Browsing Category
Business
44 posts
TSMC announces $100 billion US investment, sparking concerns over Taiwan’s semiconductor dominance
TSMC, the world’s largest chipmaker, announced plans to invest $100 billion in the United States
OpenAI rejects $97.4 billion Musk bid, saying company is ‘not for sale’
ChatGPT maker OpenAI’s board of directors has formally rejected an offer from a group of investors led by…
Amazon doubles down on AI with $100 billion spending plan for 2025
Amazon to double down on AI with plans to boost its total capital expenditures to $100 billion this year
DeepSeek’s AI breakthrough sparks $1 trillion tech stock selloff, Nvidia loses $600 billion in market cap
Chinese AI startup DeepSeek has shaken the foundations of AI industry, igniting a massive selloff that wiped $1 trillion from global stock markets.
OpenAI partners with SoftBank and Oracle on $500 billion AI Infrastructure ‘Stargate Project’
OpenAI announced Stargate Project —a partnership with Japanese conglomerate SoftBank, Oracle, and MGX— with plans to invest up…
UAE fintech Jingle Pay to launch in Pakistan as Bank Alfalah acquires 9.9% stake
Jingle Pay is set to launch its digital banking services in Pakistan after Pakistan's Bank Alfalah acquired 9.9% equity stake in the UAE-based fintech
Microsoft plans to invest $3 billion to expand AI and cloud infrastructure in India
Microsoft is making a bold move to accelerate India’s AI-driven growth, announcing a $3 billion investment in cloud and AI infrastructure over the next two years.
InDrive strengthens presence in Pakistan with investment in Krave Mart’s grocery delivery platform
Ride-hailing giant InDrive is making a bold foray into the e-commerce space with a strategic investment in Pakistan's rapidly growing grocery delivery platform, Krave Mart.
Honda and Nissan announce merger talks to create world’s third-largest global automaker
Honda and Nissan have entered into official talks to merge and create the world’s third-largest automaker.
Oman Investment Authority acquires stake in Elon Musk’s xAI
Oman Investment Authority (OIA) has acquired a stake in xAI, Elon Musk’s artificial intelligence company