For representational purposes only. (REUTERS)
Posted in Business

Anthropic, Nvidia and Big AI: Great rift on open models, chips and distillation

Days after a number of artificial intelligence (AI) companies came together in support for open-weight models, Anthropic has weighed in on why they didn’t join…

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Rapido integrates food delivery platform Ownly into main app
Posted in Startups

Rapido integrates food delivery platform Ownly into main app

Ride-hailing platform Rapido has integrated its food delivery platform Ownly into its main app, allowing Bengaluru users to order meals alongside booking bike taxis, autorickshaws…

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Posted in Economy

India’s new import rule that could make homes and infrastructure costlier

India’s heavy reliance on imported PVC resin could make everything from water pipes and electrical cables to plumbing fittings more expensive after the Directorate General…

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Posted in Economy

Plastic notes in India coming soon: Why govt wants polymer banknotes, which countries use them and how these currencies help

The Indian government has approved the Reserve Bank of India’s (RBI) proposal to introduce RBI polymer notes in the ₹10 and ₹20 denominations for field…

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Posted in Economy

Weak investments, higher oil prices to slow India’s GDP growth to 6.6% in FY27: Poll

Bengaluru: India’s economic growth is expected to slow sharply this fiscal year from last year’s robust expansion and recover only modestly the following year, a…

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HDFC Bank fines 3 top executives in MSRDC case (Representative image/REUTERS)
Posted in Business

HDFC Bank fines 3 top executives in MSRDC case

HDFC Bank’s board on Monday issued warning letters and levied a ₹1 lakh penalty on three top officials of the bank, after announcing the completion…

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Posted in Economy

US, India expanding cooperation in defence, civil nuclear sector, says senior US official

Washington: The US and India are expanding defence and civil nuclear cooperation, including the adoption of trusted AI and other emerging technologies powering the economy,…

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Krutrim trims staff again, this time by another half
Posted in Startups

Krutrim trims staff again, this time by another half

Artificial intelligence (AI) startup Krutrim has laid off 20-25 employees or nearly half of its workforce over the past few days in the second round…

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Paramount paused its $111 billion Warner Bros. merger to fast-track a court trial as states challenge the deal over competition concerns and antitrust issues. (REUTERS/Dado Ruvic/Illustration/File Photo/File Photo) (REUTERS)
Posted in Business

Why Paramount paused its $111 billion Warner Bros. Discovery merger deal

Paramount has agreed to temporarily pause its $111 billion merger with Warner Bros. Discovery because it wants to move directly to a full court trial…

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Image for Nvidia to invest $5 billion in Ilya Sutskever's AI startup
Posted in Startups

Nvidia to invest $5 billion in Ilya Sutskever’s AI startup

Synopsis The two ⁠companies announced ‌the deal ​Monday ​morning without disclosing ⁠financial terms. The funding will boost ​SSI’s available computing resources, ​the companies said. The…

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