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SiMa AI raises $150 million in funding to advance physical AI technology and roboticsThe round was co-led by Fidelity Management & Research Company and Amplify, with participation from Alter Venture Partners, Dell Technologi...- Nvidia approves record $150 billion share buyback plan as AI boom powers cash generationNvidia approved an additional $150 billion in share buybacks, taking its remaining authorisation to $235 billion through fiscal 2028. The r...
- Nvidia adds $150 billion to existing share repurchase planNvidia has emerged as one of the biggest beneficiaries of the AI boom, with demand for its pricey chips and related technology powering rap...
- ETMarkets NRI Talk | AI’s 30x sales premium: Apurva Sheth on OpenAI, Anthropic and the valuation debateOpenAI and Anthropic are reportedly commanding valuations that translate into roughly 30-38 times price-to-sales, compared with around 3.7 ...
- Too early to write India off in the global AI race: Andreessen Horowitz’s Raghu RaghuramIndia has few frontier AI model companies and limited computing capacity, but according to a16z managing partner Raghu Raghuram, the countr...
- Data centre IPO hopefuls brave tougher market as investor scrutiny growsThe Singapore-based company develops and operates data centers for cloud and AI customers. It plans to make its filing with the US Securiti...
- Data center IPO hopefuls brave tougher market as investor scrutiny growsData center operator DayOne is pushing ahead with its plans to go public as soon as November, according to three people familiar with the m...
- IRDAI's commission reset impact; ETSA winner Progcap’s next betHappy Friday! IRDAI's overhaul plan could significantly impact the new-age insurance distribution industry. This and more in today’s ETtech...
- SoftBank's growing bets on AI and semiconductor assetsFounder and Chief Executive Masayoshi Son is aiming to establish SoftBank as the world's leading AI platform with investments across the se...
- VCs hungry for kitchen startups; Vala Afshar’s blueprint for India’s AI futureHappy Thursday! Venture capital investors are betting on the premiumisation wave wafting into Indian kitchens. This and more in today’s ETt...
- Meta's Muse rekindles fears over winners and losers as personal AI agent emergesMeta's Muse, the first major consumer product to emerge under Alexandr Wang since he was hired to head its AI efforts last year, has split ...
- Nvidia's stock is flashing a warning sign as valuation dropsNvidia Corp's stock currently trades at less than 17 times its projected profit for the upcoming year, marking a notable decline from earli...
- Alibaba plans AI model with 5 trillion to 10 trillion parameters, unveils new chipSpeaking at Alibaba Cloud's annual Apsara Conference in Hangzhou, Wu said the company's Qwen team was continuing research into model archit...
- Inside Furlenco’s IPO; Moneyview investors make bankHappy Tuesday! Furlenco is heading to Dalal Street for a potential Rs 1,200 crore IPO. This and more in today’s ETtech Morning Dispatch.
- ETMarkets Smart Talk | From SpaceX to Anthropic: Subho Moulik decodes a step-by-step guide for Indian investorsIn this edition of ETMarkets Smart Talk, Subho Moulik, Founder & CEO of Appreciate, breaks down the US investing opportunity for Indian inv...
- Jane Street bets big on leveraged ETF swapsJane Street Group has entered the leveraged ETF swap market this year. They provided about $1.2 billion in swaps during the second quarter....
- AI doomsday warnings unlikely to slow IPOs but questions lingerAnthropic is expected to beat rival OpenAI to the public markets with a blockbuster IPO later this year despite recent doomsday warnings, b...
- Supportive of efforts by model companies to take more responsibility: AMD tech chiefAdvanced Micro Devices (AMD) is supportive of the comments made by AI industry leaders on slowing down development of frontier models to ad...
- Temporal's valuation spikes to $12.6 billion in Lightspeed-led funding roundTemporal makes open-source software that helps applications, including AI agents, recover from failure, reducing the need for engineers t...
- Global AI stocks fall as industry chiefs call for slowing developmentAnthropic CEO Dario Amodei, in a lengthy essay shared on X on Saturday, called on AI companies to slow the rate at which they advance model...
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