The Munich-based firm has indicated to its current partner Bajaj Finserv Ltd. that it’s “actively considering an exit” from the ventures, according to a statement from Bajaj on Tuesday after Bloomberg News…
Tag: talks
Apple intensifies talks with OpenAI for iPhone generative AI features
Apple Inc. has renewed discussions with OpenAI about using the startup’s technology to power some new features coming to the iPhone later this year, according to people familiar with the matter. The…
Aramco in talks to acquire 10% stake in Chinese company Hengli Petrochemical
Aramco said it was in talks with Hengli Group to potentially acquire a 10 per cent stake in the Chinese company’s petrochemical unit, as the state-owned petroleum and natural gas company looks to expand its…
Abu Dhabi's TAQA confirms Spanish energy firm Naturgy shareholder talks as it eyes full takeover
Private equity firms CVC and GIP each own a further 20 per cent, at a combined value of almost 9 billion euros. TAQA said it is in talks with the pair regarding…
Tesla India debut gains momentum amid Musk-Ambani talks: What we know so far
After China and the US, India ranks as the world’s third-largest automobile market, valued at $108.10 billion in 2022. It is projected to grow to $217.90 billion by 2031, a compounded annual…
Tesla in talks with Reliance for India EV plant, report says
Mumbai: Tesla Inc. is in early discussions with Reliance Industries Ltd. about a possible joint venture to build an electric-vehicle manufacturing facility in India, Hindu BusinessLine reported. Reliance’s role hasn’t been finalized,…
Saudi Arabia’s PIF in talks to invest $40b in AI
Andreessen HorowitZ is a private venture capital firm, headquartered in California, with the US company looking to open an office in Riyadh, the report noted. Other venture capitalists may participate in the…
Marcos meets 'Elon Musk of Vietnam' Pham Nhat Vuong, talks focus on EVs and batteries
VinFast aims to launch EV dealerships in April in the Philippines. Further collaborations, especially in battery production, could help ramp up processing of battery minerals within the country, instead of exporting them….
OpenAI is in talks to raise new funding at valuation of $100 billion or more
OpenAI is in early discussions to raise a fresh round of funding at a valuation at or above $100 billion, people with knowledge of the matter said, a deal that would cement…