Toyota keeps betting on hybrid vehicles in the US
Toyota announced a $912 million investment to boost hybrid vehicle production in U.S. factories, aligning with its $10 billion plan for American operations. The move addresses market demands amid...
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Pine Labs gets warm market welcome on $440M India IPO despite a valuation trim
Pine Labs, a payment technology company backed by PayPal and Mastercard, successfully launched its $440 million IPO in India, closing the first day of trading 14% higher despite a...
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Milestone raises $10M to make sure AI rhymes with ROI
Milestone, an Israeli startup, has raised $10 million in seed funding to help companies track the impact of generative AI on their coding workflows. The company’s platform links AI...
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The AI Boom Is Fueling a Need for Speed in Chip Networking
The AI boom is driving a surge in demand for faster networking technologies, particularly in chip manufacturing and data centers. As AI data centers become more prevalent, chip makers...
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Data centers now attract more investment than finding new oil supplies
Data centers are now receiving more investment than new oil supplies, with global spending projected to reach $580 billion this year. A report by the International Energy Agency highlights...
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SoftBank’s Nvidia sale rattles market, raises questions
SoftBank founder Masayoshi Son has sold his entire $5.8 billion Nvidia stake, signaling a major shift in his investment strategy. The move comes after a long history of bold...
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The circular money problem at the heart of AI’s biggest deals
A new joint venture between SoftBank and OpenAI, named Crystal Intelligence, aims to expand enterprise AI tools in Japan. This deal, however, has sparked debates about whether AI investments...
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SoftBank is back, and the AI hype cycle is eating itself
SoftBank and OpenAI have formed a 50-50 joint venture in Japan to sell enterprise AI tools under the brand ‘Crystal Intelligence.’ This deal has sparked debates about whether AI...
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