The Business Times

Startups & Tech

Airwallex crosses US$1 billion in annualised revenue, eyes doubling within a year

The Google headquarters in Mountain View, California. Photographer: David Paul Morris/Bloomberg

Trader’s guide to India’s data centre boom powered by Google, OpenAI

Credit derivatives tied to Meta’s debt traded on Thursday (Oct 30), when the social media giant raised US$30 billion in the biggest US corporate investment-grade bonds offering of the year. That transaction comes after a US$27 billion private bond sale earlier this month to help fund a data centre in Louisiana that Meta will use and partly own. 

Credit derivatives on Meta start trading after big bond sales

STRAIGHT TO YOUR INBOX

Fridays: Hottest updates on the local SME scene to wrap up your week.

Once seen mainly as strategic bets on a fast-moving frontier, stakes in artificial intelligence startups are now contributing sizable, if still paper, profits to some of the world’s biggest businesses – even as the technology itself is only starting to pay commercial dividends.

Alphabet, Amazon stakes in Anthropic boost profit by billions

Nvidia CEO Jensen Huang completes US$1 billion share sale

Nvidia CEO Jensen Huang completes US$1 billion share sale

The move is likely to ease worries about chip shipments that had threatened auto production in Europe and elsewhere amid a broader trade fight pitting China against the US and its allies that had roiled markets.

US to announce Nexperia chip shipments from China to resume

The speed with which AI-driven companies can create value is forcing VC fund managers to rethink long-standing frameworks for early-stage investment.

How AI is forcing VCs to rethink their timelines

Ohmyhome is searching for a new chief financial officer to fill the vacancy left by Wong’s resignation.
Tech in Asia

Ohmyhome co-founder Rhonda Wong resigns as CEO at Nasdaq-listed proptech

The IPO preparations signal a new urgency inside the ChatGPT maker to tap public markets now that a complex restructuring is complete that reduces its reliance on Microsoft.

OpenAI lays groundwork for juggernaut IPO at up to US$1 trillion valuation

Vice chairman of Hepmil Media Group, Jeffrey Seah (Middle) said that that media companies will need to find their niche to succeed.

‘Thoroughbred over unicorns’: How SGAG parent Hepmil went from seed to sale

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More