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SGX Loses $4.2 Billion in Value as Analysts Balk at Valuation

Shares of Singapore Exchange Ltd. slipped on Monday, extending a slump that’s erased about $4.2 billion in market value since an August peak on rising concern over lofty valuations.

Meta lets go Virtue AI founders 4 months after hiring them: Here’s what company said

Meta has parted ways with several employees from the acquired startup Virtue AI after only four months. Co-founders Bo Li, Dawn Song, and Sanmi Koyejo were among those let go due to workplace differences. This decision reflects ongoing challenges in enhancing AI safety and security within the company. The hiring aimed…

Menlo Ventures on AI slowdown; Ola Electric CEO pledges stake

Happy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a slowdown in frontier models. This and more in today's ETtech Morning Dispatch.

Tata's Assam chip unit is almost ready, and a non-China supply chain is in place

By cultivating new vendor networks, Tata aims to ensure India's flagship semiconductor venture remains resilient against potential trade blockades, retaliatory mineral curbs, and broader geopolitical shocks.

Nortje: 'I'll be very excited if I can put my Test cap on again'

Having played his last Test in 2023, he's eyeing a spot in SA's side for upcoming three-Test series against Australia at home

Amazon promises more local funding and less secrecy around data centers

Spotify billionaire’s body scan startup has come to America

Farooq Abbasi, an investor in Neko Health, talked to Equity about the hot health tech company and what's next for it.

Indian startup Eloelo unveils AI tool that turns scripts into videos

This startup pays NYC residents to run air conditioners on free batteries

Bonus: Every Electric’s batteries are beloved by household cats.

Karnataka govt’s Innoverse identifies seven startups for deeptech scale-up programme

The programme will support startups with market access, capital mobilisation, policy support, and access to technology and scale-up infrastructure, the IT/BT department said in a statement. The cohort comprises aerospace and defence startup AquaAirX Autonomous Systems, biotech startup Fibroheal Woundcare, space-tech…

OpenAI fires workers for 'mishandling sensitive information'

The former employees were investigated for sharing data with an outside AI evaluation group.

A startup wants to build a massive nuclear-powered data center on public land in Utah

Valar Atomics wants to place over 450 reactors on more than 9,500 acres in Utah to power a huge data center project.