IIT Bombay has recently received a donation of Rs 160 crore, from a donor. This significant contribution will be utilized to establish a Research Hub focused on Green Energy and Sustainability.

Korean internet company Naver has ventured into the world of intelligence with its new tool called HyperCLOVA X. This AI tool focuses on providing search results and tailored services for businesses.

GradRight, a company based in Mumbai has successfully raised INR 50 Cr, in Series A funding from IvyCap Ventures.

In India, the number of people with AI skills increased by 14 times between January 2016 and June 2023, according to recent research by the online professional networking site LinkedIn.

The demand for Nvidia’s processors was greatly surpassed by its quarterly revenue prediction on Wednesday, and the company also announced it will repurchase $25 billion worth of stock, sending its shares surging after hours.

Reliance Retail Ventures Limited (“RRVL”) announced today that the Qatar Investment Authority (“QIA”) will invest 8,278 crore in RRVL, a subsidiary of Reliance Industries Limited, through a wholly-owned subsidiary.

SpyCloud gives organizations automated avoidance of the top assault vectors utilized by modern lawbreakers, forestalling the most expensive designated assaults.

Bullish investors are hopeful that Nvidia’s earnings release on Wednesday can revive the sputtering recent advance in U.S. markets. The S&P 500 has increased by 14% this year, with the

Boxs, a startup that is transforming the field of design for businesses has successfully raised $1.6 million, in funding. The investment was led by Peak XVs Surge with participation from Titan Capital and the founders of Zetwerk.

Wootz.work, a startup that offers Software as a Service (SaaS) has successfully raised $3.5 million, in seed funding.

Dutch pension fund APG Asset Management are among the international investors competing to invest up to $250 million (roughly 2,080 crores) in Mahindra InvIT, according to an Economic Times report. 

HonorTech, a company to make a comeback, in India’s smartphone industry has announced a significant initial investment of Rs 1,000 crore.