News & Views
Anthropic reveals a revenue increaseAnthropic recently filed for an IPO which could rival SpaceX’s previous record-breaking listing. This move comes as the AI business reveales a rise in revenue and billions of dollars...
The U.S. invests in semiconductor research and developmThe U.S. Commerce Department recently allocated $389 million in R&D funding to four companies working on semiconductor development. This action was in alignment with the government’s CHIPS and Science...
Ericsson enjoys a healthy Q3 2026 thanks to mobile netwEricsson recently announced a healthy Q3 2026 revenue rise with its performance boosted by higher sales in its Network division and effective efficiency measures. However the company’s new CEO...
Nvidia is looking to invest $2 billion in European AINvidia‘s CEO Jensen Huang has reportedly outlined plans for the company to invest $2 billion across Europe in an effort to increase the adoption of AI technology and the...
SoftBank Group looks to target $100 billion in Gulf funSoftBank Group is reportedly targeting up to $100 billion in funding to scale up the company’s AI ambitions. Apparently there are a number of investors in the Gulf in...
Samsung Electronics forecasts a record Q3Samsung Electronics recently forecast an operating profit of KRW107.4 trillion ($80.2 billion) in its preliminary Q3 figures. If attained this would be the first time the company would surpass...
Nscale raises $3.4 billion in pre-IPO financingNscale recently obtained $3.4 billion in pre-IPO financing as the UK-based AI infrastructure company makes preparations for a U.S. public listing. Bloomberg reported Third Point led the convertible note...
Microsoft plans to invest for large-scale Gulf expansioMicrosoft has recently announced plans to invest over $10 billion in cloud, data centre and AI infrastructure across the United Arab Emirates, Saudi Arabia, Qatar and Kuwait by 2030....
Google invests €13 billion in Finnish digital infrastGoogle recently announced their intentions to invest roughly €13 billion in digital infrastructure across Finland over the next two years. This move would put AI facilities, nuclear power and...
Mistral raises €3 billion in funding roundMistral recently raised around €3 billion in a Series D funding round led by Samsung Electronics. This momentum has helped take the French AI player’s valuation above €21 billion...
Data centre spending could hit $32 Trillion by 2050Accord to a recent report published by consultancy group PwC, global spending on data centres is set to hit $31.6 trillion by 2050 as demand for AI computing capacity...
Nvidia to acquire AI startup Hugging FaceNvidia recently agreed to acquire Hugging Face for $13 billion. The company went on to pledge that it would to scale the AI startup’s platform, strengthen infrastructure and expand...
KARTY LLC receives the Visa FinTech Innovation Award foKARTY LLC, Qatar’s leading digital wallet and payment startup, has received Visa’s FinTech Innovation Award, recognising its work to advance digital payments and money management services in Qatar. The...
Google Cloud launches Gemini Enterprise for financial sRecently, Google Cloud unveiled Gemini Enterprise for Financial Services, a purpose-built agentic AI solution engineered for financial professionals. This solution includes a Google-managed Financial Research agent, more than 50...
Nvidia receives Wall Street capital for AI infrastructuNvidia has recently joined forces with some of Wall Street’s largest banks and investors to raise $500 billion in capital for AI infrastructure development. The chipmaker said it had...
New Splunk research reveals downtime is a $600 billion Cisco recently announced the release of Splunk’s latest research, The Hidden Costs of Downtime, revealing the aggregate cost of unplanned downtime for Global 2000 companies has surged to $600...
Anthropic could reach $1 trillion valuationAnthropic recently raised $65 billion in its latest funding round, which took its valuation to $965 billion as investor money continues to pour into AI companies. Financial Times reported...
China examines a $295 billion AI planChina is reportedly planning an investment of around CNY2 trillion ($295 billion) over the next five years to build out data centres across the country. State-owned telecoms operators will...
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...
