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China's Kimi K3 rattles US AI industryKimi K3, a new artificial intelligence program from a Chinese startup called Moonshot AI, stunned the US tech industry on Friday, setting o...
Vibe-coding startup Emergent's valuation jumps 5x to $1.5 billion in new fundingThe latest financing takes Emergent's total capital raised since inception to $230 million. The startup last raised $70 million in January,...
Udaan avoids bankruptcy, reaches agreement with offshore creditors to settle $178 million claimBlackrock, world’s largest asset manager has agreed to provide $45 million of fresh credit facility. The restructuring will also include up...
US panic is missing the point on Chinese AISince last year, I have been tracking the trend of American startups using Chinese AI. This year, the shift has become harder to ignore. Bu...
Elevation Capital closes $500 million India fund; to back startups building on AI’s app layerThrough its ninth India fund, Elevation will back early-stage startups building AI-led businesses tackling India's large, operationally com...
China's DeepSeek considers new fundraising after first roundChinese AI startup DeepSeek is considering another funding round. This comes just one month after closing its initial financing. The compan...
Meet DeepSeek's Liang Wenfeng, the Chinese entrepreneur who is now world's richest AI founder, surpassing Anthropic's Dario AmodeiDeepSeek founder Liang Wenfeng's net worth has significantly increased after a recent funding round. He is now the world's wealthiest creat...
DeepSeek’s Liang Wenfeng tops Dario Amodei and Greg Brockman as richest AI founderLiang is now worth $36 billion, up from about $16.7 billion previously, according to the Bloomberg Billionaires Index. That ranks him well ...
He learned one lesson at his family's Michigan business. Now it's a $1 billion AI startupApurva Shrivastava, an Indian-origin entrepreneur who studied in MIT, founded Avoca after observing missed customer calls. This AI startup ...
Mark Zuckerberg’s Muse Spark post on X triggers debate, draws Elon Musk inMeta CEO Mark Zuckerberg returned to X after three years to announce Muse Spark 1.1. This AI model is designed for coding, reasoning, and a...
Amazon aims to raise $25 billion from bond sale, Bloomberg News reportsAmazon is set to secure a minimum of twenty-five billion dollars through a U.S. bond initiative. This strategic decision is aimed at bolste...
Amazon aims to raise $25 billion from bond sale, Bloomberg News reportsAmazon plans to raise at least twenty-five billion dollars through a new bond sale. This move aims to fund the company's significant invest...
Beijing is looking at curbing overseas access to China's top AI models, sources sayChinese authorities are meeting with tech firms about restricting AI model access. These discussions aim to protect advanced artificial int...
Global creditors drag Udaan's parent to bankruptcy court in Singapore after $170-million bond defaultInsolvency petition filed this week, A&M appointed as liquidator of B2B commerce company. Ten year old co has seen valuations crash 70% as ...
Cred’s angels, institutional investors score big in Meta dealThe sale is part of Meta’s $900 million investment in Cred, which valued the Kunal Shah-founded company at about $4 billion. The transactio...
PE-VCs push structural reboot; Cred backers’ Meta gainsHappy Friday! India’s PE-VC lobby is seeking a structural overhaul to woo foreign capital and fund managers. This and more in today’s ETtec...
India's youngest self-made billionaire is looking for a room on D-StreetA teenager once pitched ₹30 lakh for a slice of his startup and mostly got no for an answer. That same idea now heads toward the public mar...
Cheaper AI is better: Soaring bills are reshaping how businesses choose modelsTop executives such as Microsoft's Satya Nadella, Palo Alto Networks' Nikesh Arora and Coinbase Global's Brian Armstrong have said smaller,...
Om Malik, Silicon Valley tech journalist, GigaOm founder, diesOm Malik founded GigaOm in 2001, a technology news and analysis publication that became one of the most influential voices in tech media be...
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...