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Edtech UpGrad’s net loss halves to Rs 131 crore in FY26, revenue rises 7.5%Revenue from operations rose 7.5% to Rs 1,687 crore from Rs 1,569 crore a year earlier, according to the company's audited consolidated fin...
Global Market: South Korea's Elice shares plunge 28% in market debut as data centre stocks shunnedElice, which raised 201.1 billion won ($150 million) in its IPO, provides AI cloud services as well as AI-based education and business soft...
Global Market: Japan's Nikkei falls as higher yields, inflation fears weighJapan's Nikkei share average fell on Tuesday, dragged lower by technology stocks as investors weighed rising bond yields and persistent inf...
OpenAI seeks to accelerate fundraising ahead of Anthropic IPO, sources sayOpenAI is working swiftly to secure funds before Anthropic's anticipated public market debut in mid-November. The fundraising effort could ...
Global Market: Japan's Nikkei rebounds after six-session losing streak; weekly loss nears 5%Japan’s Nikkei rebounded 1.75% after six consecutive sessions of losses, supported by bargain hunting and gains in technology and banking s...
Global Market: Japan’s Nikkei plunges nearly 5% as AI stocks tumble on CoreWeave debt concernsJapan’s Nikkei 225 plunged, while the broader Topix fell 2.5%, as AI-linked stocks led a broad selloff. Sentiment was hit by concerns over ...
Global Market: Japan's Nikkei rebounds as chip stocks rise, Topix slips on bank lossesJapan’s Nikkei rebounded 0.61% on Wednesday as chip-related stocks advanced, recovering from the previous session’s decline. Advantest, Tok...
Global semiconductor stocks sell-off over AI boom worries pulls Asian shares lowerGlobal equities showed mixed performance, with Asian markets notably declining due to major setbacks in semiconductor stocks. A steep fall ...
Qualcomm and Arm jury to return next week after deliberations in contract dispute caseThe five-day trial that wrapped up this week was the second in two years between the companies, highlighting the deterioration of their bus...
SoftBank seeks $100 billion from Gulf states for AISoftBank Group Corp. is in discussions to raise up to $100 billion from Gulf investors for future AI investments. Founder Masayoshi Son has...
Global Market: Japan’s Nikkei falls as AI concerns, global bond market stress weighJapan’s Nikkei 225 fell 1.06% as AI-sector concerns, elevated global borrowing costs and rising oil prices weighed on investor sentiment. W...
Tencent mulls $5 billion bond sale to push AI ambitions: Bloomberg NewsTencent is exploring the possibility of raising as much as $5 billion through an offshore bond sale this month. This potential move comes o...
Global Market: Japan stocks fall for second day as profit-taking, rate fears weighJapanese shares trade lower for a second straight session as investors book profits after a recent rally, while uncertainty over US rates, ...
Global Market: Japanese shares fall as AI stocks retreat after sharp rallyJapanese shares slipped on Wednesday as investors booked profits after a sharp recent rally, with technology and semiconductor stocks leadi...
Listed startups unlock Rs 25,000 crore for VC, PE investorsAn ET analysis of National Stock Exchange (NSE) and BSE block and bulk deal disclosures across 18 new-age companies shows sales by investor...
SoftBank’s Masayoshi Son has rare cautionary note on AI safetyIn a recent statement, Masayoshi Son underscored the critical importance of international unity in managing the safety risks associated wit...
OpenAI sacks 3 researchers over leaking 'sensitive' info, ChatGPT maker alerts over 100 organizations about rogue AI agent activityChatGPT maker has been conducting a broad review of the activities of its AI models after the accidental hacking of Hugging Face. OpenAI is...
SoftBank completes final phase of $30 billion investment in OpenAISoftBank Group said on Thursday it has completed its $30 billion investment in OpenAI as part of its commitment to the ChatGPT maker's last...
AI borrowers face tough sell in risky corners of US credit marketAI-related issuance by low-rated firms has totaled $88 billion this year, according to Goldman Sachs, with most of the borrowing coming fro...
SoftBank issues $11.1 billion in bonds in OpenAI financing pushTechnology investor SoftBank Group has issued a total of $11.1 billion in dollar- and euro-denominated bonds, a filing showed on Thursday, ...