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Detailed stories on technology startups, business and economic current affairs.
OpenAI’s runaway success has spawned a slew of Indian startups keen to take a shot at generative AI. A fair amount of capital is being invested behind the latest buzzword—but it’s unclear what will stick.

The Abu Dhabi investment firm just upped the AI stakes, private debt in the Gulf is having its moment in the sun, and other updates from this week.
A $234 million raise is chump change in the global AI arms race. Can Sarvam still compete?
CargoX gets a $250 million cheque from a prominent investment firm; the Gulf is shining in the upcoming American tech IPOs; and Abu Dhabi has hit pause on rental increases.