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Some US Banks Explore Venturing into Crypto with Joint Stablecoin: Report
Some of the largest banks in the US are exploring whether to team up to issue a joint stablecoin. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and other large commercial banks are reportedly part of the discussions.
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India Approves HCL-Foxconn Joint Venture Semiconductor Unit
India's cabinet has approved a new semiconductor plant, a joint venture between HCL Group and Taiwan's Foxconn. The plant will be located near the Jewar airport in the northern state of Uttar Pradesh.
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Cabinet Clears ₹3,706 Crore HCL-Foxconn Chip Plant In UP's Jewar
The Union Cabinet on Wednesday approved a Rs 3,706 crore semiconductor plant at Jewar in Uttar Pradesh, to be set up by the HCL-Foxconn joint venture to manufacture display driver chips for mobile phones, laptops, and automobiles.
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Volkswagen Developing New Autonomous Driving System For Chinese Market
Volkswagen's CARIZON, a joint venture between its software subsidiary Cariad and China's Horizon Robotics, has developed the carmaker's first inhouse automated driving system, it said on
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Intel, TSMC Tentatively Agree to Form Chipmaking Joint Venture: Report
Intel and Taiwan Semiconductor Manufacturing Co have reportedly reached a preliminary agreement to form a joint venture. TSMC, the world's largest contract chipmaker, will take a 20 percent stake in the new company.
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Renault To Acquire Nissan's Stake In India Joint Venture
Renault will have full control of the joint venture's manufacturing plant in Chennai.
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ONGC-NTPC Green Joint Venture Acquire Ayana For Rs 6,248.50 Crore
The acquisition was completed on March 27 for a cash consideration of Rs 6,248.50 crore at Rs 23.22 per share, NTPC Green Energy Ltd said.
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Amazon Takes Creative Control Of James Bond Franchise: Statement
Amazon MGM Studios will take creative control of the James Bond franchise following a landmark joint venture agreement with longtime producers Michael G. Wilson and Barbara Broccoli, the parties announced Thursday.
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Reliance-Disney Said to Stop Completely Free IPL Cricket Streaming in India
The Reliance-Disney joint venture will no longer offer completely free streaming for IPL cricket matches. The decision to change the terms of streaming the Indian Premier League (IPL) comes after Indian billionaire Mukesh Ambani's Reliance and Walt Disney combined their India media assets in an $8.5 billion (roughly Rs. 73,787 crore) merger last y...
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JioCinema Merges With Disney Hotstar, Launches JioStar
JioStar, the newly formed joint venture by the merger of Viacom18 and Star India, on Friday announced the launch of JioHotstar by bringing together JioCinema and Disney Hotstar streaming platforms.
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JioHotstar May Launch Soon; JioStar Reportedly Shares Teaser for Viacom18, Star India’s Joint Venture Platform
JioHotstar, the speculated new platform emerging from the joint venture between Reliance and Disney Star, could reportedly launch soon. As per a report, the social media page of JioStar made a cryptic post hinting at the launch of the new over-the-top streaming platform that will combine JioCinema and Disney+ Hotstar. Separately, several users have...
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SoftBank, OpenAI Announce Joint Venture To Offer AI For Companies
Japan's SoftBank Group will form a joint venture with US tech giant OpenAI to offer advanced artificial intelligence to businesses, the two companies announced on Monday.
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SoftBank Said to Be in Talks to Invest Up to $25 Billion Into OpenAI
SoftBank could invest $15 billion (roughly Rs. 1,29,880 crore) to $25 billion (roughly Rs. 2,16,450 crore) directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, a person familiar with the matter has said.
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Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
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Donald Trump Waves Off Criticism From Elon Musk On $500 Billion AI Project
US President Donald Trump announced on Tuesday that ChatGPT's creator OpenAI, SoftBank, and Oracle are planning a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs.
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Some US Banks Explore Venturing into Crypto with Joint Stablecoin: Report
Some of the largest banks in the US are exploring whether to team up to issue a joint stablecoin. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and other large commercial banks are reportedly part of the discussions.
-
India Approves HCL-Foxconn Joint Venture Semiconductor Unit
India's cabinet has approved a new semiconductor plant, a joint venture between HCL Group and Taiwan's Foxconn. The plant will be located near the Jewar airport in the northern state of Uttar Pradesh.
-
Cabinet Clears ₹3,706 Crore HCL-Foxconn Chip Plant In UP's Jewar
The Union Cabinet on Wednesday approved a Rs 3,706 crore semiconductor plant at Jewar in Uttar Pradesh, to be set up by the HCL-Foxconn joint venture to manufacture display driver chips for mobile phones, laptops, and automobiles.
-
Volkswagen Developing New Autonomous Driving System For Chinese Market
Volkswagen's CARIZON, a joint venture between its software subsidiary Cariad and China's Horizon Robotics, has developed the carmaker's first inhouse automated driving system, it said on
-
Intel, TSMC Tentatively Agree to Form Chipmaking Joint Venture: Report
Intel and Taiwan Semiconductor Manufacturing Co have reportedly reached a preliminary agreement to form a joint venture. TSMC, the world's largest contract chipmaker, will take a 20 percent stake in the new company.
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Renault To Acquire Nissan's Stake In India Joint Venture
Renault will have full control of the joint venture's manufacturing plant in Chennai.
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ONGC-NTPC Green Joint Venture Acquire Ayana For Rs 6,248.50 Crore
The acquisition was completed on March 27 for a cash consideration of Rs 6,248.50 crore at Rs 23.22 per share, NTPC Green Energy Ltd said.
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Amazon Takes Creative Control Of James Bond Franchise: Statement
Amazon MGM Studios will take creative control of the James Bond franchise following a landmark joint venture agreement with longtime producers Michael G. Wilson and Barbara Broccoli, the parties announced Thursday.
-
Reliance-Disney Said to Stop Completely Free IPL Cricket Streaming in India
The Reliance-Disney joint venture will no longer offer completely free streaming for IPL cricket matches. The decision to change the terms of streaming the Indian Premier League (IPL) comes after Indian billionaire Mukesh Ambani's Reliance and Walt Disney combined their India media assets in an $8.5 billion (roughly Rs. 73,787 crore) merger last y...
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JioCinema Merges With Disney Hotstar, Launches JioStar
JioStar, the newly formed joint venture by the merger of Viacom18 and Star India, on Friday announced the launch of JioHotstar by bringing together JioCinema and Disney Hotstar streaming platforms.
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JioHotstar May Launch Soon; JioStar Reportedly Shares Teaser for Viacom18, Star India’s Joint Venture Platform
JioHotstar, the speculated new platform emerging from the joint venture between Reliance and Disney Star, could reportedly launch soon. As per a report, the social media page of JioStar made a cryptic post hinting at the launch of the new over-the-top streaming platform that will combine JioCinema and Disney+ Hotstar. Separately, several users have...
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SoftBank, OpenAI Announce Joint Venture To Offer AI For Companies
Japan's SoftBank Group will form a joint venture with US tech giant OpenAI to offer advanced artificial intelligence to businesses, the two companies announced on Monday.
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SoftBank Said to Be in Talks to Invest Up to $25 Billion Into OpenAI
SoftBank could invest $15 billion (roughly Rs. 1,29,880 crore) to $25 billion (roughly Rs. 2,16,450 crore) directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, a person familiar with the matter has said.
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Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
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Donald Trump Waves Off Criticism From Elon Musk On $500 Billion AI Project
US President Donald Trump announced on Tuesday that ChatGPT's creator OpenAI, SoftBank, and Oracle are planning a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs.
