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Accel’s $550 million India fund; South Park Commons bets on deeptechHappy Wednesday! Venture capital firm Accel has raised its ninth India fund. This and more in today’s ETtech Morning Dispatch.
PayU India CEO on MDR; Qcomm’s festive hiringPayU India CEO Anirban Mukherjee has backed a simple pricing model for UPI charges. This and more in today's ETtech Top 5.
Meta, TikTok agree to fact check content on Spain border crossings after deadly incidentThe purpose is to prevent criminal networks from enticing potential migrants to attempt to cross with false information, which has led to...
French media asks French anti-trust watchdog to act on Google's AIThe media have called on the regulator to make a decision similar to the one in July that ordered Meta to put forward a payment plan and ...
ET Graphics: The brief life of frontier AIThis strategy helps reduce infrastructure costs and concentrate computing resources on newer frontier models, but it also forces developers...
Microsoft plans to unveil its new Maia 300 AI chip this fall: The InformationMicrosoft is planning to publicly unveil its new Maia 300 chip this fall, potentially as soon as next month, The Information reported o...
GameStop weighing withdrawal of eBay bid: Bloomberg NewsGameStop CEO Ryan Cohen is considering withdrawing the company's $56 billion bid for eBay, Bloomberg News reported on Monday, citing peo...
Kaynes Tech shares crash 8% after weak Q1 results: What are Nomura and Motilal Oswal sayingKaynes Technology shares tanked 8% after the electronics manufacturing services firm reported a 24.4% YoY decline in Q1 FY27 net profit to ...
L&T Innovation Fund to offer deeptech market access beyond capitalSushma Kaushik, head of the L&T Innovation Fund, told ET that L&T’s business leaders have themselves started scouting startups, a shift fro...
Blackstone's AGS Health files updated draft papers for $500 million India IPOIn a significant move, AGS Health, operating under Blackstone, has filed revised draft documents for its upcoming IPO in India, which is pr...
Nvidia to invest up to $3 billion in Stargate data centre developer Lancium: The InformationNvidia will get a 20% stake in Lancium for the first $2 billion investment, and its stake could grow to an additional $1 billion if Lanci...
Alphabet seeks up to $25 billion from its latest bond sale: BloombergAlphabet is seeking up to twenty-five billion dollars from its latest U.S. bond offering. This move comes after the tech giant's capital sp...
Mastercard says UPI complements digital payments ecosystem, not a competitorMastercard sees India's UPI as a complementary platform for digital payments. This homegrown system has significantly expanded the country'...
UPI no challenge to Mastercard, has expanded digital payments: ExecMastercard India head Gautam Aggarwal sees UPI as a complementary system. UPI has educated consumers and expanded the digital payments mark...
Impact of MDR’s return; KKR veterans to anchor new fundHappy Thursday! Competition in the payments space may change with merchant fees on UPI potentially making a comeback. This and more in toda...
IMF flags rising financial stability risks as BigTech expands deeper into payments, lending and financial servicesThe International Monetary Fund (IMF) has warned that the growing role of large technology companies in financial services could pose risks...
Australia hikes levy for tech giants that fail to strike local news dealsAustralia's government has raised a planned levy on tech giants. This charge will apply if they fail to reach news deals. The levy now stan...