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US TAKES STAKE IN QUANTUM FIRMS
Hyundai to buy SoftBank's remaining stake in Boston Dynamics for $325 million: Media reportHyundai Motor is expected to convene a board meeting on June 22 to approve the purchase, the newspaper said, citing unnamed industry sourc...
Data centres, AI infra become IT's next growth betIndia's software services industry is finding new growth in data centers and AI. Companies like HCLTech, TCS, Accenture, and Cognizant are ...
Accenture cuts revenue outlook, stock crashes 17%Accenture has lowered its annual revenue growth forecast. Companies are still cautious about spending on technology. This is happening even...
Bernie Sanders pushes 50%t public stake in AI giants, $1,000 dividend payout to every AmericanSenator Bernie Sanders has introduced legislation proposing a 50% public ownership stake in major US AI companies through a one-time stock ...
Scientists just found quantum entanglement in a crystal you can see with the naked eyeQuantum entanglement is often described as one of nature’s strangest secrets. Now, scientists have found it inside a crystal large enough t...
Accenture to take majority stake, acquire cybersecurity firms in $4.18 billion dealAccenture announced a significant acquisition spree, agreeing to purchase a majority stake in Dragos and fully acquire runZero and NetRise ...
What is quantum entanglement? Scientists detect the phenomenon in a crystal large enough to holdQuantum entanglement: Scientists have detected quantum entanglement in a centimeter-sized crystal. This material, known as a strange metal,...
FILA Group sells 7% stake in DOMS Industries for Rs 934 croreItalian multinational FILA Group has sold a 7 percent stake in DOMS Industries for Rs 934 crore. SBI Mutual Fund and Axis Mutual Fund have ...
KKR eyes at least $1 billion stake in Medicover's India hospital arm, source saysGlobal investment firm KKR is in advanced discussions to acquire a significant stake in Medicover's Indian hospital operations. The deal is...
Quantum tech firm EigenQ to go public in $3 billion SPAC dealQuantum tech firm EigenQ is set to go public through a merger with Silicon Valley Acquisition. The deal values EigenQ at approximately $3 b...
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 awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materialsAmerica is investing heavily in its chip industry. The US government has given a massive $500 million to SandboxAQ. This company will devel...
Cloudnine's 25% stake sale attracts top global PE firmsLeading global private equity firms are in the running to acquire a substantial minority stake in Cloudnine, India's premier maternity and ...
India pitches quantum computing collaboration with Russia under national missionIndia is looking to partner with Russia on quantum computing. This collaboration is part of India's ambitious National Quantum Mission. The...
Quote of the Day from Science's Most Famous Rivals Einstein and Bohr: “Einstein challenged the universe to remain logical; Bohr challenged humanity to accept its mysteries. Their rivalry didn't...” What timeless lesson does their rivalry teach about innovation, discovery, intellectual courage, and the power of challenging ideas to advance human knowledge?Quote of the day from Einstein and Bohr reveals a powerful truth about science, curiosity, and human thinking. Their legendary rivalry in q...
Donald Trump says his team will 'look into' US taking stake in AI companiesDigital news outlet NOTUS reported on Thursday that senior U.S. officials held preliminary discussions with AI companies about the potentia...
US officials eye government stakes in AI companies, NOTUS reportsWhile the planning is ongoing and details are in flux, discussions have centered on having the firms voluntarily cede the shares to the go...
Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats upThe listing is the latest test of investor appetite for quantum computing companies, as breakthroughs in the technology spur bets that qu...
US IPO: Honeywell Quantinuum targets valuation of over $14 billion. Should you buy?Quantinuum's revised IPO terms comes on the heels of the U.S. government unveiling plans last month to take $2 billion in equity stakes acr...
Honeywell's Quantinuum eyes $14.3 billion valuation in upsized US IPOThe Broomfield, Colorado-based company is now seeking up to $1.46 billion by marketing 26.5 million shares priced between $53 and $55 apiec...