News & Views
OpenAI finalises joint venture to support AI deploymentThe Deployment Company is a new joint venture (JV) being finalised by OpenAI with investment firms. This venture aims at helping businesses use its AI software in day-to-day operations....
Anthropic collaborates on enterprise AI services entityAnthropic recently collaborated with Blackstone, Goldman Sachs and private equity firm Hellman & Friedman to launch an enterprise AI services entity with a value of about $1.5 billion. The...
Apple enjoys a record Q2 thanks to China revenueApple‘s outgoing CEO Tim Cook recently highlighted record Q2 revenue on an earnings call, emphasised by a 28% increase in China. The news comes despite supply chain issues for...
Cloud spending crosses the $500 billion markSynergy Research Group recently unveiled their findings about global cloud infrastructure spending by enterprises. The group determined that the spending had surpassed an annualised run rate of half-a-trillion dollars...
Amazon plans to invest billions in Anthropic AIAmazon recently announced plans to invest up to $25 billion in Anthropic as the pair deepen a partnership focussed on developing large scale compute infrastructure for generative AI. The...
Meta Platforms to become a frontrunner in advertising rAccording to a new report from Emarketer, Meta Platforms will soon overtake Google in terms of total advertising revenue by the end of 2026 both globally and within the...
Amazon looks to acquire Globalstar for $11.6 billionAmazon entered into a deal to acquire Globalstar for around 11.6 billion as it looks to bolster its Amazon Leo satellite business with direct-to-device (D2D) services. Amazon stated it...
Kaspersky reports strong 2025 financial resultsKaspersky posted positive sales results that grew by 4%* year-on-year (YoY) and approached USD 836** million in 2025. This expansion was principally driven by a 16% YoY sales growth...
SoftBank takes out loan to fund OpenAI investmentSoftBank Group recently took out a $40 billion bridge loan from a collection of big name financial institutions. In part this move was calculated to cover an additional investment...
AT&T marks anniversary with the promise of a multiAT&T recently celebrated the 150th anniversary of the first telephone call with a plan to invest more than $250 billion over the next five years to strengthen and expand...
India looks to support massive AI chip ventureIndia’s government has approved $360 million in subsides for Japan’s Mitsui & Co and Aoi Electronics to set up a chip assembly facility with local partner Kaynes Semicon. The...
Japan sets AI chip targetJapan recently outlined a long-term goal to significantly boost AI chip production. The country is targeting JPY40 trillion ($252.4 billion) in sales by 2040 after previously aiming for JPY15...
Nvidia reports record $215 billion revenueChip giant Nvidia recently reported a record annual revenue of $215.9bn (£159.1bn), despite a wave of investor scepticism about the amounts of money being spent on AI technology. The...
Amazon to invest $12 billion on U.S. state data centre Amazon recently announced plans to invest $12 billion on new data centre campuses in the U.S state of Louisiana. This move is designed to help increase the company’s AI...
HUMAIN invests $3 billion in xAISaudi Arabia-backed Humain recently invested $3 billion into Elon Musk’s xAI, thereby becoming a significant minority shareholder in the company. The investment was part of a $20 billion funding...
Anthropic AI enjoys an additional $30 billion in fundinAnthropic AI recently raised $30 billion from a group of financial backers. This move saw the value of the company hit $380 billion post‑investment. The long-rumoured round was co-led...
The value of the 5G sector is on the riseThe value of the global 5G equipment sector could hit $265 billion by 2035, driven by the evolution of technology like AI and private networks. according to market research...
Semiconductor sales to hit $1 trillion in 2026According to the U.S. Semiconductor Industry Association (SIA), global chip sales are projected to reach the $1 trillion mark globally in 2026, with AI, IoT, 6G and autonomous fuelling...
Apple sees a surge in Q1 growthApple recently announced record quarterly results for Q1 2026, with China displaying the best iPhone quarter in its history and seeing double-digit year-on-year traffic growth in its stores. CEO...
SoftBank looks to grow its stake in OpenAISoftBank Group is looking to boost its existing 11% stake in OpenAI to an even more substantial amount. Bloomberg reported that the Japan investment company is holding discussions about...
