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CIRCULAR FINANCING IN TECH
Nvidia to provide up to $105 billion guarantee for OpenAI's Ohio data centreThe new deal is the latest example of Nvidia financing the infrastructure built around its chips, a strategy that helps drive demand but ha...- Anthropic inks $10 billion computing deal with new cloud startup Volta InfraAnthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for An...
- Global chip rout: How should investors play India's AI trade that gave up to 400% returns this year?Global AI stocks face a sharp selloff, impacting Indian investor strategies. Indian markets focus on infrastructure like data centers and p...
- China is throwing a 1-2-3 punch at the global AI tradeIn quick succession, China has thrown a powerful 1-2-3 punch at the global AI trade. On July 16, Beijing-based startup Moonshot AI released...
- Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip giantsChristopher Wood has cut select Indian equities to increase exposure to South Korean chipmakers like SK Hynix and Samsung Electronics, bett...
- Chris Wood’s big warning: The specific risk that will finally trigger the end of AI tradeJefferies strategist Chris Wood believes the AI boom will end not because of a chip glut, but when investors realise hyperscalers cannot ge...
- ETtech Deals Digest: Sarvam mega round lifts startup funding to $403 million this week, up 36% on-yearIndian startups secured a significant $402.6 million in funding across 20 deals, with AI firm Sarvam leading the pack with a $234 million i...
- India eyes global bio-energy leadership with unified push on capital, missions and SAF exportsIndia is poised to become a major bio-energy exporter and bolster its energy security. Industry leaders at the India Bio-Energy Conference ...
- Four myths about the falling rupee and what India must actually doIndia's rupee is facing pressure from global events. The nation needs a plan to tackle weaknesses that amplify these impacts. Energy indepe...
- AI investment, M&A poised to increase corporate financing needs next yearBig tech firms are investing heavily in artificial intelligence and increasing mergers and acquisitions. This will lead to more debt issuan...
- AI will never be a winner-takes-all market due to well-funded rivals: Sam AltmanOpenAI CEO Sam Altman sees a competitive AI market. The company is making huge infrastructure deals to meet rising demand. These agreements...
- Doomsday or new dawn: what will Nvidia, OpenAI’s circular dealmaking bringA surge in multi-billion-dollar, interconnected AI deals involving Nvidia and OpenAI has sparked fears of a dot-com-style bubble. Critics w...
- Doomsday or new dawn: what will Nvidia, OpenAI’s circular dealmaking bringMost of these deals are centred around two industry leaders — Nvidia and OpenAI, raising concerns that an increasingly complex and intercon...
- Nasscom backs Infosys; says Rs 32,000-crore GST notice shows lack of understanding of industry modelIT services major Infosys is under the GST authorities' scanner for an alleged evasion of taxes worth Rs 32,000 cr, as per internal documen...
- How robust circular economy framework can help sustain India's economic growthA concerted effort from all stakeholders, including government and private corporations, is essential to build a robust circular economy fr...
- Nigerian central bank lifts ban on crypto tradingThe Central Bank of Nigeria (CBN) in February 2021 barred banks and financial institutions from dealing in or facilitating transactions in ...
- Nigerian central bank lifts ban on crypto tradingThe Central Bank of Nigeria (CBN) in Feb. 2021 barred banks and financial institutions from dealing in or facilitating transactions in cryp...
- Amid pivot from fast fashion, Virgio fires 30% of staffPositions across the business, tech, design, and manufacturing verticals were hit, while the finance and HR departments were “relatively un...
- Climate change is enhancing innovation in technology and services
- Banks can choose their own tech providers for digital documentation, government clarifiesThe Ministry of Finance had in August issued a circular to the managing directors and chief executive officers of all commercial banks sayi...
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