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AI drug discovery startup Chai Discovery raised a $70M Series A led by Menlo Ventures via its co-investment vehicle with Anthropic, valuing it at ~$550M (George Hammond/Financial Times)

George Hammond / Financial Times : AI drug discovery startup Chai Discovery raised a $70M Series A led by Menlo Ventures via its co-inves...

5 August 2025

India's IT giants face revenue erosion from challenges including corporations establishing their own global capability centers in the country and the rise of AI (Manish Singh/India Dispatch)

Manish Singh / India Dispatch:
India's IT giants face revenue erosion from challenges including corporations establishing their own global capability centers in the country and the rise of AI  —  When everyone wants their own Bangalore  —  The Indian IT sector has operated for decades under the dominance of major firms TCS, Infosys, Wipro, and HCLT.

Posted from: this blog via Microsoft Power Automate.

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