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India Tech Startups Worth $100 Billion Seen Seeking IPOs by 2027
More than three dozen tech startups with a combined valuation of $100 billion are set to go public by 2027 in what would mark a rebound in stock sales in India, according to one of the countrys top deal advisers to internet companies.
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India's Vodafone Idea Explores Partnership with Elon Musk's Starlink
Vodafone Idea is exploring ways to bring satellite communication to India. The mobile operator made the disclosure after Indian stock exchanges sought a clarification on its stock move.
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Apple Approaches $4 Trillion Valuation as Investors Bet on AI Momentum
Apple expects overall revenue to increase "low- to mid-single digits" during its fiscal first quarter - a modest growth forecast for the holiday shopping season - sparking questions about the momentum for the iPhone 16 series.
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Star Health Says It Received $68,000 Ransom Demand After Data Leak
Star Health said it had received a ransom demand of $68,000 from a hacker following a data breach of customers' medical records in September. The country's biggest health insurer has launched internal probes and taken legal action against Telegram and the hacker, whose website continues to share samples of customer data.
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Nvidia's Market Value Tumbles by $279 Billion as Wall Street Drops
Nvidia saw the deepest ever single-day decline in market value for a US company. The company lost $279 billion (roughly Rs. 23,42,608 crore) in market capitalisation, a major indication that investors are becoming more cautious about emerging AI technology.
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Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.Â
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Nvidia Rides AI Boom to Dethrone Microsoft as World's Most Valuable Company
Nvidia became the world's most valuable company on Tuesday, dethroning tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate artificial intelligence technology.
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Shutterstock ImageAI, an Enterprise-Focused AI Text-to-Image Generator Launched
Shutterstock ImageAI, a generative artificial intelligence (AI) platform that allows users to generate images from text prompts, was announced last week. Shutterstock, the stock photos, videos, and music repository, and the data and AI firm Databricks collaborated to build the text-to-image AI platform. The company claims the platform is aimed at e...
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Top Tech Deals of the Week: Discounts on Smart TVs, Soundbars and Other Electronics
Grab the best tech deals of the week on smart TVs, soundbars, and more on Amazon, Flipkart, and other online marketplaces. We've handpicked the best offers you can grab right now.
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Google Parent Alphabet Joins $2 Trillion Club as Results Show AI Strength
Google closed above the $2 trillion mark on Friday in a first for the company as the company's latest results showed investors that Google would be a major player in the artificial intelligence (AI) arena. Alphabet's stock rose 10 percent on Friday, adding almost $200 billion to the company’s market capitalization in its biggest one-day jump sinc...
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Paytm Bags NPCI Approval for User Migration to New Payment System Provider Banks
One 97 Communications Limited (OCL), which owns the brand Paytm, has received the nod from NPCI to start the user migration to new Payment System Provider (PSP) bank handles, the company informed the stock exchanges in a filing on Wednesday.
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Adobe Reportedly Paying for Videos to Train a New Text-to-Video AI Model
Adobe is reportedly working on building an artificial intelligence (AI)-powered text-to-video generation model. To train its AI model, the company is said to be purchasing videos from photographers and artists. This data will be used in addition to the platform's existing library of stock images and videos. Interestingly, the software giant is payi...
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Apple Has Reportedly Struck a Deal With Shutterstock to Use Its Data to Train AI Models
Apple has reportedly entered a deal with the stock photos and videos library Shutterstock to use the data to train its artificial intelligence (AI) models. The report also confirms the speculations that the tech giant is likely in the advanced stages of developing its in-house foundation model. It appears the long-term plan for Apple is to integrat...
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Paytm Crackdown Signals More RBI Scrutiny on India Banks
India stunned investors last month by abruptly suspending most activities of the banking affiliate of Paytm, a once high-flying fintech star that had attracted backing from Warren Buffett and SoftBank Group Corp. While the Paytm case was an extreme example of lapses in customer verification — it allegedly used a single identity document to open t...
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AI Companies Lose $190 Billion in Market Cap After Alphabet, Microsoft Report Quarterly Results
AI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft, Alphabet and Advanced Micro Devices delivered quarterly results that failed to impress investors who had sent their stocks soaring.
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India Tech Startups Worth $100 Billion Seen Seeking IPOs by 2027
More than three dozen tech startups with a combined valuation of $100 billion are set to go public by 2027 in what would mark a rebound in stock sales in India, according to one of the countrys top deal advisers to internet companies.
-
India's Vodafone Idea Explores Partnership with Elon Musk's Starlink
Vodafone Idea is exploring ways to bring satellite communication to India. The mobile operator made the disclosure after Indian stock exchanges sought a clarification on its stock move.
-
Apple Approaches $4 Trillion Valuation as Investors Bet on AI Momentum
Apple expects overall revenue to increase "low- to mid-single digits" during its fiscal first quarter - a modest growth forecast for the holiday shopping season - sparking questions about the momentum for the iPhone 16 series.
-
Star Health Says It Received $68,000 Ransom Demand After Data Leak
Star Health said it had received a ransom demand of $68,000 from a hacker following a data breach of customers' medical records in September. The country's biggest health insurer has launched internal probes and taken legal action against Telegram and the hacker, whose website continues to share samples of customer data.
-
Nvidia's Market Value Tumbles by $279 Billion as Wall Street Drops
Nvidia saw the deepest ever single-day decline in market value for a US company. The company lost $279 billion (roughly Rs. 23,42,608 crore) in market capitalisation, a major indication that investors are becoming more cautious about emerging AI technology.
-
Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.Â
-
Nvidia Rides AI Boom to Dethrone Microsoft as World's Most Valuable Company
Nvidia became the world's most valuable company on Tuesday, dethroning tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate artificial intelligence technology.
-
Shutterstock ImageAI, an Enterprise-Focused AI Text-to-Image Generator Launched
Shutterstock ImageAI, a generative artificial intelligence (AI) platform that allows users to generate images from text prompts, was announced last week. Shutterstock, the stock photos, videos, and music repository, and the data and AI firm Databricks collaborated to build the text-to-image AI platform. The company claims the platform is aimed at e...
-
Top Tech Deals of the Week: Discounts on Smart TVs, Soundbars and Other Electronics
Grab the best tech deals of the week on smart TVs, soundbars, and more on Amazon, Flipkart, and other online marketplaces. We've handpicked the best offers you can grab right now.
-
Google Parent Alphabet Joins $2 Trillion Club as Results Show AI Strength
Google closed above the $2 trillion mark on Friday in a first for the company as the company's latest results showed investors that Google would be a major player in the artificial intelligence (AI) arena. Alphabet's stock rose 10 percent on Friday, adding almost $200 billion to the company’s market capitalization in its biggest one-day jump sinc...
-
Paytm Bags NPCI Approval for User Migration to New Payment System Provider Banks
One 97 Communications Limited (OCL), which owns the brand Paytm, has received the nod from NPCI to start the user migration to new Payment System Provider (PSP) bank handles, the company informed the stock exchanges in a filing on Wednesday.
-
Adobe Reportedly Paying for Videos to Train a New Text-to-Video AI Model
Adobe is reportedly working on building an artificial intelligence (AI)-powered text-to-video generation model. To train its AI model, the company is said to be purchasing videos from photographers and artists. This data will be used in addition to the platform's existing library of stock images and videos. Interestingly, the software giant is payi...
-
Apple Has Reportedly Struck a Deal With Shutterstock to Use Its Data to Train AI Models
Apple has reportedly entered a deal with the stock photos and videos library Shutterstock to use the data to train its artificial intelligence (AI) models. The report also confirms the speculations that the tech giant is likely in the advanced stages of developing its in-house foundation model. It appears the long-term plan for Apple is to integrat...
-
Paytm Crackdown Signals More RBI Scrutiny on India Banks
India stunned investors last month by abruptly suspending most activities of the banking affiliate of Paytm, a once high-flying fintech star that had attracted backing from Warren Buffett and SoftBank Group Corp. While the Paytm case was an extreme example of lapses in customer verification — it allegedly used a single identity document to open t...
-
AI Companies Lose $190 Billion in Market Cap After Alphabet, Microsoft Report Quarterly Results
AI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft, Alphabet and Advanced Micro Devices delivered quarterly results that failed to impress investors who had sent their stocks soaring.
