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Uber's India data centre bet; Cyber cover meets AI riskUber will establish its first data centre in India with the Adani Group. This and more in today’s ETtech Top 5.
Canva is leaning on India and Brazil to drive up AI adoptionCanva is transitioning to an AI-native platform, powered by its own foundational models, with India emerging as a key market for its design...
Canva unveils new platform, transitions to ‘AI platform with design tools’ from ‘design platform with AI tools’Design giant Canva unveiled its AI-native platform, Canva 2.0, powered by its own models. This shift transforms it into an AI platform with...
India's FDI plan for ecommerce; Tata charges up iPhone bizIndia is planning to allow FDI in inventory-based ecommerce exclusively for exports. This and more in today's ETtech Top 5.
BigBasket, 1mg founders plan transition; QED's Morris flags credit tighteningHappy Friday! BigBasket and 1mg founders are preparing to step back from day-to-day roles. This and more in today's ETtech Morning Dispatch.
Ola Electric loses speed; AWS ops in Middle East hitOla Electric dropped from the top five in EV two-wheeler market share for February. This and more in today's ETtech Top 5.
Infosys, TCS lead IT rebound; stocks jump up to 5% after five-day routIndian IT stocks rose as much as 5%, sapping a 5-day losing streak after Anthropic announced enterprise partnerships, easing fears of AI-le...
Investors look for signs of bottom in software rout after Anthropic announcementSoftware stocks have been pummeled in recent weeks, driven by fears their business models would be upended by AI tools, including those fro...
After IT, Anthropic targets new industries with 10 fresh AI use casesAnthropic Claude AI 10 new enterprise AI tools: AI firm Anthropic is expanding Claude's reach beyond IT with 10 new enterprise plug-ins for...
How Anthropic's new AI tool Claude could impact IT jobs? Software veteran is 'sad': 'Will never ever write code by hand again'Global software and data analytics firms saw significant drops today. Investors reacted to growing worries about artificial intelligence. A...
Why are software shares particularly SaaS plunging today? Key reasons you should knowThe S&P North American Software Index cratered 15% this week, marking its most violent contraction since the 2008 financial crisis. This $2...
Anthropic's new AI tools deepen selloff in data analytics and software stocks, investors sayToronto-based Thomson Reuters, which owns the Westlaw legal database, slumped by nearly 18%. It is on track for its biggest daily loss on r...
Deepinder Goyal looks beyond EternalDeepinder Goyal is stepping down as CEO of Eternal, which he cofounded 18 years ago. This and more in today's ETtech Top 5.
Elevation offloads Paytm stake; Souring Bira betElevation Capital sold shares in Paytm for the first time since the fintech’s 2021 listing. This and more in today’s ETtech Top 5.
Sebi clears Capillary IPO; Zoho's Arattai goes viralSaaS company Capillary Technologies is en route to Dalal Street after securing the market regulator's nod. This and more in today's ETtech ...
Pine Labs IPO; Raphe mPhibr, ShopOS raise fundsPine Labs has filed its IPO papers with Sebi to raise Rs 2,600 crore. This and more in today’s ETtech Top 5.
Google-backed Anthropic raises $450 million in latest AI fundingThe latest round brings Anthropic's total funding to nearly $1 billion, making it one of the most well-funded AI startups. The company did ...