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xAI in talks to raise $15 billion in fresh equity
Mint Bangalore
|November 20, 2025
Elon Musk's artificial-intelligence startup xAI is in advanced talks to raise $15 billion in fresh equity at a valuation of $230 billion, The Wall Street Journal reported on Tuesday.
The fundraising terms were outlined to investors by Musk's wealth manager, Jared Birchall, on Tuesday night, the report said. It was not clear whether the valuation figure Birchall shared was preor post-mon
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FLERE HISTORIER FRA Mint Bangalore
Mint Bangalore
PayMate pulls plug on West Asia operations
The Visa-backed B2B payments firm is scrambling to raise more funds
2 mins
November 20, 2025
Mint Bangalore
Sanae Takaichi's economic policies may not help Japan
In a country known for electing prime ministers who are mostly reticent on the global stage, Sanae Takaichi represents a distinct break from the past, and not only because she is the first woman prime minister in Japan's history.
3 mins
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Mint Bangalore
Samsung India logs double-digit growth
Samsung India Electronics said it has clocked a double digit growth in its revenue from operations of over 11% to ₹1.11 trillion in the financial year ended March 2025.
1 min
November 20, 2025
Mint Bangalore
FM meets IT leaders before budget
Finance minister Nirmala Sitharaman on Wednesday held pre-budget consultations with top leaders of the IT sector, as the $280 billion industry confronts AI disruptions, global uncertainties, and increased H-1B visa costs in its largest market, the US.
1 min
November 20, 2025
Mint Bangalore
Trump says Saudi leader knew nothing of journalist murder, rejecting CIA assessment
The U.S. President says Jamal Khashoggi was an ‘extremely controversial’ figure
5 mins
November 20, 2025
Mint Bangalore
CLSA sees return of Indian equities as valuations improve
Indian equities are poised to scale new highs after months of subdued returns, as soft inflation, high economic growth, and US president Donald Trump potentially easing tariffs could spark foreign fund inflows, said Vikash Kumar Jain, India strategist & head of India research at CLSA.
1 mins
November 20, 2025
Mint Bangalore
Fractal Analytics bets heavily on R&D in AI race before IPO
Enterprise artificial intelligence firm Fractal Analytics plans to maintain high research and development (R&D) spending ahead of its market debut for which a date has not yet been set, a top executive has said.
2 mins
November 20, 2025
Mint Bangalore
Afghanistan trade minister seeks India investments, goods
Afghanistan's Taliban trade minister arrived in India on Wednesday on a maiden visit to draw greater investments and goods as both countries consider ways to enhance their relations in the backdrop of souring relations with neighboring Pakistan.
1 min
November 20, 2025
Mint Bangalore
The crypto trades that amplified gains are now turbocharging losses
The rally in crypto prices this year was boosted by a large heap of debt, with traders using leverage to amplify their gains.
3 mins
November 20, 2025
Mint Bangalore
Rlys eyes record ₹2.76-trillion allocation for next fiscal year
The higher funding will be needed to meet the government's ambitious modernization plans
2 mins
November 20, 2025
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