Billion - Page 6

AI Magnate Chen Tianshi Collects $10 Billion Lot Of Money As Shares Soar 500%

Chen Tianshi, founder of Cambrian Innovation, presented an expert system chip at a 2017 interview. Xinhua Information Agency/Yin Gang Image resource: Getty Images Chen Tianshi, founder of Chinese chip firm Cambrian Innovation,

January 16, 2025

Malaysian Tycoon Lim Han Weng’s Yinson Raises $1 Billion From Abu Dhabi Fund, Others

January 14, 202506:29 AM (ET) As Asia prepares for Trump 2.0, the other four T’s will haunt 2025″,”scope”:{“topStory”:{“index”:1,”title”:”As Asia prepares for Trump 2.0 Get ready for Trump 2.0, the other four T’s

January 15, 2025

Tycoon Lin Yung Ling’s Gamuda Wins $1.8 Billion Rail Project In Penang

January 10, 202504:00 AM (EST) Hyundai Motor plans to invest a record US$16.7 billion in South Korea this year”,”scope”:{“topStory”:{“index”:1,”title”:”Hyundai Motor plans to invest a record US$16.7 billion in South Korea this year”,

January 14, 2025

United States Profession Deficiency With Vietnam Covers $110 Billion as Dong Deteriorates

Vietnam presently has the fourth-largest profession excess with the USA, according to information launched previously today. The united state profession deficiency with the Southeast Eastern commercial center went beyond $110 billion in

January 10, 2025

Hyundai Electric Motor Program Document $16.7 Billion Financial Investment In South Korea This Year

Hyundai Electric Motor Team Exec Chairman Chung Eui-sun talks throughout the business’s yearly New Year’s address in Seoul on January 6, 2025. Hyundai Electric Motor Team South Korea’s Hyundai Electric motor Team,

January 10, 2025

China's ByteDance to invest $22 billion in technology in 2025

According to the South China Morning Post, Chinese technology giant ByteDance plans to invest up to US$22 billion (160 billion yuan) in the technology field next year, most of which will be

December 31, 2024

Finance

Billionaire Gautam Adani to raise $2 billion by selling stake in Adani Wilmar

Adani Wilmar factory in Gujarat, India. © 2023 Bloomberg Finance Adani Enterprises Ltd (AEL), owned by Indian billionaire Gautam Adani, is in a $2 billion multi-billion-dollar deal with partner Wilmar International, the

December 30, 2024

Alibaba and South Korea's E-Mart reach US$4 billion e-commerce joint deal

The venture aims to compete with local e-commerce leaders such as Naver Corp. and Coupang Inc.

December 27, 2024

Alibaba reportedly to merge with South Korea's E-Mart in $4 billion deal

Sources familiar with the matter said a deal could be finalized and announced as early as this week.

December 26, 2024

Founders Fund said to raise $3 billion for third growth equity fund

In 2022, Founders Fund raised $3.4 billion for its second growth equity fund.

December 25, 2024

Musk's xAI scores $6 billion in latest funding round

The new funding brings xAI's total funding to $12 billion.

December 25, 2024

News Corp sells Foxtel cable unit to DAZN for $2.1 billion

News Corp has agreed to sell its Australian Cable TV unit Foxtel Sold to British sports network DAZN for A$3.4 billion (US$2 billion). The deal, which includes debt, reduces the exposure of

December 24, 2024

China plans to issue record $411 billion in bonds in 2025: sources

China's financial policymakers have agreed to issue a record amount of special government bonds totaling 3 trillion yuan ($411 billion) next year to try to revive the struggling economy. Sources told Reuters

December 24, 2024

Billionaire Rupert Murdoch's News Corp sells Foxtel to DAZN in deal worth $2.1 billion

Foxtel is headquartered in Sydney. Getty Images Billionaire Rupert Murdoch's News Corp has agreed to sell Foxtel Group to global sports streaming platform DAZN Group in a deal that values the Australian

December 24, 2024

Telegram turns profit for first time after cutting $2 billion in debt

Telegram has more than 900 million active users and faces criticism from governments around the world.

December 24, 2024

Billionaire Frank McCourt plans to acquire TikTok for $20 billion

McCourt's goal is to change TikTok's business model and give users control over ads and content.

December 24, 2024

Honda and Nissan launch merger talks to create auto giant worth $50 billion

Japanese auto giants Honda and Nissan have begun talks about a potential merger that would create the world's third-largest car company worth $50 billion. The heads of the two companies confirmed on

December 23, 2024

Accenture's revenue in the first quarter of FY25 reaches US$1.77 billion due to genAI demand

Accenture has expanded its data and artificial intelligence headcount to 69,000 people, with plans to grow to 80,000 by 2026.

December 20, 2024

Southeast Asian AI startups receive $170 million in investment amid $60 billion global tech boom

There were only 122 AI financing deals in Southeast Asia, far fewer than the 1,845 in Asia Pacific.

December 20, 2024

By 2028, the global senior living market will grow to US$12.74 billion

Mobile apps, trackers and smart alerts are in high demand. Technavio said it is expected that the global senior living market will grow to US$12.74 billion by 2028, with a compound annual

December 20, 2024

Medical

AWS commits an additional $10 billion to Ohio, bringing total to $23 billion by 2029

The exact location has yet to be determined, pending a long-term energy agreement.

December 19, 2024