India's GenAI bet: going beyond LLMs?If India has to compete in the global AI race, it may be a better approach for its startups to focus on building cost-effective application...
Local SaaS firms under the thumb to retool for artificial intelligenceAt least half a dozen investors ET spoke to said it will be crucial for early-stage software companies to showcase how they are leveraging ...
The AI-ceberg of innovations: Meet AI-first startups shaping India's tech futureOver the last 12 months, a new generation of AI-driven companies and generative AI tooling startups have attracted investments, but this re...
Upgrad-Udacity deal; Angel One snags Kotak Cherry top deckHappy Monday! Ronnie Screwvala-led Upgrad is closing in on US edtech firm Udacity, with a fresh fundraise likely to seal the deal. Details ...
Govt may tweak rules for AI firms, LLMs; FY23 financials for Unacademy, MyntraThe amendments, to be notified soon by the IT ministry, could mandate that platforms that use artificially intelligent algorithms or langua...
Indian GenAI firms raised $700 million in 3 years, says Nasscom2022 has been the largest year with $566 million being infused in GenAI startups, followed by $144 million in 2023, data showed. These were...
Chill sets in for consumer lending apps; what’s cooking at food delivery platforms?Consumer lending firms are set for difficult days ahead as a central bank diktat on reining in unsecured loans has choked off much-needed c...
Google may invest in Indian AI company Corover.aiCorover is among a handful of Indian startups building an indigenous large language model (LLM), called BharatGPT, which claims to support ...
Barring iPhones, sales dip for Apple devices; used-car startups diversify as growth tanksThough sales of Apple iPhones in India are skyrocketing and outperforming the broader smartphone market, shipments of other Apple products ...
Sam Altman’s back as OpenAI CEO; Mamaearth’s Q2 profit nearly doublesCapping five days of high-voltage drama, OpenAI, the maker of ChatGPT, said it is bringing back Sam Altman as its CEO, along with reconstit...
ETtech Exclusive | Adobe acquires Lightspeed-backed Indian generative AI startup Rephrase.aiThis also marks the first-ever deal for Adobe in the generative AI and video-tooling space. It also makes Rephrase the first Indian startup...
ET Soonicorns Summit 2023: Here’s what you can expectFrom startup showcases and unicorn playbooks to a distinguished speaker lineup and report launches, here’s a look at what you can expect at...
Top VCs in a huddle to discuss Silicon Valley Bank collapse, vow to be 'supportive'Tweeting the statement, Hemant Taneja, CEO, General Catalyst, said: "Several VC leaders met today to discuss the aftermath of SVB's downfal...
US government shuts Silicon Valley Bank; Indian SaaS firms mull options to transfer depositsAs the Silicon Valley Bank (SVB) shut operations, venture capital funds checked in with homegrown startups, especially those headquartered ...
The collapse of Silicon Valley Bank and its impact on Indian startupsIndian investors and SaaS startups have are rattled by the developments in the US. While some are closely tracking the developments, others...
Another week of tepid funding for Indian startupsWith large PE and VC funds still placing their bets cautiously amid the volatile macroeconomic environment, the dry spell might continue fo...
Artificial intelligence startup Rephrase.ai raises $10.6 million in funding led by Red VenturesRephrase.ai will use the funds to enhance its capabilities by integrating product experiences; scaling hiring across the business, includin...