TPG pursues $5 billion acquisition of British data centre group Ark: FT
Global asset manager TPG is in advanced talks to acquire British data centre operator Ark from Elliott Investment Management for approximately $5 billion.
Venture capital, funding rounds, mergers and acquisitions, and startup launches.
Global asset manager TPG is in advanced talks to acquire British data centre operator Ark from Elliott Investment Management for approximately $5 billion.
Hitachi announced plans to consolidate its US digital services subsidiaries GlobalLogic and Hitachi Digital Services into a single global brand, Hitachi Digital Inc., launching April 2027.
Indian IT companies are positioned to capitalize on enterprise AI adoption as rising infrastructure costs and funding demands create market opportunities, according to an Anand Rathi research report.
Jio Platforms successfully listed on the NSE with a 21.3% gain and Rs 12.5 lakh crore market cap, positioning itself as a technology company beyond telecom with focus on AI and cloud.
India's AI ecosystem faces investor skepticism on hardware and deeptech, but opportunities emerge in specialized AI infrastructure layers beyond raw compute power.
Reliance subsidiary Jio debuted as India's second-most valuable publicly listed company following its blockbuster IPO with a 21% share price surge.
Lovable, a software development startup, is offering employees a $80 million cash-out opportunity at a $13.3 billion valuation.
Jio Platforms, Reliance Industries' telecom and digital arm, listed at a 21.36% premium in India's largest IPO, achieving a $131 billion market capitalization.
Reliance's Jio Platforms prepares for India's largest IPO with backing from Meta, Google, and major investors, targeting satellite and digital retail expansion.
The FCC has approved Amazon's $11.5 billion acquisition of satellite operator Globalstar to establish a satellite communications network.
Anthropic's record IPO has raised concerns among investors despite the startup's rapid growth trajectory.
India's ecommerce platforms cut commissions to attract sellers during festive season, but rising penalty fees and logistics costs are pressuring seller margins.
Cognizant is in discussions to invest in Indian AI startup Sarvam, signalling interest in homegrown artificial intelligence ventures.
Amazon's stake in Anthropic is poised to deliver significantly greater financial returns than venture capital investors during the company's upcoming IPO, based on note conversion analysis.
Snabbit founder Aayush Agarwal discusses the company's positioning in the home services market opportunity on The Brand Equity Show.
Bengaluru-based enterprise AI startup QwikBuild raised $2.3M in pre-seed funding led by Globalway, with plans to expand to the US, Southeast Asia, and Japan.
Anthropic filed for a public offering under ticker ANT with reported valuations between $1.5 trillion and $2 trillion, prompting analysis of appropriate valuation multiples.
Guidewire acquires Hyperexponential for $1.7 billion to integrate AI agents into insurance underwriting and pricing operations.