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BUSINESS

Nvidia, Microsoft and BlackRock team up for $40bn Aligned Data Centers acquisition

In a gigantic $40 billion deal, a consortium of global investors — including Nvidia, Microsoft, BlackRock, and Elon Musk’s xAI — has agreed to acquire Texas-based Aligned Data…

SOUMYADEEP SARKAR — 2 MIN READ
Nvidia, Qualcomm back India’s deep-tech drive
BUSINESS

BlackRock plans to raise $400Bn and double valuation to $280Bn by 2030

BlackRock has announced plans to raise $400 billion for private market investments by 2030. This is part of a long-term strategy to grow its presence in areas like…

ASHUTOSH SINGH — 2 MIN READ
BlackRock fundraising
A.I.

Musk’s xAI and Nvidia join Microsoft-BlackRock’s $30Bn ‘AI Infrastructure Partnership’

Nvidia and Elon Musk’s xAI have joined the AI Infrastructure Partnership (AIP), a consortium backed by Microsoft, BlackRock, and Abu Dhabi’s MGX, aiming to invest over $30 billion…

ASHUTOSH SINGH — 2 MIN READ
A.I.

BlackRock, Microsoft, others unveil new $100Bn AI infrastructure fund with an initial $30Bn commitment

BlackRock, Microsoft, along with Global Infrastructure Partners and MGX, have now announced plans to launch a new fund aimed at supporting the rapidly growing artificial intelligence (AI) industry.…

SOUMYADEEP SARKAR — 3 MIN READ
Microsoft fixes zero-day exploits
BUSINESS

BlackRock to make India comeback through ‘Jio Blackrock’, a new asset management venture with Reliance’s Jio

In a deal that would put India’s investment sector abuzz, BlackRock is making a comeback to the Indian market, and it is doing so via a partnership with…

SOUMYADEEP SARKAR — 2 MIN READ
Jio logo on Sim Card Packets
NEWS

Byju’s valuation gets a 62% mark down from Blackrock, now valued at $8.4Bn

In a sign of the intensifying funding winter and challenging macroeconomic conditions, edtech major Byju’s got its valuation marked down by yet another investor, by a massive 62%…

SOUMYADEEP SARKAR — 2 MIN READ
Raveendran alleges misconduct as Byju’s struggles.
SINGAPORE

Qatar Investment Authority approaches banks to finance $2m for its acquisition of Asia Square 1

Qatar Investment Authority (QIA) has approached banks to finance $2 Million for its purchase of Asia Square 1 of Singapore. The announcement of the deal was made a week…

KAJAL JOSHI — 1 MIN READ
NEWS

Uber is planning to raise fresh funding at a whopping $25 B valuation

Uber, the extremely popular mobile transportation company, is planning to raise fresh funds, at a $25 Billion valuation, <Re/code> reported. The company is already pretty cash-rich at the moment,…

DEEPANSHU KHANDELWAL — 1 MIN READ
Uber, Travis Kalanick

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