PhysicsWallah Hits the Brakes on Direct Student Lending, Chooses NBFC Partnerships Instead
In a significant strategic shift ahead of its anticipated public listing, PhysicsWallah has decided to move...
SoftBank Exits 3.25% Lenskart Stake For ₹2,873 Crore, Books 7x Return Since 2019 Investment
Japanese investment giant SoftBank has taken another significant bite out of its Lenskart holding, offloading a...
No Raise, More AI: Teradata Freezes Employee Salary Hikes to Fund Artificial Intelligence Ambitions
The race to dominate the artificial intelligence (AI) era is forcing companies to make difficult choices,...
Uber Cuts Jobs in HR Division as Leadership Reshuffle Drives Organizational Overhaul
Ride-hailing giant Uber is undertaking another round of workforce restructuring, cutting nearly a quarter of the...
Suno Bags Over $400 Mn at $5.4 Bn Valuation as AI Music Race Heats Up
Artificial intelligence is transforming industries at an unprecedented pace, and the music world is no exception....
Apple’s India Antitrust Battle Enters Crucial Phase as Company Agrees to Share Financial Data
Apple’s biggest regulatory challenge in India has taken a major step forward. The iPhone maker has...
Uber Hits the Brakes on AI Spending After Burning Through Annual Budget in Just Four Months
Artificial intelligence is transforming software development at an unprecedented pace, helping engineers write code faster, automate...
ByteDance Founder Zhang Yiming Surpasses Mukesh Ambani to Become Asia’s Second-Richest Person
In a significant reshuffling of Asia’s wealth rankings, ByteDance founder Zhang Yiming has overtaken Reliance Industries...
Oyo Parent Prism Gets SEBI Approval for ₹6,650 Cr IPO, Targets Valuation of Up to $8 Bn
Prism, the parent company of travel technology giant Oyo, has taken a significant step toward its...
Anthropic Files for IPO Before OpenAI, Setting the Stage for Wall Street’s Biggest AI Showdown
The race to dominate artificial intelligence has entered a new arena: the public markets. In a...