The Indian billionaire highlighted during Reliance’s annual general meeting that JFS intends to further widen its financial services with global partners including Blackrock.
The company said the acquisition is expected to enhance its market share and foster synergy with its existing products, ultimately boosting its overall competitiveness.
With the infusion of assets and insights from Didi, Xpeng is seizing the opportunity to develop an affordable electric car under a new mass market brand, codenamed “MONA”.
Huge stock selling for the China’s Evergrande Group trigged on Monday, as trading for the stock started a month after the real estate giant filed for the US bankruptcy.
Alibaba revealed its intention to provide the two AI models as open-source solutions to the global community.
Watches of Switzerland Group has undergone rapid expansion in recent times, establishing itself as a dominant force in the global market.
Gap Inc’s new CEO Richard Dickson took over after the company reported an 8 percent drop in sales in Q2 to $3.55 billion, compared with $3.86 billion a year earlier.
Hugging Face provides various tools with AI code for data science hosting and development. The startup plans to use fresh funds for further expansion.
The flipside to Nvidia’s triumph is the ongoing struggle of its AI competitors.
The news of Sony agreeing to acquire Audeze came to light shortly after the company announced two new wireless PlayStation audio devices.
In the face of changing dynamics for China’s tech giants, Meituan has demonstrated a commitment to strategic expansion into adjacent sectors.
Tokens related to AI all rose after Nvidia’s report, and are likely to continue reaping from institutional interest in artificial intelligence.
While the acquisition details were not mentioned in the press release, the two companies plan to combine their strengths to bolster their footprints in the industry.
Driven by the high demand for AI products, Nvidia reported a significant increase in revenue and expects exponential growth ahead.
Amid the market realities, the marketing department at Nike noted that the low patronage of Foot Locker could be weighing on the sneaker giant’s shares.