VCs chase deeptech; AI takeaways from ET's WLF

Happy Monday! Specialist VC funds are expanding beyond their traditional sectors to invest more in deeptech. This and more in today’s ETtech Morning Dispatch.

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India faces capital, talent gap in foundational AI race: Menlo Ventures’ Deedy Das

India faces hurdles in building globally competitive foundational AI companies, with top research talent concentrated in San Francisco and limited appetite for large, high-risk investments, Menlo Ventures partner Deedy Das said at The Economic Times World Leaders Forum 2026. He sees stronger opportunities for Indian startups at the application layer.

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Alibaba proposes $10 billion share placement to fund global AI drive

The Hangzhou-based firm has been ploughing tens of billions of dollars into AI, with its shareholders eager to see how it will monetise the huge investments. The company intends to use all of the net proceeds to invest in its "full stack AI capabilities, including to expand and enhance its AI infrastructure", it said.

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Dutch regulator fines Uber $966 million for automating driver suspensions

The penalty would be the second-largest issued ​yet under Europe's General Data Protection Regulation. It is behind only a €1.2 billion fine imposed on Meta by Ireland in 2023 for unlawfully transferring European Facebook users' data to the United States. Meta is appealing.

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TikTok agrees to $400 million US children's privacy settlement

The Justice Department sued TikTok and ByteDance in 2024 for allegedly failing to protect children's privacy, and ‌illegally collecting their ⁠information.

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The Economic Times Startup Awards 2026: Nominees for Startup of the Year and Midas Touch

Happy Friday! We are excited to bring to you the 12th edition of The Economic Times Startup Awards (ETSA). A few days before our esteemed jury convenes to pick the winners, we reveal nominees for the most coveted categories: Startup of the Year and Midas Touch for the best investor.

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ET Startup Awards 2026: Nominees for Startup of the Year

The ET Startup of the Year will be characterised by breakthrough innovation, top-class execution and fast-paced growth. The quality of the founding and management team will be an important component in decision making.

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The Economic Times Startup Awards 2026: Nominees for Woman Ahead and Social Enterprise

Happy Thursday! The ETtech team has been preparing for the past few months to bring you the 12th edition of The Economic Times Startup Awards (ETSA). Today, we are unveiling the nominees for two more categories: Woman Ahead and Social Enterprise.

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ET Startup Awards 2026: Nominees for Woman Ahead

This award recognises women entrepreneurs who have built their own ventures and are competing with the best in the industry. To qualify, nominees must be serving as CEOs of their startups, unless the company does not have a CEO-designated role.

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OpenAI slows advanced AI development after cyberattack

ChatGPT creator OpenAI said Tuesday that it was tapping the brakes on development of its most advanced AI model and tightening internal controls, a month after revealing a cyberattack carried out by one of its rogue models. OpenAI also said Tuesday that it was developing a new system to peer into the internal reasoning of models and sound the alarm to humans within 30 minutes of suspicious behavior.

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New-age stocks take off; Swiggy goes Indian

Happy Wednesday! India’s new-age companies are gaining ground in public markets as more startups go public. This and more in today’s ETtech Morning Dispatch.

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