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4 mins read

OpenAI is just one piece of the puzzle in SoftBank's grand vision for AI

With a bet on OpenAI, Masayoshi Son will add another piece to the puzzle as he looks to bring sever…

Hasan Chowdhury   


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5 mins read

The investors behind OpenAI's historic $6.6 billion funding round

OpenAI has raised $6.6 billion in a new funding round that's also one of the largest private invest…

Alex Bitter,Ana Altchek,Hasan…   


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3 mins read

What to know about Perplexity, the buzzy — and controversial — AI startup targeting a big funding round

Perplexity has raised hundreds of millions from Jeff Bezos and Nvidia while clashing with top media…

Geoff Weiss   


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1 min read

Saudi Arabia is throwing money at Neom, pushing the value of its Vision 2030 over $1 trillion

Saudi Arabia is still spending big on Neom, its ambitious megacity under construction in the desert.

Beatrice Nolan   


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3 mins read

Trump and Biden agree: The US should finally start a sovereign wealth fund

Momentum on both sides of the aisle is picking up to establish an American sovereign wealth fund th…

Lakshmi Varanasi,Katie Balevic   


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3 mins read

Middle East wealth funds are scrambling to rescue their big bets on the future

The sovereign wealth funds of Saudi Arabia and Abu Dhabi have made big bets on tech firms that now …

Hasan Chowdhury   


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2 mins read

Aereo, India's leading commercial drone solutions startup, secures USD 15 million in Series B funding round

The round saw participation from long-standing investors StartupXseed Ventures and Navam Capital.

ANI   


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OpenAI turmoil is a bad look for its huge funding round, VCs say. 'I would vote with my feet.'

OpenAI is on the verge of closing one of the biggest funding rounds in startup history, but can its…

Darius Rafieyan,Ben Bergman,M…   


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4 mins read

Universal basic income has gone from utopian vision to economic reality. Here's what you need to know about UBI.

Universal basic income is quickly gaining traction, with several trials and some famous proponents …

Theron Mohamed   


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3 mins read

Mutual funds increase their stake in Paytm

Increase in shareholding by domestic investors shows more Indian believe in Paytm's ability to deli…

ANI   


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1 min read

MBS might be ready for some 'tough conversations' about 'recalibrating' Saudi Arabia's Neom and Vision 2030 projects

Saudi Arabia's Crown Prince may be open to discussing whether some Vision 2030 projects should be d…

Beatrice Nolan   


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1 min read

Saudi Arabia will 'downscale' some Vision 2030 projects like Neom amid 'challenges,' minister says

Saudi finance minister said the kingdom was pleased with Vision 2030 progress, but would "change co…

Beatrice Nolan   


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1 min read

Saudi Arabia may stick with its oil cuts as the nation tries to raise more money to fund its lavish spending projects

The Gulf Kingdom has slashed its crude output in recent months, in a bid to drive up benchmark pric…

George Glover   


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3 mins read

SEBI introduces Beta version of optional T+0 settlement cycle; Revolutionizing equity cash markets

According to SEBI, this move comes as a progressive step in the evolution of India's securities mar…

ANI   


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1 min read

JG Chemicals' ₹251-crore IPO to open on March 5, price band at ₹210-221/sh

Zinc oxide manufacturer JG Chemicals on Thursday fixed a price band of Rs 210-221 apiece for its Rs…

PTI   


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3 mins read

The era of the Magnificent 7 is over, says the analyst who invented the term

"This big rising tide of seven names lifting all boats in the stock market is what I see ending. I …

Aruni Soni   


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3 mins read

The era of the Magnificent 7 is over, says the analyst who invented the term

"This big rising tide of seven names lifting all boats in the stock market is what I see ending. I …

Aruni Soni   


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4 mins read

What the latest inflation data means for interest rates

In today's big story, we're looking at what a hotter-than-expected inflation report means for marke…

Dan DeFrancesco