OpenAI sign $12B deal with CoreWeave
OpenAI made a big move as they made a deal with CoreWeave. The value of the deal is $12 billion. Processor power to AI CoreWeave teaser That gives OpenAI a lot of muscle to run its A.I.
And they will use this power to improve their AI. And that helps them with ChatGPT, among other things. The deal reflects OpenAI’s desire to expand. It is also evidencing the growing demand for AI computing. CoreWeave is an overachiever of a company. This deal allows them to accelerate their growth. This is an enormous investment in the AI world.
49 AI startups raise $100M+ round in 2024
The AI world buzzes! Forty-nine new AIs, each raised over $100 million this year. The rich fancy a future with AI in it. They see big things coming.
The news is investor-favorable or investor-positive. Founders feel hopeful. These companies can now construct their dreams. Again, the AI industry is evolving rapidly. This indicates the desire everyone has for AI to develop.
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Maharashtra govt announce 6% tax on EVs
Maharashtra government to charge 6% tax on electric vehicles Dozens of communities that were served by the now-vanished green transport than celebrate the abandonment of a bureaucracy-targeted program, this move is an unexpected blow.
State officials say the tax is meant to increase the state coffers. New electric vehicle (EV) purchasers are frustrated. They believe this new tax is an additional burden.
Others fear the decision could slow the transformation to electric cars. There are criticisms against the government. People wonder whether this tax is good or bad for the environment. Now, Maharashtra’s EV adoption picture looks quite uncertain.
Holi business likely to surpass ₹60,000 crore
Economic Impact of Holi Soars Businesses expect sales of over ₹60,000 crore. Excited people plan celebrations. Travel agencies say they are seeing higher bookings. Stores are busy with customers purchasing colors and sweets.
Chefs design special menus. The festival is a cause for celebration and economic activity. The beautiful thing that happens when times get tough: families come together. Sales are up, smiling vendors say.
There is a sense of jubilation across the country. Let this Holi be a colorful blend of tradition and economic buoyancy. All of us are waiting for a colourful and prosperous festival.
Pepsi to double India revenue within 5 years
PepsiCo aims to double its India revenue in five years. India is an important market for the company to grow in the future. Executives are excited about the potential of India’s economy.
PepsiCo will invest more in India to this end. That also includes building new plants to add manufacturing capacity. The company aims to meet growing consumer demand. Officials emphasize India’s solid economic fundamentals.
They expect global revenue growth to be led by India. PepsiCo to stay a significant ally in India’s food and refreshment area. Localized product offerings and sustainable practices are part of the company’s strategy.
Beverage brand to spend 15-20% into ads
The beverage company is increasing its advertising budget. Meaning, they will increase ad spending by 15-20% This brand-wide shift indicates a strong desire to reach more consumers.
The company is eager for everyone to see its products. This uptick in spending is a signal of growth. The brand feels like it is time to take a bigger place.
They think more ads will get more customers. This is a brave move to differentiate in a crowded market. The company is very interested to find out the outcome of this decision. They expect to see a boost in sales.
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