AI boom fails to propel China’s cloud market growth

An AI sign is seen at the World Artificial Intelligence Conference in Shanghai on July 6, 2023. Aly Song | Reuters BEIJING — Excitement over artificial intelligence isn’t yet fueling a boom in cloud services spending in mainland China. “The Chinese cloud services market remains conservative, relying heavily on government and state-owned enterprises to drive … Read more

Peak XV Companions backs India’s Digantara to propel house situational consciousness

Digantara, an Indian house tech startup that’s engaged on house situational consciousness, has raised $10 million in a funding spherical led by Peak XV Companions (previously Sequoia Capital India and Southeast Asia) because it plans to kick off industrial house operations and satellite tv for pc site visitors administration. That is notably the primary space-tech … Read more