Business
Intel secures US$2.2 billion in federal grants for chip production
Intel secures US$2.2 billion in CHIPS Act grants to boost U.S. semiconductor manufacturing, with an additional US$5.66 billion pending disbursement.
Business
Tesla earnings day: What to expect from Musk, profits, and AI
Tesla’s earnings report is here, with investors eager for updates on profits, AI, and Musk’s self-driving ambitions. Will Tesla’s future plans impress?
Business
SoftBank set to invest US$500 million in SkildAI robotics startup
SoftBank is set to invest US$500M in robotics startup SkildAI, valuing it at US$4B. AI-powered robotics funding surges with major tech backing.
Business
Reid Hoffman and Siddhartha Mukherjee launch AI drug discovery startup with US$24.6M funding
Reid Hoffman and Siddhartha Mukherjee launch Manas AI, an AI drug discovery startup, raising $24.6M to target cancers with Microsoft's cloud tech.
Business
Retro Biosciences, backed by Sam Altman, aims for US$1 billion to revolutionise ageing
Sam Altman backs Retro Biosciences’ US$1 billion raise to extend lifespan by 10 years, advance longevity technology, and target age-related diseases.
Business
Canoo files for bankruptcy, ending seven years of EV innovation
Canoo, a seven-year-old EV startup, filed for bankruptcy and ceased operations after failing to secure funding.
Business
Perplexity acquires Read.cv, a professional networking platform
Perplexity acquires professional networking platform Read.cv, ending its operations. Users can export data until May 16 as domains shift to Hello.cv.
Business
Amazon to acquire Indian BNPL startup Axio for over US$150M
Amazon is acquiring Indian BNPL startup Axio for over US$150M, strengthening its push into financial services in one of its fastest-growing markets.
Business
Google partners with Indian startup for the world’s largest biochar carbon removal deal
Google partners with Indian startup Varaha in a deal for 100,000 tons of biochar carbon removal credits, promoting sustainable climate solutions.
