Alphabet reveals $80 billion initiative to fund AI investments.
Alphabet Inc., led by Sundar Pichai, has revealed a plan to raise $80 billion through equity offerings on Monday, June 1. The initiative…
LIC launches fintech division to accelerate digital transformation, considers strategic investments as CEO R. Doraiswamy details IT strategy and prepares for potential stake dilution.
Insurance leader LIC is actively exploring the establishment of a fintech division, either through strategic investments or organic growth, to…
Tech Giants Tackle Rising AI Expenses as Microsoft, Uber, and Meta Reevaluate Investments and Returns
The significant promise of artificial intelligence in enhancing productivity is now encountering a major challenge for tech giants: soaring…
From Jeff Bezos to Sam Altman: Wealthy Individuals Making Significant Investments in Longevity Research
1 / 9 An increasing array of scientists, biotechnology companies, billionaires, and research institutions are pouring resources into longevity…
India considers reducing taxes on foreign bond investments to encourage capital inflows.
India is contemplating a substantial reduction in the taxes imposed on foreign investors holding the nation’s bonds, as officials aim to align…
UC Investments and TVS Venu Group become major co-investors in ₹16,600 crore RCB acquisition consortium.
UC Investments, which manages the University of California’s over $210 billion in retirement and endowment assets, along with the promoter…
Public Sector Banks Aim to Increase IT Investments Due to Cyber Threat from Anthropic Mythos.
Public sector banks are preparing to enhance their IT budgets to strengthen their systems, protect customer information, and secure financial…
Meta CEO Mark Zuckerberg attributes layoffs to AI investments and warns of potential additional cuts.
Meta’s CEO Mark Zuckerberg linked the planned layoffs at the parent company of Facebook to a rise in capital investment for AI, and…
Surge in AI Investments: Tech Giants’ Capital Expenditures Match GDP of Smaller Countries
The drive by Big Tech into artificial intelligence is propelling capital expenditures to unprecedented heights, with AI-related spending…
Alibaba’s Strategic Investments in AI Shopping and Video Align with Analyst Expectations
Shares of the Chinese tech company are poised for their strongest month since January. Alibaba’s stock has surged this month as the…