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Nvidia invests $2 billion in CoreWeave to accelerate the construction of data centers.
Autodesk sheds 7% of its global workforce to redirect investments to AI and cloud.
Netflix’s $72 billion offer for Warner Bros. is all cash as it steps up its proposal.
Zurich Insurance offers $10 billion for the UK’s Beazley in a bid to expand in the specialty insurance market.
A UN treaty to safeguard biodiversity in the high seas comes into effect, aiming to protect 30% of the oceans by 2030.
China’s trade surplus increases by 20% to a record $1.2 trillion amid Trump’s tariffs.
Grok will geoblock sexualized images of women and children in areas where they are illegal, X says.
U.S. Bancorp expands its footprint in the capital markets with a $1 billion purchase of BTIG.
Alphabet hits a $4 trillion valuation as investors continue to bet on AI breakthroughs.
Ethiopia starts building “Africa’s biggest airport” for $12.5 billion.
For the third consecutive quarter, BlackRock’s assets under management reached a record high on Friday; driven by sharp increases in the company’s exchange-traded funds inflows
After reviewing its standards for assessing supranational institutions, Fitch stated in research released on Wednesday that twelve of the biggest multilateral development banks could extend
A hypothetical geopolitical battle that affects supply chains may cost the world economy $14.5 trillion over five years, according to insurance market Lloyd’s of London
On Monday, the court approved FTX’s bankruptcy plan, enabling it to use the $16.5 billion in assets it has collected since the fall of the
A report for Brown University’s Costs of War project was released on the anniversary of Hamas’ attacks on Israel. It states that since the war
The largest alternative asset manager in the world, Blackstone Inc., has begun to raise its third private equity (PE) fund with an emphasis on Asia,
On a continent whose governments have long battled to solve some of the worst infrastructure in the world and the challenges of climate change, companies
The owners of Facebook, Meta said on Friday that it has developed a new artificial intelligence model called Movie Gen. It claims that this model
The maker of ChatGPT, OpenAI, announced on Wednesday that it raised $6.6 billion in venture capital investments, marking a larger departure from its nonprofit beginnings.
The three main Japanese sponsors of the International Olympic Committee, Toyota, Panasonic, and Bridgestone, are ending their relationships. Due to this, the IOC is now
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