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Startups witness a shift in investment trends. Domestic investors, family offices, and public market investors like ValueQuest and Singularity Ventures actively back ventures. Investment landscape changes as global funds retreat, and founders turn to investment banks for funding.
The government in March had announced its intention to set up an investment fund to promote projects in the AI sector, backed by CDP, as part of its broader push, as chair of the G7, to focus on the impact of AI on jobs and inequality.
The change of guard at Wipro is coming at a time when the IT major's operating margins are the lowest among its peers. And the change comes at a time when clients are in no mood to ramp up big budget transformation deals.
Alexandre de Moraes accused the owner of X of "criminal instrumentalisation" of the platform. The judge said "the social network X must refrain from disobeying judicial orders, including by reactivating an account that the Supreme Court ordered blocked."
Beginning Saturday evening, Musk took to X, the platform formerly known as Twitter which he purchased in 2022, to launch a series of attacks against the justice. As a result of Moraes threatening to "cut off access" to the platform, "we will probably lose all revenue in Brazil and have to shut down our office there," Musk posted.