🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Tesla supercomputer could boost EV maker's market cap by $600 billion
Economic Times
·
1y ago
Medial
Morgan Stanley estimates that Tesla's supercomputer, Dojo, designed for training AI models for autonomous cars, could potentially increase the company's market capitalization by nearly $600 billion, or 76%. Tesla began production of Dojo in July and plans to invest over $1 billion in it through next year. The supercomputer may open up new markets beyond vehicle sales by enabling devices with cameras to make real-time decisions based on visual input. Morgan Stanley upgraded Tesla's stock recommendation to "overweight" and raised its 12-18 month target to $400, which could result in a market capitalization of around $1.39 trillion.
View Source
Related News
Thailand expects Tesla, Google, Microsoft to invest $5 billion: PM Srettha Thavisin
Economic Times
·
1y ago
Medial
Thailand's Prime Minister, Srettha Thavisin, anticipates a minimum investment of $5 billion from Tesla, Google, and Microsoft. The investments could include Tesla establishing an electric vehicle (EV) manufacturing facility, while Microsoft and Google explore data center investments. However, it's not clear if the $5 billion is a combined investment or separate contributions from each company. These investments are expected to boost Thailand's economy, which is currently projected to grow by 2.8% this year, primarily due to incentives and tax cuts aimed at the EV sector. Tesla, Google, and Microsoft have not yet commented on the matter.
View Source
Mint Explainer: How Tesla’s first India lawsuit will affect EV trademark battles
Livemint
·
1y ago
Medial
Tesla Inc has filed its first lawsuit in India against battery seller Tesla Power India Pvt. Ltd. for trademark infringement. Tesla accuses the Gurugram-based company of misleading consumers by implying association with Tesla Inc's electric vehicle (EV) batteries. The case highlights India's trademark regime and its protection of foreign companies from infringement by local entities. The outcome of the case could set a precedent for future trademark infringement disputes in India's growing EV market, potentially impacting IP rights enforcement and investor confidence in the sector. Tesla has also been involved in trademark disputes worldwide.
View Source
Zomato plots capital raise to one-up IPO-ready Swiggy | The Arc
The Arc Web
·
9m ago
Medial
Zomato is considering raising capital through a Qualified Institutional Placement (QIP) to counter Swiggy’s upcoming IPO, which is expected to raise $450-$600 million. Zomato, with a market capitalization of ₹239,000 crore, has made acquisitions and investments, including Paytm's ticketing business, while maintaining profitability. The capital raise, though not immediately necessary, is viewed as a strategic move to outmaneuver Swiggy’s growth plans. Swiggy's IPO could value it at $12-$15 billion, less than half of Zomato's market cap.
View Source
Market was like 'Oh my gosh, AI is finished': Huang on DeepSeek
Inshorts
·
5m ago
Medial
NVIDIA CEO Jensen Huang said markets misinterpreted the impact of Chinese startup DeepSeek's RI AI model on the chipmaker's business. "Market responded to R1, as in, 'Oh my gosh. AI is finished'," Huang said. Markets thought computing wasn't needed anymore but it's "complete opposite", he stated. NVIDIA's m-cap fell by $600 billion after DeepSeek's launch of its model.
View Source
Nvidia is now worth more than Amazon and Alphabet
The Verge
·
1y ago
Medial
Nvidia has surpassed Alphabet (Google's parent company) in market capitalization, making it the world's fourth most valuable company after Microsoft, Apple, and Saudi Aramco. The chip maker's stock is now worth $1.83 trillion, just barely edging out Alphabet's $1.82 trillion market cap. Nvidia is heavily involved in the AI chip industry and its sales predominantly come from major tech companies. It is also set to release a new AI chip, the H200, with improved memory capacity and bandwidth. Additionally, Nvidia has invested $30 billion in a unit that helps other companies create custom AI chips.
View Source
Ford to reveal more about its new low-cost electric vehicles on August 11 | TechCrunch
TechCrunch
·
8d ago
Medial
Ford plans to unveil details about its new low-cost electric vehicles on August 11 in Kentucky. CEO Jim Farley claims this is a significant milestone for the company. Despite a recent $1.3 billion loss in its EV division, Ford aims to introduce a mid-size pickup truck by 2027. The project, led by ex-Tesla executive Alan Clarke, features a platform for various models. Competitors like Tesla and GM are also entering the affordable EV market.
View Source
’Tesla’s loss, not India’s’: Ola founder Bhavish Aggarwal on Elon Musk’s Indian market pullback
Livemint
·
1y ago
Medial
Indian ride-hailing giant Ola's founder and CEO, Bhavish Aggarwal, stated that Tesla's withdrawal from the Indian market is a loss for the automaker, not India. He commented that India's EV and lithium industries are growing rapidly, making it too late for Tesla to enter the market. Bloomberg reported that Tesla has not responded to inquiries from Indian officials and does not plan to invest fresh funds in the country. The Indian government may now focus on domestic players like Mahindra & Mahindra and Tata Motors to boost EV production in the country. Ola is set to make its market debut soon with its electric vehicle startup.
View Source
Upcoming General Elections To Slow Down Talks For Tesla’s India Entry
Inc42
·
1y ago
Medial
Tesla's plans to enter the Indian electric vehicle market may face delays due to the upcoming general elections. Talks between the Indian government and Tesla are expected to slow down temporarily and resume after the elections. The company is open to investing around $30 billion in India and setting up a local factory within three years of entry. Despite this setback, Tesla is just one of many global automakers targeting the growing Indian EV market, projected to reach $110 billion by 2029.
View Source
World's most valuable car vendor will spend billions on Nvidia and AMD GPU and CPU in race to build even more powerful supercomputer
Techradar
·
1y ago
Medial
Elon Musk has confirmed that Tesla plans to use not only Nvidia, but also AMD hardware for its upcoming Dojo supercomputers. Tesla had previously launched its first Dojo ExaPod supercomputer utilizing custom AI chips. Musk stated that Tesla will spend over a billion dollars on Nvidia's H100 and AMD's Instinct MI300 hardware this year. He also mentioned that the minimum requirement to stay competitive in AI is several billion dollars per year. Tesla's Dojo project faced a setback in December when its project lead left, but it has since been filled by a former Apple executive.
View Source
Mega-cap companies saw strong gains in 2023 amid tech optimism
Reuters
·
1y ago
Medial
Global mega-cap tech companies, such as Facebook, Nvidia, and Tesla, witnessed significant market capitalization gains in 2023, driven by optimism surrounding artificial intelligence and expectations of further economic stimulus. Facebook's market cap surged 188%, Nvidia rose 240%, and Tesla's value doubled. However, some analysts view these gains as overvalued and anticipate a broader market rally in the upcoming year, supported by potential rate cuts from global central banks.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/cdn.vox-cdn.com/uploads/chorus_asset/file/24002529/acastro_STK083_04.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/RKDHBDZRAZJTLO7R6YXF6CMAFQ.jpg)
