Investing - page 5

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.

News

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.

Science & Technology

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.

Science & Technology

OpenAI Closes Funding at $157 Billion Valuation

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

Science & Technology

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.

Blockchain & Crypto

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.

Science & Technology

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.

News

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.

Science & Technology

Samsung Plans to Invest $1.8 Billion More in Vietnam

South Korea’s Samsung Display Co. intends to invest $1.8 billion in a project to build a factory in the northern part of Vietnam.

News

Microsoft and BlackRock to Launch Fund for AI Infrastructure

BlackRock and Microsoft intend to launch a fund worth more than $30 billion to invest in artificial intelligence infrastructure.

Finance & Economics

VC Firm Insight Partners Reportedly Prepares to Close $10 Billion-Plus Fund

The media reports that the venture capital company Insight Partners is currently preparing to close a fund worth more than $10 billion.

Science & Technology

World Labs Gets Investments to Develop Spatially Intelligent AI

World Labs has announced that it has managed to raise investment funds for $230 million, which will be used to develop large world models.