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Meta Invests Over $10 Million In Scale AI, Takes In CEO Alexandr Wang
Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.
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Stablecoin Firm Circle Adds to Stellar First Day Gains with Another Stock Surge
Circle's stock went as high as $123.49 (roughly Rs. 10,566), nearly four times its $31 (roughly Rs. 2,650) offer price and valuing the company at $32.1 (roughly Rs. 2,74,676 crore) billion on a fully diluted basis. The blockbuster listing also reinforced expectations that the IPO market was regaining its momentum after being stifled by tariff-dri...
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Meta Set to Throw Billions at Startup That Leads AI Data Market
Meta is in talks to make a multibillion-dollar investment in Scale AI. The financing may exceed $10 billion (roughly Rs. 85,533 crore) in value, making it one of the largest private company funding events of all time.
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Centre To Provide Major Part Of Startup Fund To Sectors Like New Age Tech, AI
The commerce and industry ministry will allocate a major part of the second Rs 10,000 crore Fund of Funds Scheme (FFS) For startups to budding entrepreneurs in sectors such as new-age technology, AI, and machine building, an official said.
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Elon Musk's Social Media Firm X Bought by His AI Company, Valued at $33 Billion
Elon Musk's xAI has acquired X in a deal that values the social media platform at $33 billion (roughly Rs. 2,82,447 crore). Much of the deal's specifics remain unclear, such as how X's leaders would be integrated in the new firm or whether there would be regulatory scrutiny.
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Indian Government Launches AI Compute Portal, Dataset Repository AIKosha to Boost Innovation
The Indian Ministry of Electronics and Information Technology (MeitY) launched several artificial intelligence (AI) initiatives on Thursday. The announcements were made on the occasion of the first anniversary of the IndiaAI Mission, which is on March 7. Union IT minister Ashwini Vaishnaw unveiled the India AI Compute Portal during an event, which ...
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This Indian Startup Promises To 'Deliver' Humans In 10 Minutes For Career Advice, Internet Reacts
Through Topmate, users can instantly connect with industry professionals, experts, and thought leaders from top companies and domains.
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Indian Startups To Showcase Innovations In India Energy Week: 10 Points
Indian Start-ups will showcase their innovations to over 70,000 energy professionals from 120 countries in the India Energy Week (IEW) scheduled to be held on February 11-14 at Yashobhoomi, Delhi. There will be a special startup pavilion at IEW 2025.
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Budget 2025: Tech in Focus With Framework for GCCs, New 'Fund of Funds' for startups, CoE for AI
Finance Minister Nirmala Sitharaman announced a national framework for Global Capability Centres (GCCs), a Rs 500-crore Centre of Excellence in AI for education, and a deep tech 'Fund of Funds' in the Union Budget. The framework will guide states in promoting GCCs in Tier-2 cities, enhancing talent and infrastructure, building byelaw reforms, and f...
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Budget 2025: Finance Minister Announces Scheme For Startups With Rs 10,000 Crore Corpus
The announcement assumes significance as the government is focusing on promoting innovation through startups.
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Alibaba Releases AI Model It Claims Surpasses DeepSeek-V3
The Jan. 10 release of DeepSeek's AI assistant, powered by the DeepSeek-V3 model, as well as the Jan. 20 release of its R1 model, has shocked Silicon Valley and caused tech shares to plunge
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"Ahmedabad 10 Years Ahead Of Bengaluru": Startup CEO's Remark Sparks Viral Debate
Siddharth Dialani, Founder and CEO of BharatAgri, praised Ahmedabad's roads, infrastructure, and traffic management.
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"Tier 1" College Student Rejects Rs 10,000 Internship Offer, Sparks Debate Online
A recent exchange between a startup founder and a college student has sparked a debate on social media on whether the prestige of one's college should determine one's salary at a job.
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OpenAI Co-Founder Raises $1 Billion for Safety-Focussed AI Startup SSI
The SSI, which currently has 10 employees, plans to use the funds to acquire computing power and hire top talent. It will focus on building a small highly trusted team of researchers and engineers split between Palo Alto, California and Tel Aviv, Israel.
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OpenAI Co-Founder Sutskever's New Safety-Focused AI Startup SSI Raises $1 billion
The Company currently has 10 employees and plans to use funds to acquire computing power and hire top talent. It will focus on building a small highly trusted team of researchers and engineers split between Palo Alto, California and Tel Aviv, Israe
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Meta Invests Over $10 Million In Scale AI, Takes In CEO Alexandr Wang
Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.
-
Stablecoin Firm Circle Adds to Stellar First Day Gains with Another Stock Surge
Circle's stock went as high as $123.49 (roughly Rs. 10,566), nearly four times its $31 (roughly Rs. 2,650) offer price and valuing the company at $32.1 (roughly Rs. 2,74,676 crore) billion on a fully diluted basis. The blockbuster listing also reinforced expectations that the IPO market was regaining its momentum after being stifled by tariff-dri...
-
Meta Set to Throw Billions at Startup That Leads AI Data Market
Meta is in talks to make a multibillion-dollar investment in Scale AI. The financing may exceed $10 billion (roughly Rs. 85,533 crore) in value, making it one of the largest private company funding events of all time.
-
Centre To Provide Major Part Of Startup Fund To Sectors Like New Age Tech, AI
The commerce and industry ministry will allocate a major part of the second Rs 10,000 crore Fund of Funds Scheme (FFS) For startups to budding entrepreneurs in sectors such as new-age technology, AI, and machine building, an official said.
-
Elon Musk's Social Media Firm X Bought by His AI Company, Valued at $33 Billion
Elon Musk's xAI has acquired X in a deal that values the social media platform at $33 billion (roughly Rs. 2,82,447 crore). Much of the deal's specifics remain unclear, such as how X's leaders would be integrated in the new firm or whether there would be regulatory scrutiny.
-
Indian Government Launches AI Compute Portal, Dataset Repository AIKosha to Boost Innovation
The Indian Ministry of Electronics and Information Technology (MeitY) launched several artificial intelligence (AI) initiatives on Thursday. The announcements were made on the occasion of the first anniversary of the IndiaAI Mission, which is on March 7. Union IT minister Ashwini Vaishnaw unveiled the India AI Compute Portal during an event, which ...
-
This Indian Startup Promises To 'Deliver' Humans In 10 Minutes For Career Advice, Internet Reacts
Through Topmate, users can instantly connect with industry professionals, experts, and thought leaders from top companies and domains.
-
Indian Startups To Showcase Innovations In India Energy Week: 10 Points
Indian Start-ups will showcase their innovations to over 70,000 energy professionals from 120 countries in the India Energy Week (IEW) scheduled to be held on February 11-14 at Yashobhoomi, Delhi. There will be a special startup pavilion at IEW 2025.
-
Budget 2025: Tech in Focus With Framework for GCCs, New 'Fund of Funds' for startups, CoE for AI
Finance Minister Nirmala Sitharaman announced a national framework for Global Capability Centres (GCCs), a Rs 500-crore Centre of Excellence in AI for education, and a deep tech 'Fund of Funds' in the Union Budget. The framework will guide states in promoting GCCs in Tier-2 cities, enhancing talent and infrastructure, building byelaw reforms, and f...
-
Budget 2025: Finance Minister Announces Scheme For Startups With Rs 10,000 Crore Corpus
The announcement assumes significance as the government is focusing on promoting innovation through startups.
-
Alibaba Releases AI Model It Claims Surpasses DeepSeek-V3
The Jan. 10 release of DeepSeek's AI assistant, powered by the DeepSeek-V3 model, as well as the Jan. 20 release of its R1 model, has shocked Silicon Valley and caused tech shares to plunge
-
"Ahmedabad 10 Years Ahead Of Bengaluru": Startup CEO's Remark Sparks Viral Debate
Siddharth Dialani, Founder and CEO of BharatAgri, praised Ahmedabad's roads, infrastructure, and traffic management.
-
"Tier 1" College Student Rejects Rs 10,000 Internship Offer, Sparks Debate Online
A recent exchange between a startup founder and a college student has sparked a debate on social media on whether the prestige of one's college should determine one's salary at a job.
-
OpenAI Co-Founder Raises $1 Billion for Safety-Focussed AI Startup SSI
The SSI, which currently has 10 employees, plans to use the funds to acquire computing power and hire top talent. It will focus on building a small highly trusted team of researchers and engineers split between Palo Alto, California and Tel Aviv, Israel.
-
OpenAI Co-Founder Sutskever's New Safety-Focused AI Startup SSI Raises $1 billion
The Company currently has 10 employees and plans to use funds to acquire computing power and hire top talent. It will focus on building a small highly trusted team of researchers and engineers split between Palo Alto, California and Tel Aviv, Israe
