The Consumer Technology Association, representing more than 1,200 firms including Amazon, Apple and Google, urged the Senate to pass the CLARITY Act without delay. Senator Cynthia Lummis followed with an on-record statement that the bill ends the 'absurdity' of developers needing lawyers to know
Sarvam, the Bengaluru-based AI startup building full-stack Indian-language AI infrastructure, has raised $234 million at a $1.5 billion valuation, making it India’s newest AI unicorn. HCLTech, the IT subsidiary of HCL Group, led the round with a $150 million strategic commitment, with Bessemer Venture Partners participating alongside existing backers Khosla Ventures and Peak XV Partners. […]
Meta's potential investment in Cred could reshape India's fintech landscape, enhancing WhatsApp's market position and regulatory dynamics.
The post Meta reportedly in talks to invest in Indian fintech Cred, with Kunal Shah eyed for WhatsApp role appeared first on Crypto Briefing.
Amazon's potential $3T valuation highlights the growing influence of cloud and AI investments, reshaping tech market dynamics and investor strategies.
The post Amazon predicted to surpass Microsoft’s market cap, join $3T club by summer appeared first on Crypto Briefing.
Amazon's decision highlights the prioritization of strategic partnerships over entertainment ventures, reflecting broader industry dynamics.
The post Amazon cancels Sam Altman biopic ‘Artificial’ after $50B OpenAI deal appeared first on Crypto Briefing.
The raids highlight India's stringent regulatory stance on crypto, potentially deterring foreign investment and complicating cross-border transactions.
The post Enforcement Directorate raids Bengaluru firms over $260M crypto transfers appeared first on Crypto Briefing.
Jio's IPO-driven debt reduction could enhance financial flexibility, enabling strategic investments in 5G and AI, impacting India's telecom landscape.
The post Jio Platforms plans $3B debt reduction from IPO proceeds in India’s largest-ever offering appeared first on Crypto Briefing.
The company, which invested $50 billion in the artificial intelligence start-up this year, will let the team behind the film, “Artificial,” try to sell the project to another studio.