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SpaceX merger provides lifeline for Elon Musk’s debt-ridden AI startupThe company, which owns Musk’s AI startup and the social network X, is saddled with billions of dollars in debt, besieged by well-funded ri...
US stock market slips again today: Why Dow, S&P 500 and Nasdaq are down for a second straight day as gold and silver prices surgeUS stock market slips again today. Dow, S&P 500 and Nasdaq are down for a second straight day. The Dow Jones Industrial Average slipped 83....
Rare earths producers look to US-led boom to blunt China’s powerGovernments are investing to build a non-China supply chain. This effort aims to ensure stable supplies for critical industries.
India IPO volumes likely to double from 2024 levels: Goldman Sachs' Iain DraytonPace at which PEs are leaning into India, Japan and ANZ is striking, said top Asian dealmaker. Global capital according to him is truly div...
Asian IPOs set for blockbuster week as ‘Animal Spirits’ returnAsia's stock markets are about to witness the busiest week of public offerings in over two years. Around 20 companies will list shares, aim...
SoftBank sells off Vision Fund assets as Son pivots to AI, chipsSoftBank is shifting focus to AI and semiconductors, while its Vision Fund is selling stakes or writing down billions of dollars worth of i...
Apart from Facebook, who else is building the metaverse?The metaverse broadly refers to the idea of a shared virtual platform that people can access through different devices.
Who's building the metaverse?Well before Facebook CEO Mark Zuckerberg's splashy demos featuring giant robots and digital time travels to ancient Rome, dozens of compani...
Where NASA will send its first robotic Moon rover to search for iceVIPER will land near the moon’s south pole, at the western edge of the 45-mile-wide Nobile crater, which formed when something hit the moon.
PlayStation inventor starts new career making robots for no payKen Kutaragi has a track record of solving difficult technical and business problems. He started his career at Sony in the 70s, working on ...
Coronavirus will finally give artificial intelligence its momentPandemic lockdowns have affected consumer behavior in ways that will spur AI’s growth and development. As consumers buy more online to avoi...
From investments in Tencent to Zoom, Hillhouse founder Lei Zhang is one of the world’s richest financiersZhang met with Zoom’s Yuan in Menlo Park, California, before an early funding round in February 2015. Yuan explained the business and his e...
Backed by SoftBank, Herman Narula’s Improbable is struggling to revolutionize gaming industryImprobable has set up studios and bought Midwinter Entertainment, a Washington state-based SpatialOS developer, in September. No games are ...
Modi’s thumping win likely to perk up hiring sentimentSectors which could see the most number of openings are infra, transport, defence, FMCG, automobile and IT.
Louis Vuitton goes digital, turns to Facebook Bot to chat with customersLV's virtual adviser can help you pull up catwalk shows, learn about the brand's history, and give tips for product maintenance.
World's first AI-run global ETF makes its own managers nervousAI-run portfolio manager will never be able to explain why it made a particular decision.
Sanjiv Singh’s drone startup Near Earth Autonomy raises funding from BoeingWhile automakers have been investing in or acquiring autonomous driving startups, a similar pattern has started to emerging in aerospace.
Great Indian Festival: Amazon preps for a heated race as India's holiday sales kick offAmazon's newest warehouse in India offers a view into its ramp-up in this crucial market ahead of the festival sale battle with main rival ...
ET Recommendations: Get LG Tone Active+ for Rs 12,000What makes the game more fun are the tracks: reminiscent of the orange plastic Hot Wheels tracks, the game tracks circle buildings, islands...
- We expect to touch $6 billion in 3 years: Shiv Nadar, HCL Tech
As of now, $200 mn is becoming $3 bn and the number of people standing around 70K. So the challenge in the next 3 years will be to touch $6...