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Instacart cofounder Apoorva Mehta launched Abundance, a hedge fund utilising thousands of AI agents to independently manage trades, research, and stock selection. This innovative approach aims to replace human portfolio managers entirely, with some strategies already operating solely on AI. Mehta be
Google is investing a massive $10 billion in AI firm Anthropic. This deal could reach $40 billion, strengthening ties between the two tech giants. Anthropic's AI tools are seeing huge demand. Google aims to boost its chip and cloud services business. This partnership highlights the intense competiti
Women face significant hurdles in India's deeptech sector, with entry-level representation as low as 0-10% for many firms. Despite steady job-seeking, structural barriers hinder career progression and create pay perception gaps. Employers acknowledge workplace structures impact opportunity access, y
Startup funding saw a 33% year-on-year decline, with $66 million raised in the week to February 24, though this was a 43.8% increase from the previous week. Cheque sizes also reduced, with fewer deals this year. Top VCs included Rainmatter, All In Capital, and Blume Ventures.
Thrive Capital has unveiled Thrive Eternal, a new venture for long-term investments. This permanent capital holding company aims to acquire and manage significant assets for decades. Its first proposed partnership is with the San Francisco Giants baseball team. This move signifies Thrive Capital's e
Chinese AI startup DeepSeek has launched V4, a new model designed for Huawei chips. This move strengthens China's drive for an independent AI sector. The V4 model comes in Pro and Flash versions, offering advanced capabilities. DeepSeek's adaptation for Huawei hardware signals progress in domestic A
American chip stocks hit new peaks on Friday. Intel's strong revenue forecast boosted optimism about the ongoing AI boom. The semiconductor sector is seeing significant earnings growth. Companies like AMD and Arm also saw their shares climb. Nvidia, the world's most valuable company, also rose. This
Canadian AI company Cohere is acquiring German tech startup Aleph Alpha. This move aims to expand Cohere's reach in regulated European markets. Investor Schwarz Group will also inject $600 million into Cohere's upcoming funding round. The partnership seeks to offer secure, customized AI solutions ac
Infosys saw its employee base decrease by 8,440 in Q4FY26, despite reporting higher quarterly profits. The IT major's total headcount stood at 3,28,594 at the end of March 2026. This quarterly dip contrasts with a year-on-year increase of 5,016 employees.
Under the agreement, Naukri will offer a customised GCC starter package at no cost for the first 90 days to newly established centres registered with the Karnataka Innovation and Technology Society, the department said.
Production of foundry and memory chips at Samsung Electronics's facilities in South Korea dropped 58% and 18%, respectively, during the overnight shift on Thursday as unionised workers attended a rally demanding higher wages, the company's union said.
SpaceX's ambitious IPO plans reveal a pivot towards AI, with significant capital spending allocated to its AI division, xAI. While Starlink's profitability offsets space division losses, the company's AI investments are substantial, resembling a large startup's cash-burn profile. Investors seek clar
Chinese regulators, including the National Development and Reform Commission, have recently instructed several private technology firms to reject U.S. investment in funding rounds unless explicitly approved,, the report said.
Europe's top securities watchdog highlights escalating cyber threats due to fast-advancing AI. Regulators are boosting defenses and expertise to oversee critical tech providers. High market valuations and potential sell-offs are under close watch. Policing the crypto perimeter presents a new challen
OpenAI unveils GPT-5.5, its most advanced model for research, capable of handling complex tasks with minimal guidance. This new AI can plan, use tools, and self-correct, marking a significant step towards machines accelerating AI research and potentially AGI. It's now available to Plus, Pro, Busines
Norway plans to ban children under 16 from social media. A bill will be presented to parliament by year-end. Technology companies will be responsible for age verification. This move aims to protect children's digital lives and ensure they experience a normal childhood. Other European nations are als