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#et-tech

443 articles found

Sahamati secures Rs 50 crore in funding from large banks, AMCs, stockbrokers and fintechs
· 3 days ago· ET Tech

Sahamati secures Rs 50 crore in funding from large banks, AMCs, stockbrokers and fintechs

Sahamati, the NBFC-Account Aggregator body, has raised Rs 50 crore from major banks, asset management companies, stockbrokers, and fintechs. This funding will enhance the data sharing platform's infrastructure and participation. The investment supports the development of a robust framework for finan

#india#et-tech
Google breaks ground on Indian AI megahub
· 3 days ago· ET Tech

Google breaks ground on Indian AI megahub

Google has begun construction on its largest artificial intelligence hub outside the United States. "By establishing Vizag as an international subsea gateway, we will add vital diversity from the existing landings, in Mumbai and Chennai, increasing the resilience of India's digital backbone and impr

#india#et-tech
Adobe brings agentic AI to Firefly, enabling cross-app workflows with Photoshop, Premiere Pro, other tools
· 3 days ago· ET Tech

Adobe brings agentic AI to Firefly, enabling cross-app workflows with Photoshop, Premiere Pro, other tools

Adobe has launched public testing for its agentic Firefly AI assistant, designed to operate across its creative product suite. This conversational interface allows users to execute complex tasks through natural language prompts without switching applications. Users can also intervene at any stage, r

#india#et-tech
VC firm Peak XV exits MobiKwik in block deal worth over $13.76 million
· 3 days ago· ET Tech

VC firm Peak XV exits MobiKwik in block deal worth over $13.76 million

Peak XV Partners has exited One MobiKwik Systems in a block deal worth over Rs 1.30 ​billion.

#india#et-tech
One giant leap for AI: Companies rethink how and where data is processed
· 3 days ago· ET Tech

One giant leap for AI: Companies rethink how and where data is processed

Big tech and startups are developing orbital data centers to process AI-driven data in space, reducing latency and energy use. This edge computing approach allows satellites to prioritize and transmit high-value data, enhancing mission autonomy and enabling quicker insights for sectors like defense

#india#et-tech
Winning with AI: I was drowning in AI news, an agent helped me fix it
· 3 days ago· ET Tech

Winning with AI: I was drowning in AI news, an agent helped me fix it

Tired of missing key AI developments, Parminder Singh created AI Radar, a daily digest delivered to his notes app. By identifying trusted sources, using an agentic platform for browsing and scheduling, and crafting precise prompts, he receives curated AI news.

#india#et-tech
Anthropic Mythos: Firms with access to model say speed of response, not uncovering flaws, is key
· 3 days ago· ET Tech

Anthropic Mythos: Firms with access to model say speed of response, not uncovering flaws, is key

A new AI model, Mythos, drastically shrinks the time between discovering and exploiting software vulnerabilities, creating a critical "kill zone" for companies. Indian firms, with slow patching cycles, face significant risk as AI-driven attacks become faster and more accessible, necessitating a shif

#india#et-tech
Anthropic Mythos shrinks vulnerability exploit window, Indian companies at risk
· 3 days ago· ET Tech

Anthropic Mythos shrinks vulnerability exploit window, Indian companies at risk

A new AI model, Mythos, drastically shrinks the time between discovering and exploiting software vulnerabilities, creating a critical "kill zone" for companies. Indian firms, with slow patching cycles, face significant risk as AI-driven attacks become faster and more accessible, necessitating a shif

#india#et-tech
Nvidia B200 GPU prices fall 10% in IndiaAI tender
· 3 days ago· ET Tech

Nvidia B200 GPU prices fall 10% in IndiaAI tender

Nvidia's B200 GPU prices have seen a 10% drop in IndiaAI Mission tenders due to aggressive bidding by compute service providers. While this makes advanced compute more affordable domestically, some executives express concerns about long-term viability given rising global costs and a weakening rupee.

#india#et-tech
Digital lenders put small business on watch list
· 3 days ago· ET Tech

Digital lenders put small business on watch list

Digital lenders are becoming cautious about loans to small businesses like restaurants and petrol pumps. This move follows disruptions in West Asia that have increased costs for several sectors. Lenders are taking pre-emptive steps, especially for unsecured loans. Early signs of stress are visible,

#india#et-tech
ET Graphics: AI chips are the new flex of tech realm
· 3 days ago· ET Tech

ET Graphics: AI chips are the new flex of tech realm

Nvidia CEO Jensen Huang fiercely defended the company's China sales amidst a rapidly fragmenting AI chip market. Hyperscalers and AI labs are increasingly developing custom in-house chips, challenging Nvidia's once dominant position. Emerging contenders are now vying for the top spot in the AI chip

#india#et-tech
DFS is seeking lender data on war-hit SMEs
· 3 days ago· ET Tech

DFS is seeking lender data on war-hit SMEs

People familiar with the matter told ET that banks have been asked to provide details on sectors affected, like the Morbi-based ceramics industry or the restaurant industry hit due to non-availability of LPG.

#india#et-tech
Digital lenders wary of small biz; Mythos’ biggest security risk
· 3 days ago· ET Tech

Digital lenders wary of small biz; Mythos’ biggest security risk

Happy Tuesday! Digital lending firms are turning cautious on term loan exposure to small businesses. This and more in today’s ETtech Morning Dispatch.

#india#et-tech
Opening remarks Tuesday in Elon Musk versus OpenAI trial
· 3 days ago· ET Tech

Opening remarks Tuesday in Elon Musk versus OpenAI trial

A courtroom showdown begins Tuesday between billionaire Elon Musk and OpenAI. Musk alleges the artificial intelligence company betrayed its non-profit mission. OpenAI counters that Musk sought absolute control. The legal battle spotlights the debate on AI's benefit to society. The judge will decide

#india#et-tech
Cadence lifts annual revenue forecast on sustained AI chip-design boom
· 3 days ago· ET Tech

Cadence lifts annual revenue forecast on sustained AI chip-design boom

Cadence Design Systems anticipates strong revenue growth. The company expects higher earnings for fiscal 2026. This optimism stems from increased investment in specialized artificial intelligence processors. Demand for Cadence's chip design tools is surging. This is driven by complex system-on-chip

#india#et-tech
Eutelsat CEO says US demand holds despite SpaceX push to curb European rivals
· 3 days ago· ET Tech

Eutelsat CEO says US demand holds despite SpaceX push to curb European rivals

Despite SpaceX's call to restrict European rivals, Eutelsat's CEO states demand for alternative satellite services from US businesses and the Pentagon remains strong. Eutelsat, a key European competitor, sees continued appetite for its services, citing the need for reliability and redundancy among U

#india#et-tech
OpenAI falls short of revenue and user targets as it races toward IPO: Report
· 3 days ago· ET Tech

OpenAI falls short of revenue and user targets as it races toward IPO: Report

OpenAI is facing financial concerns. The company missed user and revenue targets recently. This has led to worries about funding its large data center expenses. The Chief Financial Officer has voiced these concerns. OpenAI also lost ground to a competitor in certain markets. ChatGPT's growth slowed.

#india#et-tech
Snabbit raises $56 million in funding from Susquehanna, others; home cooks next on plans
· 3 days ago· ET Tech

Snabbit raises $56 million in funding from Susquehanna, others; home cooks next on plans

Snabbit, an instant house help startup, has secured $56 million in a new funding round. This investment, led by Susquehanna Venture Capital and Mirae Asset Venture Investments, will fuel expansion into new markets and categories. The company focuses on on-demand home services and is piloting home co

#india#et-tech
Ashwini Vaishnaw arrives in Visakhapatnam for Google data centre foundation ceremony
· 3 days ago· ET Tech

Ashwini Vaishnaw arrives in Visakhapatnam for Google data centre foundation ceremony

Union Minister Ashwini Vaishnaw on Tuesday arrived in Visakhapatnam to participate in the foundation stone laying ceremony of the Google AI Data Centre at Tarluvada in Anandapuram mandal.

#india#et-tech
EU broadcasters say Digital Fairness Act should target Big Tech, not them
· 3 days ago· ET Tech

EU broadcasters say Digital Fairness Act should target Big Tech, not them

Leading European media outlets are raising alarms to EU regulators, urging that the forthcoming legislation against unfair digital practices ought to specifically address the dominance of Big Tech. They caution that the proposed Digital Fairness Act poses risks to their operations and the variety of

#india#et-tech
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