Peak XV, Activate in talks to invest in Silicon Valley AI dictation startup Wispr Flow

Founded by Stanford graduates Tanay Kothari and Sahaj Garg, Wispr Flow develops a voice dictation tool that allows users to speak into apps and workflows instead of typing. The latest funding is likely to nearly triple its valuation to $2 billion, per people in the know.

from Tech-Economic Times https://ift.tt/dryXNW2

Aequs FY26 revenue rises 33% on aerospace, consumer business growth

For the March quarter, revenue from operations rose 47% year-on-year to Rs 367 crore, aided by growth in the aerospace business. The company posted a net loss of Rs 54.1 crore for the quarter.

from Tech-Economic Times https://ift.tt/Oemp6gh

VCs eye deeptech fund launches to leverage RDI capital

Sector-agnostic VC firms Kalaari Capital and Blue Ashva Capital are among those exploring new deeptech-focussed vehicles amid rising investor appetite around areas such as spacetech, semiconductors, robotics and energy transition, people aware of the matter told ET.

from Tech-Economic Times https://ift.tt/J04brRL

Udaan in talks to raise $50-60 million from existing backers Lightspeed, M&G: sources

The Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated at a flat valuation of $1.8 billion and could be Udaan’s last private capital raise before it targets an initial public offering (IPO).

from Tech-Economic Times https://ift.tt/zER8amZ

Hotels strive to be found as AI models conduct travel search

With people increasingly adopting AI to help plan their vacations, hotels are working to make sure that you check them out -- and check in. "What a hotel needs to do to get well referenced by search engines is not the same thing that they need to do to get referenced by artificial intelligence," said Johanna Benesty at BCG. Moreover, not all AI models "work in the same way," she added.

from Tech-Economic Times https://ift.tt/2U9IypR

China's DeepSeek to make permanent 75% price cut on flagship V4‑Pro AI model

DeepSeek ⁠did ⁠not disclose whether the permanent price cut was due ​to increased supply of Huawei's Ascend 950 chips, which it ​used to maximize V4's performance.

from Tech-Economic Times https://ift.tt/QrfdSm3

Anthropic AI model finds over 10,000 critical bugs across open-source software projects

The AI startup said around 50 carefully selected partners, including technology firms and research organisations, were given limited access to the model over recent weeks. Mythos Preview was used to scan more than 1,000 open-source software projects during the trial.

from Tech-Economic Times https://ift.tt/7GmNoWq

Microsoft veteran Yusuf Mehdi to exit after 35 years

After 35 years at Microsoft, consumer chief marketing officer Yusuf Mehdi announced his departure, planning to leave in June 2027. Mehdi, a key figure in product launches from Windows 95 to Copilot Plus PCs, will focus on Windows, Microsoft 365, and the One Copilot vision during his remaining time.

from Tech-Economic Times https://ift.tt/uxJ9b4w

On London's streets, facial recognition tests the balance between security and liberty

The operation was an example of a technology the ​Metropolitan Police say is transforming policing, helping officers arrest around 2,500 wanted people since the start of 2024, including suspects accused of violent ​and sexual offences.

from Tech-Economic Times https://ift.tt/yXwvA52

China's JD.com weighs £2 billion bid for UK retailer The Very Group: Report

The move would follow JD.com's ​earlier UK efforts, including its failed takeover bid for electricals group ​Currys and its decision ⁠last year ‌to walk away ​from ​talks to acquire Argos ⁠from Sainsbury's.

from Tech-Economic Times https://ift.tt/zNbEwiQ

Activision shareholders reach $250 million settlement over Microsoft buyout

Shareholders of Activision Blizzard reached ‌a $250 ⁠million settlement ⁠over ​allegations that Microsoft and ​former executives of the ​maker ⁠of the "Call ‌of ​Duty" ​video ⁠game shortchanged them when the ​software giant acquired ​it in 2023 for $75.4 billion, according ‌to a late Thursday ​court ​filing ⁠in a Delaware state court.

from Tech-Economic Times https://ift.tt/x9ftPID