A.I. Business News xAI recorded $1.46Bn quarterly loss, burnt through $8Bn in first nine months of 2025, reveals Bloomberg report Elon Musk’s AI firm xAI looks to be burning cash at an… Soumyadeep SarkarJanuary 9, 20263 minute read
Apple Business News JPMorgan becomes Apple Card issuer as Goldman Sachs exits amid rising losses Apple is changing the bank behind its credit card. JPMorgan Chase will… Ashutosh SinghJanuary 8, 20262 minute read
A.I. Business News Foxconn hits record Q4’25 revenue of over $82 Bn driven by strong AI demand Yet another chip company is reaping rich dividends, thanks to the AI… Ashutosh SinghJanuary 5, 20262 minute read
Business Electric News Transportation China’s BYD overtakes Tesla as global EV leader with 2.26Mn sales, while Tesla slips to 1.64Mn Tesla’s grip on the global EV market is loosened further, show the… Ashutosh SinghJanuary 3, 20262 minute read
A.I. Business News SoftBank completes $40bn investment in OpenAI, acquiring 11% stake in the process SoftBank is ending the year with the completion of its long-anticipated investment… Soumyadeep SarkarDecember 31, 20252 minute read
Acquisitions Business News Warner Bros. set to reject Paramount’s $108Bn hostile takeover bid despite Larry Ellison backing Warner Bros. Discovery is reportedly preparing to shut the door on Paramount’s… Ashutosh SinghDecember 30, 20252 minute read
A.I. Acquisitions Business News SoftBank backs DigitalBridge with $4Bn to expand its global AI infrastructure network SoftBank is betting big on strengthening its digital infrastructure by acquiring the… Ashutosh SinghDecember 29, 20252 minute read
A.I. Business Global News Nvidia completes $5Bn investment in Intel that will result in co-developed AI chips Intel has completed the sale of 214.78 million common shares to chipmaking… Soumyadeep SarkarDecember 29, 20252 minute read
Business Internet News Startups Zepto confidentially files with SEBI for $1.3Bn IPO: Report Zepto seems to be quietly setting the stage for one of India’s… Ashutosh SinghDecember 27, 20252 minute read
A.I. Business News India’s Coforge is buying US-based Encora in $2.35Bn all-stock deal to expand AI capabilities As the battle for AI and digital engineering intensifies, Indian IT services… Ashutosh SinghDecember 26, 20252 minute read
Acquisitions Business News Security ServiceNow to strengthen cybersecurity capabilities with $7.75Bn Armis acquisition ServiceNow is making a big, expensive bet on cybersecurity. The enterprise software… Ashutosh SinghDecember 23, 20252 minute read
Acquisitions Business News Alphabet is acquiring ‘Intersect’ for $4.75Bn to power its AI infrastructure Alphabet is making a major infrastructure bet to keep pace with the… Ashutosh SinghDecember 22, 20252 minute read
Business China News Nvidia gears up to resume AI chip sales to China from 2026 Nvidia is preparing to start the upcoming year with a resumption in… Soumyadeep SarkarDecember 22, 20253 minute read
Acquisitions Business News Larry Ellison backs Paramount’s $108Bn Warner Bros bid with $40.4Bn personal guarantee The Warner Bros. acquisition deal is taking another twist as Larry Ellison… Ashutosh SinghDecember 22, 20252 minute read
A.I. Business News Coursera to acquire Udemy in $2.5Bn merger that will run an AI-focused learning platform Coursera is making a big bet on consolidation in online education by… Ashutosh SinghDecember 18, 20252 minute read
Acquisitions Business Internet News Warner Bros. urges shareholders to reject $108Bn Paramount bid, with Netflix welcoming the move Warner Bros. Discovery is pushing back against a $108 billion hostile takeover… Ashutosh SinghDecember 17, 20252 minute read
A.I. Business News Intel looks to buy SambaNova for $1.6B as it plays catch up in AI Facing intense pressure from rivals dominating the AI hardware market, Intel is… Ashutosh SinghDecember 13, 20252 minute read
Business Gaming News Dream Sports splits into eight startups as real-money gaming ban forces major pivot Dream Sports, the company behind India’s largest fantasy sports platform Dream11 that… Ashutosh SinghDecember 13, 20252 minute read
A.I. Business News Amazon is committing $35Bn to India’s AI and e-commerce growth Amazon just made a massive bet on India’s tech and e-commerce ecosystem,… Ashutosh SinghDecember 11, 20252 minute read
Business News Startups Social commerce platform Meesho’s stock ends debut day with 50% gains, valued at $8.5Bn Meesho, the latest of Indian tech startups to list on public markets,… Global Staff @ The Tech PortalDecember 10, 20251 minute read
A.I. Business News Microsoft bets $17.5Bn on India’s AI and cloud infrastructure amid global AI rush The global AI race is heating up, and India is emerging as… Ashutosh SinghDecember 9, 20252 minute read