India boosts chip ambitions, okays plants with $15 billion in investments

Researchers inside the semiconductor fabrication lab at the Centre for Nano Science and Engineering, at the Indian Institute of Science, in Bangalore on June 30, 2018. Manjunath Kiran | Afp | Getty Images India has approved building three semiconductor plants with investments of more than $15 billion as the country aims to become a major … Read more

State of venture investments in India

Over 150 investors, including Singapore’s sovereign fund Temasek and Malaysia’s Khazanah, gathered at Mumbai’s five-star Trident Oberoi hotel on a recent Friday for venture firm Lightspeed India Partners’ “Lift Off” summit. The two-day event aims to spark partnerships by enabling “in a short window, many views, ideas and investments to be shared between nC2 connections … Read more

Why US small businesses will lead in AI investments in 2024

gremlin/Getty Images According to the US Chamber of Commerce, small business drives the US economy. Small businesses employ nearly half of the entire American workforce and represent 43.5% of America’s GDP. They are a critical part of our economic ecosystem, where big businesses and small businesses are vendors, employees, partners, and customers to each other. … Read more

Navigating startups through smart investments, outsourcing and cash preservation

Amnon Mishor is the CTO of Gynger, a fintech startup that provides flexible financing for software and infrastructure. More posts by this contributor Stop creating self-fulfilling prophecies: How to apply AI to small data problems We often are taught that a company is only as good as its talent. While I’ve found this to be … Read more

Japan’s SoftBank hit with $6.2B quarterly loss as WeWork, other tech investments go sour

TOKYO — Japanese technology company SoftBank Group Corp. racked up a huge loss in the July-September quarter as its technology investments, most notably office-sharing company WeWork, went sour. Tokyo-based SoftBank loss totaled 931 billion yen ($6.2 billion) in the last quarter, a reversal from the 3 trillion yen profit it posted in the same period … Read more

Ford delays $12B in EV investments as automaker wrestles with demand

Ford is delaying about $12 billion in planned investments on EVs, including construction of a second battery plant with joint venture partner SK On due to softening demand for higher priced premium electric vehicles.  CFO John Lawler emphasized Thursday during the company’s third-quarter earnings call that the company wasn’t backing away from its next-generation EV … Read more

California passes law mandating VC firms to release investments’ diversity information

Last night, California Governor Gavin Newsom signed into law Senate Bill 54, which will require venture capital firms in the state to annually report the diversity of the founders they are backing. This is the United States’ first piece of legislation that aims to increase diversity within the venture capital landscape. The law will go … Read more

Indonesia could be the ‘gateway’ to EV investments in ASEAN

Korean automobile manufacturer Kia displays the electric vehicle “EV6 GT-Line” during the 30th Gaikindo Indonesia International Auto Show in Tangerang on August 10, 2023. Yasuyoshi Chiba | Afp | Getty Images Indonesia’s EV-friendly policies have lured global investors to the country, but experts say they could also boost investments in Southeast Asia’s automotive industry more … Read more

Shift to wash vitality accelerating, however coal investments too excessive, report says

JAKARTA, Indonesia — Power safety issues — worsened by the warfare in Ukraine — and coverage assist from wealthy international locations are doubtless to assist investments in clear vitality outpace spending on fossil fuels, the Worldwide Power Company stated in a report issued Thursday. However investments in coal are on track to rise by about … Read more