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Activate picks stake in ElevenLabs in first global growth-stage AI betVenture capital firm Activate has made its first global growth-stage AI investment in ElevenLabs. This New York-based voice AI company cons...- UPI underdogs seek fair play; WhatsApp tightens scam defencesSmaller UPI players will meet NPCI to curb the growth of industry leaders PhonePe, Google Pay and Paytm. This and more in today’s ETtech To...
- China to curb US investment in tech companies: ReportChina is set to block top tech firms, including AI startups, from taking US money without official clearance. Regulators have told companie...
- Jio preps May IPO; Wipro slips after resultsJio Platforms is edging towards a long-awaited IPO as markets wobble amid Iran tensions. This and more in today's ETtech Top 5.
- VCs break taboo by backing both Anthropic, OpenAI in AI battleSequoia Capital and Altimeter Capital, for example, are both expected to invest in Anthropic’s latest financing, which is set to bring in m...
- HSG's continuation fund to value ByteDance at up to $370 billion: ReportHSG, formerly Sequoia Capital China, is reportedly launching a new fund. This fund is expected to buy some of its shares in TikTok's parent...
- Meta to acquire Chinese startup Manus to boost advanced AI featuresMeta is acquiring Chinese artificial intelligence startup Manus. This move aims to speed up the integration of advanced AI across Meta's pl...
- Sequoia Capital’s Roelof Botha steps down; Alfred Lin, Pat Grady to lead Silicon Valley VC firmRoelof Botha is stepping down as Sequoia Capital’s managing partner after three years. Alfred Lin and Pat Grady will take over leadership. ...
- Govt’s UPI boost; Meta’s fact-checking makeoverThrough an incentive scheme, the government is pushing low-level UPI payments in India. This and more in today’s ETtech Top 5.
- Under pressure, Telegram pulls off an elusive milestone: a profitTelegram is known for being minimally moderated and hosting toxic material. Therefore, sceptics have been questioning how the company would...
- Meta Platforms scoops up AI networking chip team from GraphcoreThe move brings additional muscle to the social media giant's bid to improve how its data centers handle AI work, as it races to cope with ...
- Meta scoops up AI networking chip team from GraphcoreThe move brings additional muscle to Meta's bid to improve how its data centers handle AI work, as it races to cope with demand for AI-orie...
- Meta seeks OpenAI's help to create AI coding assistant for its engineersMeta (formerly Facebook) is reportedly in touch with Microsoft and OpenAI's to develop an artificial intelligence (AI) coding assistant for...
- Microsoft’s GitHub fires almost half of India workforce; ad-based OTTs set to take offAfter announcing in February that it will reduce its workforce by 7%, Microsoft-owned code-sharing and publishing service GitHub laid off 4...
- EBay slams 'alarming' Meta subpoena in FTC monopoly caseEBay's lawyers said in a filing in the San Francisco federal court that Meta is demanding confidential business information about eBay's pr...
- India on route to becoming digital superpower: Meta’s Nick Clegg; Sequoia responds as Algo dumps defamation suitIndia’s take on digital issues is “refreshingly straightforward”, Nick Clegg, Meta’s president for global policy affairs, told us in an exc...
- Now, Sequoia cautions founders; Invact angel investor says CEO holding company hostage; and Country Delight valued at $615 millionSequoia Capital has issued another worldwide downturn missive cautioning its portfolio founders not to expect a speedy recovery from curren...
- Meta, Kalaari Capital partner to scale India’s early stage startupsMeta is partnering with the company as part of its 'VC Brand Incubator Initiative' for helping MSMEs grow in India
- Meta onboards Sequoia India to boost SMBs' growth"Meta and Sequoia India are both working towards the common goal of unlocking more growth opportunities for small businesses in India," sai...
- Nykaa’s Q3 results; Meta concerned about India’s data billThe parent company of beauty retailer Nykaa, which had a blockbuster IPO in 2021, has reported a 58% year-on-year fall in its consolidated ...
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