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SoftBank to Invest $500 Million in OpenAI: Report

Japanese telecom company SoftBank's Vision Fund will invest $500 million (roughly Rs. 4,190 crore) in OpenAI's latest funding round, The Information reported on Monday, citing a person familiar… Read More

Meesho Eyes Threefold Growth in Festive Season Orders: Details

SoftBank-backed Meesho aims for three-fold growth in orders in the upcoming festive season as it will leverage Meesho Mall for… Read More

Ola Electric Eyes $700 Million IPO Filing by End of October: Details

India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) IPO before… Read More

Softbank-Owned Chip Firm Arm Valued at $54.5 Billion in Year’s Biggest IPO

Chip designer Arm Holdings secured a $54.5 billion (roughly Rs. 4,52,121 crore) valuation in its US initial public offering (IPO)… Read More

Paytm’s Parent Firm share Ended 1 Percent Higher Day After Falling Sharply

Shares of One97 Communications, Paytm's parent firm on Friday ended over 1 percent higher, a day after falling sharply.In morning trade,… Read More

Ola Electric CEO Bhavish Aggarwal Says Scooter Fires Rare

There may be more fires in electric scooters in the future but such incidents are very rare, the chief executive… Read More

Bear Robotics Raises $81 Million for Waitering Robot Rollout

SoftBank-backed food service robot startup Bear Robotics has raised $81 million (roughly Rs. 616 crore) in a Series B funding… Read More

Nvidia Arm deal has been called off; SoftBank is now aiming to take Arm public | Digit

This deal with SoftBank Group (Arm’s owner) was announced back in the fall of 2020 with the proposed goals of… Read More

Tesla, Cruise, Other Self-Driving Car Companies Zoom Ahead in US

Self-driving vehicle companies from Tesla to General Motors' Cruise are racing to start making money with their technology, outrunning efforts… Read More

NFT Gaming Firm ‘The Sandbox’ Raises $93 Million From Investors

The Sandbox, a Hong Kong-based gaming platform that allows users to build a virtual world using NFTs, has raised $93… Read More