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Salesforce to spend $300 million on Anthropic tokens in 2026: CEO Marc BenioffSalesforce CEO Marc Benioff revealed the company anticipates spending nearly $300 million on Anthropic tokens by 2026, primarily for AI-pow...- Salesforce planning a future without new engineers? CEO Marc Benioff’s AI strategy sparks industry buzzSalesforce is halting software engineer hiring in 2025, anticipating a significant productivity boost from AI tools like Agentforce. CEO Ma...
- AI startups don't enjoy SaaS-era margins: Here’s what Kalaari Capital's Harshit Kumar says founders should do insteadAI-native startups face lower gross margins than traditional SaaS due to rising inference and review costs, according to Harshit Kumar of K...
- Microsoft eyeing startup deals for life after OpenAIMicrosoft is actively seeking AI startups for potential acquisitions. This move aims to bolster its AI talent and develop a cutting-edge AI...
- At SpaceX, AI is burning the cash that Starlink earnsSpaceX's ambitious IPO plans reveal a pivot towards AI, with significant capital spending allocated to its AI division, xAI. While Starlink...
- At SpaceX, AI is burning the cash that Starlink earnsSpaceX's IPO pitch reveals a significant shift towards AI, with the company's AI division consuming 61% of its 2025 capital spending. Despi...
- Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
- SpaceX says it has option to acquire startup Cursor for $60 billionSpaceX is exploring a significant move into AI developer tools by securing an option to acquire code-generation startup Cursor for $60 bill...
- Cursor may raise $2 billion at $50 billion valuation: ReportAI coding startup Cursor is close to securing over $2 billion in new funding. This investment could value the company at $50 billion. Retur...
- US-based fintech Candescent bets on India for product developmentCandescent, a US-based fintech, is doubling down on the India market and expanding to three cities: Hyderabad, Mumbai, and Bengaluru. The c...
- Anthropic, Cursor backer Accel raises $5 billion for big AI betsVenture capital firm Accel has raised $5 billion in new funds, with $4 billion dedicated to its fifth Leaders fund for late-stage AI startu...
- AI notetaker Granola hits $1.5 billion value in $125 million fundingGranola, an AI notetaking startup, is raising $125 million at a $1.5 billion valuation, led by Index Ventures, with support from Kleiner Pe...
- Next AI unicorns will come from India: Google AI Fund chiefAs a part of its first cohort of its joint investment programme in India, the two organisations have selected five startups in March, where...
- AI startup Cursor in talks for $50 billion valuationCode-generation startup Cursor is discussing a new funding round with investors that could value the company at about $50 billion, Bloomber...
- Reinvention will keep Cursor on the map, says cofounder Aman SangerIndia is the second or third largest market for Cursor and the company is planning a big push into the Indian enterprises, says Aman Sanger...
- Meet the newest billionaires of Silicon Valley: Founders of AI coding tool CursorCofounders Michael Truell, Aman Sanger, Sualeh Asif, and Arvid Lunnemark together hold a 4.5% stake in the company, worth at least $1.3 bil...
- Amazon pushes in-house AI coding tool Kiro over competitors', memo showsAmazon has told staff to stop adopting new third-party AI coding tools and instead use its own system, Kiro. An internal memo says Kiro sho...
- 6 AI startups Jensen Huang and Nvidia engineers have bet on: You will want to know what they are buildingNvidia CEO Jensen Huang is betting on six AI startups, including OpenAI, Harvey, Cursor, Replit, OpenEvidence, and Lovable, to shape the fu...
- Is 'vibe coding' the hottest skill for IT jobs? With industry leaders riding the trend, it is the new must-have skill for coders"Vibe coding," or using AI to generate code, is now a crucial hiring requirement in tech, from Visa to DoorDash. Companies like Domu Techno...
- Anysphere, a maker of AI coding software, raises $105 millionThe nearly 3-year-old startup Anysphere is now valued at $2.5 billion following a new funding round led by Thrive Capital, which previously...
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