All articles by Shivam Mishra
Shivam Mishra
Microsoft announces $3.2bn AI and cloud investment in Australia
The investment is expected to enable Microsoft to meet the demand for cloud computing services in Australia.
DTCC to acquire blockchain-based fintech Securrency
Securrency provides digital asset infrastructure for institutions to support trading, settlement and servicing of digital assets and securities.
Reliance considers acquisition of Israel’s Tower Semiconductor
The latest development comes after Intel scrapped the $5.4bn deal to acquire Tower Semiconductor.
OpenAI weighs share sale at $86bn valuation
If the deal goes through, it will place OpenAI among one of the world’s most valuable companies.
Cybersecurity software provider SecureW2 raises $80m from Insight Partners
The company will use the funding to expand operations, hire new staff and augment its software providers’ security platform.
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NVIDIA and Foxconn partner to build AI systems
NVIDIA said the partnership will begin with the development of AI factories.
Chinese AI startup Baichuan raises $300m in funding
Baichuan was established in April 2023 by Wang Xiaochuan and is now valued at $1bn.
Chip equipment company Kokusai Electric raises $724m in IPO
The company set its IPO price at Y1,840 ($12.29) per share, which valued it at Y423.9bn ($2.83bn).
Jobs platform LinkedIn announces second round of layoffs this year
The redundancies will impact roles across the company’s engineering, talent, product, and finance teams.
Russian technology company Astra raises $36m in IPO
Astra is said to hold a key position in the Russian OS market with its Astra Linux OS.