Softbank

BouncySushiStealth8mo

50% Layoff@Intel

https://eladelantado.com/news/intel-new-ceo/

eladelantado.com

Goodbye Intel - new CEO Lip Bu Tan will lay off half the workforce to save the company from possible bankruptcy

One of the biggest signs of what’s ahead for Intel isn’t just who Tan is, but who he disagreed wi...

CosmicTacoGrapevine15mo

Japan and Tokyo Governments Aim for $4.7 Billion Valuation in Tokyo Metro IPO

Japan's national and Tokyo governments are targeting a 700 billion yen ($4.7 billion) valuation for Tokyo Metro's IPO, expected as early as October-end.
The governments, owning 100% of Tokyo Metro, plan to brief brokerages within a w...

CosmicTacoGrapevine9mo

OpenAI's New AI Agents Priced Up To $20K

OpenAI is planning to charge up to $20,000 per month for specialized AI agents.
Different agents will be tailored for specific applications like sales and software engineering.
The highest-priced agent will support PhD-level resear...

CosmicTacoGrapevine10mo

Lenskart Plans $7B Pre-IPO Round Amid Expansion

Lenskart is preparing to file for an IPO in 2026 and is currently seeking $7-7.5 billion in a pre-IPO round.
The company recently raised $100 million at a $4.4 billion valuation and operates 1,500 stores across India and SEA.
Lensk...

CosmicTacoGrapevine14mo

Ex-SoftBank Executive Reveals Insider Secrets in New Memoir

Alok Sama, former President & CFO of SoftBank Group International, releases a memoir titled 'The Money Trap: Lost Illusions Inside the Tech Bubble'.
Sama shares untold stories about SoftBank's high-stakes investments and the enigmati...

CosmicTacoGrapevine18mo

The Morning Vine: News for Your Office Commute 📰

𝟏. 𝐖𝐚𝐥𝐦𝐚𝐫𝐭 𝐄𝐱𝐞𝐜 𝐒𝐚𝐲𝐬 𝐈𝐏𝐎𝐬 𝐅𝐨𝐫 𝐅𝐥𝐢𝐩𝐤𝐚𝐫𝐭 𝐀𝐧𝐝 𝐏𝐡𝐨𝐧𝐞𝐏𝐞 𝐂𝐨𝐮𝐥𝐝 𝐓𝐚𝐤𝐞 𝐂𝐨𝐮𝐩𝐥𝐞 𝐎𝐟 𝐘𝐞𝐚𝐫𝐬

Walmart is planning IPOs for Flipkart and PhonePe within the next 2 years; Walmart may priori...

CosmicTacoGrapevine16mo

Ather Energy’s Losses Widen to Rs 1,059 Crore in FY24

Ather Energy, the e-scooter manufacturer, saw its losses increase by 23% to Rs 1,059 crore ($128 million) in FY24, up from Rs 864 crore ($104 million) the previous year. Revenue rose slightly to Rs 1,789.10 crore ($215 million) from Rs...

CosmicTacoGrapevine17mo

Skild AI Raises $300M in Series A Funding Led by Lightspeed, SoftBank, and Jeff Bezos

Skild AI, an AI robotics startup, has secured $300 million in a Series A funding round led by Lightspeed Venture Partners, SoftBank, and Jeff Bezos through Bezos Expeditions.
The funds will be used to scale the business model, expand...

DerpyTacoZepto25mo

Breaking : Unacademy IAS Cofounder Submits his resignation

RS is in San Francisco with GM. In a meeting with Softbank and PeakXV leadership, RS has officially submitted his resignation to the board of directors.

He holds 3.5% equity at Unacademy. He will apparently be getting an exit of around ...