Latest News
The latest updates from business and technology, bringing fresh headlines, verified facts and timely context as news unfolds.
Artificial Intelligence
Cisco Takes On Nvidia and Broadcom With New AI Chip
SAN FRANCISCO: Cisco Systems has entered the AI chip wars with the Silicon One G300. This switching processor offers 102.4...
SaaS
AI Agents Force SaaS Industry to Rethink the Per-Seat Pricing Model
SAN FRANCISCO: For two decades, the software industry runs on a simple equation: more employees equals more revenue. Every new...
Business
Apptronik powers ahead in humanoid race with $520M funding
AUSTIN: Humanoid robotics startup Apptronik raised $520 million on Wednesday in a Series A extension round at a $5 billion...
Artificial Intelligence
Lema AI Raises $24M to Fix Enterprise Supply Chain Security
NEW YORK: Lema AI emerges from stealth with $24 million in Series A funding to replace static vendor compliance checklists...
Artificial Intelligence
Creating Disney Characters Via Google AI is No Longer Easy
New Delhi: Disney has moved to curb the unchecked creation of its characters by artificial intelligence tools, forcing Google to...
Artificial Intelligence
University of Michigan AI System Interprets Brain MRI Scans in Seconds
ANN ARBOR: University of Michigan researchers developed an AI system that interprets brain MRI scans in seconds, accurately identifying neurological...
Startup Stories
Runway AI Raises $315Mn at $5.3Bn Valuation for World Models
NEW YORK: AI video generation startup Runway secured $315 million in Series E funding at a $5.3 billion valuation, nearly...
Startup Stories
Supertails raises $30mn to scale petcare services in India
Bengaluru: Aiming to deepen its presence in the country’s fast-growing pet services market, the Indian petcare startup Supertails has secured...
Business
AI Boom Triggers Global Memory Chip Shortage, DRAM Prices Surge 600%
SAN FRANCISCO: A global memory chip shortage is driving unprecedented price increases, with the Dynamic Random Access Memory (DRAM) spot...
Artificial Intelligence
India’s Sarvam AI Beats Google Gemini, ChatGPT on OCR Benchmarks
BENGALURU: Bengaluru-based startup Sarvam AI claims its models outperformed Google Gemini and ChatGPT on optical character recognition and text-to-speech benchmarks...