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Oil prices fell slightly on news that Tehran made a new proposal to reopen the Strait of Hormuz, which Iran’s foreign minister said could unblock the key trading route within a week and restart talks to end the war. The proposal builds on an earlier agreement to extend a ceasefir
Tim’s view We should probably talk less about data centers. That might sound like blasphemy, and also hypocritical, given how often I do exactly that. To be clear, the challenges have barely begun: What we’re seeing being built today is only a small fraction of the data center ca
Tesla is finally handing over the first of its all-electric Semi trucks to customers after nearly a decade of delays and refinements to the vehicle, which it first revealed in 2017. Company executives — except CEO Elon Musk, who was at President Trump’s state dinner with Chinese
Dive Brief: - TJX Companies is confident in navigating weather-related events such as El Niño due to its warehouse distribution model, CEO Ernie Herrman said in a Q2 earnings call on Aug. 19. - Herrman said since the company keeps its liquidity and shipping out of its warehouses,
Hype merchants have a habit of overdoing it, but there’s no denying that China is making the US look more than a little antiquated when it comes to electric vehicles. Some of that is due to a deep integration of connected services and an extension of the car as part of the owner’
The Non-Institutional Investors (NII) category recorded the highest subscription at 21.02 times. The retail investor portion was subscribed 1.43 times, while the Qualified Institutional Buyers (QIB) portion was subscribed 1.00 times. Liqvd Digital India, incorporated in 2013, pro
The Singapore-based company develops and operates data centers for cloud and AI customers. It plans to make its filing with the US Securities and Exchange Commission public in mid-October and list in November, the people said, speaking anonymously to discuss confidential matters.
The central bank is expected to soon propose reindexing the thresholds where banks become subject to stress tests of their balance sheets, liquidity, capital and other more stringent rules, to account for inflation and economic growth, the people said. Three of the people said th
The proposed IPO comprises a fresh issue of shares worth Rs 925 crore and an Offer For Sale (OFS) of Rs 300 crore by promoters, according to the updated Draft Red Herring Prospectus (DRHP) filed on Thursday. The filing comes after the regulator gave the Surat-based company its go
Omaxe has been restrained from accessing the securities market for three months, while promoters --- Rohtas Goel, Jai Bhagwan Goel -- group companies -- Dream Home Developers Pvt Ltd and Guild Builders Pvt Ltd-- have been barred for one year. Sunil Goel, former Joint Managing Dir
Apart from the fresh issue, there will be an offer for sale (OFS) of up to 15 lakh equity shares, according to the Draft Red Herring Prospectus (DRHP) filed on Thursday. Proceeds from the fresh issue will be used to meet the company's working capital requirements, acquire a 35.29
The News Namibia’s president has a message for foreign investors eyeing the country’s critical minerals: build processing plants at home, or look elsewhere. “When you are coming to Namibia, you don’t want to be a briefcase business,” Netumbo Nandi-Ndaitwah told Semafor at an Inve
The shares, representing a 0.63 per cent stake in the Ahmedabad-based conglomerate, were picked up by Adani Infra (India) Ltd and Adani Properties, according to data on the National Stock Exchange (NSE). Adani Properties bought 51.50 lakh shares, while Adani Infra (India) acquire
A version of this article appeared in CNBC's Inside Wealth newsletter, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Trusts are designed to keep wealth out the public eye, and inheritance battles usually ha
Supermicro is now shipping NVIDIA Vera Rubin NVL72 racks integrated with its Data Center Building Block Solutions (DCBBS) and its DLC-2 direct liquid cooling stack. The racks follow the VR NVL72 design NVIDIA launched at CES 2026: 72 NVIDIA Rubin GPUs and 36 NVIDIA Vera CPUs in a
AI - Google's TPUs to catch some rays in orbit next weekPart of Project Suncatcher, the proof of concept aims to see how well lightly modified compute fares in orbit - Meta
Tower Semiconductor to invest $4 billion in Japanese ops to set up massive optical connectivity hub — dual-track expansion aims to increase output by 40 times by 2029 Company restructures Japanese operations. Tower Semiconductor and the government of Japan plan to co-invest a tot
AI needs increasingly powerful chips. But designing those chips is itself a slow, complex process. What happens when AI starts doing some of that work, too? That’s the idea behind Ricursive Intelligence. The startup is developing AI that can design chips, learn from the process,
AI - Google's TPUs to catch some rays in orbit next weekPart of Project Suncatcher, the proof of concept aims to see how well lightly modified compute fares in orbit - Meta
WhiteFiber has made WhiteFiber Continuum commercially available, turning the two-site GPU supercluster it first detailed as Project Redwood in July into a product enterprises can deploy. WhiteFiber calls Continuum its highest-performance cross-data-center networking solution and
Meta Muse runs agents on AMD EPYC Turin hosts with two cores and 8GB of memory — AI agent can pass terminal commands to Ubuntu host system The 9D25 that hosts Muse comes with 126 cores and 254 threads. Update 7:53PM ET: Added a tweet from Meta's David Singleton and a link to Muse
Everpure's head-turning fiscal 2028 guidance Financial analysts were told Everpure is at an inflexion point with three growth drivers and accelerated growth leading to a stunning fiscal 2028 revenue projection. CTO Rob Lee said the core all-flash array business, incuding an AI co
This report is from this week's The Tech Download newsletter. Like what you see? You can subscribe here. It's the morning after the night before, as the U.S. President Donald Trump hosted Chinese President Xi Jinping in a historic state dinner. Fricassée, sea bass and crémeux wer
This report is from this week's The Tech Download newsletter. Like what you see? You can subscribe here. It's the morning after the night before, as the U.S. President Donald Trump hosted Chinese President Xi Jinping in a historic state dinner. Fricassée, sea bass and crémeux wer
In 1998, the newly incorporated Pine Labs was helping petrol pumps accept payments and manage loyalty programmes. Nearly three decades later, Pine Labs is a listed company that has expanded well beyond payments into online checkout, consumer financing, gift cards, card issuing an
Noctua explores 2,000W micro-channel air cooling — partners with Forced Physics to develop vacuum pump-level airflow for desktop PCs A new approach to air cooling. Noctua is teaming up with Forced Physics DCT to explore whether the company’s JouleForce micro-channel array-based c
Natural Intelligence & the Logic of Consciousness, by Antonio Damasio. In what The Wall Street Journal described as a “very readable overview of the thoughts of a unique scientist who has made us rethink consciousness, cognition and self-awareness,” Damasio argues that reason and
America | Tech | Opinion | Culture | Charts Today’s article shines a little light on why a16z is launching Cosign. To learn more about the product, watch the a16z Show episode with Josh Elman, Olivia Moore, David Booth, and Erik Torenberg here. One of Silicon Valley’s great talen
It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week, and what we’re still thinking about. From fall-themed products to Primark opening another store, here’s our closeout for the week.
The Africa Finance Corporation advised Senegal’s government to resist growth-limiting conditions as Dakar negotiates its new $2.2 billion International Monetary Fund program, the multilateral lender’s CEO revealed. Speaking at Semafor’s The Next 3 Billion summit in New York, Sama
Nigeria’s largest interest rate cut in two decades raised the possibility of an easing cycle next year, analysts said. The central bank said its 3.5 percentage point cut this week was a reset aimed at making monetary policy more effective. The move should help debt-laden firms to
Nigeria and the US signed an agreement to increase Washington’s investment into the West African country’s minerals sector. The investment framework is the latest step in Abuja’s push to compete for investment dollars flowing into Africa’s minerals sector. Governments across the
Alexis’s view One of the most eye-catching features of this UN General Assembly has been the drive to secure deals — particularly for critical minerals — playing out on the margins of the gathering. From the African perspective, the subtext boils down to one word: resilience. The
Xinnor simplifies and extends RAID-based fast NAS management Xinnor adds comprehensive RAID, filesystems, NFS and networking control plane and previews its extension via MCP to AI assistants and separately to parallel NFS Lattice co-ordination. Xinnor found that its RAID SW could
Welspun Corp, Zydus Lifesciences, Engineers India, and Indegene were among over two dozen Nifty 500 stocks that hit fresh 1-year highs this week, even as the sell-off in the Indian stock market deepened. These stocks, spanning from healthcare to financials, have defied the market
Databricks acquisition itch still unsatisfied - buys Row Zero Databricks has acquired Row Zero and its spreadsheet technology developed for both human and AI agent users. Row Zero says that it’s a Seattle-based cloud-spreadsheet startup founded in 2021 by former Amazon Web Servic
Buying When Fear Dominates Hetty Green’s famous investment philosophy captures one of the enduring principles of investing: buying when fear and pessimism have pushed prices lower, rather than following the crowd when enthusiasm is at its peak. Green, one of the wealthiest women
If you’ve been laid off, you can get a TechCrunch Disrupt 2026 Expo+ Pass for just $75. The offer is limited to the first 100 qualifying people, or until Disrupt doors open on October 13 at 8 a.m. PT. Once all 100 passes are claimed, the offer is no longer available. Join 10,000+
AI - Google's TPUs to catch some rays in orbit next weekPart of Project Suncatcher, the proof of concept aims to see how well lightly modified compute fares in orbit - Meta
A touch of green on Friday failed to save Indian equity benchmarks from a seventh consecutive weekly decline, marking their longest losing streak since the post-pandemic rout. Selective buying in realty and consumer stocks were insufficient to break a market slide that has dragge
Four months ago GitLab looked like the clearest AI casualty in public B2B: - The stock was in the high teens. - In May the company announced it would cut roughly 14% of its workforce, about 350 people, exit 22 countries, shrink its geographic footprint about 37%, and strip out up