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Alphabet's SpaceX bet grows 100-fold over a decade to $94 billionAlphabet has emerged as by far the largest single institutional holder of SpaceX following its $86 billion IPO in June, according to a Reut...- GalaxEye acquires StarOps, looks to strengthen satellite engineering after Drishti setbackInfosys-backed GalaxEye has successfully acquired StarOps, enhancing its satellite development capabilities. With roots in TeamIndus, India...
- US stocks: SpaceX quarterly revenue surges in debut results on strong growth in its Starlink businessSpaceX has announced an impressive 92% increase in revenue for the latest quarter, primarily fueled by the growth of Starlink and its AI in...
- Meta misses profit expectations, sticks to massive AI spendingThe Facebook and Instagram parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 bill...
- Deeptech startups to ride on Skyroot’s success; likely to fuel VC fundingSkyroot Aerospace's successful launch will significantly boost India's private spacetech sector and is expected to increase capital flow an...
- India's private space industry shoots for the starsPrivate companies are reshaping India's space ambitions, building rockets and satellites as the country pushes to capture a bigger share of...
- Pawan Kumar Chandana: Meet India's Elon Musk, the Skyroot CEO who once scored 50 in maths and has now sent Vikram-1 into spacePawan Kumar Chandana (Google Trends): Skyroot Aerospace CEO and co-founder Pawan Kumar Chandana, a child who was once bad at maths, is now ...
- Global Market: ASML's AI-fuelled rally raises prospects of becoming Europe's first trillion-dollar companyThe artificial intelligence boom has propelled Dutch chip equipment maker ASML to become Europe's most valuable listed technology company, ...
- Could AI chip boom make ASML Europe's first trillion-dollar firm?After blowout second quarter earnings, investors and analysts are asking a once far-fetched question: could ASML become Europe's first ever...
- Global Market: AI-driven chip rally stumbles as investors question lofty valuations after sharp selloffGlobal artificial intelligence stock rallies experienced a sharp setback last week. Investors are now reassessing expectations surrounding ...
- Elon Musk's SpaceX in talks to supply the Pentagon with computing power: ReportAccording to the report, SpaceX employees have discussed plans to compete more directly with neocloud firms such as CoreWeave by selling co...
- Chipmakers and other high-flying stocks slide as AI trade wobblesAs July commenced, global tech stocks faced a notable decline, predominantly driven by chip shares. This drop indicates investor profit-tak...
- Indian spacetech industry shoots for the starsPrivate companies are reshaping India's space ambitions, building rockets and satellites as the country pushes to capture a bigger share of...
- Stocks priced for ‘sunshine and rainbows’ now face earnings testWall Street enters the second-quarter earnings season with expectations near record highs, leaving companies with little room for disappoin...
- SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceSpaceX's current value stems from building essential AI infrastructure on Earth. The company is generating significant revenue from terrest...
- SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceInfrastructure providers, particularly data centers, are poised to be among the biggest beneficiaries of the AI boom as businesses and cons...
- In a big sovereignty push, Google Cloud to host its latest AI models in India: Global chief Thomas KurianGoogle Cloud, which has an annual revenue run rate nearing $80 billion, is establishing a specialised hub of “forward deployed engineers” i...
- South Korea's SK Hynix slides over 5% ahead of $29 billion Wall Street debutSouth Korea's SK Hynix is poised for a massive US listing, aiming to raise around $29 billion to capitalize on booming AI demand. Despite a...
- South Korea's SK Hynix to launch $28 billion US listing to ride global AI waveThe company will sell 17.79 million new shares in the depository receipt listing on the Nasdaq, making it one of the world's most valuabl...
- Meta stock: Why are Facebook, Instagram, WhatsApp shares are rising today at U. S Stock Market?Meta has poured hundreds of billions of dollars into data centers and AI chips.
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