News
Abu Dhabi's MGX raises $49 billion for one of the biggest ever AI funds
4+ hour, 16+ min ago (429+ words) MGX has raised $49 billion for one of the biggest ever funds dedicated to artificial intelligence deals, propelling the two-year-old Abu Dhabi firm into the ranks of the most consequential investors in the sector globally. The Emirati firm attracted investments from…...
Silicon Valley's new formula: More AI, fewer employees
1+ week, 4+ day ago (325+ words) More than 1. 16 lakh tech workers were laid off globally between January and May this year, according to Layoffs. fyi. The job cuts continued at a rapid pace in May, when nearly 28, 900 employees lost their roles. March was the hardest-hit month,…...
Karnataka approves 50 AI labs in govt colleges to boost tech skills, employability
2+ week, 4+ day ago (246+ words) Karnataka government has approved the establishment of 50 Artificial Intelligence (AI) Laboratories in government colleges across the state to expand access to emerging technologies and improve employability among students, particularly in Tier-2 and Tier-3 regions. Announced in the 2026-27 State Budget, the…...
AI super-cycle fuels a boom in China's exports, imports as chip sales more than double
3+ week, 1+ day ago (347+ words) China's exports and imports expanded rapidly in May, topping forecasts as a global investment supercycle in artificial intelligence drives up prices and demand for hardware made by the world's manufacturing powerhouse. Exports jumped more than 19% from a year earlier, the…...
After Kerala, Tamil Nadu also gets dedicated Ministry for Artificial Intelligence
1+ mon, 1+ week ago (13+ words) Moneycontrol. com...
Indian AI researcher earns rare solo acceptance at one of world's toughest conferences
1+ mon, 3+ week ago (295+ words) Moneycontrol. com Indian researcher Kunvar Thaman has secured a rare solo authored acceptance at the International Conference on Machine Learning, or ICML 2026, with a paper examining how advanced artificial intelligence systems exploit shortcuts while performing tasks His work, titled Reward…...
India's GCC base tops 2, 100, grows 32% in 5 years on AI push: Nasscom-Zinnov
1+ mon, 3+ week ago (402+ words) India's Global Capability Centre (GCC) ecosystem grew significantly between FY21 and FY26, hosting 2, 117 centres across 3, 728 units, and employing around 2. 36 million professionals, according to a joint report by Nasscom and Zinnov. The ecosystem's total market size stands at $98. 4 billion. According to the report…...
AI cow collar startup Halter raises funding at $2 billion valuation, led by Peter Thiel's Founders Fund
3+ mon, 1+ week ago (342+ words) March 22, 2026" 09: 32 IST Halter's system is built around a wearable collar placed on each cow. The device uses GPS and solar-powered hardware to guide animals using sound and vibration cues. Farmers can control herd movement through a mobile app, allowing them…...
Who is Devendra Singh Chaplot, IIT Bombay graduate who has joined Elon Musk's Space X and x AI?
3+ mon, 2+ week ago (304+ words) An Indian researcher and robotics researcher, Devendra Singh, has announced a big career milestone. On March 14, he shared that he is joining Space X and x AI, where he will work with Elon Musk on advanced AI projects. In a…...
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5+ mon, 1+ day ago (48+ words) AI agents' social network: What is Moltbook? Artificial intelligence gets its own chatroom'Moneycontrol Ai Agents Social Network What Is Moltbook Artificial Intelligence Gets Its Own Chatroom Article 13801647. html/amp No Content is Available You got 30 Day's Trial of You are…...