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Big Tech companies have piled on $350 billion in AI-related debt, with European markets now feeling the financial strain. The debt surge, driven by massive investments in data centers, raises concerns about long-term sustainability and global economic impacts.
Prosus reports a doubling of profit as its diversified investments in e-commerce and digital platforms pay off, moving beyond its reliance on Tencent.
Tencent is reportedly considering exiting several of its minority stakes in Japanese game studios, including Marvelous Inc., as it reassesses its global gaming portfolio. The move signals a strategic shift amid changing market dynamics and increasing competition.
Eighteen48 Partners has raised €175 million for its inaugural private equity fund, targeting mid-market buyouts across Europe through independent sponsors.
Sam Altman's personal investments are under political scrutiny as OpenAI prepares for its planned IPO, raising questions about transparency and potential conflicts of interest.
South Korean AI chipmaker Rebellions has raised $400 million in a pre-IPO round, valuing the company at $2.34 billion. The funding, led by Samsung, SK Hynix, and Aramco, signals strong investor confidence in its AI inference chip technology.
NVIDIA has invested $2 billion in Nebius Group, an Amsterdam-based AI cloud company, to boost compute capacity and strengthen their technical collaboration.
