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Slow the AI race? Investors weigh the potential costCalls to rein in the development of ever more powerful AI models are fuelling fears over the massive capital outlays in the sector -- and t...
Semicon India eyes chip deals; AI leaders seek slowdownThe government is pushing supply chain partnerships at Semicon India 2026 to help local players. This and more in today’s ETtech Top 5.
Dario Amodei, Sam Altman, Elon Musk: AI’s biggest rivals suddenly agree the race needs brakesAI leaders Dario Amodei, Sam Altman, and Elon Musk agree on slowing development. They cite escalating risks from increasingly autonomous an...
Global AI stocks fall as industry chiefs call for slowing developmentAnthropic CEO Dario Amodei, in a lengthy essay shared on X on Saturday, called on AI companies to slow the rate at which they advance model...
Anthropic tells investors it will be profitable for second straight quarterAnthropic's gross margins are above 80% before accounting for revenue shared with distribution partners, including Amazon, and the cost o...
SoftBank shares slide 13% after AI chiefs sound alarm on safetyThe company plans a ¥1 trillion ($6.5 billion) retail bond issue and a $10 billion loan linked to OpenAI shares as it finances deals such a...
Mid-tier VCs scout deeptech deals; ETSA winner Varaha’s India playHappy Monday! Sector-agnostic mid-tier venture capital investors are recaliberating focus on India's deeptech startups. This and more in to...
Nvidia in talks to invest in Anthropic's mega IPOAnthropic is seeking to raise as much as $100 billion that could value the artificial intelligence startup at around $2 trillion, the peopl...
Move job creation to small businesses to AI-proof economy, says Nandan NilekaniSays mass startup growth can anchor jobs as AI flattens revenue, headcount at big cos
MDR on UPI coming soon; India's new class of robot workersHappy Friday! With a fee on UPI set to come into the picture soon, issuing banks are poised to claim the biggest slice. This and more in to...
- Chinese AI firm Moonshot to explore dual Hong Kong and Shanghai IPOs, SCMP reports
The developer of the Kimi large language model has discussed plans for a Hong Kong IPO with its financial backers and has also floated th...
Flipkart's new Minutes app; Anthropic employee sounds alarmFlipkart has launched a standalone app for its quick commerce unit Minutes. This and more in today’s ETtech Top 5.
China's DeepSeek taps CITIC Securities for domestic IPODeepSeek's engagement of CITIC, which has not been reported so far, is an indication that the startup is moving along in its IPO plan. Comp...
OpenAI offers AI for chip design, touts cost advantage over open-source, CFO saysSpeaking at Goldman Sachs' Communacopia + Technology Conference in San Francisco, Friar said OpenAI is focusing on sectors including chip d...
French AI company Mistral hits $24 billion valuation in funding roundMistral said that the round was jointly led by existing investor PSG Equity, along with South Korea's Samsung Electronics and the EU-backed...
Can Big Tech’s $1-trillion AI bet pay off? Jefferies explains why it remains bullishJefferies remains bullish on Big Tech’s $1-trillion AI investment despite near-term financial pressure. Rising customer backlogs, strong cl...
Anthropic finalising $15 billion pre-IPO credit facilityIn a strategic financial maneuver, Anthropic is set to extend its credit facility to an impressive fifteen billion dollars, with Morgan Sta...
Chinese AI firm Moonshot files confidentially for Hong Kong IPOMoonshot's latest version, Kimi K3 released in July, has met with positive reviews and robust demand, and sources have said the startup is ...
Broadcom raises AI chip forecast as Big Tech keeps writing bigger checksThey have gained about 6% this year, significantly underperforming rivals and the broader semiconductor index, as AI spending concerns an...
Anthropic to rent AI computing power from Nscale for $45 billionAnthropic has been aggressively expanding its computing power to meet demand growth it expects for products like AI coding tool, Claude Co...