Inside Cursor's journey to a $60 billion deal with Elon Musk’s SpaceXSpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move p...
17 Jun, 2026, 06.00 AM IST
For Sarvams to scale, tap global capitalIndia's generative AI landscape is thriving, yet it seeks greater global financial backing. While local startups are making strides in fund...
16 Jun, 2026, 11.19 PM IST
South Park Commons backed Maya Research wants to build a voice interface that speaks like a localMaya Research is developing conversational AI models designed to speak and respond like native speakers across languages and cultural conte...
16 Jun, 2026, 09.50 PM IST
ETtech interview: AI is a capital game; our fundraise is large for India but quite small in the global context: Sarvam cofoundersIn an interview with ET, Sarvam cofounder Pratyush Kumar said Sarvam — which counts HCLTech, Bessemer Venture Partners, Peak XV, Khosla Ven...
16 Jun, 2026, 09.17 PM IST
Bid management firm ContraVault AI raises $3.1 million from Chiratae, Titan; eyes US expansionBid management firm ContraVault AI has secured $3.1 million in a funding round led by Chiratae Ventures. The startup will use the capital t...
16 Jun, 2026, 08.21 PM IST
Can Elon Musk's xAI challenge Anthropic after SpaceX's $60 billion Cursor AI acquisition from Anysphere?SpaceX has agreed to acquire Cursor AI parent Anysphere for $60 billion in an all-stock deal, days after SpaceX's blockbuster Nasdaq debut....
16 Jun, 2026, 08.15 PM IST
Sarvam: When US slams the door, India begins to find its own openingSarvam AI’s rise to a $1.5 bn valuation after raising $234 mn marks a major milestone for India’s push toward AI sovereignty. The funding c...
16 Jun, 2026, 07.04 PM IST
CNTXT AI acquires Actualize to strengthen Arabic voice AI for enterprise and government across the GCCUAE-based CNTXT AI has acquired Actualize, an enterprise AI company specializing in dialect-aware Arabic voice agents. This move significan...
16 Jun, 2026, 03.26 PM IST
Qualcomm in talks to buy Tenstorrent: ReportThe talks were ongoing and the price could change, or the discussions could fall apart, according to the report. It was not clear if the pr...
16 Jun, 2026, 09.08 AM IST
Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...
15 Jun, 2026, 09.11 PM IST
NASA is training AI on billions of Earth observations and the results could change climate researchNASA is expanding its AI strategy to transform decades of Earth observation data into actionable scientific insights. By combining artifici...
15 Jun, 2026, 06.49 PM IST
ByteDance in talks with China's Iluvatar CoreX to purchase AI chipsByteDance, the influential technology entity known for its innovative platforms, is reportedly in discussions to acquire AI chip technology...
15 Jun, 2026, 08.49 AM IST
Thanks, Trump-ji for the push we neededUS attempts to control advanced AI model exports face challenges. This may push nations like India to develop their own AI capabilities. In...
15 Jun, 2026, 12.26 AM IST
Anthropic ban: Sarvam AI's Pratyush Kumar warns against reliance on foreign modelsA US ban on advanced AI models has highlighted the vulnerability of foreign reliance, according to Sarvam AI's Pratyush Kumar. He urged Ind...
14 Jun, 2026, 04.16 PM IST
Mark Zuckerberg says Meta made 'mistakes' in AI workforce shiftMeta's chief Mark Zuckerberg admits the company made errors during its AI shift. He is investing heavily in artificial intelligence to resh...
13 Jun, 2026, 07.12 AM IST
India can take the lead in applying AI in industries: SAP CEO Christian KleinSAP CEO Christian Klein believes India can lead in applying AI to industries like manufacturing and finance, rather than just replicating l...
10 Jun, 2026, 08.52 AM IST
Intel spinout Articul8 eyes $50 million for India heritage AI ventureArticul8, a spin-off from Intel, is raising $30-50 million to establish an India-based AI entity focused on traditional knowledge systems l...
09 Jun, 2026, 06.00 AM IST