CoreWeave lands $11.9bn AI deal with OpenAI amid IPO speculation

Pallavi Madhiraju- March 12, 2025 0

CoreWeave has bagged a $11.9 billion AI infrastructure contract with OpenAI, a move that will significantly enhance the computing power required to scale artificial intelligence ... Read More

Stargate Project: Tech giants unite to invest $500bn in US AI infrastructure

Pallavi Madhiraju- January 25, 2025 0

In a landmark move set to redefine artificial intelligence (AI) infrastructure, major technology companies have unveiled the Stargate Project, a collaborative initiative projected to invest ... Read More

Swiggy unveils Rs 12,000cr IPO plan with stunning $10bn valuation aim

Pallavi Madhiraju- October 29, 2024 0

Swiggy, the Indian food delivery giant, is making waves with its recent announcement to launch an Initial Public Offering (IPO) on November 6. This ambitious ... Read More

Chrysalis Investments announces successful sale of Graphcore to SoftBank

Pallavi Madhiraju- July 14, 2024 0

Chrysalis Investments Limited (Chrysalis) has confirmed the sale of its stake in Graphcore to SoftBank Group Corp., a strategic move that significantly boosts its liquidity ... Read More

SoftBank to invest €473m in connected vehicle solutions firm Cubic Telecom

Pallavi Madhiraju- December 6, 2023 0

SoftBank Corp. and Cubic Telecom, a global leader in software-defined connected vehicle solutions, announced a definitive agreement wherein SoftBank will invest approximately 473 million EUR ... Read More

Lenskart acquires majority stake in Japanese eyewear brand Owndays

pallavi123- July 2, 2022 0

Lenskart, an Indian prescription eyewear retail chain, has reportedly acquired a majority stake in Owndays, a Japanese direct-to-customer (D2C) eyewear brand, for $400m. The deal ... Read More

Flipkart funding round : Indian e-commerce giant raises $3.6bn at $37.6bn valuation

pallavi123- July 13, 2021 0

Indian e-commerce giant Flipkart has raised $3.6 billion from a new funding round to take its valuation to $37.6 billion. The new funding round of ... Read More

Supermarket chain Morrisons accepts £6.3bn offer from Fortress-led group

pallavi123- July 4, 2021 0

British supermarket chain Morrison Supermarkets (Morrisons) has accepted a takeover bid of £6.3 billion ($8.7 billion) from a group led by Fortress Investment Group, a ... Read More

Latin American fintech company AlphaCredit raised $125m in Series B round

Soujanya- January 8, 2020 0

AlphaCredit, a Latin American fintech company, has raised $125 million in a Series B equity financing round led by the Latin America Fund of Japan’s ... Read More