Indian startups raised about $660 million in April, marking a modest 3.2 percent increase from the same month last year, according to data cited by The Economic Times in its report, “ETtech Deals Digest: Startups raised $660 million in April, up 3.2% on year.” The figures signal a market that remains cautious but resilient, with…
xAI has introduced a new version of its Grok model alongside an expanded suite of voice cloning tools, signaling a continued push by Elon Musk’s artificial intelligence company to compete aggressively on both price and capability in a rapidly evolving market. According to VentureBeat’s article, “xAI launches Grok 4.3 at an aggressively low price and…
India’s Income Tax Appellate Tribunal (ITAT) has upheld the disallowance of a significant expense claim made by Paisabazaar, reinforcing scrutiny over the tax treatment of marketing and promotional expenditures in the country’s fast-growing fintech sector. According to reporting by The Economic Times in its article titled “I-T appellate body upholds rejection of Paisabazaar’s Rs 145.91…
Nebius has agreed to acquire U.S.-based startup Eigen AI in a deal valued at $643 million, a move aimed at accelerating its capabilities in artificial intelligence inference and strengthening its expansion in the United States market. The development was first reported by The Economic Times in its article, “Nebius to buy Eigen AI for $643…
Nvidia is expanding its physical footprint in Israel, leasing additional laboratory space in Rishon LeZion in a move that signals continued investment in local research and development capacity even as the global semiconductor industry weighs costs, supply constraints, and geopolitical uncertainty. The development was first reported by Globes in an article titled “Nvidia leases space…
A recent edition of Economic Times’ “Tech Top 5” newsletter, titled “Tim Cook on Apple’s India growth; Palo Alto Networks acquires Portkey,” highlights a convergence of strategic expansion, cybersecurity investment, and shifting global tech priorities, with India emerging as a central theme. Apple chief executive Tim Cook’s remarks on India underscore the country’s growing importance…
A recent edition of “Tech Top 5,” published by The Economic Times, highlights key developments shaping the global and Indian technology landscape, led by Palo Alto Networks’ acquisition of cybersecurity startup Portkey and fresh commentary from Apple CEO Tim Cook on the company’s expanding footprint in India. According to the article, Palo Alto Networks has…
Hidden information technology risks are proliferating inside organizations, often without the awareness of senior leadership, according to recent industry reporting that underscores how so-called “shadow IT” and fragmented digital practices are quietly eroding productivity and increasing operational vulnerability. In an article titled “Hidden IT problems are quietly creating risk: Shadow IT and lost productivity,” published…
Investor enthusiasm for semiconductors lifted shares of Israel-linked chip-technology licensor Ceva in recent trading, as expectations that demand for connectivity and edge computing will remain resilient outweighed lingering concerns about volatility in the broader sector. The move comes amid a wider re-rating of chip names tied to artificial intelligence, automotive and 5G-related applications, even as…
A recent report from Developer-Tech has drawn attention to a concerning shift in software supply chain threats, highlighting how open source package registries are increasingly being exploited through a campaign dubbed “Mini Shai-Hulud.” The article, titled “Open source registries under threat from ‘Mini Shai-Hulud’ supply chain attacks,” outlines how attackers are leveraging subtle, hard-to-detect techniques…
