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META SUCCESS IN AI
No longer magnificent? How Apple, Microsoft and other Mag 7 stocks are crumbling under AI pressureThe Magnificent Seven are underperforming as investors question whether massive AI spending will generate adequate returns. With $2.3 trill...
A coastal city in the south is quietly powering India's AI futureVisakhapatnam is emerging as India's next AI infrastructure hub, attracting massive investments from tech giants like Google and Reliance. ...
SK Hynix to spend $64 billion on chip plants under broader AI-driven investment planSK Hynix is investing a massive 100 trillion won ($64.38 billion) to build new chip plants, including a NAND flash memory facility, in Cheo...
Micron pledges $250 million for Trump Accounts, says US PresidentMicron Technology has pledged $250 million to the "Trump Accounts" initiative, a program designed to bolster financial security for America...
China used foreign tech to rise, but now it's slamming the doorChina, once a keen learner of Western technology, is now shifting gears to protect its own innovations. New outbound investment rules, effe...
NRI equity inflow falls; Pi Ventures preps exitsNRI accounts are surging even as stricter compliance and a softer market cool equity inflows. This and more in today’s ETtech Morning Dispa...
Ambient intelligence: How AI is becoming omnipresent in our lives and the implicationsAmbient intelligence, once a futuristic concept, is now a consumer reality with AI embedded in everyday devices like smart glasses and ring...
Raised $3 million, secured prestigious US O-1 visa: How IIT dropout Dhravya Shah built an AI startup before 20Young Indian entrepreneur Dhravya Shah, before turning 20, launched over 15 open-source projects and sold two companies. His AI startup, no...
After Anthropic shutdown, China's Z. ai closes frontier gap as it plans dual listingChinese AI firm Z. ai is aiming for artificial general intelligence, fueled by strong investor interest after its GLM-5.2 model neared top ...
Amazon CEO in India Now; Hyderabad’s growing spacetech orbitAmazon CEO Andy Jassy is in India as the tech giant triples down on its quick commerce play in the country. This and more in today’s ETtech...
Meta makes a $900 million super-app move in IndiaCred founder Kunal Shah, a philosophy graduate, built his platform on exclusivity for high credit scorers, now processing over 40% of India...
Talent twist: Silicon Valley's India story takes an unexpected turnThe prospective appointment of Kunal Shah to a leadership position at WhatsApp exemplifies an emerging pattern: Indian founders are increas...
Meta’s Chris Cox sought Kunal Shah’s WhatsApp advice - then made him leaderMeta Chief Product Officer Chris Cox reached out to Shah directly in the spring, seeking advice on picking the future leader of WhatsApp. C...
Meta announces new range of smart glasses starting at $299Meta Platforms on Tuesday announced a new range of AI smart glasses in partnership with EssilorLuxottica, starting at $299. Although bu...
Meta's India bet: Why Kunal Shah could be key to unlocking WhatsApp's business potentialMeta, owner of WhatsApp, is exploring ways to monetize its massive Indian user base. A potential minority stake in fintech startup Cred, le...
WhatsApp's future may not be invented in US but in India, one transaction at a timeMeta’s $900 million investment in Cred and the reported appointment of founder Kunal Shah to a global role at WhatsApp marks a significant ...
Intellectual curiosity & infectious optimism: Industry cheers Kunal Shah's new role as WhatsApp HeadIndia Inc. is celebrating Kunal Shah's appointment as WhatsApp head, hailing it as a milestone for Indian startup leadership. Industry lead...
Cred’s Kunal Shah is WhatsApp’s new CEOCred founder Kunal Shah will join WhatsApp as its global head after Meta announced a nearly $900 million investment in the fintech firm. Th...
Reliance Intelligence to make AI dramatically more affordable in India by 2030: Akash AmbaniReliance aims to revolutionize AI accessibility in India, mirroring its Jio data success. By decade's end, the company plans to make AI "dr...
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 ...