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24.07.26 - 14:36
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Sensex down 900 points, Nifty50 ends below 23,800: Why stock market crashed today (Times of India)
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Indian stock markets closed lower for a fifth consecutive session on Friday. Rising oil prices and Middle East tensions fueled investor caution and market pressure. Foreign institutional investors continued their selling trend, impacting market sentiment negatively. Renewed concerns over US trade tariffs also contributed to the overall market decline. Selling in heavyweight stocks like Infosys and HDFC Bank added to the day's losses....
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24.06.26 - 15:03
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Hang Ten Systems Raises $32 Million to Help Enterprises Succeed With AI (Business Wire)
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PALO ALTO, Calif.--(BUSINESS WIRE)--Hang Ten Systems, an enterprise AI services company, has raised $32 million in seed funding. The round will support Hang Ten in building its team and expanding its work with global enterprises.
The company is led by Dr. Vishal Sikka, Co-founder and CEO, formerly CEO of Infosys and Executive Board Member at SAP in charge of all products and technology. Hang Ten helps large enterprises adopt AI to produce real results. Today, very few enterprises can use AI to significant advantage; most are not, and indeed they take on cost and risk without the benefit. Hang Ten exists to close this gap.
Hang Ten's focus is on software that runs the business. Generative AI is displacing the traditional model of bending commercial off-the-shelf software (COTS) to enterprise needs via configuration, customization, integration, and testing. AI code generation has materially cut the marginal cost and timeframe for building advanced enterprise capabilities. Hang Ten offers a different operat...
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