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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The newly listed enterprise AI firm is hoping to attract clients by offering outcome-based pricing for the software it provides, but there’s no saying if it will find enough takers.
Five months after its debut on Dalal Street, Fractal Analytics, marketed as India’s first pure-play enterprise artificial intelligence company to list on the bourses, is facing its biggest challenge yet.
After scaling past Rs 1,000 in May, at the height of the AI trade, the stock has fallen over 8% below its listing price.
Investor confidence plummeted after the company released its Q1 numbers—the first full quarter after listing—last week. Net profit declined 37% sequentially while earnings before interest and taxes (EBIT) margin contracted to 10.3%, down from 14.7% in the previous quarter. The biggest worry for the company, however, …
The arrest and charges against an employee of the artificial intelligence company, fewer early-stage VC deals, and other updates.
Big AI moves in the Middle East this week, Saudi Arabia-backed LIV Golf files for bankruptcy and other updates.
