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Who Is Dhravya Shah? Mumbai Man Who Raised $3 Million For AI Startup From Silicon Valley Bigwigs
Shah dropped out of IIT prep to launch Supermemory AI, an innovative startup that's making waves in the tech world.
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Who Is Soham Parekh? The Indian Engineer Accused Of Duping Multiple US Startups
The news has sent shockwaves through Silicon Valley with founders, investors, and engineers reacting strongly to what many are labelling as one of the most brazen employment scams in recent memory.
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AI Upstart Manus Starts Text-to-Video Service to Take On OpenAI
Manus unveiled a text-to-video generation feature. The upstart, whose AI service is known for its ability to carry out multistep tasks the way humans do, said users can now similarly generate videos with text instructions.
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"No Silicon Valley": Startup Founder Reveals Why He Left Bengaluru In Just 16 Months
These challenges include facing investor biases due to his lack of an IIT degree and his limited Hindi proficiency.
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X Investors Have Lost $24 Billion Since Elon Musk Takeover In 2022: Report
When Elon Musk acquired X (then Twitter) in 2022 for $44 billion, he did so with the backing of a formidable group of investors, including Saudi Prince Alwaleed bin Talal, Twitter co-founder Jack Dorsey and leading Silicon Valley venture capital firm
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Inflection AI Raises $1.3 Billion Investment From Microsoft and Nvidia
Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday it had raised $1.3 billion (nearly Rs. 10,670 crore) from investors including Microsoft and Nvidia, amid a boom in the artificial intelligence (AI) sector. The investment, a mix of cash and cloud credit, valued the one-year-old company at $4 billion (nearly Rs....
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11 Days Of Turmoil That Brought Down 4 Banks, Left A Fifth Teetering
The speed with which four banks collapsed - and one continues to struggle - has left investors reeling. While the failures came in the span of just 11 days, the scenarios that brought them down were each unique.
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USDC Investors Pulled $3 Billion From Stablecoin in Three Days, Circle Says
USDC investors rushing to redeem their holdings in the wake of the collapse of Silicon Valley Bank resulted in $3 billion (roughly Rs. 24,840 crore) being pulled from the stablecoin, according to Circle. Users will soon be able to automatically redeem USDC through a new banking relationship with Cross River Bank, and Circle says it will continue ef...
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Silicon Valley Banks Collapse: How US Bank Regulators Missed Red Flags
With hindsight, there were warning signs ahead of last week's spectacular collapse of Silicon Valley Bank, missed not only by investors, but by bank regulators.
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Explained: What Led To Collapse Of Signature Bank?
Signature Bank started operations back in 2001 and grew to become one of the few banks to hold funds from cryptocurrency investors and startups.
-
Who Is Dhravya Shah? Mumbai Man Who Raised $3 Million For AI Startup From Silicon Valley Bigwigs
Shah dropped out of IIT prep to launch Supermemory AI, an innovative startup that's making waves in the tech world.
-
Who Is Soham Parekh? The Indian Engineer Accused Of Duping Multiple US Startups
The news has sent shockwaves through Silicon Valley with founders, investors, and engineers reacting strongly to what many are labelling as one of the most brazen employment scams in recent memory.
-
AI Upstart Manus Starts Text-to-Video Service to Take On OpenAI
Manus unveiled a text-to-video generation feature. The upstart, whose AI service is known for its ability to carry out multistep tasks the way humans do, said users can now similarly generate videos with text instructions.
-
"No Silicon Valley": Startup Founder Reveals Why He Left Bengaluru In Just 16 Months
These challenges include facing investor biases due to his lack of an IIT degree and his limited Hindi proficiency.
-
X Investors Have Lost $24 Billion Since Elon Musk Takeover In 2022: Report
When Elon Musk acquired X (then Twitter) in 2022 for $44 billion, he did so with the backing of a formidable group of investors, including Saudi Prince Alwaleed bin Talal, Twitter co-founder Jack Dorsey and leading Silicon Valley venture capital firm
-
Inflection AI Raises $1.3 Billion Investment From Microsoft and Nvidia
Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday it had raised $1.3 billion (nearly Rs. 10,670 crore) from investors including Microsoft and Nvidia, amid a boom in the artificial intelligence (AI) sector. The investment, a mix of cash and cloud credit, valued the one-year-old company at $4 billion (nearly Rs....
-
11 Days Of Turmoil That Brought Down 4 Banks, Left A Fifth Teetering
The speed with which four banks collapsed - and one continues to struggle - has left investors reeling. While the failures came in the span of just 11 days, the scenarios that brought them down were each unique.
-
USDC Investors Pulled $3 Billion From Stablecoin in Three Days, Circle Says
USDC investors rushing to redeem their holdings in the wake of the collapse of Silicon Valley Bank resulted in $3 billion (roughly Rs. 24,840 crore) being pulled from the stablecoin, according to Circle. Users will soon be able to automatically redeem USDC through a new banking relationship with Cross River Bank, and Circle says it will continue ef...
-
Silicon Valley Banks Collapse: How US Bank Regulators Missed Red Flags
With hindsight, there were warning signs ahead of last week's spectacular collapse of Silicon Valley Bank, missed not only by investors, but by bank regulators.
-
Explained: What Led To Collapse Of Signature Bank?
Signature Bank started operations back in 2001 and grew to become one of the few banks to hold funds from cryptocurrency investors and startups.
