CME Group to sue CFTC over approval of perpetual futures, CEO tells CNBC
CME Group CEO Duffy said perpetual futures should be classified as swaps under the Dodd-Frank Act, which would form the basis of the lawsuit.
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CME Group CEO Duffy said perpetual futures should be classified as swaps under the Dodd-Frank Act, which would form the basis of the lawsuit.
Enterprises have poured billions into artificial intelligence infrastructure — GPUs, cloud capacity, model tooling — yet most deployments remain mired in experimentation rather than generating measurable business value. The bottleneck is not compute. It is AI ready data. The gap between owning data
French authorities said that government cybersecurity researchers will stop certifying security products that lack quantum-resistant encryption beginning in 2027.
Markets wobbled after mixed comments from President Trump on the Iran peace deal and Fed Chair Kevin Warsh signaling a new direction from the Federal Reserve.
Agentic artificial intelligence startup Convey Inc. said today it has raised $38 million in early-stage funding to scale up its platform, which can be used by workers without technical skills to design, build and run digital teammates that can perform business tasks autonomously. Andreessen Horowitz
Conduct AI Ltd today announced that it has raised $60 million in funding to enhance its namesake code modernization platform. Index Ventures and ICONIQ co-led the Series A investment. They were joined by SAP SE along with returning backers Creandum, Lucid Capital and Booom. The off-the-shelf softwar
Private equity-backed firms are increasingly establishing Global Capability Centres (GCCs) in India, moving beyond cost savings to build AI, engineering, and product capabilities. This trend signifies a shift from large corporations to mid-market companies leveraging GCCs as a strategic value-creati
Vetic, a pet care startup, has secured $40 million in funding. This investment will fuel the expansion of its clinic network, adding 25 new centers in major Indian cities. The company aims to integrate consultations, diagnostics, pharmacy, and grooming onto a single platform. Vetic also plans to enh
Vetic will use the fresh capital to expand its clinic network and also to enhance the technology platform.
Tata Electronics has partnered with Malaysian cleanroom specialist IAQ Group for its upcoming semiconductor fab in Dholera. This collaboration aims to ensure the facility meets stringent cleanroom standards, a critical factor for semiconductor manufacturing. IAQ Group's expertise will be crucial for
Retail investors are increasingly participating in corporate bonds, with monthly investments surging to Rs 1,500-2,000 crore. This growth is driven by increased advertising, investor education, and a wider range of issuers. Fintech platforms are actively expanding their offerings in this segment, re
Mercedes-Benz is significantly leveraging its Indian R&D center in Bengaluru for its biggest software transformation to date, MB.OS, which will power future S-Class models and other vehicles. This proprietary operating system, designed with AI integration, is crucial for the automaker's shift toward
Bengaluru-Karnataka secured 15th place globally for startup ecosystems. The region attracted $39 billion in venture funding from 2021 to 2025.
Angel investors are offloading Rapido shares worth Rs 100 crore as part of a larger $730 million funding round. Swiggy, an early investor, has fully exited its stake. The deal aims for a $3 billion valuation, though some investors are pushing back on pricing.
India's electronics exports are surging, now its third-largest category, with ambitions to become second. The nation's electronics manufacturing sector is valued at Rs 13 lakh crore. The minister was speaking at the inauguration of American electronics manufacturing services firm Jabil’s new advance
Delhi High Court questioned the government's temporary ban on Telegram, imposed ahead of the NEET re-exam to curb cheating and fake paper circulation. The court seeks supporting documents for the blocking order, while Telegram faces restrictions until June 30, with the app delisted from app stores.
Pet healthcare startup Vetic has secured $40 Mn (₹377.7 Cr) in a funding round led by existing investor Bessemer Venture…
Indian IT firms are facing a shortage of Forward Deployed Engineers (FDEs), crucial for AI adoption and client-site customization. To compensate, companies are bundling multiple specialist roles into a single FDE, leading to clients not receiving the expected deep tech expertise and potentially high
The Trump administration's haphazard "AI-first"approach to warfare has already killed countless innocents and is setting the stage for a world where no human is ever to blame for the deaths.
The Trump Mobile T1 is here, and it is not what was promised. When Donald Trump’s eldest sons unveiled it at Trump Tower a year ago, the pitch was a gold-coloured handset with an iPhone resemblance, proudly made in the US. What shipped is a rebranded HTC U24 Pro, a Taiwanese midrange phone from mid-