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Meesho Leverages AI Voice Agents and Vernacular Technology

Meesho Leverages AI Voice Agents and Vernacular Technology to Drive Growth Ahead of $5.6 Billion IPO

Indian e-commerce firm Meesho is expanding its AI capabilities with vernacular voice agents and personalized shopping experiences as it prepares for a major IPO. The company is targeting rural and small-town users with multilingual AI solutions while exploring new business lines including financial services.

Business2 sources
Databricks Seeks $5 Billion Funding Round at $134 Billion

Databricks Seeks $5 Billion Funding Round at $134 Billion Valuation Amid AI Boom

Data analytics giant Databricks is reportedly in talks to raise $5 billion at a $134 billion valuation, marking a 34% increase from its August funding round. The company's explosive growth is driven by enterprise AI adoption.

Business3 sources
Fractal Analytics Receives SEBI Approval for India's First

Fractal Analytics Receives SEBI Approval for India's First AI Company IPO

Fractal Analytics has secured regulatory approval from SEBI to launch India's first IPO by an AI company, aiming to raise ā‚¹4,900 crore through fresh shares and existing shareholder sales. The Mumbai-based firm serves major global tech companies and plans to use proceeds for debt reduction, expansion, and generative AI research.

Business2 sources
Einride Plans $1.8 Billion SPAC Merger to Accelerate

Einride Plans $1.8 Billion SPAC Merger to Accelerate Autonomous EV Trucking Expansion

Swedish autonomous electric truck startup Einride announced plans to go public via a SPAC merger with Legato Merger Corp., valued at $1.8 billion. The deal aims to raise $219 million to accelerate global expansion of its autonomous freight technology.

Business2 sources
Chinese Autonomous Driving Companies WeRide and Pony.ai

Chinese Autonomous Driving Companies WeRide and Pony.ai Launch Hong Kong IPOs Amid Market Volatility

WeRide and Pony.ai debut on Hong Kong Stock Exchange with dual listings, raising combined $1.2 billion despite share price drops. The companies aim to expand globally while navigating U.S. regulatory challenges and leveraging AI technology for autonomous vehicle development.

Business2 sources
Pony AI Secures Shenzhen's First Citywide Driverless

Pony AI Secures Shenzhen's First Citywide Driverless Robotaxi Permit, Marking Major Autonomous Vehicle Milestone

Pony AI receives Shenzhen's first citywide permit for fully driverless commercial robotaxi operations, partnering with local taxi operator to deploy over 1,000 autonomous vehicles across China's tech hub.

Technology2 sources
OpenAI Eyes Potential $1 Trillion IPO Amid Massive Losses

OpenAI Eyes Potential $1 Trillion IPO Amid Massive Losses and Infrastructure Spending

OpenAI is reportedly preparing for a potential IPO that could value the company at up to $1 trillion by 2026-2027, despite facing quarterly losses of up to $11.5 billion. The company needs massive capital to fund its ambitious AI infrastructure plans requiring trillions in spending.

Business23 sources
SoftBank Approves $22.5 Billion Investment in OpenAI,

SoftBank Approves $22.5 Billion Investment in OpenAI, Contingent on Corporate Restructuring

SoftBank Group has approved a $22.5 billion installment to complete its $30 billion investment in OpenAI. The approval is contingent on OpenAI transitioning to a for-profit structure, potentially paving the way for an IPO.

Business2 sources
Alibaba-Backed Yunji Technology Raises $76M in Landmark

Alibaba-Backed Yunji Technology Raises $76M in Landmark Hong Kong IPO

Yunji Technology, a leading Chinese AI-powered robotics company, successfully raised $76 million in its Hong Kong IPO. The company's shares surged 49% on their debut, marking a significant milestone for the hospitality robotics sector.

Business2 sources
AI Fuels Unprecedented Surge in NYSE Trading Activity,

AI Fuels Unprecedented Surge in NYSE Trading Activity, Reshaping Wall Street

The New York Stock Exchange reports a record-breaking 1.2 trillion daily order messages, driven by AI and algorithmic trading. This surge highlights the transformative impact of technology on financial markets and the growing need for advanced monitoring systems.

Business3 sources
Figma Stock Soars Following ChatGPT Integration Showcase at

Figma Stock Soars Following ChatGPT Integration Showcase at OpenAI's DevDay

Figma's stock price jumped significantly after OpenAI CEO Sam Altman demonstrated its integration with ChatGPT at the DevDay conference. The collaboration highlights the growing intersection of AI and design tools.

Technology3 sources
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