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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...
INTC soars 51% in April, adds $100 billion – what's driving Intel stock rally and why analysts are cautiousINTC stock analysis: Intel stock has surged 51% in eight sessions, adding over $100 billion in market value, driven by a $14.2 billion plan...