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Meta hits pause on hiring for AI division

21 Aug 2025, 15:32 PM

Meta Platforms has temporarily stopped hiring in its artificial intelligence department, the Wall Street Journal reported.This...

Motilal Oswal Mutual Fund hikes stake in Paytm

20 Aug 2025, 17:28 PM

Motilal Oswal Mutual Fund has increased its stake in One Communications Ltd, the parent company of Paytm, by acquiring additional shares....

OpenAI employees looking to sell shares worth $6 billion to Softbank, others

18 Aug 2025, 12:29 PM

OpenAI's current and former employees may sell shares worth nearly $6 billion to existing investors including SoftBank, the Bloomberg reported.

RBI committee proposes AI framework for financial services sector

14 Aug 2025, 18:41 PM

A survey conducted by the Reserve Bank of India (RBI) found that only a fifth of the financial entities in the country were active in AI adoption....

Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

13 Aug 2025, 13:20 PM

The year 2016 will be remembered by most Indians for queuing up for hours outside ATMs and banks following Prime Minister Narendra Modi’s decision to ...

Pine Labs appoints Avendus Capital's Sameer Kamath as CFO

08 Aug 2025, 10:12 AM

Pine Labs has appointed former Avendus Capital executive Sameer Kamath as its chief financial officer. In this role, Kama...

Fibe raises Rs 225 crore via NCDs

06 Aug 2025, 11:30 AM

Digital lending company Fibe has raised Rs 225 crore (around $25 million) through debt financing from several institutional investors including Franklin...

Clear cuts software engineers and IIT freshers in major restructuring

07 Aug 2025, 10:39 AM

Clear, a venture capital backed online taxation and fintech software provider, has laid off around 25%, or 150-200 of its workforce, two people aware of...

Mistral in talks to raise $1 billion

04 Aug 2025, 12:52 PM

AI startup Mistral is in talks with investors to raise $1 billion at a valuation of $10 billion, according to the Financial Times.

Apple creates new team to build ChatGPT-like app

04 Aug 2025, 12:15 PM

Tech giant Apple has created a new team to build a ChatGPT-like app called Answers, Knowledge and Information, according to Bloomberg.

SiMa.ai raises $85 million led by Maverick Capital

01 Aug 2025, 21:48 PM

SiMa.ai, a company delivering hardware and software solutions for Physical AI, has raised $85 million in an oversubscribed round, bringing total capital...

Thinking Machines Lab employees rebuff Meta's offer as high as $1 billion

31 Jul 2025, 10:35 AM

Meta made an attempt to lure a handful of senior researchers from a one-year-old startup founded by former OpenAI CTO Mira Murati, signalling the Mark Z...

Groq nears $600 million funding at around $6 billion valuation

30 Jul 2025, 14:37 PM

AI chip startup Groq is close to raising $600 million in a new funding round at about $6 billion valuation, the Bloomberg reported....

At a Glance: Global bipedal robot race accelerates as Chinese firms make bigger strides

29 Jul 2025, 15:47 PM

When Elon Musk asserted Tesla's dominance in the humanoid robots space earlier in April, he also displayed a show of humility which was not very America...

China's Unitree prices new humanoid robot at under $6,000

26 Jul 2025, 20:18 PM

China robotics company Unitree Robotics has launched a new humanoid model at a starting price of just under $6,000, underlining the Asian country's ambi...

OpenAI's Shengjia Zhao named as chief scientist of Meta Superintelligence Labs

26 Jul 2025, 19:36 PM

Meta has appointed Shengjia Zhao, one of the original developers behind OpenAI's ChatGPT, as the chief scientist for its newly set up Meta Superintellig...

BNPL startup Simpl under ED scanner over Rs 913 crore FDI violation

25 Jul 2025, 12:28 PM

The Enforcement Directorate (ED) has filed a complaint under the Foreign Exchange Management Act (FEMA) against One Sigma Technologies Pvt Ltd, whi...

Digital lender KreditBee converts into public entity ahead of IPO

25 Jul 2025, 13:02 PM

Bengaluru-based digital lending platform KreditBee has received approval from its board to convert into a public entity ahead of its initial public offe...

IPO-bound digital lender Ring (Kissht) sees FY25 profit dip, disbursements halved

25 Jul 2025, 12:26 PM

OnEMi Technologies Pvt Ltd, the parent entity of IPO-bound fintech startup Ring (earlier known as Kissht) and systemically important non-deposit taking ...

EduFund raises $6 million in Series A funding

25 Jul 2025, 12:28 PM

EduFund, a company focused on education financing, has raised $6 million in its Series A funding round led by Cercano Management.