News

Bright story of growth in GCC space awaits us beyond layoffs

Every week, news of layoff of staffers in global technology firms are making the headlines. This week, reports of LinkedIn’s plans to sack around 600 employees came, while it coincided with Meta’s decision to layoff around 8,000 staffers globally. In recent months, the intensity of mass layoffs has increased, creating anxiety among staffers. For instance, around 10,000 staffers of Oracle lost their jobs this year as the company undertook a mass layoff globally for focusing on AI infrastructure investment.

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From edtech to quantum: India’s student founders redraw startup map

India’s student startup ecosystem is undergoing a sharp shift toward deep-tech and research-led ventures, with founders increasingly building in sectors such as Al, defence, climate and quantum technologies instead of the consumer internet and edtech models that dominated the previous decade, according to a report by Campus Fund.

From edtech to quantum: India’s student founders redraw startup map Read More »

As OpenAI and Anthropic soar, where do India’s AI startups stand?

US-based Anthropic and OpenAl, the world’s two largest artificial intelligence (AI) startups and bitter rivals, are said to be eyeing IPOs at $1 trillion valuations each. India has, however, remained quiet since its chaotic five-day Al Impact Summit in February. Most domestic Al firms have yet to make a significant impact, and India’s leading enterprises continue to partner primarily with American giants. Where do India’s Al startups stand? 

As OpenAI and Anthropic soar, where do India’s AI startups stand? Read More »

Desi chip companies fear MNCs will dip into their DLI 2.0 treat

India is planning the second phase of its semiconductor incentive scheme, DLI 2.0. Concerns are rising among domestic startups that allowing multinational corporations to join, even with minority stakes, could overshadow Indian firms. The government aims to balance foreign investment with domestic control to foster self-reliance in chip design.

Desi chip companies fear MNCs will dip into their DLI 2.0 treat Read More »

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