Super.Money, a finance company supported by Flipkart and headed by its founder Prakash Sikaria, has just introduced a credit card that features the collaboration. Its goal is to grow its product line to include six other offerings in the next few weeks, focusing on young people who are working in professional fields. Sikaria announced intentions … Read more
We’re excited to reveal the new version of MoneyX — a high-end, private conference tailored for the most prominent General Partners (GPs), Limited Partners (LPs), Venture Capitalists (VCs), angel investors, and family offices in India. MoneyX 2.0 will unite over 300 of the most influential investors to analyze the trends of funding flow throughout the … Read more
For banking and finance companies, adhering to rules is turning into a more expensive affair. A recent survey shows that 76% of financial services organizations raised their spending on compliance between 2022 and 2023, with the majority citing new regulations as the reason.
Expenses related to financing, totaling $9.7 million, negatively impacted the company’s otherwise impressive year in terms of earnings.
The initial funding round for BigEndian was spearheaded by Vertex Ventures SEA & India and involved contributions from additional key investors. The resources will be allocated to speed up the venture’s quest to develop semiconductors domestically and on the global stage, encompassing its forthcoming system-on-chip (SoC) offering. Established in early 2024, BigEndian is developing semiconductor-based … Read more
Atos – previously recognized as a top European player in the software and technology industry – has been hovering on the edge of bankruptcy in recent times, despite obtaining an important restructuring agreement with lenders and bondholders in June. Atos has updated its yearly 2024 group income projections, now expecting revenues of 9.7 billion euros … Read more
Hey there! Welcome to Indie App Spotlight. This is a weekly podcast on 9to5Mac where we highlight the newest apps from the indie app scene. If you’re an app developer interested in being featured, reach out to us. Exploring Vocabulary with Study Snacks is an attractive and engaging application that aids in expanding your vocabulary, … Read more
According to the Wall Street Journal, NVIDIA is currently in talks about investing in a funding round for OpenAI, with potential valuing the AI company over $100 billion. As of May 2024, OpenAI was believed to be worth around $86 billion. The announcement follows closely after NVIDIA’s outstanding results for the July quarter, during which … Read more
This week, sources revealed that OpenAI is engaging in negotiations to secure another significant funding round, with expectations of surpassing a valuation in the $100 billion-plus range, according to the Wall Street Journal.
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