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Motilal Oswal The Nifty Microcap 250 Index Fund, which resembles the Nifty Microcap 250 Index, is meant to assess the performance of the top 250 firms, omitting those that already make up the Nifty 500 members.
Lumikai is a venture capital (VC) firm which supports gaming and interactive media firms. It announced the launch of its second fund, on Thursday, targeting a $50 million corpus from global investors.
According to reports, Google and Anthropic declined to comment on the investment, but they did announce a collaboration in which Anthropic will employ Google's cloud computing capabilities. The agreement is the latest collaboration between a tech behemoth and an AI startup, as the area of generative AI technology that can produce text and art in seconds heats up.