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PERPLEXITY REVENUE RISES
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...- US Stocks: Snap to cut 1,000 jobs after activist pressure, bets on AI efficiency; shares up 5%Snap will lay off about 1,000 employees, including 16% of full-time staff, the company said on Wednesday, becoming the latest tech firm to ...
- Perplexity CEO Aravind Srinivas says revenue hit $500 million after Computer pivotPerplexity AI has announced a fivefold revenue increase, reaching $500 million while limiting headcount growth to 34%. This significant rev...
- Perplexity’s revenue has shot up 50% in one month, amid shift in focus to AI agents: FTPerplexity’s revenue jumped 50% in a month, crossing $450 million ARR, as it pivots towards AI agents. Growth is driven by new tools, usage...
- PYPL stock fell today after report says PayPal not in sale talks with Stripe – here's what investors need to knowPayPal PYPL stock today: PayPal's stock dropped after a report denying active takeover talks with Stripe or any other entity. Executives ar...
- Snap’s Bold $400 M AI Play: How Snapchat Prepares to Disrupt Search and AdsIn a game-changing move, Snap Inc. is partnering with Perplexity AI in a $400 million deal to bring conversational-AI search directly into ...
- Bharti Hexacom shares rise 3% after Q2 net profit jumps 66.4% to Rs 421 croreBharti Hexacom shares: The telecom operator posted a strong September quarter, with net profit surging 66.4% year-on-year to Rs 421 crore a...
- Global AI companies come for 900 million Indian mobile users, what’s in it for telecom operators?Welcome to India's exciting chapter of 'free AI', where telecom powerhouses like Reliance Jio and Airtel are integrating state-of-the-art A...
- US stock market ends the October on a strong note — How did the S&P 500, Nasdaq and Dow perform? Here’s the top gainers and losers on Wall StreetUS stock market today surged as Amazon shares jumped 9.6% after reporting Q3 revenue of $180.2 billion and 20% growth at AWS. The Nasdaq ro...
- Google Parent Alphabet surpasses $100 Billion in quarterly revenue as AI expansion acceleratesAlphabet Inc., Google’s parent company, achieved a remarkable landmark by surpassing $100 billion in quarterly revenue for the very first t...
- Google investors expect more gains after 38% stock surgeAlphabet’s stock is rising fast as investors wait for its earnings report. People are excited about Google’s new AI plans and products like...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories this week. Let's take a look.
- Infra.Market IPO; RBI Guv on UPI chargesInfra.Market has filed the draft papers for a public market listing. This and more in today's ETtech Top 5.
- Aravind Srinivas on Perplexity’s India plans; Groww founders up stakeHappy Wednesday! In an exclusive interview, Perplexity CEO Aravind Srinivas details the AI company’s India push, competition with Google an...
- H-1B sparks homecoming; Indian IT's $100k dilemmaHappy Monday! H-1B visa changes could affect tech talent and companies worldwide. This and more in today's ETtech Morning Dispatch.
- ChatGPT is eyeing its Reliance Jio moment in IndiaOpenAI is targeting the Indian market with ChatGPT Go, a cheaper subscription. It costs Rs 399 per month. This offers more access than the ...
- FirstCry trims Q1 loss; Fractal's Rs 4,900-crore IPOMother-and-kids retailer FirstCry cut its Q1 FY26 losses as revenue climbed. This and more in today's ETtech Top 5.
- Alphabet will seek to reassure investors as AI rivals step up competitionAlphabet is working to strengthen its search and advertising businesses amid competition from AI startups. Rivals like OpenAI and Perplexit...
- OpenAI weighs advertisement model as costs rise, but no active plans yet: reportOpenAI's costs are expected to exceed $5 billion annually. This includes training and deployment of generative AI tools like ChatGPT. The c...
- Beer in Karnataka may get costlier from next month. Check all details hereThe Congress government plans to increase duty on beer by 10 percentage points to boost demand for Indian-Made liquor, which is a significa...
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