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India’s Tech Startup Funding Sees 4% Uptick In H1 2024

Seed-stage funding saw a slight increase to USD 455 million, early-stage funding remained steady at USD 1.3 billion, and late-stage funding rose to USD 2.4 billion

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Accenture Exceeds Revenue Growth Expectations Driven By AI Adoption, Strong Bookings

The company reported quarterly revenue of USD 16.47 billion, slightly below estimates of USD 16.53 billion

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India’s DeepTech Ecosystem Adds 480 New Startups In 2023 Despite 77% YoY Funding Dip

The growth was predominantly due to a surge in AI startups, which accounted for 74 per cent of the new ventures

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Infosys To Celebrate 25 Years On NYSE With Bell Ringing

Since its US listing in 1999, Infosys has achieved a 22 per cent compound annual growth rate (CAGR) in revenue and a 15 per cent CAGR in market capitalisation

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Dell, Super Micro To Build Server Racks For Elon Musk’s xAI Supercomputer

Dell Technologies will be responsible for assembling half of the server racks for the supercomputer

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Elon Musk Talks X, AI & Abundance At Cannes Lions

Wearing not just his chief technology officer hat but also as the owner of X, Elon Musk spoke on how X is utilising AI to match content and ads to its users, how it is the best place to access global leaders and is ‘A plus’ on brand safety

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Ex-OpenAI Chief Scientist Ilya Sutskever Launches New AI Venture

Sutskever's new company wants to create a secure AI environment at a time when major tech companies are vying for dominance in the generative AI sector

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'Salesforce Economy' To Create 1.8 Mn Jobs, $88 Bn Revenue In India By 2028: Study

A study reveals that the AI revolution is creating huge opportunities for Salesforce’s partner ecosystem

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Nvidia’s Market Cap Overtakes Microsoft, Apple

This comes just days after Nvidia overtook Apple to secure the position of the second most valuable company, leaving Microsoft’s market value at USD 3.317 trillion and Apple’s at USD 3.286 trillion

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Generative AI Now A Boardroom Priority: Sharryn Napier, GitHub

In conversation with BW Businessworld, Sharryn Napier, VP for APAC at GitHub, discusses the transformative impact of generative AI on business strategy and market dynamics in the region

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