EU Advances AI Ambitions with New Milestones in Infrastructure Regulation and Investment

The European Commission has reported significant progress in its efforts to position Europe as a global leader in artificial intelligence, marking what it describes as key milestones under its flagship initiative. In an update published on the European Commission’s Digital Strategy website titled “AI Continent Action Plan delivers major milestones,” officials outlined advancements in infrastructure,…

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New prototype chip promises major gains in computing efficiency and reduced power consumption

Researchers have unveiled a prototype semiconductor device that could significantly improve energy efficiency in computing, according to a report titled “Prototype chip could boost efficiency and cut power use,” published by Tech Xplore. The new chip, developed by an international team of engineers and materials scientists, is designed to address one of the most persistent…

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OpenAI Pushes Back as Musk’s Late Legal Bid to Oust Altman Falls Flat

OpenAI has rejected a last-minute legal maneuver by Elon Musk aimed at forcing the removal of chief executive Sam Altman, escalating an already contentious dispute between the tech entrepreneur and the artificial intelligence company he co-founded. According to the Economic Times article titled “OpenAI rejects Elon Musk’s eleventh-hour filing demanding Sam Altman’s ouster,” the company…

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Anthropic Names Amlan Mohanty to Lead India Policy Push Amid Growing AI Regulation Focus

Anthropic has appointed Amlan Mohanty to lead its policy and external affairs efforts in India, marking a notable step in the artificial intelligence company’s engagement with one of the world’s fastest-growing digital markets. The move was first reported in the article “Anthropic appoints Amlan Mohanty to lead India policy, external affairs,” published by The Economic…

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Russia eyes China-style super apps to power state-backed Max messaging ecosystem

Russia is looking to China’s dominant digital platforms as it develops a state-backed messaging ecosystem aimed at reducing reliance on Western technology, according to a report published by The Economic Times titled “Russia sees China’s WeChat, Douyin as models for its homegrown Max messenger.” The initiative centers on Max, a proposed domestic messaging platform that…

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EU Commits €700 Million to Global Fund Amid Rising Pressure on Global Health Financing

The European Union has pledged €700 million to the Global Fund to Fight AIDS, Tuberculosis and Malaria, reinforcing its position as a leading contributor to global health initiatives at a time of mounting financial and geopolitical pressure on aid systems. The commitment, reported in the article “EU pledges €700m to Global Fund” by Innovation News…

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India Venture Debt Growth Slows in 2025 as Investors Turn Selective

India’s venture debt market recorded only modest growth in 2025, reflecting cautious investor sentiment amid a still-evolving startup funding landscape, according to a report cited in the Economic Times article “India venture debt deployment grows marginally in 2025 to $1.3 billion.” Total venture debt deployment reached approximately $1.3 billion during the year, marking a slight…

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Super Micro Launches Independent Probe Amid Criminal Case Involving Cofounder

Super Micro Computer Inc. has launched an independent internal investigation following a criminal case filed against its cofounder and several other individuals, according to a report titled “Super Micro begins independent probe after criminal case against cofounder, others” published by The Economic Times. The California-based server and data infrastructure company said the probe will be…

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Swiggy Eyes Rs 10,000 Crore QIP to Strengthen War Chest Amid Rising Competition

Food delivery and quick commerce platform Swiggy is preparing to consider a significant capital raise that could strengthen its balance sheet as competition intensifies in India’s online delivery market. According to a report titled “Swiggy board to meet on November 7 to consider Rs 10,000 crore fundraise via QIP,” published by StartupNews.fyi, the company’s board…

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