VCs take Y Combinator cue for AI bets
Y Combinator’s funnel of startups acts as a filter for investments in AI by Indians venture capitalists, Swathi Moorthy writes.
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Not rushing our firms to public markets; no pressure to exit: SoftBank’s Sumer Juneja
SoftBank in India seeing a much better deal pipeline now, especially in AI, Sumer Juneja said. SoftBank’s 13% stake in Lenskart, which listed on Monday and closed at a market cap of ₹69,967 crore, presently has a paper value of…
Wealthtech scouts for pros to go beyond metros
The demand for experienced professionals is far outpacing supply, with firms aggressively poaching from banks, brokerages and traditional wealth managers, sources said. In addition, many of these RMs are starting up as mutual fund distributors or personal wealth managers, resulting…
Reimagining cybersecurity in the era of AI and quantum
AI and quantum technologies are dramatically reconfiguring how cybersecurity functions, redefining the speed and scale with which digital defenders and their adversaries can operate. The weaponization of AI tools for cyberattacks is already proving a worthy opponent to current defenses.…
The Download: busting weather myths, and AI heart attack prediction
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Why it’s so hard to bust the weather control conspiracy theory It was October 2024, and Hurricane Helene…
Lenskart CEO Peyush Bansal calls IPO ‘Day Zero’ on eve of listing
On the eve of the listing, CEO Peyush Bansal emphasised that the IPO is the start of a new chapter for the company. “The bell will ring. We’ll take a deep breath, smile and get back to work. Because for…
The State of AI: Energy is king, and the US is falling behind
Welcome to The State of AI, a new collaboration between the Financial Times and MIT Technology Review. Every Monday for the next six weeks, writers from both publications will debate one aspect of the generative AI revolution reshaping global power. This…
Ola Electric refutes LG Energy’s tech leak allegation, says its cells are more advanced
The statement addressed a South Korean news outlet’s report about an unnamed former LG Energy Solution executive allegedly attempting to pass on pouch cell technology intellectual property to Ola Electric.
Judiciary exploring AI-based tools but tech must augment not replace human mind: Justice Surya Kant
Speaking at the valedictory function of the Sixth Full Meeting of the Standing International Forum of Commercial Courts (SIFoCC), Justice Kant stressed that the future of law depends on whether technology can be harnessed as a tool without surrendering the…
Rapido expects to start working on IPO by 2026-end: Cofounder Aravind Sanka
Rapido cofounder Aravind Sanka told PTI that the company expects to maintain its growth rate of 100 per cent year-on-year for the next few years and be a much larger player compared to its nearest competitor before going for the…