SoftBank to Fund AI Startup Perplexity with $3 Billion Valuation
SoftBank's equity investment supports Perplexity's current business partnership. This year, the startup revealed a collaboration to ...
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Samsung Receives $6.4 bn from the US Government to Boost Chip Production
Samsung plans to invest over $40 billion in the sector including two foundry fabrication sites Biden ...
AI Startup Anthropic Secures $2.75 Billion Investment from Amazon
Amazon has made its largest outside investment in thirty years. This was done to gain an ...
Nvidia Surpasses Tesla as Market Shifts Focus From EVs to AI
Nvidia's ascent has captivated the stock market and propelled the S&P 500 Index to new highs. ...
Microsoft Adds Dazzling AI Features to Windows, Cementing its AI Dominance
Microsoft's latest update to Windows 11 has introduced a plethora of innovative features, further solidifying its ...
Toyota Sees Profit Jump as Chip Shortage Eases
Japan's multinational automotive manufacturer, Toyota, announced excellent sales in every region for the first three-quarters of ...
NVIDIA and Amazon Forge Major AI Alliance
The joint effort positions both NVIDIA and AWS as new leaders in AI innovation as other ...
Zhongzhi Headed for Insolvency With a Debt Mountain of $64 Billion
Zhongzhi is a major player in the $3 trillion shadow banking sector operating in China Zhongzhi ...
Amazon to Invest $4 Billion in AI Startup Anthropic
Anthropic was founded by a group of former OpenAI employees, led by Dario Amodei after differences ...
SoftBank Looks to Raise $4.87 Billion with Upcoming IPO
SoftBank's Arm is an integral part of the chip supply chain and earlier the company had ...
The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
