#investment

#investment

The company just announced a $100 million investment round led by The Fund for Export Development in Africa (FEDA), the development arm of Afreximbank. The raise marks Africa's largest-ever EV mobility investment and cements Spiro as the continent's most aggressive electric motorbike company. Spiro says it plans to deploy more than 100,000 electric bikes across Africa by the end of 2025, a 400% year-over-year jump that underscores its ambition to dominate a category long considered too fragmented to scale.

Lehane told the audience: No we are going to be in Australia, one way or the other. Lehane said countries generally chose one of two positions when it came to copyright restrictions and AI. One was to take a US-style fair use approach to copyright, allowing for the development of frontier (highly advanced, large-scale) AI, while the other was to maintain a historic position on copyright, limiting AI's scope.

Bristol-born billionaire Steve Lansdown has been majority shareholder of his hometown club since 1996 but admitted in 2021 he was searching for additional investment, which could mean a full takeover. "Yes, we had conversations with him [Alalshikh] and we are up for investment but it has to be the right investment," Rawcliffe told a fans' forum, external on Wednesday. He added there had been overseas interest from both "US and Middle East-based backers" and reiterated the Lansdown family had a desire to sell the club.

The purchase of U.S.-based Aligned Data Centers from Australian Macquarie Asset Management on Wednesday is the first deal for the AI Infrastructure Partnership formed last year which includes Abu Dhabi-based fund MGX and Elon Musk's startup xAI among its backers. "With this investment in Aligned Data Centers, we further our goal of delivering the infrastructure necessary to power the future of AI," said BlackRock CEO Larry Fink, who also serves as the chairman of the AI Infrastructure Partnership.

The BCC's budget submission focuses on policies to encourage investment, strengthen the workforce, support exports and develop infrastructure. The BCCs top four recommendations are for the Chancellor not to make more taxes on business, alongside reforming business rates and the axing of the windfall tax on oil and gas Labour should prioritise infrastructure investment and approval, including more rail projects, alongside a new runway at Heathrow and continued support for Gatwick and Luton.

In a new essay, he calls this approach "pure fantasy thinking." The problem? Human hands are incredibly sophisticated, packed with about 17,000 specialized touch receptors that no robot comes close to matching. While machine learning transformed speech recognition and image processing, those breakthroughs built on decades of existing technology for capturing the right data. "We don't have such a tradition for touch data," Brooks points out.

Palantir plans to make the UK its European HQ for defense. The move will create up to 350 new jobs, an official announcement stated. The data analytics company, founded with cash from the CIA-backed investment fund In-Q-Tel, has attracted controversy by providing digital profiling tools for the CIA and US immigration agency ICE. None of that was about to stop the UK from diving into bed with Palantir, though.

Top tech names were on the guest list for the banquet thrown for President Trump during his second state visit to the UK on Wednesday. The banquet seating chart included NVIDIA CEO Jensen Huang; Apple CEO Tim Cook; venture capitalist and White House AI and crypto czar David Sacks; Alphabet and Google president Ruth Porat; Microsoft CEO Satya Nadella; Salesforce CEO Marc Benioff; and OpenAI's Sam Altman, according to the New York Times.

This partnership is a major vote of confidence in UK leadership in defence, data and AI technology and as an ideal location for companies to invest and expand. By harnessing the power of AI, we will boost the effectiveness of our armed forces, ensuring they have the tools they need to keep the British people safe. The work will unlock billions of pounds of investment into UK innovation, creating hundreds of skilled UK jobs and making defence the leading edge of innovation in Nato.

A growing number of the world's richest entrepreneurs are using their wealth to fight aging. They're taking supplements, abiding by fitness routines, and investing millions into research. BI rounded up a list of 8 entrepreneurs actively seeking the fountain of youth. These days, a big topic at the diplomatic round table is apparently living for over a century.

SAN JOSE A Bay Area investor has bought an empty former Safeway store in a deal that could breathe new life into a downtown San Jose site that has been vacant for six years. Babu Paturi, who is based at a residence in San Jose, paid $2 million in an all-cash deal to buy the site at 100 South Second St., according to documents filed on Sept. 8 with the Santa Clara County Recorder's Office. Paturi is the manager of at least one LLC, state and county public documents show.

Despite the significant achievements and astounding talent in the world's most popular female sports leagues, professional women's sports often receive less attention and resources than men's. From media coverage and salaries to sponsorship opportunities and promotional campaigns, female athletes are given short shrift. Though they get but a fraction of the resources and opportunities that their male counterparts receive, these ladies nonetheless give it their all, playing with spirit and passion.

The reduction to 15% from the previous 25% was agreed between the two sides on July 22. "Tariff negotiations between Japan and the United States was the top priority for the government and we have put all our effort into achieving an agreement in a best possible way as soon as possible," Ishiba said Friday. "The way it was achieved ... is just excellent."

Japanese carmaker Toyota said on Wednesday it will invest 680 million euros ($792 million) on a new production line in the Czech Republic to make a battery electric car.The line will be built with a government incentive of up to 64 million euros ($75 million) to expand Toyota's existing plant in Kolin, around 50 kilometers (31 miles) east of Prague, the Czech government and the company said in a joint statement.

CityFibre credits Mesch as having been the driving force behind its emergence as "the UK's leading digital infrastructure challenger" and "transforming" the sector with "innovative products, competitive economics" and "exceptional" service to become a real competitor to market leaders Openreach and Virgin Media O2.

It doesn't hurt that, at the end of 2022, a U.S. Department of Energy lab announced that it had produced a controlled fusion reaction that produced more power than the lasers had imparted to the fuel pellet. The experiment had crossed what's known as scientific breakeven, and while it's still a long ways from commercial breakeven, where the reaction produces more than the entire facility consumes, it was a long-awaited step that proved the underlying science was sound.

Krafton plans to invest upwards of $50 million (roughly Rs. 441.1 crore) annually in India.

Quantum computing could be humanity's biggest breakthrough since the discovery of fire, enabling problem-solving beyond the capabilities of current computers, potentially revolutionizing industries.

The $15 million infusion into the St. Louis Brewery revitalizes the manufacturing ecosystem in Missouri, modernizing supply chain infrastructure for efficiency and job creation.

"Every company can securely turn its enterprise data into AI apps and agents to grow revenue faster, operate more efficiently, and make smarter decisions with less risk," Ghodsi said.

Eight Sleep's AI-powered sleep technology, including the flagship Pod, automates sleep enhancement through real-time tracking of health metrics, leading to significant sales and data insights.

Nominal plugs into a company's existing enterprise resource planning (ERP) system and helps CFOs and controllers automate tasks to reduce manual work and errors.

Maven Capital Partners has invested £2.6 million in PowerPhotonic, emphasizing its growth plans supported by previous funding from Archangels and Scottish Enterprise. This funding will help the precision optics specialist scale operations and expand its Arizona manufacturing base, enhancing its sales and marketing efforts.

The executive order signed by President Trump allows riskier assets, such as cryptocurrencies and private equity, to be included in 401(k) plans, pending regulatory changes.

Snap operates the popular Snapchat social media platform, attracting 469 million daily users and is innovating its advertising tools to improve performance for businesses.

Anthropic has told investors it is displeased by the prevalence of a popular kind of investment vehicle being marketed to those eager to get in on the AI boom. In its latest funding round, the AI startup is raising around $5 billion at a $170 billion valuation. It told one of its largest investors, Menlo Ventures, that the venture capital firm must use its own capital and not resort to a special purpose vehicle, or SPV, as it did in a previous funding round.