Virginia judge halts proceedings regarding Trump’s $1.8 billion fund due to ongoing lawsuits.
A federal judge in Virginia has temporarily prevented the Trump administration from moving forward with the $1.8 billion “anti-weaponisation…
Intel and Odisha government to establish a $3.3 billion semiconductor materials plant in India.
Intel, 3D Glass Solutions (3DGS), and the Government of Odisha have entered into a memorandum of understanding (MoU) to set up a substrate…
Anthropic achieves a $965 billion valuation following a $65 billion fundraising round.
On Thursday, May 28, Anthropic announced that it raised $65 billion, achieving a post-money valuation of $965 billion. This funding is aimed…
Black Box anticipates a 20% increase in revenue for FY27, supported by a $1 billion order backlog.
Navi Mumbai-based global IT solutions company Black Box is targeting significant revenue growth in FY27, alongside enhancements in…
India and Canada Aim to Finalize Trade Agreement by 2026, Targeting $50 Billion in Bilateral Trade by 2030.
India and Canada aim to finalize a trade agreement by 2026 and increase bilateral trade from approximately $17 billion to over $50 billion by…
LTM poised for significant expansion following Randstad acquisition; European operations set to exceed $1 billion.
A global technology consulting firm specializing in AI and a subsidiary of Larsen & Toubro, based in Mumbai, is aiming for enhanced global…
India’s foreign exchange reserves decrease by $8 billion, totaling $688.894 billion.
India’s foreign exchange reserves fell by $8.094 billion to $688.894 billion for the week ending May 15, according to the Reserve Bank…
Microsoft Negotiates to Provide Anthropic with Tailored AI Chips Following $5 Billion Investment
Anthropic is currently in discussions with Microsoft regarding the use of the software giant’s custom AI chips, as the AI startup seeks…
AMD Plans $10 Billion Investment in Taiwan’s Chip Sector Amid Intensifying AI Competition with Nvidia
AMD, a US manufacturer of AI processors and competitor to the world’s leading company Nvidia, revealed on Thursday that it will invest…
India surpasses 1 billion image creations using ChatGPT Images 2.0, says Sam Altman.
The creation of images using ChatGPT in India has surpassed the 1 billion milestone, as announced by OpenAI CEO Sam Altman on Monday. This…