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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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Gold Rises To $2,000 On Credit Suisse Buyout
Gold topped $2,000 per ounce for the time in more than a year Monday on haven demand as investors fretted over global bank fears despite the buyout of Credit Suisse.
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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.
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"Not Going To Do That Again": US Rules Out Silicon Valley Bank Bailout
Following Silicon Valley Bank's disclosure, investors punished the banking sector in total on Thursday, but by Friday, shares in some larger banks posted gains.
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Silicon Valley Bank Collapses, Biggest Banking Failure Since 2008: 10 Facts
Silicon Valley Bank, known for lending money to some of the biggest technology startups, collapsed on Friday sending investors and depositors into a frenzy. The closure has also resulted in global markets falling sharply today.
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Withdrawals Of $42 Billion Attempted A Day Before US Bank's Collapse
Investors and depositors tried to pull $42 billion from Silicon Valley Bank on Thursday in one of the biggest US bank runs in more than a decade, according to a Friday regulatory filing.
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Elon Musk Assembling Team to Develop ChatGPT Rival, Held Talks With Former DeepMind AI Researcher: Report
Musk, who had co-founded OpenAI along with Silicon Valley investor Sam Altman in 2015 as a nonprofit startup, had left its board in 2018, but chimed in with his take on the chatbot, calling it "scary good".
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‘AI Could Be the Next Platform’: Silicon Valley Investors Rush to Find the Next ChatGPT
Since its discrete release in late November, ChatGPT has become one of the fastest growing apps ever and pushed Microsoft and Google to rush out projects that had until now stayed carefully guarded over fears that the technology wasn't yet ready for the public.
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How ChatGPT Sparked 'Gold Rush' In Silicon Valley
ChatGPT, Silicon Valley's latest app sensation, has investors rushing to find the next big thing in generative AI, the technology that some hail as the beginning of a new era in big tech.
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Theranos Founder Elizabeth Holmes Jailed For 11 Years Over Fraud
Fallen US biotech star Elizabeth Holmes was sentenced Friday to just over 11 years in prison for defrauding investors with her Silicon Valley startup firm Theranos.
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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.
-
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.
-
Gold Rises To $2,000 On Credit Suisse Buyout
Gold topped $2,000 per ounce for the time in more than a year Monday on haven demand as investors fretted over global bank fears despite the buyout of Credit Suisse.
-
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.
-
"Not Going To Do That Again": US Rules Out Silicon Valley Bank Bailout
Following Silicon Valley Bank's disclosure, investors punished the banking sector in total on Thursday, but by Friday, shares in some larger banks posted gains.
-
Silicon Valley Bank Collapses, Biggest Banking Failure Since 2008: 10 Facts
Silicon Valley Bank, known for lending money to some of the biggest technology startups, collapsed on Friday sending investors and depositors into a frenzy. The closure has also resulted in global markets falling sharply today.
-
Withdrawals Of $42 Billion Attempted A Day Before US Bank's Collapse
Investors and depositors tried to pull $42 billion from Silicon Valley Bank on Thursday in one of the biggest US bank runs in more than a decade, according to a Friday regulatory filing.
-
Elon Musk Assembling Team to Develop ChatGPT Rival, Held Talks With Former DeepMind AI Researcher: Report
Musk, who had co-founded OpenAI along with Silicon Valley investor Sam Altman in 2015 as a nonprofit startup, had left its board in 2018, but chimed in with his take on the chatbot, calling it "scary good".
-
‘AI Could Be the Next Platform’: Silicon Valley Investors Rush to Find the Next ChatGPT
Since its discrete release in late November, ChatGPT has become one of the fastest growing apps ever and pushed Microsoft and Google to rush out projects that had until now stayed carefully guarded over fears that the technology wasn't yet ready for the public.
-
How ChatGPT Sparked 'Gold Rush' In Silicon Valley
ChatGPT, Silicon Valley's latest app sensation, has investors rushing to find the next big thing in generative AI, the technology that some hail as the beginning of a new era in big tech.
-
Theranos Founder Elizabeth Holmes Jailed For 11 Years Over Fraud
Fallen US biotech star Elizabeth Holmes was sentenced Friday to just over 11 years in prison for defrauding investors with her Silicon Valley startup firm Theranos.
