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Meta’s Q1 earnings show AI driving engagement, ad gains across platformsMeta's AI advancements are boosting user engagement and ad revenue significantly. Higher video consumption on Instagram and Facebook, coupl...
Meta lifts capital expenditure forecast, doubling down on AI pushMeta Platforms is significantly increasing its capital expenditure forecast to between $125 billion and $145 billion by 2026, doubling down...
Ecommerce, quick commerce chasing ad spends with profitability in focusOnline platforms like Amazon, Flipkart, Blinkit, Instamart, Zepto, Zomato, and Swiggy are set to earn substantial advertising revenue. This...
The rise of AI in financial services; analysts split on IT’s futureHappy Thursday! Financial services firms are increasingly adopting AI. This and more in today's ETtech Morning Dispatch.
CEOs want their companies to adopt AI. But do they get it themselves?Top executives are struggling to adopt AI tools despite recognising their transformative potential. CEOs are experimenting with ways to enc...
BlueStone’s pre-IPO glow up; PE funds go tech shoppingAhead of its listing, BlueStone is poised to become India’s next unicorn through a secondary deal. This and more in today’s ETtech Morning ...
Meta joins Anduril to build XR products for US armed forcesMeta and Anduril Industries are collaborating to deliver integrated extended reality (XR) products for the US military, funded privately. T...
Anduril to acquire Ireland's Klas to bolster AI warfare systemsAnduril Industries will acquire Ireland-based Klas to enhance its AI-driven defense tech. The deal boosts Anduril’s autonomous systems by i...
Tech-driven shift leads 45% of young India to prefer stocks as primary choice of investment: StockGroIndia’s investment landscape is evolving as 45% of young investors under 35 prefer stocks over traditional savings. Digital platforms drive...
The DeepSeek AI revolution has a security problemDeepSeek has shown that AI can be developed on a shoestring budget, but their models have significant security vulnerabilities. Recent test...
‘Algorithmic’ rider in draft data law trips firms deploying AINew data rules will require organisations using AI to perform due diligence on their algorithmic software. This change is expected to affec...
Delhivery sees next big buck from smaller towns as merchants take to ecommerce frenzySmaller cities are the source of more than a third of Delhivery's small and medium businesses (SMBs). Mohammed Ali, head of SME business at...
EU AI Act checker reveals Big Tech's compliance pitfallsThe EU had long debated new AI regulations before OpenAI released ChatGPT to the public in late 2022. The record-breaking popularity and en...
VCs apply PMF filter on early-stage startups seeking follow-on fundingIndia's early-stage startups are facing funding scrutiny as risk-averse investors tighten their purse strings. As per a study, only 25% of ...
Startups raise $10 billion in July-September quarter, down 15% QoQ: reportAccording to the market intelligence firm, this marks a 30% fall in the number of deals at 229 from 318 in the April-June quarter. PhysicsW...
Reliance's quick commerce plan; AI enters healthcareReliance Retail is the latest entrant in the quick commerce market, taking on the likes of Blinkit, Instamart and Zepto.
Top startup and tech stories this weekETtech Unwrapped is packed with the most important stories that we covered this week. Here’s a quick recap.
Consumer tech market set for growth surge; Kunal Shah on fintech regulationsThe consumer technology market in India will likely touch $300 billion in the next four years, while online retail could top $160 billion b...
ChatGPT’s popularity to help AI-powered content creation platform in India: Writesonic's Samanyou GargWritesonic is a Y-Combinator backed AI writing and image generation platform and has raised $2.5 million.
Blockchain technology can help weed out fakes, says IBMThe issue of fraud and counterfeits could be tackled by using technology and will radically reshape companies and businesses in the next fi...