$25B Investor: AI Cycle Extends Beyond Chips
📋 Key Facts ✓ Diameter Capital Partners manages approximately $25 billion in assets. ✓ The firm invested in unsecured debt of a midsize...
Dec 22Business Insidereconomics
📋 Key Facts ✓ Diameter Capital Partners manages approximately $25 billion in assets. ✓ The firm invested in unsecured debt of a midsize...
US President Donald Trump says now that Nicolas Maduro is gone, more US oil companies will enter Venezuela and spend billions revitalizing its oil industry. Several key questions have to be answered....
📋 Key Facts ✓ JPMorgan is exploring crypto trading for institutional clients ✓ The move represents a significant deepening of ties to t...
Brian Niccol said he wanted Starbucks to feel like the coffee shop from "Friends." Justin Sullivan/Getty Images Starbucks CEO Brian Niccol said a fictional café guided his vision of what his s...
China’s biggest tech groups and a clutch of fast-rising consumer electronics brands are battling for coveted sponsorship slots at the Spring Festival Gala, as intensifying competition in artificial in...
Russian President Vladimir Putin took questions on the war and the economy during his annual televised phone-in event. Contributor/Getty Images Most Russians expect the war with Ukraine to end in 2026...
AMD CEO Lisa Su says AI will soon need "10 yottaflops" of compute — a scale of computing power the world has never built before. Caroline Brehman / AFP via Getty Images AI will soon need...
Mehdi Paryavi, CEO of the International Data Center Authority, says overusing AI may make workers look more productive while quietly eroding the confidence and thinking skills their careers depend on....
China’s central bank has set the yuan’s daily reference rate at its strongest level in 15 months, as the currency strengthened in offshore trading and briefly broke through the closely watched seven-p...
Brian Moynihan, Chairman and CEO of Bank of America Anna Moneymaker/Getty Images President Donald Trump's trade push is de-escalating after months of tariff turmoil, BofA CEO Brian Moynihan said. Tari...
Lou Gerstner, the former CEO of IBM, has died at 83. James Leynse/Corbis via Getty Images Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and ...
📋 Key Facts ✓ Novo Nordisk, a Danish company, has US approval for its weight-loss drug as a daily oral pill. ✓ This is the first oral o...
AT&T's corporate headquarters in Dallas. Ronald Martinez/Getty Images AT&T told staff in a memo that it is moving its global headquarters to Plano, Texas. The new corporate campus would consolidate th...
AI pioneer Geoffrey Hinton Pontus Lundahl/TT News Agency/AFP via Getty Images The "godfather of AI" says AI could trigger a new wave of job losses in 2026. "We're going to see AI get even ...
Brazil is preparing to waive visa requirements for Chinese citizens travelling for tourism and business, local media reported on Wednesday citing government sources, in a move that would mark a signif...
High cocoa prices pushed Singapore's Mr. Bucket Chocolaterie to innovate across its business. Huileng Tan/Business Insider Faced with soaring cocoa prices, Mr. Bucket Chocolaterie is turning crisis in...
Smartphone prices are expected to increase in 2026 due to RAM shortage caused by AI boom. PixelsEffect/Getty Images Smartphone prices may rise in 2026 due to increased demand for RAM in AI data center...
Getty Images; Angle Bush; Moonvalley; Rebecca Zisser/BI Since OpenAI launched ChatGPT in November 2022, the AI sector has undergone a significant transformation. Model capabilities have advanced, agen...
GOG is splitting from CD Projekt, the game company that launched the preservation-focused PC gaming marketplace in 2008. In an update on Monday , GOG announced that its co-founder, Michał Kici...
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/...