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Amazon jerks up AI and other technology spending by $20 billion from the windfall of Q2.
EU has allocated $11.4 billion for 7 AI gigafactories to compete with the US and China.
Elon Musk launches X Money, offering 6% interest, 3% cashback, and real-time transfers.
China’s CXMT, the largest chip memory maker, soars 472% with debut.
Britain’s NatWest loaned NBFI Amplifi Capital £250 million before it collapsed, posing risks to the wider financial system.
Kuwait Petroleum Corporation signs a $16 billion oil pipeline network lease and leaseback, the largest FDI ever.
AfDB approves a $114 million loan for Africa’s first EV battery gigafactory in Morocco.
EU fines Google $1 billion for favoring its own services in the Play app store and search results.
Judge awards Anthropic a $1.5 billion settlement for the largest copyright infringement in history, utilized to train the Claude chatbot.
UK’s Metro Bank is considering a merger with rival Aldermore in a $2.7 billion deal.
Amazon announced that it will increase its capital expenditures on technology, primarily artificial intelligence, by an extra 10% this year. The tech and e-commerce giant
The executive of the 27-nation bloc announced on Thursday that the European Union is providing 10 billion euros ($11.4 billion) in funding for companies to
Elon Musk’s social media firm X has introduced a tool similar to a bank account that allows users to transmit money to each other. X
China’s largest memory chip manufacturer, CXMT, saw its shares soar on Monday as it started trading in Shanghai in the country’s largest IPO in recent
In the years before its collapse last month, London-based consumer credit company Amplifi Capital received up to £250 million ($333 million) in funding from Britain’s
Kuwait Petroleum Corporation (KPC), a state-owned Gulf company, announced on Saturday that it has reached a $16 billion agreement with a group of international funds,
On Friday, the African Development Bank (AfDB) announced that it had authorized a €100 million ($114 million) loan to support the construction of Africa’s first
The European Union fined Google 890 million euros ($1 billion) on Thursday for allegedly violating digital antitrust laws by using Google Play and its widely
After utilizing unauthorized copies of writers’ works to train its Claude chatbot, Anthropic, an artificial intelligence corporation, will pay thousands of authors around $3,000 per
In the wake of the car financing mis-selling crisis, Britain’s Metro Bank is investigating a £2 billion ($2.7 billion) merger with rival lender Aldermore, which
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