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2 mins read

Defence ministry allocates Rs 300 cr for technology development fund to promote Make in India products

The Ministry of Defence has sanctioned over Rs 300 crore through its Technology Development Fund (T…

ANI   


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2 mins read

SEBI mulls measures to facilitate ease of doing business for ESG Rating Providers (ERPs)

Per the paper's proposal, ERPs won't be required to disclose ESG (environmental, social, and govern…

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2 mins read

These tech investors are trawling UC Berkeley to fund the next Perplexity or Databricks

The House Funds invests in a conveyor belt of entrepreneurial talent coming out of the University o…

Melia Russell   


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4 mins read

Meet Jeff Smith, the hedge-fund investor taking on Pfizer

Since 2011, Starboard Value's Jeff Smith has extracted board seats and profits from corporate Ameri…

Alex Morrell   


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2 mins read

A quant research leader from Two Sigma's vaunted 'techniques' squad is leaving for Cubist

Kan Huang was a leader in Two Sigma's vaunted machine-learning techniques group. He's joining Cubis…

Alex Morrell   


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5 mins read

What's in a title? How hedge funds and their employees use the industry's lack of consistency to their advantage

Hedge fund titles have become a part of the industry's talent war. "It's extremely tough to know wh…

Bradley Saacks   


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3 mins read

The 4 forces that will challenge the dominance of the dollar, according to economic researchers

The dollar's dominance in financial markets has slipped, with the greenback accounting for less tha…

Jennifer Sor   


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8 mins read

Funding 'John Wick' kick-started Eva Longoria's investing career. Now, it's her day job.

Eva Longoria got her start as an actor. But after investing $6 million to save "John Wick," she's b…

Jason Guerrasio   


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6 mins read

Why quant giant D.E. Shaw seeks out academics, doctors, and veterans to work at the $60 billion hedge fund

The firm is known for recruiting talent from outside of finance to work at the long-running asset m…

Bradley Saacks   


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2 mins read

VCs are rushing to meet with former OpenAI CTO Mira Murati in hopes of funding a new company

Venture capitalists pursue Mira Murati after her departure from OpenAI, as the company closes in on…

Sri Muppidi   


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7 mins read

What office meltdown? Developers see a shortage of high-end space and are rushing to build it.

Tenants like Citadel, JPMorgan, and Meta have sought new top tier offices. Little of it has been bu…

Daniel Geiger   


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5 mins read

MIT researchers say that AI is 'inherently sociopathic' — but that it can be trained to give ethical financial advice

AI is poised to transform financial advising — it could offer ethical, personalized guidance and he…

Tanza Loudenback   


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3 mins read

India provided more climate finance in 2022 than many rich nations, noted recent report

India provided $1.287 billion in climate finance to other developing countries through MDBs in 2022…

PTI   


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2 mins read

Dunzo co-founder Mukund Jha plans to start his own AI company, seeks to raise up to Rs 80 crore from Together Fund

Dunzo co-founder Mukund Jha, who stepped down from the company's board last year, is set to launch …

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2 mins read

OpenAI's mission to develop AI that 'benefits all of humanity' is at risk as investors flood the company with cash

OpenAI CEO Sam Altman is in danger of straying from his company's original mission as he works to a…

Kenneth Niemeyer   


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4 mins read

AI companies are in a state of anxiety as California tries to both develop and regulate the tech

California wants to hold onto its lead in the AI arms race and regulate it at the same time. A prop…

Lakshmi Varanasi