Business

33 articles published
Samsung and SK Hynix Reject KEPCO's $18.7 Billion Power Grid Prepayment Plan 36
Samsung and SK Hynix Reject KEPCO's $18.7 Billion Power Grid Prepayment Plan

South Korea's chipmakers cited demand uncertainty in declining to fund electricity infrastructure for new semiconductor …

A
Sumit Kumar
Sep 15
Elon Musk's Boring Company Raises $3 Billion at $23 Billion Valuation, Led by the UAE 45
Elon Musk's Boring Company Raises $3 Billion at $23 Billion Valuation, Led by the UAE

The tunneling venture will use the capital to build over 150 kilometers of underground infrastructure …

A
Sumit Kumar
Sep 14
Bank Holidays September 14-16, 2026: Full City-Wise List for Ganesh Chaturthi and Hartalika Teej 41
Bank Holidays September 14-16, 2026: Full City-Wise List for Ganesh Chaturthi and Hartalika Teej

Banks stay shut in select cities including Mumbai, Bengaluru and Hyderabad, but digital banking services …

A
Sumit Kumar
Sep 13
DOJ Investigates Whether Nvidia's $17 Billion Groq Deal Was Structured to Dodge Antitrust Review 59
DOJ Investigates Whether Nvidia's $17 Billion Groq Deal Was Structured to Dodge Antitrust Review

The licensing agreement brought Groq's founder and much of its team into Nvidia while the …

A
Sumit Kumar
Sep 13
Larry Ellison Cancels Plan to Sell $7.5 Billion in Oracle Stock, a Day After It Was Disclosed 31
Larry Ellison Cancels Plan to Sell $7.5 Billion in Oracle Stock, a Day After It Was Disclosed

The Oracle chairman rarely sells shares; the reversal comes as the stock has fallen sharply …

A
Sumit Kumar
Sep 13
DeepSeek Prepares Shanghai IPO on STAR Market, Eyes Valuation of Up to $75 Billion 71
DeepSeek Prepares Shanghai IPO on STAR Market, Eyes Valuation of Up to $75 Billion

The Hangzhou-based AI startup has engaged CITIC Securities as it seeks fresh capital for compute …

A
Sumit Kumar
Sep 13
Mistral Raises €3 Billion in Europe's Largest-Ever Private Tech Fundraise 39
Mistral Raises €3 Billion in Europe's Largest-Ever Private Tech Fundraise

The French AI lab's new round values the company at €21 billion as Europe pushes …

A
Sumit Kumar
Sep 13
Qualcomm Strikes Up to $60 Billion AI Chip Deal With Amazon 52
Qualcomm Strikes Up to $60 Billion AI Chip Deal With Amazon

The agreement positions Qualcomm as a growing player in AI data centre hardware, challenging Nvidia's …

A
Sumit Kumar
Sep 12
India's Startup Funding Crosses $15 Billion for 2026 as Investors Reward Fewer, Bigger Bets 38
India's Startup Funding Crosses $15 Billion for 2026 as Investors Reward Fewer, Bigger Bets

Data through mid-September shows larger cheques going to more mature companies rather than a wide …

A
Sumit Kumar
Sep 12