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Amazon CEO meets Modi; Delhivery investors cash outAmazon CEO Andy Jassy met Prime Minister Narendra Modi as the company outlined its long-term plans for India. This and more in today’s ETte...
IndiaAI backing could make government a minority shareholder in SarvamThe central government could end up with a 1-2% stake in AI startup Sarvam, valued at $1.5 billion, as part of its $300 million funding rou...
ETtech interview: AI is a capital game; our fundraise is large for India but quite small in the global context: Sarvam cofoundersIn an interview with ET, Sarvam cofounder Pratyush Kumar said Sarvam — which counts HCLTech, Bessemer Venture Partners, Peak XV, Khosla Ven...
Sarvam: When US slams the door, India begins to find its own openingSarvam AI’s rise to a $1.5 bn valuation after raising $234 mn marks a major milestone for India’s push toward AI sovereignty. The funding c...
SoftBank launches cybersecurity product based on OpenAI modelsThe "Patching as a Service" product will be rolled out in Japan through a joint venture established last November between SoftBank's dome...
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
Sarvam joins unicorn club; Razorpay lines up IPOFresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5.
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...
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 ...
US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantageUS restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantag...
Anthropic’s Fable 5 takedown triggers India Inc push for AI self-relianceA US directive suspending access to Anthropic's AI models has spurred India Inc's push for self-reliance in AI infrastructure. Technology l...
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. ...
Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
Amazon India head on qcomm; senior exit at Z47Happy Monday! Amazon India’s Samir Kumar said the company is gunning for the top spot in the country’s quick commerce market. This and more...
ED's Parimatch heat reaches Zepto; SPC's India deeptech pushZepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5.
Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
Trump signs AI order giving government access to powerful modelsUS President Donald Trump on Tuesday signed an executive order creating a voluntary framework under which AI developers will share advanced...
Trump signs AI order after earlier postponementPresident Donald Trump has rolled out a new initiative for AI firms, allowing entities such as OpenAI and Google to present their most soph...
Anthropic confidentially files to go public; potential trillion-dollar IPO will test Wall Street appetite for AI companiesIf Anthropic’s offer goes ahead, it will test investor appetite for AI companies, which have commanded massive private valuations—both Anth...