Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
Pine Labs Ltd. has reduced the size of its initial public offering, even as it eyes a valuation of more than ₹25,300 crore (about $3 billion). Pine Labs CEO Amrish Rau. A growing EBITDA while being adjusted for ESOPs, as well as narrowing of loss, points to profitability in the future. (File Photo) On offer […]
The surge in the stock of Nvidia Corp. has not only made it the first $5-trillion company in the world, but also propelled Jensen Huang’s net worth towards $200 billion. Nvidia CEO Jensen Huang has dismissed concerns about an AI bubble. (Reuters) According to the Forbes’ Real-Time Billionaires Index, Huang’s net worth rose 4.35%, or […]
Microsoft Corp. and Open AI have struck a new deal that allows the ChatGPT maker to restructure into a public benefit corporation. That gives OpenAI a valuation of $500 billion and more freedom it its business operations. OpenAI CEO Sam Altman (left) and Microsoft CEO Satya Nadella (AFP) The deal removes a major constraint on […]
Amazon.com Inc. says its e-commerce exports from India has surpassed $20 billion, including nearly $7 billion this year, despite the punitive US tariffs on the world’s fourth largest economy. Amazon’s exporter base in India has grown by a third in year to about 2 lakh sellers, spanning 28 states and seven union territories. (AFP) “We […]
Google’s share declined by nearly 5 per cent as OpenAI unveiled its first artificial intelligence-powered web browser, ChatGPT Atlas, on Tuesday. This puts the ChatGPT maker in direct competition with Google, which has around 3 billion worldwide users of the Chrome web browser and has also included some AI features from Google’s Gemini technology. ChatGPT […]
India’s gold reserves crossed the $100 billion mark for the first time, according to the Reserve Bank of India’s latest forex reserves data, buoyed by a global gold price rally. The gold’s share in India’s forex reserves has almost doubled over the past decade—from below 7% to nearly 15%. (Bloomberg) RBI’s gold reserves rose by […]
The valuation of Indian Premier League has eroded for a second year in a row, after a bidding war for broadcasting rights made it the world’s most lucrative cricket tournament. Cricketer Virat Kohli’s Royal Challengers Bangalore is the latest winner of the Indian Premier League in 2025. (Representative Image/ANI) IPL’s valuation dropped nearly 11% to […]
Google CEO Sundar Pichai on Monday announced plans to set up the first-ever Google AI hub in Visakhapatnam, calling it a “landmark development” that will combine gigawatt-scale compute capacity, a new international subsea gateway, and large-scale energy infrastructure. Prime Minister Narendra Modi with the CEO of Google and Alphabet Sundar Pichai during a meeting, at […]
Alphabet Inc.’s Google will invest $10 billion to set up a massive data centre and artificial intelligence hub in Andhra Pradesh, officials from the southern Indian state said, marking its biggest such investment in the South Asian nation. Google and Andhra Pradesh are likely to sign a formal agreement on the AI project later today. […]
(Bloomberg) — Blackstone Inc. has agreed to sell a portfolio of UK warehouses valued at £1 billion ($1.3 billion) to Tritax Big Box REIT Plc in a deal that will hand the alternative asset manager a stake in the landlord. Blackstone Inc. has agreed to sell a portfolio of UK warehouses valued at £1 billion […]
