The Economic Time
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Intel spins out AI software firm with backing from DigitalBridge
Intel executives would not comment on the value of the deal or whether it would retain a majority stake in the new venture, other than to say the...
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Generative AI's wild 2023: how the viral technology took over the world
Investors, led by Microsoft's multibillion-dollar bet on OpenAI, injected $27 billion into generative AI startups in 2023, according to Pitchbook.
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Tech Mahindra appoints Richard Lobo as its chief people officer
Lobo served as an “exclusive” advisor to troubled edtech Byju’s and was with Infosys for 23 years before that.
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SaaS platform Kiko Live launches on ONDC, to activate 50,000 retailers in next six months
Backed by early-stage investors, including 9 Unicorns, Venture Catalysts, SOSV, and GSF, Kiko aims to to tap into a broader customer base,...
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Beijing criticises Netherlands' move to block ASML exports to China
Asked about the Dutch government's move, Chinese foreign ministry spokesman Wang Wenbin on Tuesday urged the Netherlands "to be impartial, respect...
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Fintechs top mutual fund distribution sweepstakes; IT sector’s slowest growth in a decade
Data showed that in November, 30 lakh new SIPs were generated by the entire industry. Industry estimates said that around 42% of these SIPs were...
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Fintechs add 1.3 million new mutual fund SIPs in November
Fintech startups such as Groww, AngelOne and PhonePe drew in nearly half the new SIPs opened in November 2023, according to data from asset...
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Apple hits seven-week low after Barclays downgrade
Barclays is the second brokerage to have the equivalent of a "sell" rating on the stock, which now has its most number of bearish recommendations...
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Total UPI transactions cross 100-billion mark in 2023
This shows a staggering growth for UPI payments service in the country which recorded around 74 billion transactions in 2022 and 38.7 billion...
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Zomato’s ‘war room’ to take on New Year’s Eve surge stirs work culture debate online
Deepinder Goyal, cofounder and chief executive of Zomato, on Sunday shared images from the company's 'war room' showing employees huddled in...