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Zomato Tests AI Menu Pricing to Improve Restaurant Margins
Zomato is testing AI-driven menu pricing to help restaurants optimize margins and respond dynamically to demand patterns. The move reflects a broader shift toward data-led pricing in food delivery as platforms and partners look to improve profitability. Zomato AI menu pricing is emerging as a key experiment in India’s food delivery market, where cost pressures and competitive pricing have squeezed…
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Micron Secures More AI Memory Deals as Chip Demand Surges
Micron Technology is seeing a sharp increase in demand for memory used in artificial intelligence infrastructure, with long-term supply agreements rising to $32 billion. The company expects tight supply conditions to persist as AI data centers require increasingly large amounts of high-bandwidth memory. Micron’s AI memory demand hits a new…
Indian Startups Draw Global Investor Interest Despite AI Infrastructure Gap
Indian startups are attracting fresh attention from global venture capital firms even as the country continues to lag the US and China in AI infrastructure and frontier-model investment. A new $250 million Lightspeed fund focused on early-stage AI highlights how investors are increasingly targeting India’s application-layer opportunity. Global Investors Sharpen…
Bessemer Raises $5.75 Billion to Back AI Growth Startups
Bessemer Venture Partners has raised $5.75 billion across two new investment funds, with $4 billion earmarked for growth-stage companies and $1.75 billion for seed and early-stage startups. The move highlights how venture capital is shifting toward larger private companies, particularly across the AI ecosystem. Bessemer Announces $5.75 Billion Fresh Capital…
US Markets Rally as Nasdaq Hits Fresh High on AI Gains
US markets rallied sharply on September 21, with the Nasdaq Composite closing at a record high as investors piled into artificial intelligence and semiconductor stocks. Falling oil prices and lower Treasury yields also helped improve market sentiment across Wall Street. Nasdaq reaches record close as technology stocks surge The Nasdaq…
Trump-Xi Summit Puts Trade, AI and Supply Chains Back in Focus
The upcoming Trump-Xi summit in Washington is putting US-China trade, artificial intelligence, critical minerals and supply chains back at the centre of global business discussions. The September 24 meeting comes as both economies seek greater stability after years of tariffs and technology restrictions. Trump-Xi Summit Set for September 24 The…
China’s CXMT Eyes NAND Market as AI Memory Shortage Deepens
China’s CXMT is preparing to expand into NAND flash memory as artificial intelligence data centres drive stronger demand for storage chips. The move could put the DRAM specialist into direct competition with Samsung, SK Hynix, Micron and China’s YMTC amid a global memory supply squeeze. CXMT Prepares NAND Flash Expansion…