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BUSINESS INVESTMENT IN AI
ElevenLabs' valuation doubles to $22 billion on surging AI voice-agent demandElevenLabs has successfully finalised a notable employee tender offer, achieving a staggering valuation of $22 billion this week. This impr...- ElevenLabs' valuation doubles to $22 billion on surging AI voice-agent demandElevenLabs said on Wednesday it had completed a $300 million employee tender offer valuing the AI voice generation startup at $22 billion, ...
- US economy picks up pace, grows 2.2% as consumer spending, AI investment surgeThe US economy grew at a 2.2% annual pace in the second quarter, up from the government’s earlier 1.5% estimate, as consumer spending and b...
- Anthropic IPO prospectus reveals deep reliance on Amazon, Google for sales and computeAnthropic plans a highly anticipated IPO and seeks a valuation of approximately $2 trillion. The company reported a sharp increase in reven...
- Beyond the SIM: Inside Jio and Airtel’s high-stakes AI pivotJio and Airtel are taking their rivalry beyond connectivity as both invest heavily in AI-ready data centres, cloud platforms, enterprise to...
- Four dimensions of AI excellence: Where innovation meets business impactThe ET AI Awards 2027 aims to recognize organizations and leaders excelling in applied AI through four tracks: Innovation & Impact, Functio...
- Investing in major AI stocks at Wall Street? Factors to watch out before hitting Buy optionAI borrowing and investing continues. Hyperscalers have issued around $250 billion of debt this year, and that total is expected to rise sh...
- Vertex in funding talks with RapidCanvas, Supernova to sharpen AI focus: SourcesThe investor is looking to sharpen its focus on AI after consumer investments in India, they said. Vertex is likely to invest around $20 mi...
- Anthropic's IPO prospectus sharpens focus on AI valuationsAnthropic is betting that AI will reshape the global economy more profoundly than industrialization, electricity and the internet, accordin...
- Peak XV’s Surge programme selects 18 startups for 12th cohort after revampThe new cohort announcement comes as the VC firm revamps Surge, bringing it closer to the firm’s broader early-stage investment practice an...
- The Indispensables: Seven AI titans and an $18.6 trillion economic betRemoving key AI leaders such as Elon Musk and Sam Altman could disrupt the entire AI industry profoundly. These leaders oversee companies w...
- AI trade enters a new phase: Why DBS favours AI adopters over capex-heavy playersDBS says the AI investment theme is entering a selective phase as investors focus on companies converting AI adoption into productivity, st...
- Nvidia approves record $150 billion share buyback plan as AI boom powers cash generationNvidia approved an additional $150 billion in share buybacks, taking its remaining authorisation to $235 billion through fiscal 2028. The r...
- Death of the ‘obvious scam’: How AI is making cyberattacks look like normal emailsAI is making cyberattacks harder to detect as attackers use legitimate accounts, real conversations and familiar business workflows to evad...
- AI spending growth seen slowing sharply by 2028, marking shift towards software: Morgan StanleyMorgan Stanley expects the next 6-12 months to be a transition period, with opportunities broadening beyond semiconductor and infrastructur...
- Flipkart Ventures backs AI startups Alive and KeployBoth startups will receive capital support, strategic mentorship and access to Flipkart’s wider ecosystem to help them build and scale thei...
- AI, semiconductors, quantum to drive India's next infrastructure push: FM SitharamanUnion Finance Minister Nirmala Sitharaman highlighted the need for investment in AI, semiconductor chips, and quantum technology. She state...
- Better AI won’t fix bad company data: Fuel Cycle’s Daryush LaqabCompanies are increasingly deploying AI agents, but data quality remains a significant challenge in their effectiveness. Around 40% of larg...
- AI infrastructure investment seen surging to $769 billion in 2026 amid growing safety concernsThe estimate is based on nearly $384 billion invested in the first half of 2026 and assumes the current pace continues through the year. It...
- Verizon to invest $70 million in AI training effortVerizon is investing $70 million in a nationwide effort to provide AI training to job seekers, small business and educators as the US econo...
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