A selloff in stocks and bonds was trimmed as assurances on American action to secure shipping lanes through the Strait of Hormuz amid the Iran war pared what had been an over 9% surge in oil. Following an earlier slide in the S&P 500 that reached 2.5%, the equity benchmark dropped less than 1%. President Donald Trump said the US will escort and insure tankers and…
The UK’s growth plan is simple. It wants more investment to deliver higher productivity that lifts wages and boosts living standards. There is an unfortunate consequence, however: unemployment. Image: Jing Zhan / Pexels Source: Bloomberg
The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion valuation. Image: Zac Wolff / Unsplash Source: TechCrunch
The investment was separate from the $100 billion funding round that OpenAI is finalizing, according to a source. Image: Kostiantyn Li / Unsplash Source: CNBC
Media Capital Technologies is launching MCT Credit Solutions, a private credit investment platform focused on asset-backed and cash flow-based financing opportunities across the lifecycle of premium content. The platform is being created in partnership with MassMutual. In its first major deal, MCT Credit Solutions has provided BondIt Media Capital with a $100 million credit facility…
The investment is separate from the $100 billion infrastructure agreement that OpenAI and Nvidia announced in September. Image: Mariia Shalabaieva / Unsplash Source: CNBC
Moelis & Co. recently advised Excel Sports Management on its sale to Goldman Sachs, valued at $1 billion. Image: Kaiwalya Limaye / Pexels Source: Hollywood Reporter
Reliance has begun building multi-gigawatt AI data centers in Jamnagar, with more than 120 MW of capacity expected to come online in 2026. Image: Felix Mittermeier / Pexels Source: TechCrunch
Power Corp. of Canada chose former investment banker James O’Sullivan as its chief executive officer, taking over from Jeffrey Orr, who revamped the financial group with a series of deals during his six years in charge. Image: Markus Spiske / Pexels Source: Bloomberg
India is ramping up shared AI compute, adding 20,000 GPUs as part of a broader push to attract global AI investment. Image: Levi Meir Clancy / Unsplash Source: TechCrunch
