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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.
Google is to introduce a new server chip to run Gemini models more effectively.
Nigeria’s Dangote Refinery raises $2.5 billion in a private placement ahead of a planned IPO.
Meta to diversify beyond advertising with a $10 billion Anthropic compute lease deal.
Apple overtakes Nvidia to become the world’s most valuable company as investors reassess AI’s impact.
JPMorgan, led by Dimon, is poised to become the first bank globally to surpass $1 trillion in assets.
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
Google is working on a new server chip that would directly integrate components of its Gemini model into the hardware in an effort to provide
To fortify its financial structure, Nigeria’s Dangote Petroleum Refinery has raised $2.5 billion through a private placement, according to Devakumar Edwin, the company’s CEO, on
Meta Platforms is in negotiations to lease processing power to Anthropic in a possible transaction worth up to $10 billion over two years. In the
As investors reevaluate the prospects for artificial intelligence, Apple overtook Nvidia on Friday to become the most valuable business in the world, shifting the top
Jamie Dimon’s two decades at JPMorgan Chase have changed industry records, and the Wall Street giant is now on the verge of reaching yet another
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