Saudi Arabia Announces $14.9B AI Investment
In partnership with global tech leaders, the Kingdom of Saudi Arabia prepares the fertile ground for local AI development, dedicating almost $15 billion to advanced AI-powered projects.
Investing - page 5
Best Crowdfunding Platforms for Sustainable Projects
Although sustainability is at the top of the agenda for many global countries, initiatives promoting sustainable practices and technologies are not always favoured by institutional investors. Whether they lack clear statistical justification of the innovation utility or lack impact scale, reasons for the lack of funding might be different but the outcome is the same […]
SoftBank and OpenAI Unveil Japan Joint Venture
SoftBank Group chief executive officer Masayoshi Son on Monday, February 3, announced that he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to offer artificial intelligence services to corporate clients.
Grayscale Launches Dogecoin Trust
Grayscale Investments is launching the Grayscale Dogecoin Trust, boosting institutional adoption among the enhanced interest in memecoins.
Trump Media Plunges Into DeFi
Trump Media and Technology Group launches a fintech brand Truth.Fi aligned with the broader DeFi ecosystem through its planned investments in Bitcoin and other digital assets.
Humanity Protocol Secures Valuation of $1.1 Billion
Humanity Protocol has secured a fully diluted valuation of $1.1 billion after raising $20 million in a funding round co-led by Jump Crypto and Pantera Capital.
China’s DeepSeek AI Model Wreaks Havoc on Tech Stocks
The success of an open-source AI model, DeepSeek, created by a Chinese startup, caused significant declines in major tech stocks, including Nvidia, Microsoft, and Meta.
Meta Plans to Spend as Much as $65 Billion on AI Efforts in 2025
Meta Platforms Inc. chief executive officer Mark Zuckerberg said on Friday, January 24, that in the current year, this technology giant intends to invest up to $65 billion in projects related to artificial intelligence.
Citi Says Asian Tech Fundraising to Increase in 2025
Citi predicts an increase in momentum in Asian fundraising for technology companies in the current year.
Donald Trump Announces $500 Billion AI Infrastructure Investment
OpenAI chief executive officer Sam Altman, SoftBank CEO Masayoshi Son, and Oracle chairman Larry Ellison arrived at the White House on Tuesday, January 21, along with the President of the United States Donald Trump, and executives from other technology companies, to announce large-scale private sector investments in artificial intelligence infrastructure in the US.
PayPal Leads $13M Funding Round for Insurtech Olé Life
Olé Life, supported by PayPal investments, focuses on redefining financial protection for families in Latin America by offering simple digital insurance products designed for long-term stability.
AI Agent Market Cap Sees Tremendous Growth
The market capitalisation of cryptocurrencies traded by AI agents surged by 322% in the fourth quarter of 2024.
Trading Platform Groww Considers 2025 IPO
India’s largest retail stock trading platform Groww is eyeing an initial public offering (IPO) this year.
Female-Led Fintech: Top Apps Addressing Gender-Specific Issues
While the progress of gender equality in the world is unquestionable, a larger part of the global unbanked population is female, with the divide being more prominent in developing economies. However, select fintech startups focus on narrowing this gap, addressing gender-specific financial challenges with their tech-driven solutions.
Microsoft to Invest $3 Billion in India
Microsoft chief executive officer Satya Nadella announced last Tuesday, January 7, that the company would spend $3 billion to expand its Azure cloud and artificial intelligence capacity in India.
Micron to Expand Its Manufacturing Footprint in Singapore
Micron Technology Inc. intends to invest $7 billion to expand its manufacturing footprint in Singapore over the next few years.
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