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ALPHABET INC MANUFACTURING SHIFT
OpenAI unveils custom chip it designed with Broadcom to boost its AI infrastructureOpenAI has unveiled its first custom AI chip, Jalapeno, developed with Broadcom to boost its infrastructure. This move aims to overcome com...
Meta makes a $900 million super-app move in IndiaCred founder Kunal Shah, a philosophy graduate, built his platform on exclusivity for high credit scorers, now processing over 40% of India...
Raymond Lifestyle looking to capture UK fashion market via FTA: Chairman Gautam Hari SinghaniaRaymond is gearing up for a significant global expansion, with Executive Chairman Gautam Hari Singhania highlighting the UK-India Free Trad...
Kunal Shah's WhatsApp appointment underscores India's expanding Big Tech footprintKunal Shah, CRED founder, is set to lead WhatsApp globally, joining a distinguished line of Indian-origin tech leaders. This appointment hi...
Will AI talent departures hurt Alphabet's long-term growth?Alphabet shares fell sharply after Google DeepMind lost top AI researchers, including John Jumper to Anthropic, sparking investor concerns ...
UK considers forcing social media firms to prioritise trusted newsThe culture department said on Monday it was considering requiring platforms such as Meta's Facebook, Alphabet-owned YouTube and TikTok to ...
Jio and NSE mega IPOs will test jittery retail investorsIndia anticipates two massive IPOs: the National Stock Exchange and Mukesh Ambani's Jio Platforms. Local investor sentiment is crucial, esp...
Global Market Today: Asian stocks dip at open as oil edges higherAsian markets opened lower as oil prices inched up, with investors closely monitoring US-Iran peace talks. Despite positive initial reports...
Google DeepMind signs AI research deal with film studio A24Google DeepMind, a leader in artificial intelligence, is now joining forces with celebrated indie studio A24 to delve into the effects of A...
Japan's NIFCO leases 5.13-acre plot in Maharashtra for manufacturing plantNIFCO India is expanding its manufacturing capabilities with a new 5.13-acre plant in Shendra MIDC, Chhatrapati Sambhaji Nagar. This marks ...
Architect Labs raises $24 million to take on Broadcom, Marvell custom chip businessThe company plans to target chip companies to help accelerate the design process but also software companies that could use custom chips t...
Will Jio IPO finally get a date today? What to expect from Mukesh Ambani at RIL AGMReliance Industries shareholders eagerly await Mukesh Ambani's address at the 49th AGM, seeking a definitive Jio IPO date as the company's ...
Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
Global Market Today: Asian stocks hit record highs, oil heads for weekly lossAsian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflati...
Amazon in talks to sell custom AI chips in bid to cut Nvidia’s dominanceAmazon is planning to sell its custom artificial intelligence chips to other companies. This move aims to compete with Nvidia's strong hold...
SpaceX bankers prepare for bond sale of at least $20 billionSpaceX is preparing to discuss a massive bond offering with investors. The company plans to raise at least $20 billion. This move follows i...
War, oil and El Nino: Triple threat may cut India Inc's profit margins by 150 bpsIndia Inc faces challenges ahead. Geopolitical tensions in West Asia and El Nino conditions may hurt company profits. Operating profit marg...
Architect Labs raises $24 million to take on Broadcom, Marvell custom chip businessArchitect Labs has secured $24 million in seed funding. The company will leverage artificial intelligence to accelerate and simplify the de...
Allbirds rebrands as Smartbird in AI pivot, hires former AWS executive as CEOAllbirds is now Smartbird. The company has a new president and CEO, Nadia Carlsten. Smartbird is shifting focus to AI infrastructure and cl...
US stocks: Nvidia’s jumbo bond sale draws $85 billion of investor demandNvidia has secured approximately $85 billion in orders for its substantial debt offering, seeking to raise at least $20 billion. This immen...