Taiwanese chip giant TSMC (2330. TW), driven by a boom in demand for artificial intelligence, plans to invest roughly T$90 billion ($2.87 billion) in an advanced packaging facility in northern Taiwan, the company announced on Tuesday.

In order to expand its network of fast chargers eightfold by 2025 and take advantage of the U.S. government’s desire to increase EV adoption, electric vehicle charger operator EVCS is reportedly aiming to fund $125 million.

Reliance Industries in collaboration, with Brookfield Infrastructure, intends to allocate an amount of 10 billion rupees towards the establishment of data centers within India. This strategic endeavor aims to leverage the increasing need for infrastructure as more individuals join the community.

Motion G, a company based in Singapore recently secured $16 million, in funding through a funding round led by Episteme Inc. Their goal is to revolutionize the field of engineering by enhancing productivity through the use of machine learning, data science, AIGC, and digital twin technologies.

In a twist, the Centre has declined the $1 billion proposal put forth by BYD Motors and Megha Engineering to establish an electric vehicle manufacturing facility, in India. The decision

Swedish real estate company SBB has announced the issuance of preference shares to Morgan Stanley’s investment fund for 2.36 billion Swedish crowns ($228 million), taking proactive measures to strengthen its

Adani’s 34,000 crore PVC project in Mundra would be funded by a consortium of PSBs led by SBI. According to a report by The Hindu Businessline (BL), a group of banks led by the State Bank of India (SBI) have agreed to fund a significant portion of the 34,000 crore polyvinyl chloride (PVC) project in Mundra by the Adani Group. The PVC project is expected to reach a financial close by the middle of August with loan support from SBI. 

Tata Sons revealed plans to build a gigafactory in the UK with the ability to create 40GW of batteries yearly. Customers in the UK and Europe will receive electric mobility and renewable energy storage solutions thanks to the over £4 billion investment.

The company plans to announce on Wednesday that Skims has secured $270 million in a fresh investment round that values it at $4 billion. Investors valued the business at $3.2 billion last year, so this is an increase.

In a significant development for the UK’s car industry, India’s Tata Group has unveiled plans to construct an electric vehicle (EV) battery plant in Britain. This move comes as a

Research by PrivateCircle Research shows that more than a year after Shark Tank India Season 1, seven sharks invested in 27 of 65 committed agreements.

The ability to secure important clients is a critical differentiation for companies in the crowded enterprise robotics industry. SoftBank has placed a significant order with Hong Kong-based Rice Robotics.