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TechCrunch

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The complete agenda for TechCrunch Sessions: AI unveiled

  • TechCrunch is hosting a one-day event, TechCrunch Sessions: AI, on June 5 at UC Berkeley for 1,200 participants focusing on AI in tech.
  • The event features top minds like Anthropic co-founder Jared Kaplan, Databricks co-founder Ion Stoica, and executives from ElevenLabs and DeepMind.
  • Discussions at the event cover AI transformation, startup funding in AI, AI ethics, foundation models, and product launches against incumbents.
  • Breakout sessions include topics like working with OpenAI, secure generative AI, AI policy for startups, compliance, and global expansion.
  • Speakers will share insights on building innovative solutions with AI models, and founders will discuss navigating the competitive AI landscape.
  • Attendees can join deep-dive AI conversations, interactive Q&A sessions, and save up to $210 with Early Bird ticket rates.
  • The event aims to provide valuable insights for founders, CEOs, entrepreneurs, investors, and anyone involved in shaping the future of AI.
  • Book your Early Bird Pass to secure discounted rates, connect with industry experts, and gain knowledge about the evolving AI industry.

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Global Fintech Series

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Boosted.ai Partners With Liontrust to Enhance AI-Driven Investment Research

  • Boosted.ai has partnered with Liontrust to integrate advanced artificial intelligence (AI) into its portfolio management and research workflows.
  • The collaboration highlights the growing adoption of AI in asset management as companies seek to enhance efficiency, risk control, and investment insights through cutting-edge technology.
  • Liontrust is leveraging Boosted.ai to develop proprietary AI agents, significantly enhancing research efficiency and focus.
  • Boosted.ai's platform empowers investment teams to automate tasks, monitor market movements, and surface actionable insights at scale for better decision-making.

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Medium

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Announcing LH Fund IX

  • Lerer Hippeau has announced LH Fund IX, a $200M fund exclusively focused on early-stage investments.
  • This fund will continue to support pre-seed and seed companies with a talent-driven and generalist investment approach.
  • The raise marks 15 years since Lerer Hippeau's inception, coinciding with significant changes in New York's tech ecosystem.
  • The venture capital landscape in New York has evolved from a cottage industry to a mainstream asset class over the years.
  • Lerer Hippeau's origin story reflects a time of collaborative innovation and belief in New York as a major tech hub.
  • Their investment strategy focuses on exceptional founders tackling evolving markets with unique insights.
  • The team's ability to adapt to industry changes and invest in diverse sectors has been key to their success.
  • Lerer Hippeau prioritizes partnering with founders to envision and build potentially groundbreaking businesses.
  • Their experience and improved pattern recognition contribute to identifying fruitful opportunities for investment.
  • The company remains committed to serving as a founder's trusted institutional partner for the long term.

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Bloomberg Quint

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Jamie Dimon Says US Recession Is ‘Likely Outcome’ Of Tariff Upheaval

  • Jamie Dimon said a recession is one “likely outcome” of the turmoil tied to President Donald Trump’s tariffs.
  • In his annual shareholder letter released Monday, Dimon urged a quick resolution to uncertainties tied to the tariffs “because some of the negative effects increase cumulatively over time and would be hard to reverse.”
  • Trump announced the steepest tariffs in a century last week, including a 10% “baseline” charge for all exporters to the US and additional “reciprocal” rates on dozens of others that the administration identified as having high barriers to US goods.
  • Dimon said Wednesday that 'it is perfectly reasonable for someone to say that trade was unfair,' and that showing progress on trade deals is the best thing the Trump administration can do to calm markets.

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Bloomberg Quint

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EU Adopts Tariffs On €21 Billion Of US Goods In Metals Fight

  • EU member states voted to impose tariffs on around €21 billion of US goods in retaliation for US tariffs on EU steel and aluminum exports.
  • The EU tariffs will target products like soybeans, diamonds, poultry, and motorcycles, affecting politically sensitive American states.
  • The European Commission stated that the countermeasures can be suspended if the US agrees to a balanced negotiated outcome.
  • Most of the targeted goods will face a 25% tariff, while some categories will have 10% levies.
  • The EU's trade chief discussed potential trade engagement with US counterparts, but progress has been limited.
  • The EU is preparing countermeasures against the US reciprocal tariffs and aims to find a negotiated solution to the dispute.
  • The EU and US have been engaged in a trade dispute since 2018, with tariffs affecting steel, aluminum, and other goods.
  • The EU wants to avoid an escalation in the trade war and is ready to deploy retaliatory tariffs and target American services and technology companies.
  • This move highlights the unity among EU capitals in response to the escalating trade conflict with the US.
  • The EU hopes to reach a negotiated settlement, but challenges remain in engaging with the US administration on trade issues.

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Bloomberg Quint

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Heatwave Relief: These States To See Drop In Temperatures In Coming Few Days; Check Latest Weather Forecast

  • The ongoing heat wave conditions in northwest India are expected to ease from April 10, providing some relief to the people.
  • No significant change in maximum temperatures is expected over northwest India, Gujarat, and Maharashtra in the next 2 days, followed by a drop of 2-4 degrees Celsius over the following 4 days.
  • Central India will not experience any major change in maximum temperatures for the next 3 days, but a slight decrease of 2-3 degrees Celsius is expected during the subsequent 4 days.
  • Rainfall, thunderstorms, and lightning are likely to continue over east and northeast India till April 12, while heavy rainfall is expected in certain states.

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Bloomberg Quint

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JSW Energy Completes Acquisition Of 4.7 GW Renewable-Energy Platform From O2 Power

  • JSW Neo Energy Ltd., a subsidiary of JSW Energy, has completed the acquisition of a 4.7 GW renewable-energy platform from O2 Power.
  • The platform includes 4,100 MW of utility-scale and 596 MW of commercial and industrial renewable energy projects.
  • The acquired assets have 3,722 MW of capacity tied up under power purchase agreements and an additional 974 MW awaiting PPA signings.
  • JSW Energy plans to reach the full 4,696 MW capacity by June 2027, with an investment of approximately Rs 13,500 crore.

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Bloomberg Quint

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Wall Street Today: S&P 500, Dow Jones Edge Higher After Weak Open, Nasdaq Jumps 2%

  • The US stock market quickly erased opening losses to trade higher on Wednesday, with the Nasdaq Composite gaining over 2%.
  • The S&P 500 gained 1% to briefly reclaim the 5,000-mark, and the Dow Jones Industrial Average added 360 points or 0.9% to surge past 38,000.
  • Consumer discretionary, industrials, and information technology stocks on the S&P 500 gained the most. Real estate, energy, and healthcare sectors came under pressure.
  • China and the European Union announced retaliatory tariffs on American goods, adding fuel to the global trade war.

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Bloomberg Quint

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India Revokes Facility Allowing Bangladesh To Export Goods Via Land Customs Stations

  • The Indian government has revoked the transshipment facility that allowed Bangladesh to export cargo to third countries through Indian land customs stations.
  • Indian exporters, mainly from the apparel sector, had urged the government to withdraw this facility.
  • The facility allowed smooth trade flows for Bangladesh's exports to countries like Bhutan, Nepal, and Myanmar and was provided by India in June 2020.
  • The decision is expected to help Indian exporting sectors like apparel, footwear, and gems and jewellery, and creates concerns about constrained transit access for landlocked nations like Nepal and Bhutan trading with Bangladesh.

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Bloomberg Quint

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EU Trade Chief Discussed Parameters To Lower Tariffs With US

  • The EU and the US discussed 'parameters of possible engagement' to address the trade dispute triggered by US President Donald Trump.
  • Talks so far have yielded little progress and US officials don't appear to have a clear negotiating mandate from Trump yet.
  • The EU is working on a 'term sheet' for a potential agreement, which would set out areas for negotiations, including lowering its own duties, mutual investments, as well as easing certain regulations and standards.
  • European Commission President Ursula von der Leyen has made clear that her top priority is to negotiate a deal with the US that would lower or remove the tariffs.

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Economic Times

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Wearables brand Noise raises $20 million from Bose Corp

  • Wearables brand Noise has raised $20 million in funding from Bose Corporation.
  • This is the second round of funding for Noise, with Bose previously investing $10 million in 2023.
  • Noise reported a net loss of Rs 20 crore in FY24, while its operating revenue remained flat at Rs 1,430 crore.
  • Despite the slowdown in the wearable device market, Noise remains the market leader in the smartwatch category in India.

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Bloomberg Quint

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SEBI Forms High-Level Panel To Review Conflict of Interest Norms, Appoints Members

  • SEBI has formed a high-level panel to review conflict of interest norms for board members and officials.
  • The committee will be headed by former CVC chief, Pratyush Sinha, and will include members such as Uday Kotak and Injeti Srinivas.
  • The panel will review the existing framework, suggest enhancements, and recommend a recusal policy and norms for public disclosures.
  • The committee is expected to submit its recommendations within three months.

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Alleywatch

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HoneyHive Raises $7.4M to Help Companies Deploy Reliable AI Agents to Production with Piece of Mind

  • HoneyHive raises $7.4M in Seed funding to help companies deploy reliable AI agents to production environments with confidence.
  • The platform offers AI agent observability and evaluation, tracking decision journeys to reveal system weaknesses and enhance performance.
  • Investors in the funding rounds include Insight Partners, Zero Prime Ventures, and notable angel investors like Jordan Tigani and Savin Goyal.
  • HoneyHive's platform enables systematic evaluation of AI agents from development to deployment, focusing on OpenTelemetry standards for comprehensive visibility.
  • The company was inspired by the gap between AI prototypes and production-ready systems, aiming to provide a DevOps stack for AI workflows.
  • HoneyHive bridges the gap between development and production, offers enterprise-ready deployment options, and is built on OpenTelemetry standards.
  • Targeting organizations deploying AI applications, HoneyHive caters to startups and Fortune 100 enterprises, especially those with complex AI pipelines.
  • The business model includes usage-based pricing for different deployment options, focusing on delivering clear ROI for customers.
  • With a focus on customer value, capital efficiency, and expanding product capabilities, HoneyHive's near-term goals include scaling the team and product.
  • The company aims to help organizations bridge the gap between AI prototypes and reliable production systems, advancing evaluation and observability features.

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Bloomberg Quint

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Dixon Technologies To Set Up Rs 1,000-Crore Factory In Tamil Nadu

  • Dixon Technologies (India) Ltd. has signed an agreement with the Tamil Nadu government to establish a Rs 1,000-crore factory in Oragadam, near Chennai.
  • The factory will manufacture laptops and all-in-one personal computers, as well as provide electronic manufacturing services to companies.
  • The facility is expected to generate 5,000 jobs and will be located in the Indospace Industrial Park.
  • Dixon Technologies has been providing contract manufacturing services to various companies, including Samsung, Xiaomi, and Panasonic.

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Bloomberg Quint

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Q4 FY25 Results Preview: Navigating The Global Turmoil, Domestic Plays To Outperform, Projects Anand Rathi

  • Anand Rathi's top picks for Q4 FY25 results include Affle India, Arvind Fashions, Century Plyboards, Chalet Hotels, Zomato, ICICI Bank, Shree Cement, Zydus Wellness, and TBO Tek.
  • Anand Rathi believes that despite short-term uncertainty, long-term factors such as solid macroeconomic fundamentals, corporate earnings, domestic equity inflows, and attractive valuations offer a compelling outlook.
  • The Nifty50 is trading at a discount to its historical median, presenting opportunities for selective stock-picking.
  • NDTV Profit offers live TV, stock market updates, top business news, IPO updates, and latest news.

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