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QUITTING STARTUP
India's youngest self-made billionaire is looking for a room on D-StreetA teenager once pitched ₹30 lakh for a slice of his startup and mostly got no for an answer. That same idea now heads toward the public mar...- Alternatives to OpenAI, Anthropic: With US prime AI off the table, India opts for fine ChinaChinese open-source models, already popular among startups due to lower costs, may now make their way to large enterprises looking to avoid...
- Delhivery gets ecommerce bump; Amazon shakes up qcommDelhivery CEO Sahil Barua said ecommerce deliveries are leading the company’s growth. This and more in today’s ETtech Top 5.
- Crypto's ETF boom gets $4.5 billion reality check in brutal weekBitcoin ETFs are witnessing significant outflows, with over $1.3 billion withdrawn in the past week as the cryptocurrency's slump deepens. ...
- Uber India head Prabhjeet Singh quits, to join as OpenAI MDUber India's head, Prabhjeet Singh, is departing after an 11-year tenure to join OpenAI as its India MD. Singh, led Uber's significant grow...
- Uber India head ends trip; Amazon CEO on India opportunityUber's India head Prabhjeet Singh has stepped down after 11 years at the platform. This and more in today's ETtech Top 5.
- Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
- Amazon will look at acquisitions, continue to work with govt on expanding AI capabilities: Andy Jassy, CEOAmazon is significantly boosting its India investment, committing an additional $48 billion by 2030, bringing the total to nearly $90 billi...
- Sarvam gets state backing; Andy Jassy’s India visitHappy Thursday! The Indian government may soon end up taking a stake in Sarvam AI. This and more in today’s ETtech Morning Dispatch.
- Meet former Google engineer Aashna Doshi who quit her high-paying job to start a podcast and a startupAashna Doshi, a former Google engineer, has embarked on a new venture, launching her AI startup, Bounty. Driven by a desire for creative fr...
- Tech entrepreneurs seeking the next AI frontier are pivoting from chatbots to 'world models'AI is evolving beyond text-based chatbots, with researchers now focusing on "world models." These advanced systems aim to teach AI to under...
- All the world's a robot-staging ground for tech entrepreneurs building 'physical AI'Artificial intelligence is advancing beyond mere language comprehension. Researchers are now constructing 'world models' that allow AI syst...
- WhatsApp's future may not be invented in US but in India, one transaction at a timeMeta’s $900 million investment in Cred and the reported appointment of founder Kunal Shah to a global role at WhatsApp marks a significant ...
- Be proud & don't flatter yourself, days of the nightie are upon usThe humble Indian nightie, a symbol of practical modesty and comfort, is emerging as a powerful, yet overlooked, industry. Beyond its domes...
- France's OVHcloud plans frontier AI models to become Europe's second LLM playerOVHcloud aims to build advanced AI models. This move positions the European cloud provider as a competitor to Mistral. The company seeks to...
- AI executives gather at G7 as Europeans seek checks on American dominanceIn a rare huddle of AI industry figures, leaders of three of the most powerful AI companies -- OpenAI CEO Sam Altman, Google DeepMind CEO D...
- What next? Internet off before exams?In a bid to curtail exam leaks, the government has put a stop to Telegram access until June 21, impacting countless users in the process. C...
- Hari Menon exits BigBasket; Sarvam cofounder on fresh fundingBigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.
- Former Tech Mahindra executive Rajashree R joins VC firm Kalaari CapitalFormer Tech Mahindra executive Rajashree R has joined venture capital firm Kalaari Capital, bringing nearly two decades of IT sector experi...
- India now has 2.3 lakh startups, generated 25 lakh jobs: Union minister Jitendra SinghIndia's startup sector has created 25 lakh jobs in the last decade, becoming a major economic force. From just a few hundred startups in 20...
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