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AI wave is almost a tsunami: Kanwal Rekhi says wealth creation has gone nuclear

Veteran Silicon Valley investor Kanwal Rekhi believes the artificial intelligence revolution represents the culmination of decades of technological progress and is creating wealth on an unprecedented scale. Speaking exclusively to CNBC-TV18, the Inventus Capital Partners managing director & co-founder described AI as a transformational force that is bigger than previous technology shifts and said the … Read more

SpaceX IPO: Saudi Arabia’s PIF eyes $5 billion stake ahead of record $75 billion listing

Saudi Arabia’s Public Investment Fund is considering taking an anchor stake of around $5 billion in Elon Musk’s SpaceX as the company eyes a whopping $2 trillion in valuation ahead of its planned IPO. The space exploration company is aiming to raise a record-breaking $75 billion in the listing scheduled for later this year, according … Read more

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