Adani to battle Reliance, Walmart in India’s e-commerce, payments race, report says

India’s Adani Group is in discussions to venture into e-commerce and digital payments, according to a report, as the conglomerate seeks to diversify its portfolio and compete with Mukesh Ambani’s Reliance, Amazon and Walmart’s Flipkart and PhonePe. The energy-to-infrastructure giant Adani Group is considering applying […]

LumApps, the French ‘intranet superapp,’ sells majority stake to Bridgepoint in a $650M deal

Big news today for LumApps, the French startup that has described itself as an “intranet superapp” with a platform for building and provisioning internal communications and apps for workforces. The company — which is used by some 5 million people across 700 organizations — announced […]

Elon Musk’s xAI raises $6 billion to fund its race against ChatGPT and all the rest

The Verge Elon Musk founded xAI last summer, and today it announced raising $6 billion in funding, saying it will help bring the startup’s “first products to market, build advanced infrastructure, and accelerate the research and development of future technologies.” So far, xAI has launched […]