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OpenAI to raise $40 billion to boost AI efforts

By Jaspreet Singh and Harshita Mary Varghese (Reuters) -OpenAI said on Monday it would raise $40 billion in a new funding round led by SoftBank Group at a $300 billion valuation to advance AI research

IMF’s Georgieva says initial signs from US on digital deregulation are encouraging

By Andrea Shalal, David Lawder WASHINGTON (Reuters) -Initial signs from the Trump administration on its plans to deregulate digital assets are "quite encouraging," International Monetary Fund Managing

Trump says TikTok sale deal to come before Saturday deadline

By Andrea Shalal and David Shepardson ABOARD AIR FORCE ONE/WASHINGTON (Reuters) - President Donald Trump said a deal with TikTok's Chinese parent ByteDance to sell the short video app used by 170

Google-backed AI drug discovery startup raises $600 million

(Reuters) - Isomorphic Labs, which uses artificial intelligence technologies for drug discovery, has raised $600 million in its first ever external funding round led by Thrive Capital, the startup

AI-powered cybersecurity firm ReliaQuest valued at $3.4 billion in latest funding round

-AI-powered cybersecurity firm ReliaQuest said on Monday it has raised more than $500 million in a funding round led by EQT, KKR and FTV Capital, valuing it at $3.4 billion. Investor enthusiasm for

GlobalFoundries and Taiwanese chipmaker UMC mull potential merger, sources say

By Milana Vinn (Reuters) - Taiwan's major chipmaker United Microelectronics and U.S.-based GlobalFoundries are looking into the possibility of a merger, two sources familiar with the matter told

OpenAI plans to release open-weight language model in coming months

(Reuters) - OpenAI is planning to release its first open-weight language model with reasoning capabilities since GPT‑2 in the coming months, CEO Sam Altman said on Monday. The company will speak with

United receives FAA approval for first Starlink-equipped planes

By David Shepardson WASHINGTON (Reuters) -United Airlines said on Monday that the Federal Aviation Administration has approved its first Starlink-equipped aircraft type and that the first commercial

Italy moves to phase 2 in satellite constellation plan

ROME (Reuters) -Italy is pressing ahead with a plan to set up its own low-orbit satellite constellation, a source close to the matter told Reuters on Monday. The dual use constellation - for civil and

Trump pardons BitMEX co-founders, White House official says (March 28)

(This March 28 story has been corrected to say that the co-founders failed to implement a Bank Secrecy Act-compliant anti-money laundering program, not violating the Bank Secrecy Act, in paragraph 3)

On Camera

Trump’s 28 points for Ukraine add up to a no-go at peace

Two questions are pertinent: Why does the Trump administration keep making the same mistakes on the peace proposal? And what does a hurried peace plan mean on the ground?

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

Tejas fighter aircraft crashes at Dubai Air Show, IAF confirms pilot’s death

This is the second such incident after a Light Combat Aircraft (LCA) Tejas had crashed into a hostel on the outskirts of Jaisalmer in March last year.

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.