Browsing: billion

The valuation of social networking startup ShareChat has fallen below $2 billion from nearly $5 billion after a new round of funding, a source familiar with…

The US Department of Commerce he said on Monday that it signed an agreement to award Taiwan Semiconductor Manufacturing (TSMC) $6.6 billion in direct funding under…

Lithium-ion batteries have transformed the global economy, powering everything from smartphones and laptops to electric vehicles, e-bikes and more. But while costs have plummeted over the…

As US lawmakers consider a possible ban on TikTok, the ByteDance-owned short-form video app has launched economic impact report on Thursday. In it, the company touts…

Flipkart co-founder Sachin Bansal is in talks to raise capital for his newest Indian fintech startup Navi. Bansal is in talks with investors to raise about…

Sam Bankman-Fried, co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, was sentenced to 25 years in prison by Southern District of…

Amazon invested an additional $2.75 billion in growing AI powerhouse Anthropic on Wednesday, following an option it left open last September. The $1.25 billion he invested…

Long before President Joe Biden signed the CHIPS and Science Act into law in August 2022, Intel was a cornerstone of US efforts to increase domestic…

In June 2023, Inflection announced that it had raised $1.3 billion to build what it called “more personal artificial intelligence.” The main investor was Microsoft. Today,…

The UK has left the European Union, but semiconductor development is emerging as one of the areas where it hopes to work together for better economies…