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Amazon's $35 billion India top-up; Meesho investors hit jackpotAmazon is doubling down on its long-term plans in India. This and more in today's ETtech Top 5.- Plant-based nutrition brand Earthful raises $2.8 million from Fireside Ventures, othersEarthful has raised Rs 26 crore (about $2.8 million) in a funding round led by Fireside Ventures and V3 Ventures, with Atrium Angels partic...
- Kalshi’s cofounder, who once endured brutal ballet training, now snatches Taylor Swift’s title as world’s youngest self-made woman billionaireLuana Lopes Lara, a former ballerina, is now the world's youngest self-made woman billionaire. She cofounded Kalshi, a prediction market st...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Talen Energy shares surge 17% on $3.5 billion gas-fired power plant dealsShares of Talen Energy jumped more than 15% on Friday in premarket trading, a day after the power producer announced deals worth $3.5 billi...
- Talen Energy and Amazon sign nuclear power deal to fuel data centersTalen Energy will supply up to 1,920 MW of nuclear power to Amazon Web Services through 2042, ensuring clean energy for AWS's AI and cloud ...
- Big Tech wants to plug data centres right into power plants; Utilities say it's not fairTech companies' actions are raising questions about whether prioritising higher-paying customers will leave enough power for others, and wh...
- US regulators reject amended interconnect agreement for Amazon data centerMembers of the Federal Energy Regulatory Commission said the agreement to increase the capacity of the data center located on the site of T...
- Three Mile Island nuclear plant gears up for Big Tech rebootThree Mile Island nuclear plant in Pennsylvania will be restarted by Constellation Energy to provide power for Microsoft's data centers by ...
- US nuclear plants won't power up Big Tech's AI ambitions right awayTech companies are scrambling to meet a surge in energy demand from data centers to power generative AI. But tapping the nuclear system inv...
- AI may breathe new life into Three Mile Island to supply power to Microsoft's data centersThe plan to restart Three Mile Island's Unit 1 comes amid something of a renaissance for nuclear power, as policymakers are increasingly lo...
- How ‘Just-in-Time’ manufacturing is reasserting itself globallyIn most industries worldwide outside of aerospace manufacturing, the supply chains are almost back to normal and their conditions are furth...
- Apple built its empire with China. Now its foundation is showing cracksA recent outbreak of coronavirus cases in the region surrounding Apple's largest iPhone factory, in Zhengzhou, in central China, prompted l...
- Apple built its empire with China. As cracks emerge, can India step in?In a bid to limit its exposure to China, Apple began manufacturing a small percentage of its newest iPhones in India. It would be difficult...
- Carmakers feel chip crisis easing as global growth slowsThe breakthrough comes earlier than the companies predicted and marks a bright spot for an industry facing a deteriorating economy and infl...
- Wait times for chips grow again in March as shortages drag onThe global shortage of semiconductors began in the first half of 2020, driven by pandemic-fueled demand for consumer technology and vehicle...
- Intel Corp.'s ‘stunning failure’ heralds end of era for United States chip sectorAfter Chief Executive Officer Bob Swan said Intel is considering outsourcing, the company’s shares slumped 16% on Friday, the most since Ma...
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