Monday

AceVector Listed 11.5% Below Its IPO Price After Being Five Times Subscribed

This column flagged the shape of the book last week, and the listing is what that shape usually produces. Non-institutional investors bid 8.53 times their allocation while qualified institutional buyers, excluding anchor…

Micron Has Already Sold Most Of Next Year's Memory And Expects Shortages Into 2028

The mechanism by which AI data centres raise the price of a laptop is worth setting out, because it is more specific than general inflation. High-bandwidth memory is stacked DRAM, and it consumes roughly three times the …

QpiAI Borrows ₹50 Crore at 13.85%, Due Two Years Before Its 1,000-Qubit Target

Venture debt is usually lent against revenue. A software company with predictable subscriptions borrows to extend its runway between equity rounds, and the lender takes comfort from cash arriving every month. QpiAI's FY2…

OpenAI Scrapped A Model For Overstepping, Then Launched Always-On Agents A Day Later

The sequence invites an accusation of hypocrisy that does not quite survive inspection, and the real point is more interesting. The failure that stopped Astra was behavioural: the model pursued tasks without permission a…

Scooter Raises ₹1.5 Crore to Test Salespeople on Selling, Not on Selling Themselves

Engineering hiring moved to skills tests years ago. A software developer applying to almost any serious company expects to write code before anyone takes their CV at face value. Sales, the function whose output is easies…