SoftBank eyes purchase of DigitalBridge, an investment firm holding $108 billion.
The Japanese tech and investment giant, SoftBank Group Corp., is reportedly nearing an agreement to purchase DigitalBridge Group Inc., a private investment company
Category BUSINESS
China Initiates Major Government Venture Capital for Deep Tech Advancement
China is amplifying governmental engagement in venture capital, initiating a fresh series of strategic technology investment vehicles. The nation has unveiled the
Clearwater Analytics Bought by Permira, Warburg Pincus in $8.4B Deal
The overall deal valuation reaches $8.4 billion , with remittance provided in currency. As per the terms of the arrangement, Clearwater Analytics stockholders will
Goodman Group and Canadian pension fund commit $9.3 billion to European data center ventures.
An agreement has been reached between Goodman Group, an Australian development and investment firm, and the Canada Pension Plan Investment Board, to establish a sizable
CVC Capital Partners invested in private school network International Schools Partnership at a valuation of $8 billion
The main shareholder, the Swiss fund Partners Group, retains a controlling stake, while the Canadian pension fund OMERS, which entered the capital of the International Schools Partnership in 2021, will also remain among the investors. According to the Financial Times,…
Cannabis stocks surge after Trump’s claims about the benefits of cannabidiol for the elderly
Last month, Trump said his administration was considering reclassifying marijuana, which could also lead to lighter criminal penalties for its use. According to Trump, cannabidiol, derived from hemp, could “revolutionize healthcare for seniors,” helping to slow the progression of diseases…
AI chip leader Nvidia invests $5 billion in legendary American chipmaker Intel
The deal comes just weeks after the White House orchestrated an unprecedented move by the U.S. government to take a large stake in Intel. The investment would make Nvidia one of Intel’s largest shareholders, with a stake of about 4%…
Oracle co-founder Larry Ellison, with a net worth of $101 billion, overtook Elon Musk in the ranking of the richest people
Ellison’s fortune increased by $89 billion after Oracle reported a quarter that beat analysts’ expectations and announced prospects for further growth. As a result, his total wealth reached $383.2 billion, according to the Bloomberg Billionaires Index. It was the largest…
GTCR acquires Czech generics maker Zentiva from Advent International for $4.8 billion
Private equity firm GTCR has struck a 4.1 billion euro ($4.8 billion) deal to buy Czech generic drug maker Zentiva from Advent International, the Financial Times reported on Wednesday, citing unnamed sources. Reuters could not immediately confirm the report. GTCR,…
AI in Coding: How a 10% Productivity Gain Saves Companies $86,000+ a Year
AI assistants for software developers have gone from a fashion trend to a real business tool, but instead of loud promises of a CEO revolution, a clear economic model for implementation is needed. Oleksiy Vygodsky, Head of Enterprise Applications and…
Anthropic closes new funding round at $183 billion valuation
The round, one of the largest for AI companies to date, was led by investment firm Iconiq Capital, along with Fidelity Management and Research Co. and Lightspeed Venture Partners. Other participants in the round included Singapore’s GIC and Insight Partners.…
Amazon invests $4.4 billion in data centers in New Zealand
Amazon Web Services will create the AWS Asia Pacific (New Zealand) region to “meet the growing demand for cloud services across the country and help organizations of all sizes accelerate their digital transformation,” Amazon said in a statement Tuesday in…