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OpenAI Falls Short of Revenue and User Targets as It Races Toward IPO, WSJ Reports
OpenAI has recently fallen short of targets for user growth and revenue, raising concerns among some executives about whether it can fund its heavy data centre investments, according to the Wall Street Journal. The report also says OpenAI missed several monthly revenue goals earlier this year after ceding ground to Anthropic in coding and enterpris...
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Fearing "Curse Of 35", Young Chinese Start "One-Person Companies" Using AI
More young people in China are subscribing to the model of "one-person companies", as cities pledge millions of dollars in funding and rent subsidies.
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Eight Sleep Bets Big on AI-Powered Predictive Sleep, Backed by $50 Million Funding
Eight Sleep, the New York-based sleep technology company, is planning to expand into the artificial intelligence (AI)-powered predictive sleep health space. The move comes after the startup raised $50 million (roughly Rs. 469.7 crore) in a funding round earlier this month. The company has announced that it is now exploring the sleep health space th...
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ChatGPT Maker OpenAI Gets $110 Billion Funding From Amazon, SoftBank, Nvidia
ChatGPT maker OpenAI has received $110 billion in funding from Amazon, SoftBank and Nvidia, putting the technology company's pre-money valuation at $730 billion.
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Simplifying Mutual Fund Investing For Every Indian Investor
PhonePe Wealth is redefining mutual fund investing in India, combining technology, research and user-friendly tools to help investors make smarter decisions
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Bill Gates-Backed Breakthrough Energy Halts New Investment, Lays Off Staff
Breakthrough Energy, the Bill Gates-backed group that bankrolls climate tech, has stopped making new investments from one of its key funds to scale up nascent green technologies.
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IIT Madras Unveils Rs 600 Crore Venture Capital Fund For Deep Tech Startups
In a major push to India's indigenous technology ambitions, the IIT Madras Research Park has launched a Rs 600-crore venture capital fund aimed at nurturing deep tech startups across the country.
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University Of Science And Technology, Korea Offers Fully Funded Scholarships
Study In South Korea: Students planning to pursue higher education in South Korea can apply for the UST Scholarship 2026.
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"India In First Group Of AI Powers": Ashwini Vaishnaw Counters IMF Ranking At Davos
Minister for Electronics and Information Technology Ashwini Vaishnaw pushed back strongly against remarks by International Monetary Fund (IMF) Managing Director Kristalina Georgieva that placed India in a "second grouping" of AI powers
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Check Ramanujan Fellowship Details For Indian Scientists From Abroad
The fellowship is open to Indian origin scientists below 40 abroad, providing Rs 1.35 lakh monthly and Rs 7 lakh annual research grant for five years.
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Nvidia Is Reportedly Acquiring AI Chip Designer Groq’s Assets for $20 Billion
Nvidia is reportedly purchasing the artificial intelligence (AI) chip designer Groq’s assets. As per the report, the chipmaker is acquiring the AI inference technology assets for a price of $20 billion (roughly Rs. 1.79 lakh crore). The amount is nearly threefold of Groq’s recent valuation of $6.9 billion (roughly Rs. 61,986 crore), at which th...
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DST Initiatives To Attract Young Talent And Boost India's Science Research Ecosystem
INSPIRE-SHE offers twelve thousand scholarships annually to top students in natural sciences, supporting higher education and research internships for youth aged seventeen to twenty-two.
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India's First Rs 250 Crore Deep Tech Fund Launched By IIT Bombay
IIT Bombay launched the Y-Point Venture Capital Fund, India's first deep tech VC fund linked to an academia incubator, to support early-stage startups in high-impact technology sectors.
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Citadel Debuts New AI Tool For Equities Investors
Citadel, the hedge fund founded by billionaire Ken Griffin, has launched a new artificial intelligence-powered tool that aims to help investors conduct research on stocks faster and more efficiently, the firm's chief technology officer said.
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Dell Founder, Wife Pledge $6.25 Billion To 'Trump Accounts' For Children
The Dell donation will fund $250 deposits in saving accounts for at least 25 million children aged 10 and under, who were born before the cut-off point for the original program.
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OpenAI Falls Short of Revenue and User Targets as It Races Toward IPO, WSJ Reports
OpenAI has recently fallen short of targets for user growth and revenue, raising concerns among some executives about whether it can fund its heavy data centre investments, according to the Wall Street Journal. The report also says OpenAI missed several monthly revenue goals earlier this year after ceding ground to Anthropic in coding and enterpris...
-
Fearing "Curse Of 35", Young Chinese Start "One-Person Companies" Using AI
More young people in China are subscribing to the model of "one-person companies", as cities pledge millions of dollars in funding and rent subsidies.
-
Eight Sleep Bets Big on AI-Powered Predictive Sleep, Backed by $50 Million Funding
Eight Sleep, the New York-based sleep technology company, is planning to expand into the artificial intelligence (AI)-powered predictive sleep health space. The move comes after the startup raised $50 million (roughly Rs. 469.7 crore) in a funding round earlier this month. The company has announced that it is now exploring the sleep health space th...
-
ChatGPT Maker OpenAI Gets $110 Billion Funding From Amazon, SoftBank, Nvidia
ChatGPT maker OpenAI has received $110 billion in funding from Amazon, SoftBank and Nvidia, putting the technology company's pre-money valuation at $730 billion.
-
Simplifying Mutual Fund Investing For Every Indian Investor
PhonePe Wealth is redefining mutual fund investing in India, combining technology, research and user-friendly tools to help investors make smarter decisions
-
Bill Gates-Backed Breakthrough Energy Halts New Investment, Lays Off Staff
Breakthrough Energy, the Bill Gates-backed group that bankrolls climate tech, has stopped making new investments from one of its key funds to scale up nascent green technologies.
-
IIT Madras Unveils Rs 600 Crore Venture Capital Fund For Deep Tech Startups
In a major push to India's indigenous technology ambitions, the IIT Madras Research Park has launched a Rs 600-crore venture capital fund aimed at nurturing deep tech startups across the country.
-
University Of Science And Technology, Korea Offers Fully Funded Scholarships
Study In South Korea: Students planning to pursue higher education in South Korea can apply for the UST Scholarship 2026.
-
"India In First Group Of AI Powers": Ashwini Vaishnaw Counters IMF Ranking At Davos
Minister for Electronics and Information Technology Ashwini Vaishnaw pushed back strongly against remarks by International Monetary Fund (IMF) Managing Director Kristalina Georgieva that placed India in a "second grouping" of AI powers
-
Check Ramanujan Fellowship Details For Indian Scientists From Abroad
The fellowship is open to Indian origin scientists below 40 abroad, providing Rs 1.35 lakh monthly and Rs 7 lakh annual research grant for five years.
-
Nvidia Is Reportedly Acquiring AI Chip Designer Groq’s Assets for $20 Billion
Nvidia is reportedly purchasing the artificial intelligence (AI) chip designer Groq’s assets. As per the report, the chipmaker is acquiring the AI inference technology assets for a price of $20 billion (roughly Rs. 1.79 lakh crore). The amount is nearly threefold of Groq’s recent valuation of $6.9 billion (roughly Rs. 61,986 crore), at which th...
-
DST Initiatives To Attract Young Talent And Boost India's Science Research Ecosystem
INSPIRE-SHE offers twelve thousand scholarships annually to top students in natural sciences, supporting higher education and research internships for youth aged seventeen to twenty-two.
-
India's First Rs 250 Crore Deep Tech Fund Launched By IIT Bombay
IIT Bombay launched the Y-Point Venture Capital Fund, India's first deep tech VC fund linked to an academia incubator, to support early-stage startups in high-impact technology sectors.
-
Citadel Debuts New AI Tool For Equities Investors
Citadel, the hedge fund founded by billionaire Ken Griffin, has launched a new artificial intelligence-powered tool that aims to help investors conduct research on stocks faster and more efficiently, the firm's chief technology officer said.
-
Dell Founder, Wife Pledge $6.25 Billion To 'Trump Accounts' For Children
The Dell donation will fund $250 deposits in saving accounts for at least 25 million children aged 10 and under, who were born before the cut-off point for the original program.
