outlined details of its highly anticipated IPO at a meeting with its team of bankers Monday night, telling them it plans to earmark a large portion of shares for retail…
Category: Companies
Anthropic inks deal with Google, Broadcom to secure AI chips; tops $30 billion run-rate
announced on Tuesday that it has signed an agreement with Google and Broadcom to secure multiple gigawatts of next-generation tensor processing unit (TPU) capacity that will come online in 2027.…
Oracle appoints Hilary Maxson as CFO amid major layoffs — What we know about her salary, stock options
Corporation on Monday announced the appointment of Hilary Maxson as its new Chief Financial Officer (CFO), just days after the technology giant carried out a sweeping round of layoffs that…
India’s smartphone market hit by massive price hikes: Vivo, Samsung, Oppo rates jump up to 40%.
Between US President Donald Trump’s and a chip shortage triggered by Nvidia’s focus on supplying artificial intelligence (AI) memory chips, India’s top three smartphone brands Vivo, Oppo and Samsung, as…
Can IndiGo fly out of this perfect storm?
The past four months have been a stretch of severe turbulence for , with India’s largest airline hitting one air pocket after another. In early December, it was caught off…
Titan bets on coloured gems to spur entry-level jewellery demand
India’s top organized jeweller Titan Co Ltd is betting on coloured gemstones to buoy entry-level demand, as volatile gold prices weigh on affordability. The Bengaluru-based firm has launched ‘Hues’, a…
OpenAI urges California, Delaware to investigate Musks anti-competitive behavior’
April 6 – OpenAI urged the California and Delaware attorneys general to consider investigating Elon Musk and his associates’ “improper and anti-competitive behavior”, ahead of a trial between the two sides…
JPMorgan’s Dimon Adds Fresh Twist to Argument for Keeping Teams Small
(Bloomberg) — Jamie Dimon has joined the legion of chief executive officers extolling the virtues of small teams. Echoing a wave of anti-bureaucracy statements by corporate leaders including Amazon.com Inc.’s Andy Jassy…
InCred Alternatives closes maiden special opportunities credit fund with ₹1,500 crore corpus
InCred Alternatives has closed its maiden special opportunities credit fund with a corpus of ₹1,500 crore, joining a wave of investment firms entering India’s growing private credit market. “India’s private…
Exclusive: Air India CEO Campbell Wilson resigns amid losses, operational setbacks
Air India chief executive Campbell Wilson has stepped down from the helm of India’s second-largest airline, and is currently serving his notice period, two people with direct knowledge of the…