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ZTE among Chinese firms licensed to purchase Nvidia's H200 chips, documents showUS regulators have approved some Chinese companies to buy advanced AI chips. ZTE Kangxun Telecom and Maginfra can purchase Nvidia's H200 ch...- Wells Fargo tops profit estimates on interest income boost, trading boomWells Fargo reported a significant profit increase in the second quarter. Strong trading desks and robust loan growth fueled this positive ...
- AI startup Reflection signs over $1 billion computing deal with NebiusThe move builds on Reflection's June agreement with SpaceX for computing capacity, a deal that media reports said would see the startup p...
- Tax project delay hurt Q1 results, AI-led deflation behind us, says LTM’s LambuFinancial services and technology, which together account for 57% of revenue for India’s sixth largest IT service firm, each grew more than...
- HCLTech FY guidance stays muted despite $2.4 billion deal momentumHCL Technologies reported marginally better than anticipated financial performance for the June quarter. The company announced a significan...
- India must build resilient software and hardware systems to withstand cyber threats: MeitY SecretaryIndia must build strong and reliable software and hardware systems that can keep working even during cyberattacks. This resilience is impor...
- Private late-stage cheques go big at $86 million average this yearLate-stage startup funding in India is increasingly flowing into fewer but much larger deals, driven by AI infrastructure, data centres, cl...
- Who is Vinod Khosla? Group led by Indian-American billionaire Vinod Khosla buys Seattle Seahawks for record $9.6 billionIndian-American billionaire Vinod Khosla and his wife Neeru Khosla are acquiring the Seattle Seahawks. This landmark transaction is valued ...
- Late-stage cheques go big at $86 million average this yearLate stage funding in India saw average deal sizes surge to about $86 million in the first half, driven by fewer but larger transactions. C...
- 'Scam Altman' vs 'homeboy': Elon Musk and Sam Altman lock horns after Apple lawsuitElon Musk and Sam Altman reignited their public feud after Apple sued OpenAI over alleged trade secret theft. Musk accused Altman of "scamm...
- SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceSpaceX's current value stems from building essential AI infrastructure on Earth. The company is generating significant revenue from terrest...
- SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceInfrastructure providers, particularly data centers, are poised to be among the biggest beneficiaries of the AI boom as businesses and cons...
- Special delivery: Italy's postman joins the AI infrastructure racePoste Italiane, the postal service which pays out pensions through 12,600 post offices that are as much a feature of remote towns as the lo...
- Donald Trump's son bet big on Bitcoin, lost $600 million from family fortuneAmerican Bitcoin, though, stuck with its crypto strategy and has seen its shares slump more than 95% from their peak. That’s erased more th...
- Jeff Bezos' Blue Origin seeks first outside funding at $130 billion valuation: ReportCoatue Management, a big asset manager, is expected to lead the round with a $4 billion commitment, the report said, adding that Bezos is...
- Broadcom shares jump over 2% after Apple announces $30 billion chip dealBroadcom shares gained after Apple announced a multi-year chip supply agreement exceeding $30 billion. The deal expands US manufacturing, s...
- SpaceXAI plans to launch new model with Cursor as soon as WednesdayElon Musk's SpaceX said in June it would buy Anysphere, the startup behind popular AI coding agent Cursor, in an all-stock deal worth $60 ...
- Forget rockets: Morgan Stanley sets $300 SpaceX target based on a secret AI weaponMorgan Stanley has initiated coverage on SpaceX with an Overweight rating and a $300 target price, arguing its biggest opportunity lies bey...
- Meta stock: Why are Facebook, Instagram, WhatsApp shares are rising today at U. S Stock Market?Meta has poured hundreds of billions of dollars into data centers and AI chips.
- Digital Realty to pay Blackstone $3.5 billion for stake in Virginia data centersThe move strengthens the data center operator's position in Northern Virginia, the world's largest data center market, where demand for cap...
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