Nvidia, Microsoft, Amazon Eye Up to $60B Investment in OpenAI
Sam Altman-led OpenAI is negotiating to secure approximately $60 billion in funding from Nvidia, Microsoft, and Amazon, according to reports....Google to Invest Rs 85 Crore in Wadhwani AI
Google declared a grant of Rs.85 crore to Wadhwani AI. This funding, offered by Google.org, the philanthropic division of Google, focuses on...IAN Alpha Fund Invests Rs.25 Crore in D-Propulse Aerospace
IAN Alpha Fund, the 2nd in the series of IAN Group’s VC fund, has invested Rs.25 crores in D-Propulse Aerospace Private Limited to support the...Tata Power Bets Big on Home Automation
Tata Power is broadening its presence in the home automation sector, banking on the growing mainstream acceptance of Internet of Things...Redis Passes $300 Million in Annualized Recurring Revenue
Redis, the world’s fastest real-time data platform, announced that it has passed $300 million in annual recurring revenue (ARR). This milestone...
Australia Deepens Karnataka Engagement
Australia is set to significantly deepen its engagement with...SoftBank in Talks to Invest Up to $30 Billion More in OpenAI
SoftBank is in discussions to inject up to an extra $30 billion into OpenAI, according to reports, as the Japanese conglomerate strengthens its...Hindalco Announces Rs.21,000 Crore Smelter Expansion
Hindalco Industries Ltd, the primary metals unit of the Aditya Birla Group, today revealed a significant expansion of its aluminium activities in...EU Deal to Open $750 Billion Electronics Market
Industry executives believe that Indian electronics manufacturers will receive advantageous treatment in accessing the nearly $750 billion...MP Govt to Ink Agreements for Generating 4,000 MW of Thermal Power
The Madhya Pradesh government will sign three contracts with firms for generating 4,000 MW of thermal energy with a projected investment of Rs...Micron Plans $ 24 Billion Memory Chipmaking Plant in Singapore
U.S. memory chip manufacturer Micron Technology revealed on Tuesday a $24-billion investment strategy to establish a new memory chip production...Pine Labs Partners with UAE-based Wio Bank
Indian payments tech firm Pine Labs has teamed up with Wio Bank to develop an acquiring infrastructure for the UAE-based financial entity.
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