SBI Funds Management Ltd., which is India's largest asset management company, is looking into launching an initial public offering (IPO) on the Mumbai Stock Exchange during the first half of 2026, as reported by Bloomberg, based on information from sources. The IPO could raise up to $1.2 billion,...

Elon Musk's U.S.-based artificial intelligence company, xAI, has secured $15 billion in funding from investors in its most recent funding round, according to CNBC, which is referencing sources. The majority of the funds are expected to be used to buy graphics processing units (GPUs), which are...

Japan's Marubeni is moving towards investments that are less connected to global trade, according to Chief Executive Officer Masayuki Omoto, as reported by the Financial Times. The long-term trend toward a divided global economy, influenced by high import tariffs introduced by US President Donald...

Retailers in the U.S. this year are loudly promoting Thanksgiving meal bundles at historically low prices, projecting relief for households under inflationary pressure. Yet beneath the headline savings lies a careful recalibration of product mix, branding and item counts—raising important questions...

Investment into global subsea fibre-optic infrastructure is surging — not simply to carry more video or streaming, but because the artificial-intelligence era is shifting the very nature of connectivity. The vast network of undersea cables that has long underpinned the internet is now stepping into...

Elon Musk has once again redefined corporate convention. In a decisive show of confidence, Tesla’s shareholders voted overwhelmingly to approve a $1 trillion compensation plan for the billionaire CEO — the largest pay package in corporate history. The vote, held at Tesla’s annual meeting in Austin,...

Elon Musk's aerospace company, SpaceX, is buying spectrum licenses from EchoStar Corp. for $2.6 billion. The payment will be made using SpaceX shares, as stated by EchoStar. The deal will happen once all the necessary regulatory approvals are in place. The new agreement comes after a previous...

American chipmaker Advanced Micro Devices Inc. (AMD) reported a significant rise in its net profit for the third quarter, increasing by more than 1.6 times, and revenue grew by 36%, both surpassing what analysts expected. In its press release, the company stated that its net profit for the quarter...

Amazon’s landmark $38 billion partnership with OpenAI marks a pivotal turn in the company’s technological trajectory — and perhaps the clearest evidence yet that it no longer trails its Silicon Valley peers in artificial intelligence. Long seen as an e-commerce titan and cloud computing pioneer...