Tesla and SpaceX Explore Merger as Elon Musk Backs Deal
Tesla and SpaceX have formed independent committees to explore a potential merger, with Elon Musk backing the deal citing synergies in AI, robotics, and connectivity.
Venture capital, funding rounds, mergers and acquisitions, and startup launches.
Tesla and SpaceX have formed independent committees to explore a potential merger, with Elon Musk backing the deal citing synergies in AI, robotics, and connectivity.
Aye Finance's net profit jumped 151% YoY to ₹86.7 Cr in Q2, with operating revenue reaching ₹514.4 Cr and loan book expanding 26% to ₹7,597 Cr.
French enterprise software startup Pigment raised $250M at a $2.3bn valuation in a Series E round led by the EU's Scaleup Europe Fund, with backing from existing investors and Nvidia.
UK MPs urge the government to require UKRI to take equity stakes in companies it funds with public money, arguing the current grant-only approach leaves taxpayers without financial returns.
German freighttech unicorn sennder has completed its integration of C.H. Robinson's European operations and projects €1 billion in annual revenue for 2026.
Jio Platforms' ₹30,213 crore IPO was oversubscribed 4.86 times in the QIB category within two hours, though retail and non-institutional portions remained undersubscribed, valuing the company at $108 billion.
Italian AI startup Rulen raised €1.8 million to automate tax and accounting workflows, addressing Italy's shortage of younger professionals and manual process dependencies.
Berlin-based travel AI infrastructure startup YGO raised €8 million in a Series A round led by Ventech, building tools for AI agent-based travel booking.
YGO raised €8 million in Series A funding to scale its AI-powered platform connecting travel companies directly with airlines, hotels and tour operators.
Irish LegalTech startup EstateMin, which uses AI to streamline estate and trust law processes, raised €1 million in pre-Seed funding from NDRC, First Port Syndicate, Enterprise Ireland and angel investors.
OpenAI is seeking $30 billion in funding at a $1.4 trillion valuation, with SoftBank and Abu Dhabi's MGX in talks to participate, as the company claims annualized revenue of $50 billion.
Chinese AI startup Moonshot is expanding its operations into Singapore, as indicated by a new sales role listing on the company's LinkedIn page.
Photon Bridge secures €10 million in funding to develop laser devices for connecting AI chips.
Salesforce to acquire Braze for $5.66 billion to integrate real-time customer engagement and AI-powered personalization into its Marketing Cloud platform.
Norwegian AI startup Jenz raised €540K in pre-seed funding from Antler and Ada Ventures to build an AI agent that helps retailers automate operations and unify fragmented business data.
Tesla and SpaceX have formed board committees to explore a potential merger under Elon Musk's leadership, which could have broad implications for shareholders and major stock indices.
Apple India posted record FY26 growth with net profit rising 66% and revenue growing 31.4%, while expanding production and services beyond smartphones.
Opinion piece arguing that building India's deep-tech enterprise ecosystem requires mentorship, industry partnerships, regulatory support, and IP protection beyond capital alone.