The announcement by OpenAI on 27 February of a $110 billion funding round, which would put the ChatGPT creator's valuation at $840 billion. This development indicates a rapid increase in investment in AI. Just before the AI startup is set to have its mega-IPO later this year, a
After a fierce bidding war, Paramount Skydance defeated Netflix and announced on February 27 that it will purchase Warner Bros. Discovery. The merged firm will be valued at $110 billion. This deal finally puts an end to the five-month bidding war and establishes a new entertainment giant. This merger will
Prime Minister Narendra Modi is likely to launch the Micron Technology plant in Sanand today. This new facility is intended to commercially place India on the world semiconductor map. The memory solutions company, with headquarters in Boise (Idaho), is believed to produce 10% of its total output while operating at
Jaipur-based quick-service coffee chain Nothing Before Coffee (NBC) has secured ₹3.7 crore in on-air funding commitments during its appearance on the startup reality show Bharat Ke Super Founders, strengthening its expansion push across India’s Tier-II and Tier-III markets. The company also unveiled plans to scale aggressively, aiming to
India’s startup ecosystem recorded steady funding momentum across defence tech, proptech, enterprise infrastructure, and AI-led platforms, alongside notable corporate developments in edtech and manufacturing. Early-stage investments and growth capital continued to flow into innovation-driven startups, while companies announced strategic employee liquidity programmes and expansion ambitions. Here’s your daily
Gold and silver prices in India ended largely unchanged at the close of trading on February 27, 2026, with both metals maintaining steady levels amid mixed global cues. Gold 24K held firm around ₹1,61,020 per 10 grams in major cities, while silver stabilised at ₹2,85,000 per
In an effort to attract startups and foster innovation within the Indian Railways, Railways Minister Ashwini Vaishnaw announced the creation of a specialised tech strategy on February 26. Following in the footsteps of the defence ministry's iDEX program, the Rail Tech policy seeks to enlist the help of
In the next years, the Indian government anticipates that Apple Inc. will manufacture 30% of its iPhones worldwide in India. In light of the US Supreme Court's decision, the government does not anticipate any changes to Apple's expansion plans. The 10% fentanyl tax that was levied
India’s financial system remains stable for now, but early warning signs are emerging around household debt, consumption-driven borrowing, and declining savings, according to the latest Financial Stability assessment released by the Reserve Bank of India (RBI). The findings have sparked fresh debate among economists and market observers after data
Hundreds of Burger King locations in the United States will soon be equipped with headsets that use an OpenAI chatbot. As the business puts it, this is a necessary step in gaining insight into "overall service patterns" for management. Part of a larger artificial intelligence platform meant to
Anonymous posts on professional forum Blind reveal a troubling pattern of alleged misconduct at India's e-commerce giant, as employees claim management fabricated performance issues to push out long-serving staff ahead of an April deadline.
IAN Group, the country’s single largest early-stage investment platform, has invested in The Artment’s ₹10 crore pre-series A funding round, through its evergreen fund, IAN Angel Fund, with participation from other angel investors. Founded by Aditya Agarwal (Co-Founder & CEO) and Aanchal Agarwal (Co-Founder & CFO), The Artment
On Coursera, Google has introduced a new AI Professional Certificate. Its goal is to assist professionals in going beyond basic AI knowledge and safely utilising AI tools in their daily jobs. Google AI Pro will be provided to enrolled learners at no cost for three months. This allows for practical
The team at Block, the folks behind Afterpay, Cash App, and Square, are laying off 40% of their employees. Jack Dorsey, co-founder, wrote to shareholders explaining the action, saying that "intelligence tools" were the driving force. Dorsey predicts that the majority of businesses will soon do the same.
The 'Food on Train' service, which Swiggy offers for food delivery and fast commerce, was expanded on February 26th. It worked with IRCTC to provide service to 152 stations in India over the course of a year. The increasing desire for different culinary options across the country is
Senior staff members at Tata Consultancy Services have been instructed to aggressively develop and test artificial intelligence solutions. Thus, indicating a stronger drive to incorporate AI into leadership responsibilities. During his speech at the Nasscom Technology Leadership Forum in Mumbai, CEO K Krithivasan advised top leaders to put theory aside
Indian startups continued to attract strong investor interest on 26 February 2026, with capital flowing into deeptech, AI-led construction, fintech, wellness, consumer brands, and enterprise SaaS. Several growth-stage rounds led by Peak XV and global VCs highlight sustained momentum in India’s innovation ecosystem. Meanwhile, the day’s business headlines
Gold and silver prices in India closed firm on 26 February 2026, recovering from early volatility to end the session on a steady note. While MCX futures reflected intraday swings driven by profit-booking and global cues, domestic retail rates remained resilient across major cities. A softer US dollar index and
Over the next two years, WiseTech Global, an Australian logistics software business, plans to let off roughly 2,000 employees as it makes a significant shift to artificial intelligence. Consequently, it has reshaped over one-third of its global staff. About 29% of employees in 40 countries will be impacted by
As the British luxury carmaker struggles with US import taxes, weak demand in China, and growing financial hardship, Aston Martin plans to lay off up to 20% of its personnel. On February 25, the corporation announced that the layoffs, which will impact nearly 3,000 workers, should result in yearly
The digital lending landscape has undergone a massive transformation over the last decade. Borrowing money used to involve multiple trips to a physical bank branch and stacks of paperwork. Today, a few taps on a smartphone screen can initiate a credit transfer in minutes. This convenience is the primary reason
nailinit, a community-first nail care brand focused on Gen Z and millennial consumers, has raised ₹2.5–3 crore in a pre-seed funding round led by Gruhas Collective Consumer Fund (GCCF) and Marsshot VC along with other angel investors, the consumer investment platform backed by entrepreneur and investor Nikhil Kamath.
An all-natural pain therapeutics company, Wholeleaf, has raised ₹1.5 Cr in a seed funding round backed by investors like Aman Gupta – Cofounder and CMO of BOAT, Namita Thapar – Executive Director of Emcure Pharmaceuticals, and Kanika Tekriwal – CEO of JetSetGo, on the recent Shark Tank India Season 5. The company
US chip giant NVIDIA has delivered another record-breaking quarter, driven by surging global demand for artificial intelligence (AI) infrastructure. However, despite strong earnings and upbeat guidance, global markets reacted with caution as investors weighed high expectations and ongoing uncertainty around China sales. The company released its fourth-quarter and full-year results