Nvidia, a powerhouse in the tech industry, has been making waves with its recent partnership initiatives. One such collaboration that has caught the attention of many is the strategic alliance between Nvidia Corporation and Taiwan Semiconductor Manufacturing Co. (TSMC). The driving force behind this move was none other than Nvidia’s visionary CEO, Jensen Huang. Picture
Self-driving technology is taking the world by storm, and Chinese autonomous truck startup, Inceptio Technology, is at the forefront. With plans to go public in the United States through an Initial Public Offering (IPO), the company has raised an impressive $188 million in a recent series B+ equity financing round jointly led by Sequoia Capital
Blinkit, a delivery subsidiary of Zomato, faced a significant setback in the third quarter as its losses widened to $11 million due to ambitious expansion strategies. The company’s consolidated net income fell short of market expectations, standing at $6.8 million. Challenges Faced by Blinkit The ultra-fast grocery delivery service recorded an adjusted EBITDA loss of
Electric vehicles have been all the rage, and one company that has been at the forefront of this movement is Tesla. Founded by Elon Musk, Tesla has captured the imagination of consumers worldwide with its sleek designs, cutting-edge technology, and eco-friendly ethos. However, recent research suggests that all might not be well in the world
American users find themselves exploring a whole new social media world on Xiaohongshu, also known as RedNote in English. This shift comes as a response to the impending TikTok ban in the US. The platform has witnessed an influx of over 700,000 new users within one week, catapulting it to the position of the most
Chinese ride-hailing behemoth Didi Global made waves recently as one of its founding members, Jean Liu, announced her resignation from the prestigious positions of president and board director. This news rippled through tech circles globally, sparking intrigue and speculation about the company’s future. Key Points: – Jean Liu was instrumental in steering Didi through significant
President Trump has taken a significant step regarding the future of TikTok by signing an executive order to delay the app’s ban for 75 days. This decision comes amidst ongoing discussions and negotiations involving various stakeholders, including ByteDance, the parent company of TikTok. ByteDance Promotes Lemon8 as Potential TikTok Alternative In response to concerns surrounding
Why Singapore digital banks can’t stop at banking In the bustling city-state of Singapore, a new wave of digital banks is revolutionizing the financial landscape. These innovative banks, including GXS, MariBank, and Trust, are not just stopping at traditional banking services; they are pushing boundaries and redefining what it means to be a bank in
Investing in tech startups can be a risky yet rewarding endeavor, especially when venture capital firms like the US-based one in question allocate substantial funds towards budding companies. The recent launch of a $50 million fund specifically tailored for Indian tech startups has sparked interest and curiosity among investors and industry experts alike. Exploring Endowus’