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MEGADEALS
Capital Call: Indian VCs face toughest fundraising market in a decadeData from market intelligence firm PitchBook, reviewed by ET, shows Indian VCs have raised just $820 million across 32 funds as of mid-June...- Nobel-winning AI giant Demis Hassabis was early Anthropic investor: FTDemis Hassabis, founder of Google's DeepMind, was an early investor in AI firm Anthropic. This revelation highlights his significant role i...
- Donald Trump bought at least $1 million in Netflix, Warner Bros. bonds after merger announcementUS President Donald Trump invested over one million dollars in corporate bonds from Netflix and Warner Bros. Discovery. These purchases occ...
- Citigroup Q3 profit jumps 16% on record revenue, while Mexico sale dragsCitigroup reported a rise in third-quarter profit, as all its divisions brought in record revenue, sending the bank's shares up about 1% in...
- Chipmaking supplier ASML set to ride AI megadeals waveASML, a key semiconductor equipment maker, is likely to show stronger prospects in its upcoming Q3 results due to big deals between AI comp...
- World is crazy for copper: Anil Agarwal flags soaring demand, cites AI and defence needsVedanta Chairman Anil Agarwal highlights the surging global demand for copper, fueled by clean energy, AI data centers, and increased milit...
- Pokémon Go developer Niantic sells video game division to Saudi group Scopely for $3.5 billionShould the deal go through, it will also bring Niantic’s social companion apps for Pokémon Go — Campfire and Wayfarer — under Scopely owner...
- US explorer ConocoPhillips to buy Marathon Oil in $17 billion dealThe move expands ConocoPhillips' footprint in domestic shale fields from Texas to North Dakota and hands the company reserves as far afield...
- Scale AI valued at $14 billion in Nvidia, Amazon-backed funding roundTop tech companies are racing to build AI into their products and services. Startups catering to the surge in demand for AI chips and machi...
- Scale AI valued at $14 bln in Nvidia, Amazon-backed funding roundTop tech companies are racing to build AI into their products and services. Startups catering to the surge in demand for AI chips and machi...
- US startup funding plummets 30% to $171 billion in 2023 despite AI frenzyThe latest data from PitchBook for 2023, when megadeals in artificial intelligence captured the imagination of investors, shows a persisten...
- 'Pricey' vintage cars driving into investment portfoliosTimes have indeed changed. In 2018, the same Ferrari model became the most expensive car ever sold when it fetched $48 million at auction. ...
- Eyeing more sale of Rafales, French defence minister Florence Parley heads to India next weekParley will hold a delegation-level meeting with her counterpart Nirmala Sitharaman on a wide range of issues, including defence projects.
- Gilead to buy Kite for $11.9 billion in cancer drug megadealWith Kite, Gilead will gain cancer therapies and experimental drugs in one of the most promising fields in oncology, in addition to its hep...
- HDFC PMS exits investment in seven projects of Pune-based Marvel RealtorsThe investment was made four years ago and the exit will provide annual returns of over 20%.
- Ferrari spinoff sets up Fiat for new dealHis planned spinoff of Ferrari this year puts the $14 billion automaker into position for another combination that could form a group to vi...
- Merck Q1 sales rise but profit fall on chargesDrugmaker Merck & Co. says double-digit sales growth for a half-dozen of its top medicines fueled a 7 percent jump in first-quarter sales.
- Mining & metals sector fundamentals strong: ReportConsolidation will continue to be slower in short to medium term due to financing challenges, but mining and metals companies with strong b...
- TCS, Infy & Wipro: The IT service megavendorsTCS, Infosys Technologies and Wipro Technologies, collectively referred as 'India-3', will emerge as the next generation of IT service mega...
- MS deal cuts chances of Yahoo mergerMicrosoft's $6 bn deal to buy aQuantive Inc reduces the chances of the software giant buying with Yahoo.
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