Tag: investment

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US Tech Giants Race to Spend Billions in UK AI Push

Microsoft and Nvidia have unveiled plans to invest up to $45 billion dollars into the UK economy, in a move that will bolster...

OpenAI Seeks Additional Capital From Investors as Part of Its $40 Billion Round

OpenAI is seeking capital from new and existing investors, two people familiar with the company’s plans tell WIRED. The fundraising effort is part...

Leaked Memo: Anthropic CEO Says the Company Will Pursue Gulf State Investments After All

Anthropic is planning to seek investment from the United Arab Emirates and Qatar, according to a Slack message CEO Dario Amodei sent to...

Fintech firm Pine Labs files papers with Sebi for Rs 2,600 crore IPO

Pine Labs, the fintech firm known for its merchant payments and point-of-sale solutions, has filed its draft red herring prospectus (DRHP) with the...

GACM Technologies to acquire 30% stake in AI edtech firm WeXL

GACM Technologies has entered into a definitive agreement to acquire a 30 per cent equity stake in AI-edtech data company WEXL Edu Pvt...

Jabil: Apple supplier Jabil eyes two more India units with $275 million investment

Apple supplier Jabil is looking to invest an additional $250-$275 million (Rs 2,102-Rs 2,312 crore) in India to build at least two more...

Michelin: Michelin to lay foundation stone for passenger car tyre facility at TN plant

French tyre maker Michelin is investing Rs 564 crore in its plant near Chennai to add a passenger car tyre manufacturing facility, as...