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xAI Raises $20 Billion, Redefines the AI Funding Cycle
Elon Musk’s xAI has secured $20 billion in fresh funding, pushing its valuation to roughly $230 billion and instantly resetting expectations across the global AI funding market. The round positions xAI among the most valuable private technology companies ever and raises hard questions about where AI capital flows next. A landmark funding round reshapes AI valuations The xAI funding round…
Discover how India’s startup ecosystem is evolving in 2025 — the growth, the grit, and the game changers.
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We break down the signals that actually matter. Market shifts, policy triggers, sector shakeups, breakout founders, new capital flows, and the innovations that are quietly rewriting how business gets built in India. If it moves the narrative forward, we cover it – without the fluff.
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Global finance firms deploy AI agents across banks and insurers as supervision roles rise
Global financial institutions are accelerating the deployment of AI agents across banking and insurance operations, marking a fundamental shift in how core financial functions are managed. These AI-driven systems are now handling everything from fraud detection and underwriting to risk modeling and customer interaction, creating a parallel demand for new…
India proposes major reform in IIP framework to align with global standards
India’s central bank and the Ministry of Statistics are working toward a major overhaul of the Index of Industrial Production (IIP) to align it with global statistical standards and improve data accuracy. The reform includes replacing closed factories in the sample set, updating the base year to 2022-23, and adopting…
India IT stocks rally as tech firms outpace broader market
India’s IT sector is in focus today as the main keyword “IT stocks” shows signs of a sharp rally, led by major tech firms and overshadowing broader market indices. The Nifty IT index climbed nearly 1.9 % in early trade, part of a three-day gain of about 4.8 % even…
US Big Tech faces scrutiny over AI transparency and data sourcing
US Big Tech companies are facing new regulatory scrutiny over how their AI models are trained, the data used to build them, and the level of transparency offered to users, developers, and businesses. Policymakers are pushing for clearer disclosures as AI systems scale into consumer, enterprise, and public sector applications.…
Global chipmakers signal cautious capex as demand cools
Global chipmakers are adopting a more cautious capital expenditure approach after earlier production expansion led to temporary overcapacity in several segments. With consumer electronics demand normalizing and inventories still adjusting across supply chains, companies are focusing on disciplined investment and strategic capacity planning rather than aggressive build outs. Earlier expansion…
India pushes for wider UPI adoption in Gulf payments corridors as remittance flows draw focus
India is working to expand UPI usage across Gulf payment corridors to make cross border transfers cheaper and faster for millions of Indian workers in the region. The effort aims to reduce dependence on expensive remittance channels and strengthen digital payments integration between India and Gulf economies. Remittances drive priority…