China orders Meta to unwind $2 billion buy of AI startup Manus
China's economic planner has blocked Meta's $2 billion acquisition of AI startup Manus, citing foreign investment restrictions.
Read on Economic Times Tech →RateGain Travel Technologies, an Indian company, won the Emerging Company of the Year award, driven by its AI-powered growth in the travel tech sector.
Why it matters
This article demonstrates how AI is a key driver for growth and success in traditional industries like travel technology. RateGain's win signifies the tangible business impact of AI adoption, showcasing its ability to enhance operational efficiency, data utilization, and ultimately, profitability for companies, especially in a competitive post-pandemic market.
A travel technology company called RateGain used AI to grow its business a lot. Because of this AI-powered growth, they won an award for being the best new company.
China's economic planner has blocked Meta's $2 billion acquisition of AI startup Manus, citing foreign investment restrictions.
Read on Economic Times Tech →Digital platforms and brands are increasingly building their own AI-led digital storefronts, as highlighted by Lalit Keshre's recent ET Awards win.
Read on Economic Times Tech →LTM CEO Venu Lambu discusses pricing pressures and market evolution, emphasizing AI as a key driver for growth and revenue doubling, with the company restructuring to include a dedicated business AI unit.
Read on Economic Times Tech →