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1 min read

Ola Electric gets SEBI approval for ₹5,500 crore IPO

Indian electric two-wheeler maker Ola Electric has received approval from the Securities Exchange B…

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1 min read

Nvidia jumps past Microsoft to become the world's most valuable company

Nvidia stock jumped Tuesday amid continued bullishness for the chipmaker even after its 173% rally …

Matthew Fox   


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4 mins read

Microsoft's focus on monetizing its AI investments is a sign of tech's shifting strategy

Microsoft is considering a pricing overhaul of its suite of software tools in a bid to get a return…

Dan DeFrancesco   


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3 mins read

The new power figures in hedge funds do not manage money

The hedge-fund industry's newest rock stars don't manage money. That and more in today's newsletter.

Matt Turner   


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1 min read

Microsoft is about to pump billions more into AI data centers

Microsoft's largest investment in Japan includes AI training for 3 million workers and a $9.9 milli…

Grace Eliza Goodwin   


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2 mins read

Elon Musk's xAI says it just raised $6 billion in funding, pulling in big bucks from Sequoia Capital and Saudi Arabia

Musk said in an X post that the AI startup's pre-money valuation was $18 billion.

Kwan Wei Kevin Tan   


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Saudi Arabia's $100 billion AI and semi-chip fund says it will divest from China if the US asks

"US is the number one market, US is the number one partner, and we hope we can partner more deeply,…

Filip De Mott   


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4 mins read

PM Modi and Bill Gates discuss AI, climate change, millets and more

Gates praised India's technological advancements in Digital public infrastructure (DPI) and its …

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1 min read

Hedge funds are cutting exposure to the Magnificent Seven stocks

Buying proven winners like Microsoft and Nvidia was rewarded last year. But Goldman says a "violent…

Aruni Soni   


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2 mins read

Microsoft and OpenAI plan to build a $100 billion supercomputer to power artificial intelligence: report

Microsoft and OpenAI are planning an unprecedented supercomputer that would use millions of special…

Erin Snodgrass   


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6 mins read

Apple, Zuck, Elon, and the lesson of Microsoft Windows

Apple's EV and goggles. Meta's investment in AI and the metaverse. Tesla's price cuts. These are al…

Alistair Barr   


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2 mins read

A Microsoft-powered medical AI spotted cancer in 11 women where doctors didn't

A medical AI, made by a UK company and running on Microsoft's Azure cloud, helped doctors in Scotla…

Mikhaila Friel   


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2 mins read

The 10 stocks most popular with hedge funds right now, according to Goldman Sachs

Goldman Sachs' VIP hedge fund basket is up 8.7% year-to-date, outpacing the S&P 500's 5.1% return.

Matthew Fox   


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2 mins read

Stocks selected by ChatGPT far outperform UK fund managers

A basket of stocks selected by ChatGPT, a chatbot powered by Artificial Intelligence (AI), has far …

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4 mins read

Startups in 2024: Innovation can't override a profitable bottom line

In 1999, amidst the dot-com frenzy, Warren Buffett's prophetic words at the Allen-Sunny Valley Conf…

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1 min read

EV startup Magenta Mobility raises $40 million in equity and debt

Backed by Microsoft's global startup programme, the company closed $20 million in equity funding le…

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1 min read

Microsoft and OpenAI are in talks to inject $500 million into humanoid robotics startup Figure AI, report says

The tech giants are considering putting up to $500 million into the startup Figure AI, Bloomberg re…

Jyoti Mann   


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1 min read

Fund manager outperforming 96% of peers bets big on AI with Nvidia and Microsoft but avoids Apple, Alphabet and Meta

The tech sector is still attractive overall, "But you have to look at it through different segments…

Filip De Mott   


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5 mins read

Microsoft's $3 trillion market cap milestone is the latest in a string of wins for Big Tech's elder statesman

In today's big story, we're looking at Microsoft notching another big win by briefly reaching a $3 …

Dan DeFrancesco   


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1 min read

Tech stocks helped drive a record $213 billion gain at the world's biggest sovereign wealth fund in 2023

Norway's sovereign wealth fund saw a big boost from tech last year, its CEO said. The fund notched …

Yuheng Zhan