Investing - page 11

Fintech & Ecommerce

Obligo Raises $35 Million

Obligo raised new funding for $35 million.

Finance & Economics

Is Investors’ Focus on AI Impeding Other Business Segments?

As a particularly promising technology, artificial intelligence (AI) is attracting hundreds of billions in US dollars from various global investors. Is this extreme focus on AI starting to impede other important business segments amid the global foreign investment stagnation?

News

CoreWeave Gets $650 Million Credit Line

CoreWeave, an artificial intelligence startup that rents out chips to other companies, on Friday, October 11, announced that it has a new credit line for $650 million.

News

Sustainable Funds Outperform Traditional Ones in H1 2024

Sustainable funds saw inflows of $20 billion in the first half of 2024, with assets rising to $3.5 trillion.

Blockchain & Crypto

National Bank of Bahrain Launches Bitcoin Investments

The National Bank of Bahrain (NBB) has introduced a Bitcoin-linked Structured Investment for accredited investors – the first offering of a kind in the Cooperation Council for the Arab States of the Gulf (GCC) region.

Fintech & Ecommerce

TrueLayer Raises $50 Million

TrueLayer raised $50 million as part of its $130 million Series E funding round.

News

UK FinTech Constitutes 65% of All European Deals in H1 2024

While overall funding in the European fintech sector declined by 25% year-on-year, UK companies dominate the scene, accounting for 65% of all deals in the region.

News

Microsoft to Invest $4.8 Billion in Italy

Microsoft last Wednesday, October 2, announced its intention to invest 4.3 billion euros ($4.8 billion) in Italy, which is by far the largest volume of financial injections by a technology giant into this country.

News

OpenAI Closes Funding at $157 Billion Valuation

OpenAI has closed its long-awaited funding round at a valuation of $157 billion.

News

SoftBank Reportedly to Invest $500 Million in OpenAI

The media reports that the Vision Fund, which is part of the ownership structure of the Japanese telecommunications company SoftBank, intends to invest $500 million in the latest round of funding for OpenAI.

News

Google to Invest $1 Billion in Thailand

Google on Monday, September 30, announced its intention to invest $1 billion in Thailand.

News

CZ Pledges More Tech Investment Upon US Custody Release

Changpeng Zhao (CZ), the former CEO of Binance, is out of prison and vows to increase his investment in technology sectors such as blockchain, artificial intelligence, and biotechnology.

News

Alphabet to Invest in South Carolina

Business giant Alphabet, which ownership structure includes Google, plans to invest $3.3 billion in South Carolina.

News

Microsoft to Invest $2.7 Billion in Brazil

Microsoft on Thursday, September 26, announced its intention to invest 14.7 billion reais ($2.7 billion) in Brazil over three years.

Science & Technology

Microsoft to Invest $1.3 Billion in Mexico

Technology giant Microsoft on Tuesday, September 24, announced its intention to invest $1.3 billion to build up its infrastructure for cloud computing and artificial intelligence in Mexico over the next three years.

Science & Technology

AI Startup Phacet Reportedly Raises $4 Million

The media reports that the startup Phacet, which operates in the space of the artificial intelligence industry, managed to raise investment funds for $4.4 million.