ByteDance Plans $23B AI Spending to Match US Rivals
📋 Key Facts ✓ ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. ✓ The expenditure aims to build AI inf...
Dec 23Financial TimesTechnology
📋 Key Facts ✓ ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. ✓ The expenditure aims to build AI inf...
📋 Key Facts ✓ Inversion Capital CEO Santiago Roel Santos argues against casino-like features in fintech prediction markets. ✓ These fea...
📋 Key Facts ✓ Metaplanet is Japan's largest corporate Bitcoin holder ✓ Approval for issuance of preferred shares with dividends ...
📋 Key Facts ✓ Putting real-world assets onchain opens up new markets. ✓ Tokenization increases capital velocity. ✓ ...
📋 Key Facts ✓ Diameter Capital Partners manages approximately $25 billion in assets. ✓ The firm invested in unsecured debt of a midsize...
Protesting French farmers entered the centre of Paris and reached the Eiffel Tower on Thursday with more heading to the French capital amid anger over a free trade agreement between the Europea...
ValentynVolkov/Getty Images Separately managed accounts in the hedge fund industry boomed in 2025. Insiders say demand will only accelerate the trend in 2025. Emerging managers face challenges from ta...
China is taking steps to reshape the direction of its foreign investment, unveiling a revised catalogue of encouraged industries that steers overseas capital towards the advanced and technologically c...
China’s robotics industry may need at least five years before humanoid models reach a similar level of acceptance to electric vehicles, according to private equity firm Hermitage Capital, the latest v...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Schwab Center for Financia...
On December 31st, a brand-new account on Polymarket placed a bet: Nicolás Maduro, the leader of Venezuela, would be out of office by the end of January. It was the first in a series of increasi...
A girl reaches up to burst a large bubble on the Palace Plaza in Stuttgart, Germany, 19 October 2017. Photo: Marijan Murat/dpa (Photo by Marijan Murat/picture alliance via Getty Images) Marijan Murat/...
Andreas Halvorsen runs $55 billion Viking Global. Scott Olson/Getty Images Stuart Brown is stepping down as head of trading at $55 billion hedge fund Viking Global. Brown has worked at the hedge fund ...
Attorney Alex Spiro wrote to California Gov. Gavin Newsom saying several of his clients would relocate if a billionaire tax were implemented. Ramsay de Give-Pool/Getty Images; Michael M. Santiago/Gett...
ShopMy founders Harry Rein, Tiffany Lopinsky, and Chris Tinsley. Courtesy of ShopMy AI and social commerce are fueling millions of dollars in investments in the creator economy. Startups from generati...
Google cofounder Larry Page has cut his ties to California Justin Sullivan/Getty Images Google cofounder Larry Page is cutting ties with California. A source said Page had already left the state. He h...
From left: Anthony Gutman, David Solomon, Jacqueline Arthur. Courtesy of Goldman Sachs 10 Goldman Sachs leaders shared their go-to book and podcast recommendations. Business Insider asked the CEO and ...
Brevan Howard is now run by CEO Aron Landry, who succeeded the firm's billionaire founder, Alan Howard. Brevan Howard Brevan Howard returned 8% and 0.8% in its two largest funds for 2025, a person clo...
The author is grateful for the gift her grandfather gave her when she turned 21. Courtesy of Alice Draper For my 21st birthday, my grandfather gave me 21,000 South African rand (about $1,500 USD). How...
Nvidia CEO Jensen Huang Patrick T. Fallon / AFP via Getty Images Nvidia's $20 billion Groq deal signals an important shift in the AI market. AI workloads are moving from model training to real-time in...