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Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...- Peak XV, Activate in talks to invest in Silicon Valley AI dictation startup Wispr FlowFounded by Stanford graduates Tanay Kothari and Sahaj Garg, Wispr Flow develops a voice dictation tool that allows users to speak into apps...
- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- Fractal bets big on enterprise AI despite TMT weakness dragging revenue growthAnalytics firm Fractal sees robust enterprise AI growth, with banking and life sciences booming at 40% and 80% respectively. Despite a dip ...
- Paperwork causing AI mission lag as startups flag funding, IP concernsIndiaAI mission startups face delays in formal agreements, impacting non-compute support and raising IP concerns. While compute access is p...
- Peak XV onboards former Fractal executive as operating partner in USPeak XV Partners, India's largest VC firm, has appointed Shelly Singh as an operating partner in its San Francisco office. This move streng...
- Gold loan startups find new shine; Infy Q4 profit jumpsHappy Friday! Gold loan fintechs are moving towards building their own loan books. This and more in today's ETtech Morning Dispatch.
- Nasscom appoints Fractal cofounder Srikanth Velamakanni as ChairmanSrikanth Velamakanni takes the helm at Nasscom as the new Chairperson, succeeding Sindhu Gangadharan. With a robust background in AI and an...
- AI firms scout for startup buyouts to boost full-stack tech capabilitiesAI firms are actively acquiring startups to build full-stack capabilities as enterprises move towards large-scale AI deployment. This conso...
- TCS and five other firms empanelled to build & run AI for govt departmentsThe Centre has empanelled six partner firms, including Tata Consultancy Services (TCS), to develop and deploy AI solutions across governmen...
- Nasscom's Data Security Council appoints Neelam Dhawan as chairpersonNeelam Dhawan is the new Chairperson of the Data Security Council of India. She takes over from Promod Bhasin. Dhawan will work with indust...
- Fractal Analytics rebounds from weak debut; shares jump 4% as brokerage initiates coverage with 40% upside callFractal Analytics rebounded after a weak market debut, rising over 9% intraday after Prabhudas Lilladher initiated coverage with a 40% upsi...
- Fractal Analytics sees margin expansion, strong cash flows post IPO; healthcare and AI to drive growthFractal Analytics expects better profits after its IPO. This is due to more license-based income and growth in healthcare and consumer sect...
- Fractal Analytics pitches for India’s first large reasoning modelIn a proposal to the IndiaAI Mission, Fractal has sought an external funding of Rs 76.6 crore from the government for the initiative. The p...
- India’s first AI unicorn Fractal said to weigh $500 million IPOFractal Analytics, India's first AI unicorn, is planning an IPO in Mumbai to raise $500 million, aiming for a valuation of at least $3.5 bi...
- AI firm Fractal has built India's first medical LLM Vaidya. aiAI firm Fractal's Vaidya, fine-tuned using open-source base models which are 30-70 billion parameters in size and trained on 650k+ images a...
- Kalaido.ai paints a pretty picture from local language text promptsFractal is now in the league with companies such as OpenAI’s Dall-E, Stability AI’s Stable Diffusion, Midjourney and Runway. However, the t...
- Fractal AI turns unicorn with $360 million funding from TPGThe transaction is a mix of primary investment and secondary share purchase from funds advised by Apax Partners. The British private equity...
- India AI startup Fractal weighs IPO as pandemic fuels growthBesides weighing an IPO, Fractal is assessing interest from investors valuing the company at significantly more than $1 billion, Srikanth V...
- Fractal Analytics raises $100 million from Malaysian sovereign wealth fund KhazanahThe investment will value the US and India-based company at close to $300 million (Rs 2,000 crore), according to a source directly familiar...
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