Speciale Invest launches Rs 1,400 crore fund for deeptech startups

Vishesh Rajaram, founding partner at Speciale Invest, said that while more investors are entering the deeptech ecosystem, most remain focussed on the early stages with small cheque sizes. “India does not have a deeptech problem at the seed stage. The real gap is growth capital. Many startups have de-risked science, but they still need capital to become self-sustaining institutions,” he said.

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IIT-Bombay, Vertiv partner to enhance cooling strategies for AI-powered data centres

This partnership aims to build solutions that address these fast-evolving thermal demands while creating a pipeline of industry-ready engineering talent, according to a statement.

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General Catalyst to ramp up investments in manufacturing, AI

Silicon Valley heavyweight General Catalyst is recalibrating its India playbook, pivoting towards manufacturing, defence, and deeptech under a new "global resilience" investment thesis, managing director Neeraj Arora told ET. The shift marks a clear move away from the firm's earlier emphasis on consumer internet.

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OpenAI CEO Sam Altman teases 'really fun' launch amidst intensifying AI wars

Earlier this month, Altman reportedly declared an internal "code red" to accelerate improvements to ChatGPT to retain its competitive edge. In an internal memo, Altman accepted that Google’s recent successes in AI could “create some temporary economic headwinds for our company”. Altman assured colleagues that OpenAI is “catching up fast”, and would emerge on top in the AI race.

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Haircare brand Moxie Beauty raises $15 million in round led by Bessemer Venture Partners

Existing investors Fireside Ventures and angel investors, including Navin Parwal and Sangeet Agarwal, cofounders of Mokobara, participated in the funding round. The fresh capital will be used for product innovation, research, hiring talent, expanding distribution channels, and content creation for social media.

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AI-led work stands out as Capgemini India’s growth driver: Capgemini India MD

The company is placing its business operations and planned integration with WNS at the centre of this strategy, driven by demand from global capability centres (GCCs) and enterprises. Capgemini announced to buy WNS earlier this year for $3 billion.

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With Nvidia's second-best AI chips headed for China, the US shifts priorities from security to trade

The US has allowed Nvidia to sell powerful AI chips to China in return for a share of the profits. This shift weakens export controls and risks boosting AI-driven warfare worldwide. Allies like Australia now face hard choices between economic ties, security commitments, and trust in US leadership.

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These travel influencers don't want freebies. They're AI.

Travel brands are using AI-made influencers to promote destinations cheaply, quickly and with full control. These digital figures look real online, gain thousands of followers, and blur truth, while worrying human creators. As AI improves, travellers may trust social media less, as ads replace lived experience and personal voice online.

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Why SpaceX IPO plan is generating so much buzz

After two decades reshaping spaceflight, Elon Musk plans to float SpaceX on the stock market. The record-breaking IPO could raise over $30 billion, valuing the firm at $1.5 trillion, and fund Mars ambitions. Yet public scrutiny may challenge its bold, risk-heavy culture, and investor pressure could reshape future innovation and strategy choices.

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Oracle denies report on OpenAI data center delays

Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its debt-fueled AI infrastructure buildout. Shares of Oracle, which had fallen 3.6% following the report, pared some losses to be down by 2.8% in afternoon trading.

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Intel has tested chipmaking tools from firm with sanctioned China unit, sources say

Chipmaker Intel, has tested chipmaking tools this year from a toolmaker with deep roots in China and two overseas units that were targeted by US sanctions.

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