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Meta’s Sandhya Devanathan to join OpenAI; IT stocks rallyMeta’s India and South East Asia head Sandhya Devanathan is departing after 10 years to join OpenAI. This and more in today’s ETtech Top 5.- Meta's Sandhya Devanathan exits after decade-long stint, to join OpenAIDevanathan joined Meta in 2016 when the company's Singapore office had roughly 300 employees. Over her tenure, she worked across the ecomme...
- SoftBank seeks another $10 billion loan for OpenAI stake fundingSoftBank is seeking a $10 billion loan, as it looks for more funding to help refinance debt used for its investment in US tech giant OpenAI...
- China's Tencent releases new open-source AI model for coding, research tasksThe model, called Hy4 preview, uses a "mixture-of-experts" design with 770 billion parameters in total, Tencent said, although only about 4...
- Winners of the ET Startup Awards 2026; Groww vs ZerodhaGroww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winners, and more, in today’s ETtech To...
- SoftBank in talks to buy stake in OpenAI-backed 1X at $6 billion valuationOpenAI and 1X last year discussed the possibility of the ChatGPT-maker acquiring 1X, the report added.
- Anthropic gears up for Wall Street debut: Five things investors need to knowAnthropic is preparing for a potential major Wall Street debut, fueled by rapid growth in AI coding through Claude Code. However, massive c...
- Zerodha’s growth stalls; IT’s new deal modelZerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in today's ETtech Top 5.
- SoftBank mulls up to $20 billion bond sale for OpenAI financingSoftBank Group is in talks with investment banks about a potential $10 billion to $20 billion bond offering to help refinance a loan for it...
- Nvidia faces growth test as Rubin debut meets AI financing scrutinyThe chipmaker has been the biggest beneficiary of the race to build AI infrastructure. Recently, though, its stock has come under pressure ...
- Nvidia discusses Perplexity investment at $30 billion-plus valuationNvidia is discussing investing in Perplexity as part of an equity round that would value the AI startup at more than $30 billion, the I...
- VCs chase deeptech; AI takeaways from ET's WLFHappy Monday! Specialist VC funds are expanding beyond their traditional sectors to invest more in deeptech. This and more in today’s ETtec...
- India faces capital, talent gap in foundational AI race: Menlo Ventures’ Deedy DasIndia faces hurdles in building globally competitive foundational AI companies, with top research talent concentrated in San Francisco and ...
- Anthropic hires Google chip veteran Amir Salek as part of push into hardwareAI firm Anthropic has hired a Google chip founder for its new semiconductor team. This move signals Anthropic's ambition to develop its own...
- AI's Bar Mitzvah moment: Aswath Damodaran explains what AI means for businessesAswath Damodaran says AI’s investment debate should shift from hype and skepticism toward evaluating it as a business. He argues revolution...
- Broadcom seeks more than $60 billion in latest AI debt dealThe numbers under discussion would potentially bring the total raise to as much as $100 billion, according to the report.
- High tech, but low trust: Agentic tech meets old-school scepticism at AI checkoutAI’s ecommerce ambitions are hitting a reality check as trust and changing buying habits are holding back chatbot-led commerce, writes Swat...
- Nvidia to provide up to $105 billion guarantee for OpenAI's Ohio data centreThe new deal is the latest example of Nvidia financing the infrastructure built around its chips, a strategy that helps drive demand but ha...
- Cami Clark: Anthropic CEO Dario Amodei’s wife is a Silicon Valley power player. But Claude barely knows herCami Clark, wife of Anthropic CEO Dario Amodei, has remained largely unknown outside Silicon Valley’s elite despite her proximity to some o...
- Nvidia scales back funding guarantee for Ohio OpenAI data centre: WSJAccording to the report Nvidia and OpenAI are nearing an agreement, with the chipmaker expected to provide a financial backstop only for th...
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