ETtech Explainer: OpenAI is halving inference cost and what this meansOpenAI has reportedly halved its AI inference costs through significant optimizations, a crucial development amid rising AI development exp...
Oaktree-backed ITG jumps in Nasdaq debut, signaling strong AI infrastructure demandThe debut adds to signs that investor appetite for companies supporting the AI buildout remains robust, as hyperscalers and technology fir...
Uber-backed Lime rides IPO wave to $1.73 billion valuation in Nasdaq debutThe market for new listings has regained momentum after a bout of volatility triggered by the Iran conflict, with companies reviving IPO p...
Uber-backed Lime rides IPO wave to $1.73 billion valuation in Nasdaq debutUber-backed Lime jumped 8% in its Nasdaq debut, valuing the e-scooter and bike rental company at $1.73 billion. The IPO reflects renewed in...
Karnataka HC judge recuses from hearing gig worker welfare law petitionsJustice Suraj Govindaraj recused himself from hearing petitions challenging Karnataka's gig worker law due to a potential conflict of inter...
Autonomous driving firm Autobrains eyes robotaxi growth in Europe, CEO saysAutobrains, which is based in Tel Aviv and has an office in Munich, is developing lower-cost autonomous driving technology built around so...
BWF shifts India Open Super 750 to February 2027; tournament returns to traditional January slot in 2028The India Open Super 750 badminton tournament is moving to February for the 2027 season, from February 2-7 in New Delhi, due to player conc...
Uber, Waymo end robotaxi partnership in PhoenixUnder the partnership struck in 2023, Uber had integrated Waymo's autonomous vehicles into its ride-hailing and food delivery platforms.
Platforms, IAMAI move Karnataka HC against gig workers welfare lawThe petitions come after the state government did not respond to IAMAI's request to defer the levy of the gig workers' welfare fee until th...
China's Momenta kicks off Hong Kong IPO, targets up to $751 millionThe IPO comes as Chinese technology firms are returning to public markets, helped by investor demand for companies tied to AI, chips and au...
Uber India head Prabhjeet Singh quits, to join as OpenAI MDUber India's head, Prabhjeet Singh, is departing after an 11-year tenure to join OpenAI as its India MD. Singh, led Uber's significant grow...
Uber India head ends trip; Amazon CEO on India opportunityUber's India head Prabhjeet Singh has stepped down after 11 years at the platform. This and more in today's ETtech Top 5.
Uber board sued over alleged 'serial' compliance failures, sexual abuse lawsuitsIn a complaint filed in San Francisco federal court, shareholders led by a Detroit pension fund said board members ignored repeated inter...
US stocks: Uber-backed Lime seeks up to $1.66 billion valuation in US IPOElectric bike and scooter operator Lime is aiming for a valuation of up to $1.66 billion in its US IPO, seeking to raise over $180 million....
Nestle, Uber among global business leaders to back faster electrification shiftOver 100 global companies, including Nestle and Uber, are urging governments to prioritize electrification in economic strategies. They arg...
Lime plans to name Uber as anchor investor in IPO: reportSan Francisco-based startup Lime is backed by Uber Technologies. It filed to go public in the United States in May.
Turkish competition board approves Uber acquisition of Getir delivery business"The commitment by Uber Technologies Inc. to invest a total of US$500 million in Turkey is expected to support high-quality employment, s...