Samuel Nwite
AUTHOR: Samuel Nwite
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...
UAE’s MBZUAI Launches Low-Cost Reasoning Model to Challenge OpenAI and DeepSeek
The United Arab Emirates (UAE) has launched a low-cost reasoning model, joining the global AI arms race.
The Mohamed bin Zayed University of Artificial Intelligence...
Berlin’s Born Raises $15M to Reimagine AI Companions as Social, Not Isolating
Berlin-based AI gaming startup Born has secured $15 million in Series A funding, bringing its total raised to $25 million, as it seeks to...
Replit Hits $3bn Valuation With $250m Raise as AI Coding Race Intensifies
Replit, the fast-growing collaborative coding startup, has closed a $250 million funding round at a $3 billion valuation, marking one of the most notable...