Anthropic drops pursuit of AI startup Decart valued at $6 billion
Anthropic has decided not to pursue an acquisition of artificial intelligence startup Decart AI, Bloomberg News reported on Monday, citing people familiar with the matter.
Anthropic has decided not to pursue an acquisition of artificial intelligence startup Decart AI, Bloomberg News reported on Monday, citing people familiar with the matter.
The round, led by Insight Partners, included participation from Salesforce and existing investors Index Ventures, IVP, Vine Ventures, 9Yards and Bessemer Venture Partners.
SK hynix CEO Kwak Noh-jung said SK hynix was looking globally for potential sites that could support its development and testing needs, citing power, water and government incentives among key considerations. Kwak also said the company's newly established AI Co. would serve as an investment vehicle for startups and companies that could support its...
Experts have long touted quantum computers' potential to solve problems regular computers cannot and speed up scientific discoveries, but the technology remains error prone because of its extreme sensitivity to any disturbances including sound.
Infosys has invested an undisclosed amount in Bengaluru-based AI procurement startup Aerchain through its Infosys Innovation Fund. Founded in 2019, Aerchain offers an AI-powered procurement platform for enterprises. The investment follows its $13 million funding round in March.
Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winners, and more, in today’s ETtech Top 5.
Barret Zoph, a cofounder of artificial intelligence startup Thinking Machines Lab, will join Alphabet-owned unit Google DeepMind, Zoph said on Wednesday. Zoph will join Google's DeepMind as Vice President of Research after serving as Vice President of Research at OpenAI.
Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick the winners of The Economic Times Startup Awards (ETSA) 2026.
Emergent cofounder Mukund Jha has won the Comeback Kid award at the ET Startup Awards 2026, marking a return after the collapse of Dunzo. The jury recognised his second act with AI startup Emergent, which recently raised $230 million at a $1.5 billion valuation and built more than 12 million applications through its AI-powered platform.
Founded in 2020 by Saurabh and Trishala Bothra and Anshul Agrawal, the platform aimed to make yoga more accessible and has become one of India's largest digital wellness platforms, growing without external funding.
Deeptech startup Theranautilus has won the Top Innovator award at the ET Startup Awards 2026 for its work on microscopic robots that can navigate the human body for targeted treatments. Founded in 2020, the Bengaluru-based startup is developing the technology for dental care, with human trials planned for September 2026.
Sauce VC founder and managing partner Manu Chandra has won the Midas Touch award for Best Investor at the ET Startup Awards 2026. The jury recognised his early bets on consumer startups and strong exit track record, including Sauce’s estimated Rs 500-550 crore exit from portfolio company Innovist to L’Oréal.
Armatrix has won the Best on Campus award at the ET Startup Awards 2026 for its snake-like robotic arms designed to work in narrow, hazardous industrial spaces. Founded on the IIT-Kanpur campus in 2024, the startup is running paid pilots in shipbuilding and plans to expand into aviation, oil and gas and nuclear industries.
Palmonas cofounder Pallavi Mohadikar and Progcap cofounder Pallavi Shrivastava jointly won the Woman Ahead award at the ET Startup Awards 2026. The jury recognised their distinct journeys in building high-impact businesses in jewellery and supply-chain finance, as both founders tackle underserved markets in the country.
The elite jury was chaired by Wipro executive chairman Rishad Premji. The 11-member panel deliberated for nearly three hours on Tuesday to pick winners in eight categories.
Do you consider a public market company a startup, or do those not qualify? That was the big debate when the jury met to decide the next cohort of winners for The Economic Times Startup Awards 2026.
Varaha is helping farmers adopt sustainable farming practices such as regenerative farming, tree planting, biochar and enhanced rock weathering that improve organic carbon and moisture retention in soil and boost biodiversity, while reducing farmers’ dependence on synthetic inputs.
With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, Delhivery, Swiggy, Oyo, Freshworks and Ola, all of which won the biggest honour over the 11-year history of the awards.
Founded in 2024 by chef and content creator Sanjyot Keer and entrepreneur Neeraj Kumawat, Curaa designs kitchen appliances and tools tailored for Indian cooking habits. The company said the fresh capital will be used for product development, branding, and supply chain management, while also supporting its omnichannel expansion plans.
Founded in 2023 by Siddharth Tripathi, Kali Charan Vemuru and Utkarsh Shukla, the startup counts Policybazaar, CRED, Flipkart, Groww and Practo among its customers.