AI (Artificial Intelligence)

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AI News Weekly – Issue #460: – Jan 20th 2026

Welcome 2026 the year of Action? 2026 marks the end of the “Hype Phase” and the start of the “Physical Phase.” The narrative has shifted aggressively from what AI can say (Generative) to what AI can do (Agentic). We are witnessing a massive capital pivot toward the “Physical Layer”—chips, energy, and robotics—while software is being […]

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Fintech Forecast: Momentum Builds With Big Deals, IPO-Ready Companies And More AI

Global venture funding to fintech and financial services startups last year rose 27% to total $51.8 billion, again topping pre-pandemic levels, per Crunchbase data, despite fewer funding deals. On the heels of that momentum, investors in the space say they expect funding growth in 2026 to continue to concentrate into pre-IPO companies, for M&A to

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Persistent Extends Growth Run to 23 Quarters, Profit Slips 7% QoQ

Persistent Systems has reported a 6.8% quarter on quarter decline in consolidated net profit to ₹439.45 crore for the December quarter, even as revenue rose 5.5% sequentially and 23.4% year on year to ₹3,778.21 crore. Constant currency revenue growth stood at 4.1% QoQ and 17.3% YoY. The company’s EBIT margin came in at 14.4%, weighed

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San Francisco AI Startup Emergent Secures $70 Mn Series B Funding to Grow Its Team

San Francisco-based AI startup Emergent has secured $70 million in Series B funding from Khosla Ventures and SoftBank Vision Fund 2, along with contributions from Prosus, Lightspeed, Together, and Y Combinator. Since its launch seven months ago, Emergent has raised $100 million in funding. The company has over 5 million users across more than 190

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