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WAYMO EQUITY RAISE
Alphabet's Waymo secures $5 billion term loan to accelerate expansionPIMCO, Blackstone and Sixth Street participated as lead syndicated lenders, while Capital Group, Loomis Sayles and T. Rowe Price were signi...- MFs push back on Zepto valuation; PEs take AI betsHappy Monday! Zepto's IPO pricing expectation has run into resistance from top mutual funds. This and more in today's ETtech Morning Dispat...
- CarDekho joins IPO queue; Tech’s quiet job cutsHappy Thursday! CarDekho is finally hitting the accelerator on its long-planned IPO. This and more in today’s ETtech Morning Dispatch.
- Google stock in focus as Russell investments cuts Alphabet stake by 2.5% but still holds $1.38 billionAlphabet stock is in focus after a major investment firm slightly reduced its holdings in the company. Even after the sale, the firm still ...
- From Scale AI to Meta’s AI boss: Who is Alexandr Wang, the 28-year-old MIT dropout gunning for OpenAI?Meta has struck a $15 billion deal for a 49% stake in Scale AI, a fast-growing data-labelling startup led by 28-year-old CEO Alexandr Wang....
- Who is Sean Duffy, US Transportation Secretary
- What's behind Tesla's $570-billion boost despite wobbly demand? Musk’s political Trump cardTesla's stock surged 73% post-election, driven by Elon Musk's support for President-elect Trump and anticipated policy influence. This cont...
- Groww, Razorpay pay for reverse flip; Arzooo’s distress saleHappy Thursday! Stockbroking platform Groww, had its valuation reduced as part of its flip back to India, said sources. This and more in to...
- The question of the hour: Will AI and robotics redefine humanity or diminish it?Technological innovations in AI, robotics, and renewable energy are driving monumental changes across industries. These advancements promis...
- Alphabet is seeking outside investment for its GFiber internet businessAlphabet plans to seek external investment for GFiber, its business selling Wi-Fi and internet connectivity in the US. GFiber, owned by Goo...
- Google propels record Alphabet revenue, driving shares up 8%Alphabet's sales jumped 32% to $75.3 billion in the fourth quarter, for a third straight quarterly sales record and topping the average est...
- Google propels record Alphabet revenue, driving shares up 8%Shares of Alphabet rose 8.6% in after-hours trading, to $2,990.10, erasing their losses for the year-to-date. Shares of competitors in onli...
- Reliance raises Rs 1.04 lakh crore from marquee investors in 8 weeksIt has literally been an investment spree into Jio Platforms ever since Facebook announced its Rs 43,573.62 core infusion on April 22.
- Private equity firm Silver Lake to invest Rs 5,655.75 crore in Reliance Jio PlatformsSilver Lake will invest Rs 5,655.75 crore in Reliance Jio at an equity value of Rs 4.90 lakh crore.
- Google parent’s investing arm battles suspicion in profit questThe company struggles to make big acquisitions in its main areas of business, partly due to concern over antitrust regulation.
- Delhivery appoints COO & CBO amid top-level organizational changesBarasia will oversee all three major profit & loss items - parcel, warehousing and freight, while Pai will lead operations, engineering, hu...
- VW is said to have approached self-driving startup AuroraThe German carmaker has been scouring Silicon Valley for targets or partnerships that can help it develop self-driving cars and other mobil...
- Who’s winning the self-driving car race?In the next three years, almost all of these contenders will be able show off cars capable of navigating city streets at casual speeds alon...
- SoftBank is said to seek Uber stock at $48 bn valuationIf it is successful, the SoftBank-led coalition would buy at least 14 percent of the shares from existing Uber investors.
- RNT Capital, Falcon Edge Capital set to invest $100 mn in OlaRNT Capital is expected to lead the round with an investment of $60 mn with the rest coming from New York-based hedge fund Falcon Edge Capi...
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