India’s startup ecosystem continued its growth trajectory in the first quarter of 2025, securing $2.5 billion in funding and ranking third globally, behind the US and the UK, according to Tracxn’s latest Geo Quarterly India Tech Report. However, in a notable shift, Delhi surpassed Bengaluru in total funding for the quarter, marking a key change […]
Jeff Bezos backs AI chipmaker vying with Nvidia at $2.6 billion value – CNBC TV18
Amazon.com Inc. founder Jeff Bezos joined Samsung in a $700 million bet on Tenstorrent, valuing the AI chip startup with ambitions of taking on Nvidia Corp. at about $2.6 billion. Tenstorrent, which hopes to create a chip to try and break Nvidia’s stranglehold on the AI business, raised capital in a funding round led by […]
Elon Musk to discuss $5 billion xAI investment with Tesla board – CNBC TV18
Tesla CEO Elon Musk said on Thursday he and the board of the electric vehicle company will discuss making a $5 billion investment in his artificial intelligence startup xAI, fueling concerns about a conflict of interest. Musk, the world’s richest person, launched xAI last year in a bid to compete with Microsoft-backed OpenAI. That sparked […]