DigitalOcean partners with AMD to offer affordable AI GPUs for developers

NEW YORK: DigitalOcean Holdings, Inc. (NYSE: DOCN) announced a collaboration with AMD to provide its customers with access to AMD Instinct™ GPUs, (AI GPUs) starting with the MI300X model, to…

NNR June 12, 2025

Wire

German start-up Proxima Fusion raises €130 million to develop fusion power plant

MUNICH: German start-up Proxima Fusion announced Wednesday it raised 130 million euros ($148 million) in a record funding round, with investors betting the company can develop the world’s first commercial…

NNR June 11, 2025

Wire

Global economic growth to slow to 2.3% in 2025 amid rising trade tensions, World Bank reports

WASHINGTON: The global economy is facing significant headwinds as growth is projected to slow to 2.3% in 2025, the weakest pace since 2008 outside of outright recessions, according to the World…

NNR June 10, 2025

Wire

Brown & Brown to acquire Accession Risk Management in $9.83 billion deal

AM Best expects the company’s prospective technical performance to be more stable, underpinned by actions taken by the management team appointed in 2019, although it remains vulnerable to increases in…

NNR June 10, 2025

Wire

Wayve, Uber to launch first public autonomous vehicle trials in London

LONDON: Wayve and Uber Technologies Inc. announced plans Tuesday to develop and test Level 4 autonomous vehicles on public roads in London, marking the largest market where Uber has proposed such…

NNR June 10, 2025

Wire

Vantage Data Centers raises €720 million in European securitization deal

U.S. data center operator Vantage Data Centers has secured €720 million ($821.4 million) in Europe’s first euro-denominated asset-backed securitization (ABS) deal involving data center assets, the company announced Tuesday. The…

NNR June 9, 2025

Wire

VinaCapital sells stake in Vietnam’s leading private healthcare network

HANOI: VinaCapital Vietnam Opportunity Fund (VOF), a London-listed closed-end fund managed by VinaCapital, has sold its stake in Tam Tri Medical Joint Stock Company (TTMC), Vietnam’s leading private healthcare network, to a…

NNR June 9, 2025

Wire

Warner Bros. Discovery to split into two public companies in tax-free separation

LOS ANGELES: Warner Bros. Discovery announced Monday it will separate into two independent, publicly traded companies in a tax-free transaction aimed at maximizing growth potential for its streaming and studio division and its…

NNR June 9, 2025

Wire

IonQ to acquire Oxford Ionics in $1.075 billion deal to advance quantum computing

OXFORD: IonQ (NYSE: IONQ), a leader in quantum computing, announced Monday it has entered a definitive agreement to acquire Oxford Ionics in a deal valued at $1.075 billion, combining cash and stock…

NNR June 9, 2025

Wire

ShareVault, AM&AA partner to streamline Middle-Market M&A

ShareVault, a provider of secure document-sharing solutions, has announced a strategic partnership with the Alliance of Merger & Acquisition Advisors (AM&AA), an international organization serving middle-market M&A professionals. The collaboration…

NNR June 5, 2025

Wire

HSBC becomes strategic investor in European fintech Token.io

LONDON: European fintech company Token.io announced Tuesday that HSBC has become a strategic investor, signaling a strengthened partnership focused on advancing account-to-account payment solutions. The investment, revealed at Money20/20 Europe, marks a…

NNR June 4, 2025

Wire

Brightstar Capital Partners acquires KZF Design, expanding architectural and engineering reach

NEW YORK: Brightstar Capital Partners, a private equity firm specializing in business services, industrials, consumer, and government services and technology investments, announced Wednesday that it has acquired KZF Design, a…

NNR June 4, 2025