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- Zhipu’s new AI model takes aim at OpenAI, Anthropic in China’s race to close the gapChinese AI firm Z.ai has launched its new GLM-5.3 model. This release intensifies competition with OpenAI and Anthropic. The model offers i...
OpenAI’s annualised revenue tops $40 billion ahead of IPOOpenAI is poised to surpass $40 billion in annual revenue, propelling its ambitions for a public offering in the near future, accroding to ...- Can Lalithaa Jewellery Mart IPO deliver long-term growth for high-risk investors?Lalithaa Jewellery Mart is gearing up for a remarkable ₹1,700 crore IPO aimed at financing its capital expenditure and ambitious expansion ...
- Aditya Birla Group levies royalty on Grasim, Hindalco, Novelis for brand use from June 2026Aditya Birla Group companies will pay a brand royalty starting June 2026. A 0.25% revenue royalty is mandated, capped annually at Rs 225 cr...
- AI firm Databricks valued at $190 billion as it bags $5 billion in fundingThe funding comes six months after Databricks was valued at about $134 billion in a previous round, as investor demand for companies tied...
- US stocks: Tapestry forecasts weak annual sales as Kate Spade struggles, shares tumble 15%Tapestry has reported quarterly profits that surpass expectations despite a forecast of sluggish annual revenue growth. Kate Spade's sales ...
- The Derma Co crosses Rs 1,000 crore annualised in net salesWith this milestone Honasa Consumer now has two brands with Rs 1,000 crore in annualised sales, founder and chief executive Varun Alagh sai...
- US stocks: Birkenstock shares jump 18% as strong demand prompts revenue forecast hikeBirkenstock has raised its annual sales growth forecast after surpassing quarterly revenue expectations. The company's robust performance w...
- AI startup Cognition in new funding talks at $40 billion valueCognition would be expected to raise over $1 billion in the round, Bloomberg reported. The company may still decide not to raise capital, o...
- China's JD.com tops quarterly revenue estimatesThis year's annual mid-year shopping event, marking JD.com's founding on June 18, 1998, ran for more days than the previous year, giving ...
- US stocks: CoreWeave, Super Micro surge on signs of sustained AI buildoutCoreWeave and Super Micro have seen their stock prices soar to new heights amid a rising tide of demand for AI infrastructure. CoreWeave ha...
- Vibe-coding startup Lovable raises $400 million at $13.3 billion valuationMenlo Ventures and the EQT-managed Scaleup Europe Fund co-led the round. Tencent, Balderton Capital and other new investors from Europe, ...
- Instagram, YouTube music use could be costing India’s music industry Rs 350 crore a yearIndian music labels face over Rs 350 crore annual sync revenue loss. Unlicensed music use on social media platforms causes this significant...
- Super Micro forecasts upbeat annual revenue on data center adoptionAI infrastructure firms have seen demand surge as tech and cloud companies ramp up data center investments to support AI applications.
- Can Shiprocket IPO deliver long-term growth for high-risk investors?Shiprocket is gearing up to secure ₹885 crore through fresh equity aimed at bolstering expansion and addressing debt obligations. Additiona...
- Gland Pharma inks strategic CDMO deal with global pharma firm, eyes $90-100 million annual revenueGland Pharma has signed a strategic Manufacturing and Supply Agreement with a leading global pharmaceutical company for technology transfer...
- SpaceX advances $1 trillion revenue target to 2030, Musk saysSpeaking to investors, Musk said the company’s internal financial projections had shifted from reaching the milestone in 2031 to 2030, addi...
- Palantir lifts annual revenue forecast on steady demand for AI-powered data analyticsPalantir Technologies has revised its annual revenue forecast upwards once more, attributing this back to robust demand from both governmen...
- Palantir lifts annual revenue forecast on steady demand for AI-powered data analyticsPalantir Technologies increased its annual revenue forecast significantly. Strong government and commercial demand fuels this optimistic ou...
- Lighthouse-backed Ferns N Petals eyes India IPO by 2028, targets 25% annual revenue growthFerns N Petals aims for an initial public offering by late 2028. The company plans to fund expansion and acquire other gifting brands. Annu...
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