AI startup Baseten hits $13 billion valuation as Australia's Blackbird makes record betThe round was led by U.S.-based investors Sands Capital and Wellington Management, Baseten said late on Monday. Top Australian venture ca...
23 Jun, 2026, 09.12 AM IST
SpaceX falls for third day, erases $600 billion in market valueSpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announ...
23 Jun, 2026, 06.30 AM IST
AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
20 Jun, 2026, 10.19 AM IST
AI startup Genspark valued at $2.6 billion in latest funding roundGenspark.ai secured $100 million in funding, valuing the company at $2.6 billion. This investment underscores strong investor confidence in...
17 Jun, 2026, 08.22 PM IST
China to support IPOs by 'future industry' startups, large model companiesThe announcements came after China's top securities regulator vowed to "actively embrace" a new phase of technological revolution and indus...
17 Jun, 2026, 04.15 PM IST
South Park Commons backed Maya Research wants to build a voice interface that speaks like a localMaya Research is developing conversational AI models designed to speak and respond like native speakers across languages and cultural conte...
17 Jun, 2026, 02.39 PM IST
Inside Cursor's journey to a $60 billion deal with Elon Musk’s SpaceXSpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move p...
17 Jun, 2026, 06.00 AM IST
SpaceX to acquire AI coding company Cursor for $60 billionSpaceX is set to acquire AI coding firm Anysphere, creators of Cursor, for a staggering $60 billion. This strategic move aims to bolster Sp...
16 Jun, 2026, 08.44 PM IST
Sarvam: When US slams the door, India begins to find its own openingSarvam AI’s rise to a $1.5 bn valuation after raising $234 mn marks a major milestone for India’s push toward AI sovereignty. The funding c...
16 Jun, 2026, 07.04 PM IST
SoftBank Vision Fund CFO Navneet Govil exits after a decade as AI bets take centre stageNavneet Govil, the chief financial officer of SoftBank's Vision Fund, is departing after a decade. His exit comes as the investment giant, ...
16 Jun, 2026, 06.14 AM IST
Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...
15 Jun, 2026, 09.11 PM IST
Human-centric technology at heart of India's AI ambitions: PM Narendra Modi at Bharat Innovates 2026Prime Minister Narendra Modi emphasised India's "technology for humanity" approach at Bharat Innovates 2026 in Nice, aligning with India's ...
14 Jun, 2026, 09.17 PM IST
France’s Mistral in funding talks at about €20 billion valuationFrench AI startup Mistral AI is reportedly in talks to raise approximately €3 billion ($3.5 billion) at a valuation of around €20 billion. ...
13 Jun, 2026, 12.23 AM IST
How a 22-year-old Indian techie dropped out to build an AI startupA 22-year-old Indian entrepreneur, Kinjal Nandy, has secured significant pre-seed funding for his AI startup, Sonatic, at a ₹191 crore valu...
12 Jun, 2026, 07.59 PM IST
Anthropic pursues data center leases, seeks financial backing from GoogleAI firm Anthropic is planning to lease and manage its own data centers. The company is seeking financial backing from Alphabet's Google for...
11 Jun, 2026, 11.24 PM IST
Anthropic CEO Dario Amodei has only one direct reportAnthropic CEO Dario Amodei has an unusually small direct report count, focusing his time on big-picture strategy and culture. This leadersh...
10 Jun, 2026, 07.59 PM IST
DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
08 Jun, 2026, 09.53 PM IST