Microsoft and OpenAI Announce $100 Billion ‘Stargate’ Supercomputer Project
Technological powerhouses Microsoft and OpenAI announced plans to work together to create the supercomputer known as "Stargate," which would likely...
IPO-bound MobiKwik Secures Rs 50 Crore Debt Funding from BlackSoil
Leading Indian fintech startup MobiKwik, which is preparing to go public, has closed a large debt finance round from renowned...
Swiggy Records $200 Million Loss in 9 Months, Raising Concerns Over Profitability
The massive Indian food delivery company Swiggy wants to go public on the stock market, but an internal document that...
PhonePe Launches UPI Payments for Indians Traveling to UAE
One of India's top digital payment systems, PhonePe, has made possible Unified Payments Interface (UPI) payments for users visiting the...
Trump’s Media Company TMTG Makes Striking $8 Billion Wall Street Debut
Trump Media & Technology Group (TMTG), the former president of the United States, has attracted a lot of interest from...
GameStop Struggles: Job Cuts Announced Amid Falling Sales
Originally the darling of the meme stock craze in early 2021, videogame retailer GameStop is now faced with tough reality....
Costco Food Court Tightens Membership Checks: No More Food Without a Card?
For many years, Costco's charm went beyond its reputation as a store for bulk purchases. A good portion of that...
Nikhil Kamath, Gauri Khan, and John Abraham Invest $10 Million in Subko Coffee Roasters: A Game-Changer in the Coffee Industry
Famous individuals Nikhil Kamath, Gauri Khan, and John Abraham have invested a combined $10 million in Subko Coffee Roasters, which...
Manipal Chairman Eyes Byju’s Stake in Aakash: Implications for India’s Ed-Tech Market
In 2020, Aakash Educational Services Limited gained popularity when it sold Byju's a 42% stake for almost $1 billion. The company...
Tiger Global, SoftBank, and Other Investors are almost finalizing a $300 million funding deal with Meesho.
Meesho, a social marketplace in Bangalore, is seeking to obtain a substantial $300 million raising money round from major investors, including SoftBank...