Jaspreet Singh
Stories by Jaspreet Singh
AppLovin bids for TikTok in all markets outside of China
AppLovin said in a regulatory filing that its proposal for TikTok is preliminary.
OpenAI to raise $40b in SoftBank-led round at $300b valuation
The funding is contingent on the AI firm transitioning to for-profit by the end of the year.
OpenAI must complete for-profit transition by year-end to raise full $40b
SoftBank can pare funding if OpenAI fails to restructure into a for-profit company.
Nvidia cuts stake in Arm Holdings, discloses position in China’s WeRide
The AI chip giant reported a position of 1.7m shares in China's self-driving startup WeRide.
Xerox to buy printer maker Lexmark from Chinese owners in $1.5b deal
Lexmark was sold to a group of Chinese investors in a $3.6 billion deal in 2016.
AI search engine Perplexity set to raise $500m at $9b valuation: report
The company had raised $73.6m in Series B funding in Jan.
Fundraising by space startups skyrockets as govt spending remains high: Report
Funding for space startups rose to $6.5 billion in the first quarter ended March 31, 2024.
Temu operator PDD Holdings beats revenue estimates as year-end promotions boost sales
Q4 revenue were driven by the robust growth of its global platform Temu and end-of-year sales festivals in China.
Global space startup funding jumps in Q4 2023: report
Space startups raised $17.9b in 2023, according to a report by Space Capital.
