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ETtech Explainer: OpenAI is halving inference cost and what this meansOpenAI has reportedly halved its AI inference costs through significant optimizations, a crucial development amid rising AI development exp...- Oaktree-backed ITG jumps in Nasdaq debut, signaling strong AI infrastructure demandThe debut adds to signs that investor appetite for companies supporting the AI buildout remains robust, as hyperscalers and technology fir...
- Uber-backed Lime rides IPO wave to $1.73 billion valuation in Nasdaq debutThe market for new listings has regained momentum after a bout of volatility triggered by the Iran conflict, with companies reviving IPO p...
- Uber-backed Lime rides IPO wave to $1.73 billion valuation in Nasdaq debutUber-backed Lime jumped 8% in its Nasdaq debut, valuing the e-scooter and bike rental company at $1.73 billion. The IPO reflects renewed in...
- Wayve courts automakers with AI driving system that learns like humansWayve, a London-based innovator, is transforming the landscape of autonomous driving with its cutting-edge AI-driven machine learning frame...
- Karnataka HC judge recuses from hearing gig worker welfare law petitionsJustice Suraj Govindaraj recused himself from hearing petitions challenging Karnataka's gig worker law due to a potential conflict of inter...
- Autonomous driving firm Autobrains eyes robotaxi growth in Europe, CEO saysAutobrains, which is based in Tel Aviv and has an office in Munich, is developing lower-cost autonomous driving technology built around so...
- Platforms, IAMAI move Karnataka HC against gig workers welfare lawThe petitions come after the state government did not respond to IAMAI's request to defer the levy of the gig workers' welfare fee until th...
- Cheaper AI is better: Soaring bills are reshaping how businesses choose modelsTop executives such as Microsoft's Satya Nadella, Palo Alto Networks' Nikesh Arora and Coinbase Global's Brian Armstrong have said smaller,...
- China's Momenta kicks off Hong Kong IPO, targets up to $751 millionThe IPO comes as Chinese technology firms are returning to public markets, helped by investor demand for companies tied to AI, chips and au...
- Gen Z vs Indian parents: Should today's youth struggle just because their parents had to? Man questions 'romanticizing poverty' attitudeA viral X post has sparked a conversation about whether Gen Z should be expected to face the same struggles as previous generations. The po...
- Uber India head Prabhjeet Singh quits, to join as OpenAI MDUber India's head, Prabhjeet Singh, is departing after an 11-year tenure to join OpenAI as its India MD. Singh, led Uber's significant grow...
- Uber India head ends trip; Amazon CEO on India opportunityUber's India head Prabhjeet Singh has stepped down after 11 years at the platform. This and more in today's ETtech Top 5.
- Adani Group to enter nuclear power, targets 10 GW by 2035Gautam Adani revealed ambitious expansion plans, including a 10 GW nuclear power venture by 2035 under Adani Atomic Energy. The conglomerat...
- From coffee to booze: Rafael Oliveira, the new boss of HeinekenHeineken has appointed Rafael Oliveira as its new CEO, marking the first external hire for the top role. Oliveira, previously CEO of JDE Pe...
- Uber board sued over alleged 'serial' compliance failures, sexual abuse lawsuitsIn a complaint filed in San Francisco federal court, shareholders led by a Detroit pension fund said board members ignored repeated inter...
- US stocks: Uber-backed Lime seeks up to $1.66 billion valuation in US IPOElectric bike and scooter operator Lime is aiming for a valuation of up to $1.66 billion in its US IPO, seeking to raise over $180 million....
- US stocks: Miner Sinda kicks off US IPO roadshow with $1.97 billion valuation targetSilver miner Sinda has launched its US IPO, aiming for a valuation up to $1.97 billion and seeking to raise $235.2 million. This debut adds...
- US stocks: Oaktree-backed ITG targets $2.7 billion valuation in US IPODigital infrastructure firm ITG is aiming for a valuation of up to $2.67 billion in its US stock market debut, seeking to raise as much as ...
- Turkish competition board approves Uber acquisition of Getir delivery business"The commitment by Uber Technologies Inc. to invest a total of US$500 million in Turkey is expected to support high-quality employment, s...
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