Meta, the tech giant led by Mark Zuckerberg, is reportedly discontent with the financial drain caused by its VR/AR division. Despite efforts to reduce spending, the company is forging ahead with plans…
Tag: Investment
Why Practicing The Drive Test Routes Is Worth The Investment: A Startup’s View
Facing the driving test can be tough. Many people fail their G & G2 driving tests the first time. Out of all test-takers, a big chunk doesn’t pass. This shows it’s not…
Abu Dhabi Investment Authority buys more shares in Purplle leading $120 Mn funding round
With an investment of Rs 1,000 crore, or roughly $120 million, the Abu Dhabi Investment Authority (ADIA) has increased its interest in Purplle, an online retailer of beauty and personal care items….
Ex-Meta Scientists Launch EvolutionaryScale with $142M Investment to Unveil Next-Gen AI Model for Protein Design Ex-Meta Scientists Launch EvolutionaryScale with $142M Seed Round, Unveil Next-Gen AI Model for Protein Design
A new startup, EvolutionaryScale, has made a significant entrance into the biotech industry with a remarkable $142 million seed funding round. This funding aims to support the development of advanced AI models…
France Attracts Record $5.6 Billion Investment from Microsoft and Amazon
President Macron Welcomes Global CEOs at “Choose France” Summit France has achieved a significant milestone, securing a staggering 15 billion euros ($16.17 billion) in foreign investments. President Emmanuel Macron played host to…
Amazon to invest nearly $9 bln to grow cloud infra Amazon's Massive Cloud Infrastructure Investment in Singapore
The tech landscape in Southeast Asia is witnessing a surge in investments from global tech giants, with Amazon leading the charge. Amazon Web Services (AWS) recently announced a staggering S$12 billion investment…
Microsoft invests $1.5 Billion in Middle Eastern AI startup Microsoft's Strategic Investment in G42
Microsoft’s recent announcement of a $1.5 billion investment in United Arab Emirates-based artificial intelligence firm G42 marks a significant milestone in the global tech landscape. Let’s explore the implications of the investment…
Elon Musk will announce Tesla’s investment plans in India, will meet PM Modi
Elon Musk, the CEO of Tesla Inc., has officially announced his trip to India, igniting curiosity and conjecture on the electric vehicle manufacturer’s intentions in the nation. The possible effects of Tesla’s…
Microsoft Plans to Invest $2.9 Billion into AI data Centers in Japan, Nikkei says Microsoft's Ambitious Investment in AI Data Centers: Transforming Japan's Technological Landscape
Microsoft announced a $2.9 billion investment in AI data centers in Japan marking a significant step towards growing the country’s technological infrastructure. Let’s delves into the features of Microsoft’s ambitious investment plan,…
Google Takes Legal Action Against Alleged Crypto Investment App Scammers Unveiling the Alleged Scam
Google has filed a lawsuit against two Chinese nationals in a New York federal court, alleging their involvement in a scheme to defraud users through fake cryptocurrency investment applications distributed via the…