Keywords: Investment
Kandou AI, a Swiss semiconductor startup pivoting toward artificial intelligence infrastructure, has raised $225 million in a funding round backed by SoftBank, Synopsys, Cadence Design Systems and Alchip Technologies. The Lausanne-based company is now valued at about $400 million, marking a major step......
Japanese trading house Itochu and the Japan Organization for Metals and Energy Security (JOGMEC) have strengthened their investment in a consortium linked to the Platreef platinum-group metals mine in South Africa, aiming to support its expansion and secure access to critical resources. JOGMEC recently......
Berkshire Hathaway has acquired a 2.5 percent stake in Japan’s largest insurer, Tokio Marine Holdings, in a deal valued at about $1.8 billion, marking a new strategic partnership between the two companies. Tokio Marine said it would sell treasury shares worth 287.41 billion yen to National Indemnity,......
China has reaffirmed its commitment to a more balanced trade strategy and deeper economic openness, as officials seek to ease global concerns following a record-breaking trade surplus. Speaking at the China Development Forum in Beijing, Premier Li Qiang emphasized that the country will expand imports......
Egypt has announced plans to settle $1.3 billion in arrears owed to international oil companies by June, accelerating its previous repayment schedule. The move is aimed at restoring investor confidence and boosting domestic energy production. Egypt had accumulated around $6.1 billion in unpaid balances......
German chemical giant BASF is reinforcing its long-term commitment to China through its largest-ever investment project, aiming to expand its footprint in the world’s biggest chemicals market. The company is currently developing a major chemical complex in Zhanjiang, a project estimated to cost......
Saudi Arabia is expanding its footprint in the global video game industry. ByteDance, the Chinese company behind TikTok, has agreed to sell its mobile gaming subsidiary Moonton to Saudi-owned Savvy Games for more than $6 billion, according to both companies. Savvy Games was established by the Saudi sovereign......
Amazon chief executive Andy Jassy said artificial intelligence could help Amazon Web Services reach 600 billion dollars in annual revenue within the next decade, significantly raising his earlier forecast, according to remarks reported by Reuters. Speaking at an internal company meeting, Jassy said......
Tencent Holdings reported strong financial results for the fourth quarter of 2025, with revenue reaching 194.4 billion yuan, or about 28.3 billion dollars, marking a 13 percent increase from a year earlier and slightly exceeding analyst forecasts. Net profit attributable to shareholders rose 14 percent......
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