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A mariner put 10% of her paycheck into SpaceX for 2 years, and as it goes public, she is not telling her net worthMaryellyn Musselman, a former SpaceX mariner, is holding onto her company shares ahead of its highly anticipated IPO. She invested 10% of h...
OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...
Former SBI Capital Markets chief Arun Mehta named Edelweiss ARC CEOEdelweiss Asset Reconstruction Company is thrilled to announce Arun Mehta's appointment as CEO, following an extensive search process by Ko...
Exponent Energy raises Rs 200 crore led by 360 ONE Asset, TDK VenturesExponent Energy, an EV charging startup, has secured Rs 200 crore in a funding round co-led by 360 ONE Asset and TDK Ventures. The company ...
OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
Court allows ED access to SFIO documents in CMRL-Exalogic money laundering caseA court has granted the Enforcement Directorate access to documents from the Serious Fraud Investigation Office. These documents are crucia...
Nvidia clinches deals with South Korean giants include SK Group to advance AI boomSpeaking to reporters in Seoul, Huang's remarks underscored Nvidia's continued cooperation with SK Hynix, a leading supplier of high-bandwi...
NCLAT quashes Ligare Aviation's insolvency; loan from Religare Enterprises round-tripping of moneyThe National Company Law Appellate Tribunal has cancelled insolvency proceedings against Ligare Aviation. The tribunal found the National C...
LIC in talks with regulators on long-term instruments to match growing liabilities: CEOLife Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment opt...
China can build humanoids at scale. The hard part is finding enough buyersChinese companies are pushing ahead with humanoid robot production. These robots can perform tasks like directing traffic and making coffee...
Apollo wraps up $35 billion debt to buy AI chips for AnthropicThe package, one of the biggest private credit transactions in history, highlights the race by top-tier financiers to fund data center cons...
IFC commits USD 50 million to Hygenco to promote green hydrogen in IndiaInternational Finance Corporation is investing USD 50 million in Hygenco Green Energies. This funding supports green hydrogen projects acro...
Nvidia CEO mounts charm push in South Korea with TV talk show, baseball appearancesWhile a celebrity in his own right, the charm push by the Taiwan-born 63-year-old highlights South Korea's critical position in the AI land...
India tightens checks on overseas flows as currency pressure mounts, sources sayIndia's central bank and markets regulator are intensifying scrutiny on overseas investments by firms and family offices, issuing multiple ...
China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...
US SEC, Elon Musk defend 'compromise' settlement over Twitter purchasesMusk called the settlement a fair, adequate and reasonable resolution where "each side gave something up and each side gained something,"...
SEC defends Musk settlement over Twitter, saying it reflects 'compromises'In a filing in the Washington, D.C. federal court, the SEC also said in a footnote that the settlement if approved will allow Musk to publi...
Mahindra, Manulife incorporate life insurance JV after MCA nodMahindra and Manulife's joint venture, Mahindra Manulife Insurance Ltd (MMIL), has officially been incorporated. This new entity aims to be...
Nvidia CEO to kick off and dominate Computex gathering in TaipeiThe CEO of the $5 trillion chipmaker, who was born in Taiwan's southern city of Tainan, announced plans last week to invest around $150 b...
Nvidia CEO Jensen Huang unveils Computex trade show in Taiwan. What to expect from AI event in Taipei?Jensen Huang, who has rockstar status in Taiwan, is expected to talk about Nvidia's AI chips, software and systems.