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PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...- MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
- Macron announces 93 bn euros in 'Choose France' investmentsFrance is set to receive a record 93 billion euros in foreign investments. This significant funding will boost artificial intelligence and ...
- Tech jobs go cold; Chip startups shift gearIndia’s tech hiring has fallen to its lowest level in more than two years. This and more in today's ETtech Top 5.
- SoftBank to invest €75 billion in 5 GW French AI centresSoftBank Group is set to invest up to $87 billion in France to build 5 gigawatts of AI data center capacity, aiming to establish the countr...
- SoftBank to spend $87.5 billion on AI centres in France: SonJapanese tech investor SoftBank will spend 75 billion euros ($87.5 billion) on artificial intelligence infrastructure in France, its founde...
- Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
- Stocks in news: RIL, IDFC First Bank, Paytm, Sun Pharma, Manappuram FinanceIndian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial res...
- Intel earnings signal recovery at US chip makerIntel's shares surged after exceeding earnings expectations, signaling a potential recovery. Despite a reported loss, revenue increased, an...
- Glade Brook in talks to join Sarvam’s funding; AI startup may hit $1.5 billion valuationUS-based Glade Brook Capital is in discussions to invest $20-25 million in Sarvam AI's $320-350 million funding round, valuing the AI start...
- Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
- SoftBank and AEP plan massive Ohio gas-fired AI data center campusAmerica and Japan are joining forces for a huge project in Ohio. A massive gas-fired power plant and an artificial intelligence data center...
- SoftBank and AEP plan massive Ohio gas-fired AI data center campusThe US Department of Energy on Friday announced a partnership between Japan's SoftBank Group and electric utility AEP to build a colossal g...
- SoftBank's Arm to pursue US-only listing this yearArm did not completely rule out an eventual London listing, saying it intended to consider a subsequent initial public offering there in du...
- SoftBank’s Rajeev Misra steps down as corporate officer on record lossesRajeev Misra will retain his post as head of SoftBank Investment Advisers, which helps oversee the first Vision Fund’s existing investments.
- SoftBank slows new investments due to crash in its holdings of tech firmsSoftBank is going through a tough time due to a crash in holdings of tech firms, the Russia-Ukraine war and China's regulatory crackdown an...
- SoftBank shares jump 11% on $9 billion buybackThe buyback is SoftBank's second largest after a record 2.5 trillion yen buyback launched during the depths of the COVID-19 pandemic last y...
- SoftBank partners with Oyo in Latam in move for more oversightSoftBank said it started the partnership with Oyo in Latin America in 2019 and the investment has been recently formalized with the creatio...
- China’s Didi Chuxing may back OyoSome investors like Didi and shared office startup WeWork have opted to only back the company’s Chinese subsidiary.
- Meet the crack team of Japanese conglomerate SoftBankKey people in Bharti SoftBank are Atsushi Taira and Mike Kayamori, latter believed to have played a critical role in structuring Snapdeal i...
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