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News
BNP says AI borrowing will end the credit bull market, and it is lending to AI too
2+ day, 16+ hour ago (80+ words) BNP Paribas expects hyperscalers to sell $400B of bonds next year and euro spreads to widen. It was also one of seven banks that lent Mistral $830M....
More Americans are warming to EVs, a new study finds
2+ day, 19+ hour ago (120+ words) US EV market share fell to 5.37%, but charging confidence nearly doubled. The index behind the finding is run from Amsterdam, bought from Nokia in 2015....
Germany is evaluating 30 AI tools for its military with a prototype due in 2027
3+ day, 2+ hour ago (346+ words) The German military is evaluating 30 AI tools to speed battlefield decision-making, with a prototype due in Q2 2027 and introduction in 2028, months after ruling out Palantir....
The Justice Department is investigating whether Nvidia structured its Groq deal to avoid antitrust review
3+ day, 3+ hour ago (765+ words) Seal of Justice Department The US Justice Department is examining whether Nvidia deliberately structured its licensing deal with inference chip designer Groq in a way that avoided antitrust review, according to a New York Times report. The Justice Department opened…...
Harvey closes a $550M round at a $15.6bn valuation and acquires Guardrails AI
3+ day, 22+ hour ago (771+ words) Harvey has closed a $550mn funding round at a $15.6bn valuation, slightly above the terms we reported it was seeking in August. The company has also acquired AI agent security startup Guardrails AI this week. The round was reported on Wednesday, and…...
Silver Lake merges Cegid and Silae in a €10bn deal
3+ day, 17+ hour ago (870+ words) Cegid and Silae, the two French business software companies Silver Lake already controls, plan to merge into a group valued at more than €10bn. Christian Pedersen joins from IFS to run it. The deal needs works council consultation and regulatory approval,…...
Amazon sells its first sterling bonds, taking 2026 borrowing past $92bn
3+ day, 20+ hour ago (277+ words) Amazon has launched its first sterling bonds in a four-part deal running to 19 years, adding a fourth currency to a 2026 borrowing programme worth more than $92bn....
Samsung chairman Lee Jae-yong will buy $1.4bn of shares from his mother in October
4+ day, 25+ min ago (297+ words) Samsung chairman Lee Jae-yong will buy 7.1 million shares worth 1.94tn won from his mother Hong Ra-hee on 12 October, as she repays loans taken to cover inheritance tax....
Google will invest €13bn in four Finnish data centre sites over two years
4+ day, 3+ hour ago (594+ words) Google will spend €13bn on data centre infrastructure across four Finnish sites during 2027 and 2028, its largest single investment in Europe, the company announced the plan today. The money covers Hamina, where it has operated since 2009, alongside Kajaani, Muhos and Vaala. Alongside…...
Reid Hoffman joins Mosaic Ventures as an advisory partner
4+ day, 16+ hour ago (63+ words) Hoffman says he is joining Mosaic Ventures as advisory partner, supplying Silicon Valley talent, connections and capital to European AI founders....