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Investment
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Amazon To Invest Up To $4 Billion in Anthropic, A Rival to ChatGPT Developer, OpenAI
In recent times, the e-commerce giant, Amazon, has actively pursued and invested in AI technologies. Like many other…
SoftBank’s Q1 Earnings Report: Investment Gains Amidst Surprise Loss
Japanese tech conglomerate SoftBank has made waves in the financial world with its unexpected first-quarter loss covering April-June.…
iPhone Maker, Foxconn, To Invest $600m Into Phone And Chip Project In India
Taiwanese electronics giant Foxconn is making substantial investments in India, totalling more than $600 million, to bolster its…
Amazon Plans To Invest Another $15b In India By 2030
Amazon, the e-commerce giant, has announced its intention to significantly increase its influence in the Indian market by…
Microsoft Is Reportedly Set To Invest $10 Billion In ChatGPT’s Creator
Microsoft is reportedly in talks to invest $10 billion in OpenAI, the startup behind ChatGPT, the popular AI…
Venture Capital Investments In Crypto Companies Are Down 26 Percent In H1 2022 Compared To H1 2021
According to data provided by Crunchbase, venture capital investments in cryptocurrency companies are down 26 percent in the…
South African Crypto-focused Company H20 Water Securities Secures $150 Million Funding Via The Sale Of Its H20N Token
South African cryptocurrency-focused company H20 Water Securities has raised $150 million through the sale of its native token…
Africa’s Payments Giant Interswitch Receives $110 Million Joint Investment From LeapFrog Investments And Tana Africa Capital To Scale Operations
Interswitch has received a joint investment of $110 million from Leapfrog Investments and Tana Africa Capital. The announcement…
Alibaba Leads AR Glasses Maker Nreal’s $60 Million Investment, Making An Entry Into The Metaverse
On Wednesday, e-commerce giant Alibaba led a $60 million investment in Augmented Reality glasses maker Nreal. The investment…
India’s Social Commerce DealShare Secures $45 Million For Expansion Plans
Jaipur-headquartered social commerce company DealShare has secured a $45 million investment from the Abu Dhabi Investment Authority. The…