Global investment firm KKR on Tuesday announced the acquisition of a “significant minority stake” in Infinx Healthcare, an artificial intelligence (AI) driven healthcare business process outsourcing (BPO) company. Sources privy to the deal said that the value of the acquisition will be around $150 million (around Rs 1,250 crore). KKR will make this investment through its Asian Fund IV.
Open FlipBitcoin (CRYPTO: BTC), the world's first and most well-known cryptocurrency, has been making headlines once again. Following its fourth halving on April 19th, which reduced its inflation rate to a mere 0.85%, Bitcoin soared to a new all-time high of $73,000 in anticipation of this significant event. However, since then, its price has experienced a slight dip and significant fluctuation.
Open FlipYoung geothermal energy wells can be like budding prodigies, each brimming with potential to outshine their peers. But like people, most decline with age. In California, for example, the amount of electricity generated by geothermal power plants declined by 15% between 2001 and 2018, partly because existing wells degraded.
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