Technology Investment
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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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FTA Is A Landmark Moment In India-New Zealand Partnership: PM Modi
India and New Zealand sign FTA to enhance trade, investment, and bilateral cooperation.
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Axis Bank Cuts 3,000 Employees As Tech Investments Boost Productivity
Axis Bank's workforce declined by 3,000 in FY26 due to tech investments boosting productivity.
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Anthropic Says Google To Pump $40 Billion Into AI Startup
The investment builds on a partnership in which Anthropic will use custom Google chips and cloud computing services to power its technology.
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Meta To Lay Off 8,000 Employees Amid Heavy Investment In AI: Report
Meta will lay off about 8,000 employees and leave thousands of other positions next month, a source told AFP.
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Amazon Invests Another $5 Billion In Anthropic To Boost AI Collaboration
Anthropic said in early April that it had tripled its annualised revenues quarter-on-quarter to over $30 billion, outpacing OpenAI for the first time.
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Singapore's Growth Model Faces Test Amid Global Trade Challenges
Despite the existing challenges, Singapore is projected to outpace many developed peers as economies grapple with fallout from the Iran war.
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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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IIM Bangalore Placements 2026: 596 Students Receive 664 Offers From 177 Firms
IIM Bangalore Placements 2026: Management consulting emerged as the leading sector, accounting for 45% of total offers, followed by technology and product management roles at 15% and investment banking at 11%.
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Eye On China, Centre Eases Foreign Direct Investment Rules For Neighbours
The rules for foreign investment by neighbouring countries - put in place amid the Covid pandemic to protect domestic firms - has finally been relaxed by the government.
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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...
-
FTA Is A Landmark Moment In India-New Zealand Partnership: PM Modi
India and New Zealand sign FTA to enhance trade, investment, and bilateral cooperation.
-
Axis Bank Cuts 3,000 Employees As Tech Investments Boost Productivity
Axis Bank's workforce declined by 3,000 in FY26 due to tech investments boosting productivity.
-
Anthropic Says Google To Pump $40 Billion Into AI Startup
The investment builds on a partnership in which Anthropic will use custom Google chips and cloud computing services to power its technology.
-
Meta To Lay Off 8,000 Employees Amid Heavy Investment In AI: Report
Meta will lay off about 8,000 employees and leave thousands of other positions next month, a source told AFP.
-
Amazon Invests Another $5 Billion In Anthropic To Boost AI Collaboration
Anthropic said in early April that it had tripled its annualised revenues quarter-on-quarter to over $30 billion, outpacing OpenAI for the first time.
-
Singapore's Growth Model Faces Test Amid Global Trade Challenges
Despite the existing challenges, Singapore is projected to outpace many developed peers as economies grapple with fallout from the Iran war.
-
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...
-
IIM Bangalore Placements 2026: 596 Students Receive 664 Offers From 177 Firms
IIM Bangalore Placements 2026: Management consulting emerged as the leading sector, accounting for 45% of total offers, followed by technology and product management roles at 15% and investment banking at 11%.
-
Eye On China, Centre Eases Foreign Direct Investment Rules For Neighbours
The rules for foreign investment by neighbouring countries - put in place amid the Covid pandemic to protect domestic firms - has finally been relaxed by the government.
