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CHENNAI: India’s tech startups’ cumulative equity funding stood at $10.5 billion in 2025, a decline of 17% on a YoY basis and down 4% compared to the $11 billion raised in 2023, according to a report. This marks a reversal from 2024, when funding had shown a modest annual recovery following the 2021 peak and…
Google DeepMind CEo Demis Hassabis has once again warned that the present wave of AI startup valuations is unsustainable. He also raised concerns that there are chances that the tech sector is heading towards a correction. Speaking on Google DeepMind: The Podcast, Hassabis said many early-stage companies are now raising tens of billions dollars before…
Representative Image. Credit: Tools For Humanity Sam Altman‘s eye-scanning startup, Tools for Humanity, has a message for its employees: Forget about your weekends. The company behind the “Orb”, a metal sphere that scans irises to verify human identity, has reportedly urged its employees to work on weekends and put their jobs above everything else. The…
India is exploring deeper collaboration with Israeli startups across sectors such as cybersecurity, medical devices and mobility to strengthen its innovation ecosystem, Commerce and Industry Minister Piyush Goyal said during a visit to Tel Aviv, PTI reported. He said technology-driven cooperation is likely to form a key pillar of the proposed bilateral trade agreement.Goyal, who…
Jeff Bezos, Amazon’s founder and one of the world’s richest people, is returning to an executive role as co-CEO of the AI startup Project Prometheus. This marks his first formal operational position since stepping down from Amazon in 2021 and signals his renewed focus on cutting-edge technology beyond his space venture, Blue Origin. Project Prometheus…
Amazon founder Jeff Bezos is returning into a formal leadership role more than four years after leaving Amazon. The billionaire will serve as co-chief executive (co-CEO) of Project Prometheus, a new AI company that has secured $6.2 billion in funding, partly from Bezos himself, according to The New York Times. This marks Bezos’s first operational…
Indian professionals celebrate upward market trends on a bustling stock exchange trading floor, bathed in bright, energetic light. MUMBAI: In a first, three Indian startups are going public in a week. Many early investors are minting money with IPOs set to become a dominant mode of exit for most of them going ahead — a…
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed over 50 memoranda of understanding (MoUs) with leading companies–including ITC, Flipkart, Mercedes-Benz, boAt, and Hero MotoCorp –to strengthen the manufacturing and innovation ecosystem for startups, an official said.As part of the initiative, the department has been engaging with corporates, industry associations, veterans, and…
In 2023, while many of his peers from India’s premier engineering institutions were pursuing seven-figure roles or global doctoral programmes, Varun Vummadi made a choice that defied convention. Rather than following a predictable path, he embraced uncertainty, co-founding an artificial intelligence (AI) startup that would soon attract global attention.Alongside his Indian Institute of Technology (IIT)…
BENGALURU: Satyan Gajwani, chairman of Times Internet, said that as the world accelerates into an AIdriven future, the bar for innovation, governance, and vision continues to rise. “If there’s one thing this ecosystem has shown again, it’s that India learns fast, adapts faster, and thrives under challenge,” he said, delivering the keynote address at the…
