Sequoia Capital isn’t looking to become an active investor going forward in companies involved in the building blocks of artificial intelligence technology, its steward Roelof Botha said on the sidelines of a JPMorgan Chase & Co. conference in London on Monday.
Visa Inc. unveiled a $100 million plan to invest in companies focused on generative artificial intelligence.
BYD Co. came within a whisker of toppling Tesla Inc. as the world’s biggest seller of electric vehicles last quarter, as the Chinese automaker pushed into new markets and factory downtime led to Tesla’s first quarterly delivery decline in more than a year.
Lawmakers will discuss one of Singapore’s largest-ever money-laundering cases in parliament as the government comes under pressure to tighten rules and crack down further on cross-border organized crime.
Dish Network Corp. was fined $150,000 by US regulators for leaving a retired satellite parked in the wrong place in space, reflecting official concern over the growing amount of debris orbiting Earth and the potential for mishaps.
Romania’s economy has surged since joining the EU in 2007
Failed crypto lender Celsius Network kicked-off a bankruptcy trial over its plan to restart as a user-owned Bitcoin miner, telling a judge it wants to repay customers whose funds have been frozen on the platform since June 2022 a portion of what they’re owed by year’s end.
Elliott Investment Management, best known as an activist investor, is exploring a potential sale of the private technology company Gigamon, which it acquired in 2017, according to people familiar with the matter.
Vista Equity Partners is exploring a sale of Quickbase that may value the software company at more than $2.5 billion, including debt, according to people with knowledge of the matter.
The first-ever exchange-traded funds based on Ether futures began trading in the US, capping a years-long battle by firms to provide investment vehicles centered on the second-largest digital token.
