India’s deeptech sector has grown significantly accounting for 12% of its startup base, with AI, biotech, quantum computing all showing strong activity.
Tag: Business
Amazon Drops Nearly-Finished Sam Altman Biopic Citing $50 Billion OpenAI Partnership
The film was abandoned after Amazon’s $50B OpenAI investment deal, raising conflict-of-interest concerns about releasing an unflattering depiction.
OpenAI Acquires Astral in Strategic Consolidation of AI Coding Tools Market
OpenAI’s Astral acquisition positions it to compete directly with Cursor and GitHub Copilot as the AI coding tools market consolidates.
CoreWeave Targets 1.7 Gigawatts of AI Computing Capacity by End of 2026
The GPU cloud company is aggressively expanding infrastructure to meet surging enterprise AI demand amid a race for compute resources.
Morgan Stanley’s $7 Billion Private Credit Fund Caps Investor Withdrawals at 5%
The move reflects the liquidity challenges facing private credit vehicles as investors seek exits amid rising interest rate uncertainty.
FedEx Reports Profit Gain While Warning on Inflation and Trade Turmoil
The logistics giant posted improved earnings but warned that Trump tariff uncertainty and inflation could weigh on global freight volumes.
Super Micro Computer Surges 16% After GF Securities Upgrade to Buy
SMCI shares jumped sharply in pre-market trading after the analyst cited AI server demand and improved supply chain stability.
SpaceX Shares Briefly Wipe Out All Post-IPO Gains Before Recovering Afternoon
Elon Musk’s space company experienced its sharpest intraday swing since going public as AI trade fears spread to all tech sectors.
Global AI Industry Now Tracking 321+ Model Releases Across Major Organizations
The pace of AI model releases in 2026 has accelerated dramatically with over 300 models released across OpenAI, Google, Anthropic and others.
CalPERS Investment Chief Launches $600 Billion Total Portfolio Experiment
The California pension fund’s chief is breaking down traditional asset class walls with a ‘total portfolio’ approach to managing $600B.