Tech-The Economic Times - Seite 4 
AI music startup Tringbox raises Rs 5 crore in seed funding
Tringbox, a Mumbai-based AI music technology startup, has secured Rs 5 crore in seed funding. This capital will fuel product and AI development, enhance technology infrastructure, and expand their music catalogue. The company plans to scale its intelligent speaker network and deploy across premium venues nationwide. Funds will also support hiring in key roles and business development initiatives.
L'Oréal announced on Thursday that it would acquire a majority stake in Innovist. While the companies did not disclose financial details, people familiar with the transaction told ET that the deal values the Gurugram-based startup at around Rs 4,100 crore.
L’Oréal acquires Innovist in big D2C deal; Dhan’s FY26 profit shrinks
L’Oréal has bought Innovist to claw back momentum in India’s hyper-competitive beauty market. This and more in today’s ETtech Top 5.
Mistral AI CEO Arthur Mensch discusses sovereign AI partnership with PM Modi
During a pivotal encounter in Paris, Mistral AI's CEO, Arthur Mensch, sat down with Prime Minister Narendra Modi to explore the future of artificial intelligence. With a shared vision of accessibility at the forefront, they delved into the concept of sovereign AI development.
Manus original investors plan to buy back AI firm from Meta for $2 billion: The Information
Chinese investors are set to repurchase AI firm Manus from Meta. The deal is valued at two billion dollars. This move follows a directive from the Chinese government to undo the original sale. Early backers are initiating the buyback process.