Tuesday, June 3, 2025

Musk's xAI seeks $113 billion valuation in $300 million share sale: Report

The deal would allow employees to sell shares to investors and a larger investment round is expected to follow the secondary stock offer, in which xAI will offer new equity to outside investors, the FT report said.

from Tech-Economic Times https://ift.tt/d3Avx7s

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...