Karnataka govt unveils 50 startup innovations at Bengaluru Tech Summit
The Karnataka government on Wednesday unveiled 50 innovative products and solutions developed by startups on the second day of the 28th edition of the Bengaluru…
Tomato prices soar 50% in 15 days due to excess October rains
Tomato prices have increased by nearly 50% during the last 10-15 days as supplies have reduced due to the impact of excess rainfall in October….
Adobe to acquire Semrush in $1.9-billion deal to build marketing tools for an AI world| Business News
Adobe Inc. has decided to acquire Semrush Holdings Inc. in a $1.9-billion all-cash deal, as the Photoshop maker looks to strengthen its marketing tools for…
AMD, Cisco, Saudi Arabia’s Humain launch AI JV, land first major customer| Business News
Advanced Micro Devices Inc., Cisco Systems Inc. and Saudi Arabia’s AI startup Humain are forming a joint venture to build data centres in the Middle…
Elon Musk’s xAI, Nvidia announce 500 MW AI project for Saudi Arabia| Business News
Elon Musk said his xAI artificial intelligence startup plans to develop a 500 megawatt data center in Saudi Arabia with the kingdom’s state-backed AI venture…
FM Nirmala Sitharaman holds pre-Budget meeting with IT industry
Finance Minister Nirmala Sitharaman on Wednesday held pre-budget consultations with top leaders of the IT sector, as the $280 billion industry confronts AI disruptions, global…
Bengaluru startup launches AI-powered bin to improve waste segregation
A Bengaluru-based startup, AISmart Bin, has introduced an artificial intelligence (AI)-enabled waste segregating bin that can identify and sort garbage with up to 95% accuracy….
Mohandas Pai defends Narayana Murthy, says ‘9-9-6’ work culture for techpreneurs only| Business News
N.R. Narayana Murthy’s advice on ‘9-9-6’ work culture applies to entrepreneurs and not regular office goers, T.V. Mohandas Pai said on Wednesday, even as he…
IBBI seeks to strengthen due diligence on bidders’ compliance with Section 29A
To ensure the integrity of a resolution process, IBBI has asked resolution professionals to submit detailed notes on bidders’ compliance with the insolvency law‘s Section…
Dhan parent Raise Financial acquires algo trading platform Stratzy in cash-and-stock deal
Raise Financial, the parent of online stock trading platform Dhan, has fully acquired Stratzy, an algo-based investing and trading startup, in a cash-and-stock deal valued…