Zetwerk IPO: Size, valuation, timeline and other details we know so far

Zetwerk is preparing to confidentially file IPO papers to raise up to $550 million at a $4 billion valuation, including fresh equity and OFS. Led by Amrit Acharya, the move comes amid senior exits. Here’s a look at its IPO plans.

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UK aerospace company wins lawsuit against ex-CEO who lobbied against Chinese investment deal

Gardner said Upton contacted politicians ​and encouraged them to pressure the British ⁠government to "call in" ‌the deal and impose onerous conditions, to try ​and ​keep his job under a different potential owner. But Judge Richard Smith ruled on Friday that Upton had breached his duties as ‌a director of Gardner by taking steps that "he knew would undermine the transaction," including sending emails to lawmakers ​to oppose ​the deal.

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Philippe Laffont’s $70 billion Coatue looks to launch new AI, tech fund

Philippe Laffont’s $70 billion Coatue Management is gearing up to launch a new fund to wager on public and private artificial intelligence and tech innovation companies, a sign the firm is rethinking its long-only investing strategy as more startups stay private for longer.

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Nimble mid-tier IT riding large deal momentum as AI rejigs biz

Large deals are gaining momentum at mid-tier IT service providers in 2026, amid concerns over artificial intelligence (AI) tools disrupting traditional outsourcing models, as enterprises cast a wider net for large transformation projects.

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Meta to roll out Meta AI support assistant globally on Facebook and Instagram

Meta announced that it is rolling out Meta AI support assistant globally on Facebook and Instagram to provide 24/7 help with account issues such as password updates and profile settings.

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Broadcom hit with EU antitrust complaint and request for interim measure

​Lobbying group Cloud Infrastructure Services ​Providers in Europe on Thursday urged ​EU antitrust regulators to temporarily stop Broadcom from ending its VMware Cloud Service Provider programme in Europe, ramping up its fight against the ‌US tech ⁠company.

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Key Ministries may soon get the power to block online content

The government is considering expanding the remit of the Information Technology Act, 2000 to empower critical ministries such as defence, home affairs, external affairs and information and broadcasting to issue content blocking orders under Section 69(A) of the legislation, officials told ET.

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AI race shifts from size to reliability, says Emergence AI CEO

The real battle in artificial intelligence is shifting from building bigger models to ensuring they behave predictably, as enterprises prioritise reliability while adopting AI, said Satya Nitta, chief executive and cofounder of Emergence AI, a startup focused on building agentic AI systems.

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Why founders are flocking to OpenClaw?

There is a mad rush in India to adopt OpenClaw as enthusiasts organise meetups and buildathons; but some key security concerns remain. Swathi Moorthy decodes the new AI mania.

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Apple acquires visual effects plugins company MotionVFX

The Warsaw-based startup develops high-quality plugins, transitions, motion graphics, and visual effects for professional video editors. It specialises in tools for Final Cut Pro and DaVinci Resolve and offers editable templates, including mReels, titles, and tracking tools, to create cinematic, professional-level graphics in minutes. Apple has over 50 third-party developers offering effects-related products within the Final Cut Pro ecosystem. As part of the acquisition, around 70 MotionVFX employees are reported to join Apple.

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Scoop: Sequoia alumni’s Ambition Capital set to raise $250 million for early-stage investing

Shailesh Lakhani, Harshjit Sethi and Mayank Porwal, who were previously with Peak XV (formerly Sequoia Capital India), have teamed up to early-stage fund to back seed and series A startups. Bengaluru-based Ambition Capital will back startups across consumer, AI, deep tech and fintech, which are the areas familiar to the trio.

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