Samuel Nwite
AUTHOR: Samuel Nwite
Heirs Energies Buys 20% of Seplat for $500m, Becomes Largest Shareholder in Landmark Africa-Backed...
Tony Elumelu’s Heirs Energies has emerged as the single largest shareholder in Seplat Energy after acquiring a 20% stake in the Nigerian oil and...
Chinese AI Firm MiniMax, Others, Launch $2.15bn Hong Kong IPO In Year-End Rush
Chinese artificial intelligence startup MiniMax Group has taken center stage in Hong Kong’s resurgent equity markets, spearheading six new listings worth a combined HK$16.7...
Michael Burry Says He’s not Shorting Tesla, Can’t Bet Against Musk
Michael Burry has moved to clear the air after reigniting debate around Tesla’s towering valuation, insisting that while he views the electric vehicle maker...
Meta’s $2bn Bet on Manus Sharpens the AI Revenue Question — and Washington’s China...
Meta Platforms’ acquisition of Manus for about $2 billion does more than add another artificial intelligence startup to Mark Zuckerberg’s expanding AI empire. It...
Nvidia in advanced talks to buy Israel’s AI21 Labs in $2–3bn talent-led deal
Nvidia is in advanced negotiations to acquire Israeli artificial intelligence startup AI21 Labs, in a deal that could value the company at between $2...