Intel Receives $5.7 Billion Early; Retains Flexibility

Intel amended the CHIPS Act funding deal with the U.S. Department of Commerce to receive $5.7 billion in cash sooner, giving them more flexibility. The deal includes retaining some guardrails to prevent certain fund uses.

Sharps Technology Adopts Solana's Digital Asset Treasury Strategy

Sharps Technology secures funding through a private placement offering to establish a digital asset treasury strategy with SOL, the native digital asset of Solana blockchain.

Antler VC Leads Pre-Seed Round for Domain-Aligned AI Startup Nugen

Nugen, a Mumbai and San Francisco AI research startup, secures funding to advance Domain-Aligned AI technology for reliable AI deployment in business environments.

AI Crisis India: Weak Infrastructure and Funding Undermine AI Ambitions

Microsoft India President emphasizes the importance of hands-on AI fluency for the youth, highlighting the cognitive benefits and new career avenues emerging with AI technology.

IIT Madras Blockchain Startup Plenome Raises ₹6.5 Crore

IIT Madras-incubated Plenome Technologies secures seed funding for developing secure, scalable solutions in healthcare, organ donation, and remote voting.

Quantum Startup Raises $32M for Advanced Solutions

Bengaluru's QpiAI secures $32 million funding for quantum solutions, aiming to develop powerful quantum computers for various industries.

ScaleAI Lays Off 200 Employees After Meta Investment

Data labelling firm Scale AI lays off 14% of its workforce, shifts focus after Meta's $14.3B investment. CEO cites efficiency concerns, assures funding.

Thinking Machines Lab’s $12B Funding Raised by AI Startup

Thinking Machines Lab, led by former OpenAI executive Mira Murati, secures a record $2B seed round from top investors to develop multimodal AI systems.

Major Crackdown on Illegal Betting Platform 'Probo'

Enforcement Directorate cracks down on 'Probo' for illegal betting operations, revealing massive funding from foreign entities and freezing investments worth crores.

Zee Entertainment's Funding Plan Rejected : After shareholder votes

Zee Entertainment's founding family fails to secure shareholder votes to raise funds, facing setback after aggressive cost-cutting efforts and thwarted merger plans.

Intel Spins Out AI robotics company RealSense

RealSense, with $50M funding, aims to develop new robotics automation products amid growing global demand.

Jumbotail Raises $120 Million in Funding Round

B2B marketplace Jumbotail secures $120 million funding led by SC Ventures, bringing post-money valuation to $1 billion & expanding operations in India.

Raphe mPhibr Raises $100M in Funding Round for Drone Tech Innovation

Noida-based startup Raphe mPhibr secures $100 million in funding to enhance drone technology and manufacturing, aiming to build a strong ecosystem in India.

Rise of Agentic AI Leading to High Abandonment Rates, Gartner Report Finds

Gartner's report predicts that over 40% of agentic AI projects will be discontinued by 2027 due to high costs and lack of clear business value, despite the surge in funding from tech giants.

Abridge Raises $300M for AI Doctors' Note-Taking

Healthcare startup Abridge secures $300M funding for AI note-taking, aimed at reducing physician burnout and enhancing patient care with innovative technology.

Abhinav Agarwal Launches Eyewear Startup with $2.2 Mn Funding

Serial entrepreneur Abhinav Agarwal secures $2.2 Mn seed funding for eye-care startup; plans retail outlets & virtual try-on feature.

Laurus Labs Shares Plummet Amid US Anti-HIV Funding Pause

Laurus Labs sees a 17% dip in stock price as US halts global health funding, affecting the supply of anti-viral medications and impacting the company's business.

Infra.Market Raises Rs 1,050 Crore in Pre-IPO Funding

Infra.Market secures significant pre-IPO funding, valued at Rs 24,147 crore, with participation from top investors, gearing up for a public listing.

Microsoft CEO Nadella Clashes with Elon Musk over Stargate AI Funding

Microsoft CEO reaffirms $80 billion commitment to Stargate AI project amid funding dispute with Elon Musk, OpenAI CEO defends project.

Sarla Aviation Raises $10M for Electric Flying Taxis

Sarla Aviation secures funding led by Accel to develop electric aircraft for flying taxis, targeting market launch by 2028 to address urban challenges like traffic congestion and pollution.