Morgan Stanley

Elon Musk

Elon Musk's xAI raises $10 billion to boost Grok platform

02 Jul 2025, 18:25 PM

The fresh capital will help xAI to develop its AI solutions including one of the world's largest data center and its flagship Grok platform.

Walmart-backed PhonePe picks 4 investment banks for its IPO

Walmart-backed PhonePe picks 4 investment banks for its IPO

27 Feb 2025, 00:19 AM

PhonePe has reportedly onboarded Kotak Mahindra Capital, JP Morgan, Citi and Morgan Stanley to kick off its IPO.

Fintech Highlights

  1. At a Glance: Fintechs rule personal loan volume, but bank-like on gender thinking

  2. American Express to discontinue Amex Pay from July 31

  3. Regtech startup Zango AI secures $4.8 million funding from Nexus, others

  4. Manipal Payment and Identity Solutions files draft papers for IPO via confidential route: report

  5. MobiKwik-backed Blostem bags seed funding
  6. Read more highlights...

AI/Emerging Tech

  1. Elon Musk's xAI raises $10 billion to boost Grok platform

  2. Amazon introduces new generative AI model as it deploys 1 millionth robot

  3. AI Mode, ChatGPT or Perplexity - who's best at keeping kids active indoors on hot days

  4. Over 40% of agentic AI projects to be scrapped by 2027-end: Gartner

  5. At a Glance: AI Data Labeling companies beyond Scale AI
  6. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case