indiatimes.com

184 articles in the Truth Foundry index. Each links out to the original.

• Instant Househelp Startups Burn $16-17M in June Amid Intensifying Customer Battle · Instant househelp startups burned $16-17 million in June due to aggressive discounting and customer acquisition efforts, raising investor concerns.
• Meta Announces AI Chip Production Launch in September to Double Computing Capacity · Meta plans to manufacture its own AI chip in September, aiming to double computing capacity and reduce reliance on external suppliers.
• Rebellions AI Chip Startup Targets IPO in Korea, Potential US Listing · Rebellions CEO Park Sunghyun announces plans for a Korean IPO next year with a potential US listing to follow.
• US Class-Action Lawsuit Filed Against Top Three Memory Chipmakers Over DRAM Supply Shift · Samsung, SK hynix, and Micron face a class-action suit alleging they restricted DRAM supply to prioritize AI memory.
• Turtlemint Fintech Shares List at 11% Discount on Indian Exchanges · Turtlemint Fintech shares listed at an 11% discount to IPO price on NSE and BSE.
• Cred Leads Indian Startup Funding Surge to $1.09 Billion This Week · Indian startups raised $1.09 billion in 14 deals, led by Cred's $900 million mega round.
• Hyderabad Economic Forum 2026 Assembles 500 Leaders to Chart City's Growth · Over 500 leaders gathered in Hyderabad to discuss AI, education, and sustainable development.
• South Korean Stocks Plunge 8% as KOSPI Hits Worst Weekly Performance in Months · South Korean stocks crashed over 8% led by semiconductor giants Samsung and SK Hynix.
• Micron Secures AI Memory Deals to Stabilize Industry Revenue · Micron adopts take-or-pay agreements with Nvidia to guarantee revenue and stabilize memory chip cycles.
• Google Loses Two Senior AI Staffers to Anthropic, Shares Dip · Google faces talent drain to Anthropic as investor confidence wavers.
• ByteDance Launches Paid Subscriptions for AI Chatbot Doubao · ByteDance introduces paid tiers for its 300 million user AI chatbot Doubao.
• Infosys CEO Salil Parekh Earns Highest Pay Among Indian IT Chiefs in FY26 · Infosys CEO Salil Parekh earned Rs 82.6 crore, topping Indian IT executive compensation in FY26.
• SK Hynix Overtakes Samsung to Become South Korea's Most Valuable Company · SK Hynix surpasses Samsung to become South Korea's most valuable company due to its HBM chip strategy.
• Walmart's Flipkart and Amazon Expand Quick Commerce in India · Walmart's Flipkart and Amazon accelerate quick commerce expansion in India targeting smaller cities.
• SK Hynix Raises $29.43 Billion via Nasdaq ADR Listing for AI Chip Expansion · SK Hynix secures $29.43 billion through Nasdaq ADR listing to fund AI chip production and facility expansion.
• China Premier Defends Tech Rise, Rejects Subsidy Claims at WEF · China's Premier Li Qiang attributes tech innovation to firm investments, not state subsidies.
• China Closes AI Gap with Cheaper Models as US Remains Leader · China is rapidly narrowing the AI gap with cost-efficient models that undercut US systems.
• Mark Zuckerberg Orders Meta to Develop Prediction Markets App · Meta is reportedly developing a new app called Arena to compete with prediction market platforms.
• Meta Acquires Minority Stakes in Tech Firms, Integrating Founders · Meta adopts a new strategy of taking minority stakes and hiring founders to access specialized AI and messaging talent.
• OpenAI Launches Daybreak Cybersecurity Initiative with GPT-5.5-Cyber Model · OpenAI introduces Daybreak, a new cybersecurity initiative featuring the GPT-5.5-Cyber model to accelerate software vulnerability remediation.
• California Judge Rejects Workday's Claim on AI Bias Laws · A San Francisco judge ruled California anti-discrimination laws apply to Workday's AI screening of global applicants.
• UK Culture Department Considers Mandating Social Media Prioritize Trusted News · UK government plans to require major social media platforms to prioritize public service media and trusted news sources.
• Qualcomm Nears Deal to Acquire AI Chip Startup Modular · Qualcomm is close to finalizing an acquisition of AI chip startup Modular to expand its portfolio.
• Mitigata Secures $15M in Funding Led by Bessemer Venture Partners · Bessemer Venture Partners leads $15M funding round for cybersecurity firm Mitigata to expand R&D and enter new markets.
• Next ECMS Tranche Expected in August to Boost Rare Earths and Component Production · The next ECMS tranche is anticipated in August, focusing on expanding domestic production of rare earths and critical components.
• NPCI Unifies UPI E-Mandate Tracking Across All Apps · NPCI introduces centralized e-mandate management for UPI apps, allowing users to view subscriptions in one place.
• Loss-Making Startups Prioritize Growth Capital Over Shareholder Exits in IPOs · Young startups like Zepto and Ola Electric favor fresh issue capital for scaling over large shareholder exits.
• Google DeepMind Partners with A24 on AI Film Research and $75M Investment · Google DeepMind and A24 launch AI film research initiative backed by $75M Alphabet investment.
• Micron Partners with Anthropic to Support AI Infrastructure and IPO · Micron Technology signs supply agreement with Anthropic to provide memory solutions for Claude models and supports its upcoming IPO.
• US House Committee Reaches Bipartisan Deal on Youth Social Media Rules · US House Energy and Commerce Committee leaders announced a bipartisan agreement on regulating youth social media use.