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September 11, 2023
Arm, the chip designer owned by SoftBank Group Corp, is getting close to securing enough investor support to attain the fully diluted valuation of $54.5 billion it was seeking in its initial public offering (IPO) at the top of its indicated range, and is considering asking investors to value it higher, people familiar with the matter said on Sunday.
September 11, 2023
Byjus has been working with bankers to sell the two assets to strategic investors and the sources told us it has garnered some interest. Simultaneously, it is in talks to raise fresh equity capital, the people added.
September 11, 2023
Senior executives from Google, Intel, Amkor, Marvell, GlobalFoundries and Boeing are attending the Vietnam-U.S. Innovation & Investment Summit, according to a draft agenda that confirms a Reuters report.
September 11, 2023
“Please note that you will be able to access Coinbase.com or Coinbase app until September 25, 2023 and should withdraw funds held in your account by such date,” the email sent on Sunday said. ET has seen the email.
September 11, 2023
The Facebook parent is aiming for its new AI model to be ready next year, the Journal said, adding it will be several times more powerful than its commercial version dubbed Llama 2.
September 11, 2023
Perfios, a B2B SaaS fintech company, has secured $229 million in its Series-D funding round from Kedaara Capital. The funds will be used to support Perfios global expansion plans in North America and Europe, as well as to invest in new technologies to enhance its range of Decision Analytics SaaS products.
September 11, 2023
With a population of 1.4 billion powering the worlds fifth-biggest economy, India is undergoing breakneck technological change, rolling out AI-based systems - in spheres from health to education, agriculture to criminal justice - but with scant debate on their ethical implications, experts say.
September 11, 2023
The funds raised will be used for research and development with a focus on artificial intelligence (AI). It also intends to significantly scale up its SaaS offerings, including TrackWizz Screenzaa, and bring in new products in niche areas of financial crime.
September 11, 2023
The company is offering to repay $300 million of the distressed debt within three months if the amendment proposal is accepted and the remaining amount in the subsequent three months.
September 11, 2023
The United States will argue Google didnt play by the rules in its efforts to dominate online search in a trial seen as a battle for the soul of the Internet. The US Justice Department is expected to detail how Google paid billions of dollars annually to device makers like Apple Inc., wireless companies like AT&T and browser makers like Mozilla to keep Googles search engine atop the leader board.