, signaling a significa...20 Jun, 2026, 07.22 AM IST
- Reliance seeks to build India's sovereign AI backbone; unveils Jio call agent and AI home platformReliance Industries is building India's sovereign AI backbone. The company is partnering with Google and Meta. New AI-powered applications ...19 Jun, 2026, 05.12 PM IST
- US Stock Market: Accenture’s AI transformation faces investor skepticism as stock plunges; CEO Julie Sweet remains confidentAccenture's shares plunged nearly 20% after its fiscal third-quarter results revealed weaker-than-expected bookings and a softer outlook. C...19 Jun, 2026, 04.08 PM IST
- RMZ to ramp up data center capacity with $35 billion push, exec saysThe Bengaluru-headquartered company, which currently has 250 megawatts of capacity, is in the final stages of discussions for three data ce...19 Jun, 2026, 11.26 AM IST
- SpaceX gets investment-grade ratings with stable outlook from top agenciesThe consensus signals broad confidence in SpaceX's financial stability, as the company moves forward with a costly and ambitious AI push ...19 Jun, 2026, 09.23 AM IST
- Manus original investors plan to buy back AI firm from Meta for $2 billion: The InformationChinese investors are set to repurchase AI firm Manus from Meta. The deal is valued at two billion dollars. This move follows a directive f...18 Jun, 2026, 06.43 PM IST
- Hexaware to invest Rs 310 crore to expand UK operationsThe move is expected to create around 1,200 jobs in AI, digital services, and quantum computing alongside new research and development (R&D...18 Jun, 2026, 06.37 PM IST
- PM Modi meets leading CEOs in France; discusses investment and India expansion plansPrime Minister Narendra Modi met top business leaders in Paris. Discussions focused on investment and expansion in India. Companies from su...18 Jun, 2026, 04.47 PM IST
- Two techies from India and Pakistan built an AI startup - Now both are billionaires thanks to Elon Musk. Here's all about Aman Sanger and Sualeh AsifTwo young entrepreneurs, Aman Sanger from India and Sualeh Asif from Pakistan, have joined the billionaire ranks. Their company, Cursor, a ...18 Jun, 2026, 11.02 AM IST
- AI startup Genspark valued at $2.6 billion in latest funding roundGenspark.ai secured $100 million in funding, valuing the company at $2.6 billion. This investment underscores strong investor confidence in...17 Jun, 2026, 08.22 PM IST
- Companies need flexibility, choice as AI becomes a geopolitical issueIndia is one of the fastest growing markets for Databricks, and last year the firm announced a $250 million investment in India to ramp up ...17 Jun, 2026, 12.58 PM IST
- HCLTech bets big on sovereign AI with strategic investment in Sarvam AIHCLTech strategically invested $1.5 billion in Indian AI startup Sarvam AI, acquiring a 10.5% stake. This partnership aims to address enter...17 Jun, 2026, 11.49 AM IST
- US Stock Market: ETF issuers rush to capitalise on AI-focused ‘MANGOS’ theme after SpaceX IPOTwo asset managers are seeking regulatory approval for new ETFs tied to the "MANGOS" acronym, a basket of leading AI-focused companies incl...17 Jun, 2026, 11.19 AM IST
- French spies drop AI giant Palantir over US overreliance fearsFrance is moving away from American AI technology for its intelligence services. The government announced it will stop using Palantir's dat...16 Jun, 2026, 07.51 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
- 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
- Global Markets: AI supply chain bets propel Asian hedge funds to stellar performanceAsia-focused hedge funds delivered outsized returns in 2026 by riding the artificial intelligence boom across semiconductors and related te...15 Jun, 2026, 10.41 AM IST
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