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Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...- PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
- SoftBank overtakes Toyota as Japan's most valuable company on AI boomSoftBank Group has become Japan's most valuable company, surpassing Toyota Motor. This shift highlights investor excitement for artificial ...
- Tech jobs go cold; Chip startups shift gearIndia’s tech hiring has fallen to its lowest level in more than two years. This and more in today's ETtech Top 5.
- SoftBank set to dethrone Toyota as Japan’s most valuable companyShares of the Masayoshi Son-led technology group climbed as much as 10% in Tokyo trading Monday, as AI-related shares climbed across the re...
- SoftBank to invest €75 billion in 5 GW French AI centresSoftBank Group is set to invest up to $87 billion in France to build 5 gigawatts of AI data center capacity, aiming to establish the countr...
- Swiggy CEO Sriharsha Majety vows to stay out of Amazon-Ambani spending warSwiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive...
- SoftBank group shares surge almost 20% on OpenAI, SB Energy IPOsSoftBank Group stocks have surged significantly. This rise follows reports that two SoftBank-backed companies, OpenAI and SB Energy, are pr...
- Global Markets | Japan's Nikkei ends near three-week low as AI-stock selloff weighsJapan's Nikkei share average closed at a near three-week low, with SoftBank Group leading the decline, as investors locked in profits on AI...
- Global Markets | Japan's Nikkei falls from record as inflation, interest rate concerns mountTech shares helped Wall Street indexes notch record closing levels overnight, and gains by Japanese companies linked to the artificial inte...
- SoftBank profit more than triples to $12 billion on OpenAI stake gainsTechnology investor SoftBank Group reported a net profit of 1.9 trillion yen ($12.05 billion) for the January-March quarter, a significant ...
- Global Markets | Japan's Nikkei ends higher as AI-related shares riseBut Tokyo Electron gave up early losses to end 0.14% higher. Advantest, which fell as much 1.5%, recovered most of its loss to edge 0.26% ...
- Softbank's Son weighs up to $100 billion investment in France: Bloomberg NewsSoftbank's Son weighs up to $100 billion investment in France, Bloomberg News reports
- SoftBank explores homegrown AI servers with Nvidia, Foxconn: ReportSoftBank is exploring plans to manufacture artificial intelligence servers within Japan. The company is in talks with chip giant Nvidia and...
- OpenAI finalises $10 billion joint venture with PE firms to deploy AIOpenAI has launched a new venture, The Deployment Company. It has secured over $4 billion from 19 investors. This company will focus on hel...
- Global Markets | Japan's Nikkei rises on tech rally, stronger yen lifts JGBsJapan's Nikkei share average edged higher on Friday, helped by gains in a small group of technology stocks, while the yen's rally helped go...
- SoftBank lenders ask more banks to join $40 billion OpenAI loanSoftBank is seeking additional banks to join a $40 billion loan backing its OpenAI investment, a significant test of investor confidence in...
- Intel’s $100 billion April rally makes it market’s hottest stockIntel has emerged as one of the hottest S&P 500 stocks, adding over $100 billion in market value during a nine-day, 53% rally. A string of ...
- Global Markets | Japan's Nikkei rallies to six-week high as oil prices ease on Iran talks optimismJapanese stocks surged to a multi-month high as hopes for an end to the Iran conflict boosted market sentiment. Oil prices dipped on optimi...
- SoftBank sinks 10% — did selling Nvidia to fund a cash furnace just backfire big?SoftBank’s shares fell 10% after it sold all its Nvidia stock to fund new AI projects. The company is betting big on artificial intelligenc...
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