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In a system that was oppressive to business, Desh Bandhu Gupta (DBG) built a company and enabled an industry that now supplies medicines to the world. His biographer, Manish Sabharwal, shares the story of DBG and Indian pharma.
Former prosecutor Katie Haun has secured $1 billion for new venture funds, focusing on crypto and blockchain companies, with a strategic blend of AI and financial services. Her firm, Haun Ventures, aims for global investments, leveraging her unique background in law enforcement and tech to navigate
Investment firm Long Lake will acquire American Express Global Business Travel for six point three billion dollars. This all-cash deal signals growing confidence in dealmaking. Long Lake is betting on artificial intelligence to transform the corporate travel industry. The acquisition is expected to
New Mexico prosecutors are demanding significant changes to Meta's social media platforms. This follows a jury verdict finding the company harmed children's mental health. The state wants to curb addictive features, improve age verification, and prevent child exploitation. Meta vows to appeal and wa
Anthropic has launched Claude Security, an AI-powered vulnerability scanner built on Opus 4.7, weeks after Mythos triggered global cybersecurity concerns. The post Anthropic launches Claude Security for enterprises, but stops short of Mythos-level capabilities appeared first on MEDIANAMA.
Flipkart and Amazon are launching summer sales this month, featuring significant discounts on various smartphones. The sales start on May 5 for Amazon and May 8 for Flipkart, highlighting deals on premium models like the Galaxy S25 Ultra and iPhone 16.
Amazon is now offering its vast logistics network to other companies. Businesses can use Amazon's services for moving, storing, and delivering goods. This includes freight, distribution, and parcel shipping. Major companies like Procter & Gamble and 3M are already on board. Amazon's extensive transp
Chipmaker Cerebras is aiming for a significant valuation in its US initial public offering. The company's advanced AI chips are in high demand due to heavy spending on AI infrastructure. This IPO will test investor appetite for AI hardware companies. Cerebras' revenue has grown, and it has turned a
Indian space company Pixxel and AI firm Sarvam are collaborating on a groundbreaking orbital data centre satellite. This satellite, named Pathfinder, will process vast amounts of space-based data directly in orbit using advanced AI models. This innovation promises real-time insights for environmenta
Bengaluru's HealthFab, a menstrual hygiene startup, secured Rs 20 crore from Atomic Capital. The funding will fuel expansion beyond period underwear into a comprehensive period care platform, encompassing pain, sleep, and energy solutions. The company aims to bolster its offline presence and invest
OpenAI has launched a new venture, The Deployment Company. It has secured over $4 billion from 19 investors. This company will focus on helping businesses integrate OpenAI's AI software. The venture is valued at $10 billion and will be controlled by OpenAI. This move aims to boost AI adoption across
Ather Energy achieved its best financial year in FY26. The electric two-wheeler maker sold 2.63 lakh units, a 69% jump. Revenue grew 63% to Rs 3,671 crore. The company's net loss narrowed significantly. Growth was driven by the Rizta scooter and an expanded network. Ather is preparing for future gro
Gamestop has proposed a massive fifty-six billion dollar deal to acquire EBay. The videogame retailer, known for its meme-stock fame, is prepared to bypass EBay's board and take the offer directly to shareholders. This move signals a potential hostile takeover bid. EBay, a digital marketplace founde
The decade-old agrifood platform attributes its 50% YoY growth to deeper wallet share, stronger supply networks, and AI-powered workflows.
Digi Yatra Foundation has shared new details about its proposed international travel system, including e-passport enrollment, facial verification, and token-based identity sharing. The post Digi Yatra is developing an e-passport enrolment system for international travel appeared first on MEDIANAMA.
AI platform CelebsGPT, which lets users create "celebrity-style characters", has fake Allu Arjun chatbots similar to AI avatars on Instagram despite the court granting him personality rights The post Fake Allu Arjun AI chatbots still live despite Delhi HC order in personality rights case appeared fi
OnePlus announces a Summer Sale starting May 8, offering significant discounts on smartphones, tablets, and audio products.
