Samuel Nwite
AUTHOR: Samuel Nwite
Perplexity Raises $200 Million at $20 Billion Valuation After Chrome Bid
AI startup Perplexity has secured commitments from investors for $200 million in new funding at a $20 billion valuation, The Information reported Wednesday, citing...
Geregu Power Forecasts N12.1bn Q4 Profit, Eyes Strongest Year Yet Amid Revenue Growth
Geregu Power Plc has projected a post-tax profit of N12.1 billion for the fourth quarter of 2025, a slight uptick from its N11.7 billion...
Klarna Gives Employees Rare Chance to Cash Out Equity Amid IPO Surge
Klarna’s Wall Street debut has not only revived the fintech’s long-awaited IPO ambitions but also delivered a rare windfall opportunity for its employees.
In a...
Alibaba to Raise $3.2bn via Zero-Coupon Convertible Bond, Fueling Global Cloud and AI Push
Alibaba Group has announced plans to raise $3.2 billion through a zero-coupon convertible bond, the largest such offering this year, according to Dealogic data.
The...
Musk Reclaims World’s Richest Title as Ellison Surges on AI Boom — A Tale...
Elon Musk has reclaimed his perch as the world’s richest man, but his grip on the title is far from secure. The Tesla and...