India’s Udaan secures $160 million in new funding as it races to fix its balance sheet before an IPO
Indian B2B ecommerce platform Udaan has secured $160 million in a funding round that combines fresh equity from a new investor, additional debt, and the conversion of existing convertible bonds into equity, according to Bloomberg. Lightspeed Venture Partners and M&G Investments are participating in the round. The deal is designed to clean up Udaan’s balance […]<br /> This story continues at The Next Web [...]
Rating
Innovation
Pricing
Technology
Usability
We have discovered similar tools to what you are looking for. Check out our suggestions for similar AI tools.
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
Anthropic launches Claude Sonnet 5 at a steep discount to its top model as the company races toward a blockbuster IPO
Anthropic today released Claude Sonnet 5, a new AI model that the company says delivers near-flagship performance at mid-tier prices — a move designed to give cost-conscious enterprise developers ac [...]
Apple is reportedly manufacturing all four iPhone 17 models in India
Apple is shifting more iPhone production to India ahead of next month’s iPhone 17 launch, Bloomberg reports. The company will build all four iPhone 17 models there, and for the first time US-bound s [...]
India will no longer require smartphone makers to preinstall its state-run 'cybersecurity' app
India will no longer require smartphone makers to preinstall the Sanchar Saathi "security" app. After blowback from Apple, Samsung and opposition leaders, the Modi government issued a statem [...]
India is reportedly considering another draconian smartphone surveillance plan
You know what they say: If at first you don't succeed at mass government surveillance, try, try again. Only two days after India backpedaled on its plan to force smartphone makers to preinstall a [...]
OpenAI secures another $110 billion in funding from Amazon, NVIDIA and SoftBank
OpenAI just announced a massive funding round of $110 billion, which is one of the biggest investment rounds in Silicon Valley history. The investors feature many of the usual suspects, including Amaz [...]
Trump threatens 25 percent tariff on iPhones manufactured overseas
President Donald Trump has escalated pressure on Apple to manufacture iPhones for the American market domestically. In a post on Truth Social Friday morning, the president explicitly warned that he wo [...]
OpenAI’s suspiciously clean balance sheet is about to get a hard look
OpenAI’s books show zero debt and just $46mn of quarterly capital spending. The catch, reported by The Information: around $665bn of commitments sitting just off the balance sheet, now heading for r [...]