Wealthy people are trying to move their assets from the Gulf region to Switzerland due to the intensifying turmoil in the Middle East after the
Category: WORLD NEWS
World faces biggest oil supply disruption ever on Middle East war, IEA says.
A day after agreeing to release a record amount of oil from strategic stocks, the International Energy Agency said on Thursday that the Middle East
AT&T commits $250 billion to boost US AI infrastructure.
As telecom companies increase their investments to meet the growing demand for data, AT&T announced on Tuesday that it will hire thousands more technicians this
Nvidia-backed Nscale is valued at $14.6 billion after raising $2 billion for global AI infrastructure.
After obtaining $2 billion in its most recent investment round, the Nvidia-backed artificial intelligence company Nscale was valued at $14.6 billion, the British company announced
German media conglomerate Axel Springer to acquire the UK Daily Telegraph publisher for $766 million.
The firms announced on Friday that Axel Springer, a German media group, has reached an agreement to purchase the owner of the Daily Telegraph newspaper
Google pacifies Epic Games by reducing its app store commissions.
After a protracted court struggle that resulted in one of several verdicts denouncing its practices as an illegal monopoly, Google will reduce the lucrative fees
Japan-US trade deal to add nuclear power project to $550 billion investment package.
The United States and Japan are to include a nuclear power plant in the second round of agreements under Japan’s $550 billion investment package. Westinghouse
SoftBank’s PayPay aims for a US IPO valuation of up to $13.4 billion, about the largest by a Japanese firm.
In spite of erratic markets, SoftBank’s PayPay is aiming for a valuation of up to $13.4 billion in its U.S. IPO, which may be one
BlackRock, EQT-led consortium close a $33.4 billion AES deal, betting on AI power boom.
In one of the largest acquisitions in the industry, a group led by BlackRock’s Global Infrastructure Partners and Swedish private equity firm EQT AB has
OpenAI achieves an $840b valuation with mega funding of $110b from Big Tech firms.
In a move that reflects the frantic pace of artificial intelligence investment, OpenAI said on Friday that it is raising $110 billion in a blockbuster
