SenseTime pivots to genAI amid financial challenges
The restructuring created business divisions for smart automotive, robotics, healthcare, and retail.
View ArticleMamaearth parent company’s shares up 10% despite troubles
The increase followed CEO Varun Alagh's decision to boost his stake in the company from 31.88% to 31.93%.
View ArticleIndian coaching institute said to acquire Unacademy for $800m
This represents a decline from Unacademy’s peak valuation of US$3.44 billion in 2021.
View ArticleOpenAI opens Zurich office, hires engineers from DeepMind
The engineers will help advance OpenAI's research into multimodal capabilities.
View ArticleSouth Korean cybersecurity firm warns of AI threats by 2025
SK Shieldus identified advanced ransomware tactics and increased attacks on cryptocurrency markets as significant concerns.
View ArticleAlibaba Cloud expands AI ecosystem through 2025
Alibaba Cloud collaborates with 12,000 global partners, including Salesforce and IBM.
View ArticleEcommerce analytics startup Enterpret raises $20.8m series A
Enterpret was founded in 2020 and focuses on advanced analytics for ecommerce businesses.
View ArticleGoogle Cloud, Air France-KLM deploy genAI in airline operations
The technology aims to analyze passenger preferences and travel trends while predicting aircraft maintenance needs.
View ArticleTemu suspended in Vietnam due to registration failure: report
Details about the suspension's duration and reinstatement conditions remain undisclosed.
View ArticleIsraeli equity fund Accumulator raises $46m
Accumulator's platform allows founders to pool their equity into funds focused on private tech companies.
View ArticleThis ex-Soviet state sees growing tech startup scene
Tech giants Nvidia and Adobe plan to establish operations in Armenia, further boosting its tech industry.
View ArticleProfessional networking startup Medial raises $500k pre-series A
Medial has already attracted 100,000 users, with 10,000 logging in daily.
View ArticleIndia’s Adani Green Energy faces $250m bribery claims
The contract involved 8 gigawatts of solar capacity and commitments to expand manufacturing.
View ArticleIndian mental health platform secures $129k pre-seed
Build3, a social impact accelerator, led the investment with contributions from schools and individual backers.
View ArticleSpaceX said to sell insider shares, valuation at $350b
This valuation would represent a significant increase from last month's estimate of US$255 billion.
View ArticleAlodokter employees protest over layoffs, dispute severance pay
The SoftBank-backed healthtech firm insists it followed regulations, but affected workers strongly disagree.
View Article50 rising startups and tech companies in India
Which are the startups that are on the path to becoming the next big thing?
View ArticleCoolmate wants to be Vietnam’s next unicorn
The D2C brand is targeting US$45 million in sales next year. Can it persuade customers to shift away from Shein and Temu?
View ArticleSwiggy Instamart plans 1,046 dark stores by 2025
This is an increase from its current count of around 600.
View Article
