Toyota, SoftBank fund, Denso invest $1 billion in Uber

Japan's top automaker Toyota, auto parts maker Denso and Internet company SoftBank's investment fund are investing $1 billion (112 billion yen) in car-sharing Uber's technology unit. The Japanese ... Read More

India Is Using Technology To Give 1.4+ Billion People Access To Healthcare

India’s vast population of more than 1.4 billion people continues ... one of the paramount areas of investment which the government has focused on is embracing technology to increase access ... Read More

Tesla to explore locations in India for $3 billion EV factory, FT reports

The plant could be worth $2 billion to $3 billion, FT reported ... year on Jan. 1. "Tesla is the most attractive electric vehicle maker for India due to its large appetite for investment in ... Read More

Uber shutting down Drizly three years after $1.1 billion acquisition

Uber has decided to shutter Drizly, an alcohol delivery service it bought three years ago for $1.1 billion, Axios has learned ... Instead, Drizly provided backend tech that let local liquor ... Read More

British International Investment to invest $1 billion in India's clean energy projects

In a move toward combating climate change, the UK government's development finance institution, British International Investment (BII), has set its sights on a $1 billion investment in Indian ... Read More

Microsoft to invest $1.5 billion in AI company G42: How the deal sharpens US-China tech rivalry

Microsoft's $1.5B investment in G42 includes board seat. Manu Kumar Jain leads G42 India ops ... reportedly agreed to sever ties with Chinese technology partners in favor of American solutions. Read More

India's Tata Technologies to invest $1.8 billion in Telangana state

BENGALURU (Reuters) - Tata Technologies will invest 150 billion rupees ($1.80 billion ... "Tata Group is expanding its Air India fleet and has plans to increase both domestic and international ... Read More

Microsoft to invest $1.5 billion in Emirati AI firm G42

Microsoft plans to invest $1.5 billion in G42, an artificial intelligence ... U.S. is quite naturally concerned that the most important technology is guarded by a trusted U.S. company". Read More

Coal production hits 1 billion-tonne mark, eases import dependence

the International Energy Agency said India will be the main engine of global coal demand growth through 2026, with consumption rising 8% in 2023 and 3.5% annually thereafter to 1.3 billion tonne. Read More

Brazil and France announce $1.1 billion investment plan for Amazon rainforest after years of friction

The leaders of Brazil and France have announced a plan to invest $1.1 billion in the Amazon rainforest ... submarine built in Brazil with French technology at the Itaguai shipyard outside Rio ... Read More

Apple’s big bite: 1 in 7 iPhones now made in India

According to sources, over 70% of this $14-billion production has been exported from India across countries in Europe, the US and Asia. FY24 is also the first year when Apple averaged over $1 ... Read More

Schumer says US will provide $6.1 billion to Micron Technology for chip plants in NY, Idaho

WASHINGTON (AP) — The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology ... Micron plans to invest $100 billion in upstate New ... Read More