Polymarket reportedly raises $300 million from Donald Trump Jr.’s investment fund
The firm, 1789 Capital, led the funding round that reportedly will total around $1 billion. Image: Erik Mclean / Pexels Source: TechCrunch
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Spain’s SETT, South Africa’s KAG Launch $28.5 Million Audiovisual Venture
Spanish state investment vehicle SETT and South Africa’s Known Associates Group are teaming on a major audiovisual venture in Spain, encompassing a Madrid-based production company and post-production studios in the Canary Islands and Basque Country. SETT, the investment arm of Spain’s Ministry for Digital Transformation, will commit €12.7 million ($14.5 million) to two public-private ventures…
TAICCA, MoMI Expand Partnership for Taiwanese Immersive Content in New York – Global Bulletin
IMMERSIVE INVESTMENT Taiwan Creative Content Agency (TAICCA) and the Museum of the Moving Image (MoMI) have entered a three-year partnership expanding Taiwanese immersive work in New York, building on a 2026 collaboration that drew more than 3,000 screenings at near-90% daily capacity. The deal launches with two works running at MoMI through Sept. 6: “Proof…
OpenAI trial: Nadella says Musk never raised concerns to him about Microsoft investment
Elon Musk named Microsoft as a defendant in his lawsuit against OpenAI Image: Solen Feyissa / Pexels Source: CNBC
Stocks Pare Oil-Fueled Rout on Trump’s Assurances
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…
How Starmer Stumbled Into a French-Style Fix for Britain’s Woes
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
OpenAI raises $110B in one of the largest private funding rounds in history
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
Thrive Capital invested about $1 billion in OpenAI at a $285 billion valuation, source says
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 Launches MCT Credit Solutions (EXCLUSIVE)
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…
Nvidia is in talks to invest up to $30 billion in OpenAI, source says
The investment is separate from the $100 billion infrastructure agreement that OpenAI and Nvidia announced in September. Image: Mariia Shalabaieva / Unsplash Source: CNBC