OYO parent PRISM gets Sebi nod for ₹6,650-crore IPO, eyes next filing | IPO
Global hospitality technology company PRISM, which is the parent firm of OYO, has received approval from the Securities and Exchange Board of India (Sebi) for its proposed initial public offering (IPO) worth ₹6,650 crore, according to people aware of the development. The company had filed its confidential Draft Red Herring Prospectus (DRHP) […]
I held the next-gen handheld
Intel couldn’t catch a break. Layoffs. Shakedowns. Crashing CPUs torpedoing its reputation, sending desktop gamers fleeing to AMD. Apple and Qualcomm pushing Intel out of multiple flagship laptops. A gaming graphics card going MIA. But its Panther Lake laptop chip, the first on its all-important 18A process, turned out excellent — and a handheld version […]
Uber caps employee AI spending after blowing through budget in four months
AI is getting expensive, and some companies are cutting back on usage in an attempt to moderate costs. That cohort includes Uber, which recently instituted internal usage caps as a way to cut down on its exorbitant AI spend. Bloomberg reports that the company has instituted a new rule that places a monthly $1,500 cap […]
Microsoft Build 2026: the 7 biggest announcements
Microsoft just kicked off Build 2026 with a keynote from CEO Satya Nadella and other company leaders. As expected, it was filled with announcements, ranging from new Surface hardware to an always-on personal assistant and updates across Microsoft’s in-house AI models. If you didn’t watch the event live, you can catch up on all the […]
Advancing youth safety and opportunity through global leadership
OpenAI calls for global action on youth AI safety, proposing an international institute to strengthen safeguards, standards, and opportunities for young people. Source link
Codex for every role, tool, and workflow
Discover new Codex plugins, sites, and annotations that help analysts, marketers, designers, investors, and other teams get more done with AI. Source link
Travelers deploys AI-powered claims countrywide with OpenAI
Travelers built an AI-powered Claim Assistant with OpenAI to guide customers through filing claims, provide 24/7 support, and scale operations during peak demand. Source link
Focused Energy raises whopping $240M Series A for laser-powered fusion tech
Focused Energy recently raised an oversubscribed $240 million Series A round, one of the largest early-stage rounds for a fusion power startup. The new round, announced last week, brings the company’s total private capital raised to $300 million, the company told TechCrunch. The startup has also received $200 million in grants, collectively making it one […]
Trump signs narrower executive order on AI oversight after industry objections
President Donald Trump signed an executive order on Tuesday designed to give the government a chance to review powerful AI models before they are released. The order asks certain AI companies to voluntarily submit their new models to the government for testing or evaluation 30 days before releasing the products to the public. A previous […]
Concord Biotech receives USFDA approval for Mycophenolate Mofetil for Oral Suspension USP | Capital Market News
Last Updated : Jun 02 2026 | 6:16 PM IST Concord Biotech has received approval from the U.S. Food and Drug Administration (USFDA) for its ANDA for Mycophenolate Mofetil for Oral Suspension USP, 200 mg/mL. Mycophenolate mofetil is an antimetabolite immunosuppressant indicated for the prophylaxis of organ rejection in adult and pediatric recipients 3 months […]