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PRIVATE INVESTMENT IN AI
European Union aims for seven AI gigafactories with €10 billion plan in race with US, ChinaThe European Union will fund seven artificial intelligence gigafactories across the bloc. This initiative aims to close the technology gap ...- Moonshot AI closes $3.5 billion funding round to hit $35 billion valuationThe Beijing-based startup managed to secure far more than the $1 billion to $2 billion it initially targeted, people familiar with the matt...
- Brookfield bets on grid-ready Indian states for green investmentBrookfield Asset Management plans to focus new renewable energy investments in southern India, citing stronger transmission networks and lo...
- Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: WSJThe power for the project is controlled by the US government and funded separately by Japan under a recent trade deal, with US Commerce S...
- HSBC to hire 100 AI specialists, 100 wealth managers in boost to Singapore hubHSBC plans to hire more than 200 professionals in Singapore, including AI specialists and wealth managers, as part of its strategy to expan...
- ET Exclusive: Tata Sons reported a 22% increase in annual profit for the year ended March 26Tata Sons reported a 22% rise in FY26 standalone profit to ₹31,961 crore, driven by investment gains and stronger portfolio earnings. Chair...
- MFs push back on Zepto valuation; PEs take AI betsHappy Monday! Zepto's IPO pricing expectation has run into resistance from top mutual funds. This and more in today's ETtech Morning Dispat...
- Private equity investors shift tech bets from IT services to AI startupsBankers and investors told ET that interest is expanding beyond capital-intensive AI infrastructure to applications that automate business ...
- ETMarkets AIF Talk | Next-generation entrepreneurs will create India's biggest wealth opportunities: Hiren VedIndia's next wealth creation wave will emerge from new entrepreneurs in strategic sectors. These founders leverage advanced technologies to...
- Klassroom bets on AI tutor, regional content as it prepares for SME IPOThe Mumbai-based company, which has filed draft papers for a BSE SME IPO, plans to use the fresh issue proceeds to strengthen its AI/ML tec...
- HCLTech to invest $1.48 billion in AI data center, open 5,000-seat tech hubHCLTech will invest $1.48 billion to set up its first AI data centre in Odisha with Sarvam AI, as Indian IT firms expand into AI infrastruc...
- HCLTech to set up Rs 14,257 crore AI data centre in Odisha with SarvamHCLTech will establish its first AI Data Center in Odisha. This significant project involves a capital outlay of Rs 14,257 crores. The init...
- Who is funding America's widening debt with the rest of the world?Foreign capital is flowing into Wall Street due to the AI revolution. This influx is increasing scrutiny on America's persistent external d...
- Databricks expands Microsoft Azure partnership, to use more custom chipsDatabricks will extend its Microsoft partnership through the 2030s. The company will increase its use of the Azure platform and Microsoft's...
- AI-led boom in IPOs raises concerns about a bustThis has been a banner year for stock listings, thanks largely to AI firms, but the massive size of the operations raises questions about w...
- ServiceNow invests $40 million in Businessnext at $700 million valuationGlobal tech firm ServiceNow has invested $40 million in Businessnext. This funding round values Businessnext at seven hundred million dolla...
- Global Market: CXMT's blockbuster IPO rewards Hefei's decade-long semiconductor investmentChina's largest memory chipmaker, ChangXin Memory Technologies (CXMT), is set to debut on the Shanghai Stock Exchange after raising $8.6 bi...
- A look at billionaire Adani's businesses as he weighs starting an airlineGautam Adani's conglomerate is exploring a new airline venture. The group already operates eight airports across India. Adani Ports manages...
- Temasek doubles down on India; sees long-term opportunities in family businessesTemasek International sees family businesses opening to investors as a major market shift. Generational transitions create attractive long-...
- AI could lift Sub-Saharan Africa economy 4% if power, internet improve, IMF saysAs countries and companies race to secure AI's economic benefits, investment in data centres, energy infrastructure and digital networks ...
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