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ARTIFICIAL INTELLIGENCE INVESTMENT
Global Market Today: Asian stocks advance, crude oil holds declineAsian stock markets experienced a notable rise as easing US inflation rates and declining oil prices alleviated concerns regarding potentia...- AI firm Databricks valued at $190 billion as it bags $5 billion in fundingThe funding comes six months after Databricks was valued at about $134 billion in a previous round, as investor demand for companies tied...
- AI hardware finds new ground in Kochi through SFO Technologies and Smart IOPsIn a groundbreaking partnership, SFO Technologies and Smart IOPS are set to revolutionize AI data storage solutions through specialized har...
- AI boom is starting to show in UK economy's performanceWhile the Office for National Statistics said Britain's economy grew by 0.4% in the second quarter, the information and communications sec...
- Global Market: China stocks rise on AI optimism; Hong Kong shares mostly flatChinese mainland stocks advanced, led by optical communications and technology shares, as strong AI demand forecasts boosted sentiment. Hon...
- Accel raises $3.5 billion to invest in emerging global AI startupsThe firm, which has backed artificial intelligence companies including Anthropic, Cursor and Perplexity, has raised four separate funds ded...
- Maharashtra clears Rs 5.47 crore expenditure for IT projects and servicesMaharashtra government approved over Rs 5 crore for IT projects and cybersecurity services. This includes cybersecurity audits for ten gove...
- TSMC approves $29.44 billion capital budget for capacity expansion amid AI demandTaiwan Semiconductor Manufacturing Co. (TSMC) approved a capital budget of about USD 29.44 billion for expansion amid the ongoing artificia...
- Rapid7 cuts 12% of workforce as it invests more in AI tools; CEO says it is a ‘good company ready to be great’Rapid7, a notable player in cybersecurity, has announced a workforce reduction of around twelve percent as part of its strategic shift towa...
- Singapore says AI-related demand lifting economyStrong AI-related demand helped the electronics and precision engineering clusters of the manufacturing sector, as well as the machinery, e...
- High AI stakes push Indian VCs to rejig funding playbooksAverage investments in AI startups have increased to $3-5 million at the seed level and upwards of $10 million in Series A rounds, said inv...
- Boris Johnson to reflect on new world order at Economic Times World Leaders Forum 2026Boris Johnson will share insights at the Economic Times World Leaders Forum 2026. Global business leaders like Anthony Capuano and Christop...
- Nvidia to invest up to $3 billion in Stargate data centre developer Lancium: The InformationNvidia will get a 20% stake in Lancium for the first $2 billion investment, and its stake could grow to an additional $1 billion if Lanci...
- US productivity rises faster than expected in second quarterUS worker productivity saw a stronger than anticipated 1.4% rise last quarter. This growth follows a revised 0.8% increase in the prior per...
- Global Market: SoftBank's AI strategy stays on course despite flat OpenAI valuation in Q1SoftBank reported an 18% decline in first-quarter net profit, though earnings exceeded expectations as strong gains from Intel and ByteDanc...
- Explained: How AI-led Kospi, Nikkei selloff sparked record 15% drawdown in Asian funds in JulyAsia’s major multi-strategy funds suffered sharp July losses as an AI-linked stock selloff across Japan, South Korea and China erased much ...
- Deeptech backer Piper Serica raises Rs 300 crore in first close of new fundPiper Serica has secured Rs 300 crore for its Bharat Tech Fund. This new fund will invest in deeptech startups across various sectors. Near...
- Global Market: SoftBank earnings in focus as AI investment push raises funding, debt questionsSoftBank faces investor scrutiny over financing its AI expansion and managing debt. The company plans to fund significant AI commitments wh...
- Visa beefs up cybersecurity offerings with $2.4 billion BioCatch dealVisa is acquiring fraud intelligence provider BioCatch for $2.4 billion. This acquisition aims to significantly bolster Visa's cybersecurit...
- Goldman Sachs Asset Management launches AI investment platform: ReportGoldman Sachs Asset Management has launched AlphaAI, an artificial intelligence investment platform. Lou D'Ambrosio will lead this new plat...
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