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SiMa AI raises $150 million in funding to advance physical AI technology and roboticsThe round was co-led by Fidelity Management & Research Company and Amplify, with participation from Alter Venture Partners, Dell Technologi...- Cerebras to supply AI systems to cloud computing startup Gimlet LabsBy Max A.- Cerebras Systems plans to supply AI chips and hardware with capacity to consume roughly 100 megawatts to startup Gimlet Labs to ...
- Insurance mis-selling is arising because upfront commissions are too high: IRDAI chairman Ajay SethIRDAI chairman Ajay Seth said insurers should pass savings from lower commissions and operating costs to policyholders through lower premiu...
- Insurance mis-selling is arising because upfront commissions are too high: Ajay Seth, Chairman, IRDAIThe benefit of cost efficiency should be passed on to customers. This entire exercise is intended to ensure that the public and policyholde...
- Govt eyes Rs 20,000 crore fund to power up frontier AI and compute ecosystemThe proposed National Frontier AI & Compute Fund (NFAICF) under the IndiaAI Mission is still under consultation, and its final size, struct...
- Bessemer raises $5.75 billion in new funds, expands growth effortsThe San Francisco-based venture firm is allocating $4 billion of the funds to growth-stage financings, which include funding young companie...
- Mavenir, Neysa partner to offer sovereign AI infrastructure to telcos, enterprisesNeysa, founded in 2023 and headquartered in Mumbai, provides AI cloud infrastructure, combining GPU compute, inference, orchestration and A...
- Three nations, one union under strain: The long history behind United Kingdom's latest breakup threatThe United Kingdom formed through centuries of unions and legislation. Recent pacts highlight calls for constitutional change from devolved...
- Google fined $463 million for breaching EU rule on location dataGoogle received a 403 million euro fine for privacy rule breaches. The European Union's watchdog found Google mishandled user location data...
- Irish privacy regulator fines Google €403 million over location data processingThe lead European Union data privacy regulator for most of the biggest internet companies fined Alphabet's Google search engine €403 follow...
- Deliveries over deployment: IT firms must reassess AI integration as pricing pressures rise, says BCGBCG analysed more than 40 technology services providers and over 100 brand positioning claims across their websites, earnings calls and inv...
- ETMarkets Smart Talk | From Anthropic to SpaceX: Mehul Vora on AI valuations, IPO hype and investor risksThe excitement around AI and high-profile IPOs is undeniable—but the bigger question is whether valuations are being driven by current busi...
- No online game registered under new gaming law; 201 complaints received: MeitY to CICThe information was furnished in response to an RTI application seeking details of online games permitted to operate, complaints received r...
- Psychology says people who ace job interviews may share this one skill that has little to do with their resumePerforming well in an interview and performing well on the job require some of the same abilities, but success in one does not automaticall...
- Paytm, MobiKwik, Pine Labs shares rally up to 6% after govt announces UPI fees above Rs 2,000. Why brokerages are bullishPaytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select UPI transactions above Rs 2,000. F...
- From hallucinating AI chatbots to wiping out humanity: How did we get here?The heads of America's leading AI labs came together in a rare show of unity over the weekend to call for a pause in the technology's devel...
- Content startup Flam raises $40 million from QED Investors, Shah Rukh Khan, othersFlam will use the capital primarily for research on its underlying AI models, expanding its product suite and scaling its enterprise sales ...
- Paytm shares drop 3% after govt shields UPI payments only up to Rs 2,000 from charges. Should you buy the dip?Paytm shares fell after the government directed banks and payment providers not to charge for UPI transactions up to Rs 2,000, raising unce...
- AI chipmaker d-Matrix to connect next-gen inference chips to Nvidia infrastructured-Matrix will integrate its Raptor XPUs with Nvidia's NVLink Fusion technology. This partnership allows faster deployment of inference chip...
- OpenAI says working with Samsung on next-generation chips, deepening cooperationThe cooperation comes as Samsung broadens its use of generative AI. The company said in June that workers in its Device eXperience division...
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