Elon Musk Poses Poll: Should Tesla Invest $5 Billion in xAI Technology?
Elon Musk, the CEO of Tesla, posted a poll on Twitter asking whether Tesla should invest in xAI, an AI company he owns, with a $5 billion investment at stake....
New CEO Appointed by Stability AI from Current Investor Pool: Rumors swirl.
According to sources at The Information, Stability AI has appointed a new CEO, Prem Akkaraju, former CEO of Weta Digital, a visual effects company. Previously, Stability AI, the artificial intelligence...
Unveiling Woxa Corporation: FinTech Company Offering White Label Software Solutions for Brokers
When we talk about Fintech technology, it’s clear that it has come to change the way people in society live. From using banking applications to making payments through QR codes,...
Revolutionary Indian EdTech Giant Byju’s Valuation Plummets from $22 Billion to Zero
Byju’s started as an EdTech platform that once had a business valuation of up to $22 billion from investments. It was once the highest-valued startup in India, backed by investment...
Pioneering Taiwanese Semiconductor Company Invests $285 Billion to Open Chip Manufacturing Plant in Singapore
Vanguard International Semiconductor Corporation (VIS) from Taiwan recently announced a joint venture with NXP Semiconductor in a 60:40 ratio to invest in building a chip manufacturing plant in Singapore. The...
Intel Receives $11 Billion Investment from Apollo Investment Firm to Jointly Hold Shares in Chip Factory in Ireland.
Intel announced that Apollo Global Management, a massive American investment firm with assets under management totaling $550 billion, has acquired a 49% stake in the new chip manufacturing plant, Fab...
Google invests $350 million in Flipkart, the e-commerce behemoth in India, with Walmart holding shares.
Reports indicate that Google has agreed to invest $350 million in Flipkart, a major e-commerce company in India, acquiring a minority stake in the business valued at $37 billion. This...
South Korea Announces $700 Billion Chip Investment Support Plan
South Korea has unveiled a plan to support chip manufacturers and suppliers with a budget of 26 trillion won, approximately 700 billion baht. This initiative aims to boost investment in...
Renowned Investor Warren Buffett Sells 13% of Apple Stock Holding, Cites Tax Reasons
Followers of the stock news of Apple probably already know that Warren Buffett, the investment tycoon, is a key shareholder through his investment company Berkshire Hathaway. However, Berkshire Hathaway has...
Announcement: SK hynix Establishes Semiconductor Packaging Plant in the State of India, with a Investment of 3.87 Billion Dollars.
SK hynix has announced an investment of approximately 3.87 billion dollars to establish a high-end semiconductor packaging plant, as well as an AI product research and development center in West...