INDIA’S EXPORTS TO CORE BRICS MEMBERS RISE 34% TO $19.9 BILLION
India's exports to the four core BRICS members—Brazil, Russia, China and South Africa—rose 34% to approximately $19.9 billion during April-August...
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COHERE AND ALEPH ALPHA COMBINE TO STRENGTHEN EUROPEAN ENTERPRISE AI
AI companies Cohere and Aleph Alpha are combining their businesses in an effort to build a stronger enterprise-focused artificial-intelligence platform....
FACTORY REACHES $5 BILLION VALUATION AS AI CODING AGENTS MOVE INTO ENTERPRISE SOFTWARE
AI coding-agent startup Factory has reportedly raised $200 million at a valuation of approximately $5 billion, highlighting investors' growing confidence...
OPENAI’S ACQUISITION OF GLASS IMAGING SHOWS AI COMPANIES MOVING TOWARD HARDWARE
OpenAI's acquisition of smartphone-camera technology company Glass Imaging for more than $300 million demonstrates how the AI industry is beginning...
OPENAI’S POTENTIAL $1.2 TRILLION FUNDRAISING HIGHLIGHTS THE ENORMOUS CAPITAL REQUIREMENT OF FRONTIER AI
OpenAI is reportedly considering new fundraising at a valuation exceeding $1.2 trillion, underscoring the extraordinary financial expectations surrounding frontier artificial...
ANTHROPIC AND ACCENTURE COMMIT $2 BILLION TO AI MODEL EVALUATION AND SAFETY
Anthropic and Accenture are committing at least $2 billion over five years to develop independent evaluation and safety capabilities for...
ULTRAVIOLETTE ₹779 CRORE HOSUR PLANT SIGNALS INDIA’S NEXT EV MANUFACTURING PUSH
Electric two-wheeler startup Ultraviolette Automotive is investing approximately ₹779 crore in a new manufacturing facility at Hosur, Tamil Nadu, as...
INDIA RECEIVES $11–12 BILLION OF NEW SEMICONDUCTOR PROPOSALS UNDER SEMICON 2.0
India has received semiconductor investment proposals worth approximately $11–12 billion under the second phase of its semiconductor programme, with proposed...
APPLIED MATERIALS PLANS $5 BILLION INDIA INVESTMENT AS SEMICONDUCTOR ECOSYSTEM EXPANDS
US semiconductor-equipment company Applied Materials plans to invest approximately $5 billion in India over the next decade, strengthening the country's...
UPI CAPITAL-MARKET TRANSACTIONS FACE NEW MDR FRAMEWORK AS BROKERS ADAPT TO HIGHER PAYMENT COSTS
India's UPI ecosystem is entering a new commercial phase after NPCI introduced a Merchant Discount Rate framework that includes a...