Yuvraj Malik
Stories by Yuvraj Malik
Microsoft’s downbeat cloud forecast signals AI bet will take longer to pay off
The company has been investing heavily to expand its data centres.
Nvidia-backed CoreWeave raises $7.5b in debt deal led by Blackstone, others
The deal is one of the largest debt financing rounds for a startup.
Baidu beats quarterly revenue estimates on ad recovery, cloud demand
The company reported revenue of 31.51 billion yuan ($4.37 billion) for the three months ended March 31.
Apple announces record $110b buyback as results beat low expectations
The buyback is the largest in the company's history.
Global venture capital investment near 5-year low in Q1: PitchBook data
Investors poured $75.9 billion in the Jan-to-March period, their lowest since Q2 2019.
Alibaba’s grocery unit IPO put on ice amid disappointing valuation
Alibaba said in May that Freshippo's IPO would be completed in six to 12 months.
Alibaba posts strongest quarterly revenue growth in almost two years in Q1
The Chinese e-commerce giant posted first-quarter revenue of $32.29b, up 14% YoY.
India: AI4Bharat researchers to raise $12m from Peak XV, Lightspeed for own startup
The larger-than-usual seed funding round underscores the growing interest in generative AI.
Microsoft-backed ‘Jugalbandi bot’ aims to bridge the language barrier in India with AI
The bot can understand questions in 10 Indian languages.
China’s Baidu beats earnings estimates as chatbot awaits govt approval
It was awaiting regulatory approval to launch its ChatGPT-like Ernie bot.