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‘Salesforce invests $500 million in AI innovation’
Trending News
1 day, 22 hours ago

‘Salesforce invests $500 million in AI innovation’

The Hindu  

U.S.-based cloud software firm Salesforce on Thursday said its investment arm, Salesforce Ventures, in the last 18 months has deployed $500 million, half of the $1 billion it committed for AI innovation globally. Although the company didn’t disclose how much of these funds have come to AI start-ups in India, Salesforce chairperson and CEO Arundhati Bhattacharya said India was critical …

India Ai Salesforce Salesforce Ventures
AMD invests in drug-discovery company Absci in push to sell AI chips
3 days, 1 hour ago

AMD invests in drug-discovery company Absci in push to sell AI chips

Live Mint  

Advanced Micro Devices is investing $20 million in Absci, a drug-discovery company based in Washington state, in a move aimed at selling its artificial intelligence chips in the healthcare sector. AMD, which is based in Santa Clara, Calif., said the investment and partnership between the two companies will help reduce hardware costs and optimize AI solutions for Absci. Mark Papermaster, …

Company Drug Ai Nvidia Gpu Amd Mcclain
Space race: Toyota invests $44 million in rocket startup amid Japan govt push for private sector
4 days, 5 hours ago

Space race: Toyota invests $44 million in rocket startup amid Japan govt push for private sector

Live Mint  

The global space race has reignited with private sector push into the space — from Elon Musk's SpaceX to Jeff Bezos' Blue Origin. Japanese Govt Push For Private Participation Notably, the Japanese government has recently made progress to “nurture the country’s private space sector” as the United States launches over 100 rockets annually, China over dozens and India's homegrown missions …

Space Japan Japanese Elon Musk Rocket Toyota Interstellar
Revolution Beauty settles legal claim with disgruntled former shareholder
1 week, 2 days ago

Revolution Beauty settles legal claim with disgruntled former shareholder

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Revolution Beauty has agreed a …

Beauty Revolution Sign Claim Shares Chrysalis Legal Claim
Weaver Services to raise ₹1,000 crore from Premji Invest, Paragon Partners
2 weeks, 3 days ago

Weaver Services to raise ₹1,000 crore from Premji Invest, Paragon Partners

Live Mint  

Bengaluru/Mumbai: Weaver Services Pvt. Ltd, an affordable housing finance company founded by former employees of HDFC Ltd, is in talks to raise about ₹1,000 crores from Premji Invest and Paragon Partners, three people familiar with the matter told Mint. Capital India Home Loans is a subsidiary of Capital India Finance Ltd, a non-deposit taking non-banking financial company, which is focussed …

Finance India Housing Capital Company Crore Invest
Generative AI, data centres to define India’s tech industries in 2025
2 weeks, 3 days ago

Generative AI, data centres to define India’s tech industries in 2025

Live Mint  

New Delhi: India’s technology sector is likely to see generative artificial intelligence and related data applications define client orders, financial growth and technical innovation in 2025. On 19 December, Accenture, the world’s largest technology services outsourcing and consultancy firm and a bellwether for India’s $300-billion IT services sector, disclosed $1.2 billion in net new generative AI deals with businesses worldwide. …

Technology India Tech Services 2025 Ai Businesses
Biden signs defence bill despite objections to ban on transgender health care for military children
Top News
2 weeks, 4 days ago

Biden signs defence bill despite objections to ban on transgender health care for military children

Live Mint  

Washington, President Joe Biden on Monday signed into law a defence bill that authorises significant pay raises for junior enlisted service members, aims to counter China's growing power and boosts overall military spending to USD 895 billion despite his objections to language stripping coverage of transgender medical treatments for children in military families. In the House, a majority of Democrats …

Military Biden Defence Bill
Singapore-based FII invests ₹40 crore through private placement in this IPO-bound company
3 weeks, 1 day ago

Singapore-based FII invests ₹40 crore through private placement in this IPO-bound company

Live Mint  

Stock Market Today: Singapore-based FII, Amansa Investment invests ₹40 crore through private placement in IPO-bound company Standard Glass Lining Technology through private placement. Pre-IPO funding via private placement The Hyderabad based Standard Glass Lining Technology Limited, a manufacturer of specialized engineering equipment for the pharmaceutical and chemical industries. It has secured ₹40 crore through pre-IPO funding via private placement from …

Company Pharmaceutical Chemical Pharma Private Limited Standard
Doctors identify ‘alarming’ new strain of drug-resistant bacteria in Los Angeles
3 weeks, 3 days ago

Doctors identify ‘alarming’ new strain of drug-resistant bacteria in Los Angeles

LA Times  

The CDC has been tracking infections by strains of Shigella bacteria that are impervious to most antibiotics. All three cases had a distinct genetic mutation that made the bacteria resistant to yet another class of antibiotics, the cephalosporins, which are often used to treat Shigella infections when other drugs fail. “We are dealing with a very stealthy pathogen, and it’s …

Bacteria Antibiotics Los Los Angeles Yang Ucla Infections
Trump, SoftBank CEO to announce $100 billion investment in US
Trending News
3 weeks, 4 days ago

Trump, SoftBank CEO to announce $100 billion investment in US

Live Mint  

PALM BEACH, Fla.—Donald Trump and SoftBank Group CEO Masayoshi Son are set to jointly announce on Monday that the company is planning to invest $100 billion in U.S. projects over the next four years, according to a person involved in the event, as the president-elect seeks to project enthusiasm over his return to power. The $100 billion is double what …

Trump Company Son Softbank Billion Invest
Best Mutual Funds 2024: THESE large cap, mid cap, small cap schemes beat the benchmark index in past 1 year
3 weeks, 5 days ago

Best Mutual Funds 2024: THESE large cap, mid cap, small cap schemes beat the benchmark index in past 1 year

Live Mint  

If you are planning to invest in a mutual fund, then it is recommended to examine the past returns of that scheme vis-a-vis other schemes in the same category. Here we list out the schemes which have managed to beat the benchmark returns Large cap funds Large Cap schemes 1-year-return Aditya Birla Sun Life Frontline Equity Fund 24.48 Bandhan Large …

India Index Midcap Fund Funds Small Past
Google invests big in clean energy company as it looks to aggressively expand AI data centres
1 month ago

Google invests big in clean energy company as it looks to aggressively expand AI data centres

Firstpost  

Google, TPG Rise Climate and other backers, are participating in a funding round in Intersect Power worth over $800 million. This move aligns with Google’s strategy to expand its data centre network, driven by a surge in demand for AI and cloud services Google plans to collaborate with Intersect Power and TPG Rise Climate on industrial parks that will combine …

Energy Clean Energy Climate Data Google Power Clean
Only 3% India’s population invests in mutual funds, indicates underpenetration: Motilal Oswal
Trending News
1 month ago

Only 3% India’s population invests in mutual funds, indicates underpenetration: Motilal Oswal

Live Mint  

Mumbai, December 10 : India's capital market has surged significantly over the past four years as the number of demat accounts in the country has surged more than fourfold, reaching 17.9 crore by October 2024, says a report by Motilal Oswal. However, the report highlighted that only 3 per cent of the country's population invests in mutual funds, underscoring the …

India Report Cent Indicates Underpenetration
Elon Musk says Singapore is going extinct. Is it true?
1 month ago

Elon Musk says Singapore is going extinct. Is it true?

Firstpost  

Elon Musk has warned that Singapore and several other nations are headed towards extinction. However, this fertility crisis is not limited to Singapore, as similar trends have been seen in countries like South Korea, Japan, Hong Kong, and China Billionaire businessman Elon Musk has a big warning for Singapore. Singapore’s declining birth rates rank among the world’s lowest, with South …

India Singapore China Japan Population South Korea Musk
NPS Vs PPF: Choosing The Right Retirement Plan For Your Future
1 month, 1 week ago

NPS Vs PPF: Choosing The Right Retirement Plan For Your Future

ABP News  

NPS Vs PPF: As retirement planning gains importance, consistent investments over the years have become the cornerstone of creating a robust financial corpus. PPF suits those seeking low-risk, guaranteed returns, while NPS offers higher growth potential through diversified market-linked investments. Both plans offer tax benefits under Section 80C of the Income Tax Act, though NPS allows an additional deduction of …

Retirement Tax Indian Nps Ppf Section 80C Guaranteed Returns
In Specific Performance Suits, Advisable To Seek Interim Injunction Against Sale; Doctrine Of Lis Pendens May Not Be Good Enough : Supreme Court
1 month, 1 week ago

In Specific Performance Suits, Advisable To Seek Interim Injunction Against Sale; Doctrine Of Lis Pendens May Not Be Good Enough : Supreme Court

Live Law  

The Supreme Court recently explained the importance of seeking an interim injunction in a suit for specific performance over simply relying on Section 52 of the Transfer of Property Act, 1882. In a suit wherein the plaintiff prays for specific performance and if the defendant is not restrained from selling the property to a third party and accordingly a third …

Supreme Court Property Court Specific Performance Order Transfers Rule
Australia's Future Fund invests in the global arms industry. Are the returns worth it?
1 month, 1 week ago

Australia's Future Fund invests in the global arms industry. Are the returns worth it?

ABC  

Are we comfortable with this arrangement? For example, do they know the Future Fund currently holds more than half a billion dollars worth of shares in weapons manufacturers and war-related companies, and that the value of many of those shares has increased dramatically in the last year, helping to support the fund's financial "performance"? In December last year, following a …

Global Future Nuclear Weapons Companies Production Gaza Israel
How to keep the FIRE burning.
1 month, 2 weeks ago

How to keep the FIRE burning.

Live Mint  

Financial experts came together at the Mint Money Festival 2024 to discuss FIRE, how to execute it, and things to look out for along the way. Don't overdo equities When it comes to accumulating a meaningful corpus for retirement, Manish Gunwani, head of equities at Bandhan Mutual Fund, warned people to be careful of equity volatility. “The risk today is …

Retirement Fire Money Equities
3 reasons your investments are failing
1 month, 2 weeks ago

3 reasons your investments are failing

Live Mint  

Over 70% of retail investors lose money in the stock market. Most self-guided investors, despite investing for a long time, lose money because they don't understand these 3 key aspects: Allocation : You don’t allocate assets wisely : You don’t allocate assets wisely Risks : You are exposed to avoidable risks : You are exposed to avoidable risks Strategy: You …

Market Wealth Investment Stock Investors Reserve Portfolio
Amazon Invests an Additional $4 Billion in AI Firm Anthropic
1 month, 2 weeks ago

Amazon Invests an Additional $4 Billion in AI Firm Anthropic

Deccan Chronicle  

Amazon is investing an additional $4 billion in artificial intelligence startup Anthropic, boosting its stake in one of OpenAI’s chief rivals. That deal included provisions that Anthropic use Amazon Web Services data centers for some of its computing needs, as well as AWS-designed AI chips. The latest investment “establishes AWS as our primary cloud and training partner,” Anthropic said in …

Investment Amazon Google Billion Ai Openai Claude
Meta removed 2 million accounts linked to pig butchering scams: Know what it is and how it works
1 month, 2 weeks ago

Meta removed 2 million accounts linked to pig butchering scams: Know what it is and how it works

India Today  

Meta has taken a major step against online scams by removing over two million accounts involved in something called "pig butchering" scams. These scams are elaborate fraud schemes where criminals build fake relationships online to trick people into investing money in bogus plans, often involving cryptocurrency. How the scam works –Scammers send a friendly message or create fake profiles on …

Scams Victim Scam Meta Pig Butchering
The Future Fund has become a political football. What is it, and what's changing?
Trending News
1 month, 3 weeks ago

The Future Fund has become a political football. What is it, and what's changing?

ABC  

The federal government's decision to direct the Future Fund to invest more in housing and green energy was always going to ruffle feathers. The government put $60.5 billion into a fund, the Future Fund, in part to ensure it could meet financial obligations like the payment of public service pensions, but also broadly so that it would have money saved …

Future Fund Invest Return Future Fund Treasurer Costello
McDonald's invests $100 million in marketing to rebuild trust after E. coli outbreak
1 month, 3 weeks ago

McDonald's invests $100 million in marketing to rebuild trust after E. coli outbreak

Salon  

Following a recent E. coli outbreak, McDonald’s is launching a $100 million marketing campaign and providing more than $60 million in support to franchisees in affected states, according to Jordan Valinsky at CNN. McDonald’s also announced that recent tests showed no E. coli in its food, and its Quarter Pounder burgers topped with slivered onions are now back on menus …

Rebuild Trust
How working abroad gives young Indians a headstart in creating wealth back home to secure financial growth and stability
1 month, 3 weeks ago

How working abroad gives young Indians a headstart in creating wealth back home to secure financial growth and stability

Live Mint  

As a 27-year-old, Bivin Sonthalia already owns three apartments in Kolkata, two funded by him and the third bought jointly with his brother. Initially, I used to get ecstatic looking at the absolute rupee amount, thinking how long it would take me to save this much working in India," said Sonthalia. “My rupee salary is lower after moving back, but …

India Financial Savings Tax Indian Currency Gupta