Tag: Business
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India’s SatSure bags $2.6 million grant to build AI-powered Earth observation models
June 11 : Indian space startup SatSure Analytics secured a 246 million rupee ($2.57 million) grant from the country’s space regulator on Thursday, to develop AI models for Earth observation as part of a wider push towards building sovereign AI capabilities.Governments worldwide are increasingly investing in d
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KKR launches $10 billion AI infrastructure company with Nvidia, Vistra
June 11 : A KKR-led group on Thursday launched a new company with more than $10 billion in committed capital to finance the build-out of AI infrastructure, the latest effort by an alternative asset manager to capitalize on growing demand for AI services.The Kuwait Investment Authority, AI chip giant Nvidia an
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Google in talks with Samsung to make next-generation chips, The Information reports
June 11 : Alphabet’s Google is in talks with Samsung Electronics to manufacture part of its next-generation tensor processing unit, codenamed “Icefish,” The Information reported on Thursday, citing two people familiar with the matter.Reuters could not independently verify the report.
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U.S.-Iran hostilities escalate, Oracle’s fundraising plans, $100,000 colleges and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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SpaceX IPO won’t ‘break’ the bull market. But investors are worried about what comes next
As far as Wall Street is concerned, the stock market has what it takes to absorb the new supply.
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SpaceX soon-to-be millionaires are set to spend big on luxury homes, watches and private jet travel
SpaceX employees have to wait to sell their shares, but many are already planning how to spend their windfalls.
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Stocks making the biggest moves premarket: Oracle, Intel, Applied Materials, Alcoa and more
These are the stocks posting the largest moves in the premarket.
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How family offices are investing in the final frontier beyond SpaceX
Personal investment firms of the ultra-rich are interested in space startups even without Elon Musk’s name attached.
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On brink of IPO, Musk’s SpaceX already a household name, Reuters/Ipsos poll finds
WASHINGTON, June 11 : Even before going public, Elon Musk’s SpaceX has become a household name in America — more widely recognized than legacy Apollo-era companies and even prominent 2028 presidential hopefuls, according to a Reuters/Ipsos poll.For the last decade, SpaceX rockets have regularly returned t
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SpaceX by the numbers: Six charts mapping businesses driving its IPO ambitions
June 11 : SpaceX’s market debut on Friday is expected to be the largest-ever IPO, capping the meteoric rise of a company that has reshaped the space business with reusable rockets and internet beamed from orbit and which now targets space-based AI.Aiming for a $1.75 trillion valuation that would instantly ran
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