Plenty, a key player in the vertical farming industry, has filed for bankruptcy as it seeks to restructure amid market challenges. The company secured $20.7…
Elon Musk’s social media platform, X, has secured nearly US$1 billion in new equity funding, maintaining its valuation since Musk’s 2022 acquisition. This funding round…
Apple TV+ is grappling with substantial financial losses, reportedly exceeding $1 billion annually. This stems from a report by The Information, indicating that it is…
YouTube has surpassed 1 billion monthly active podcast viewers, solidifying its dominance in the podcasting space and posing significant competition to Spotify and Apple Podcasts.…
Standard Chartered has reported a 36% increase in sustainable finance income, reaching $982 million in 2024, as detailed in its annual report. The bank aims…
Safe Superintelligence, an AI startup founded by former OpenAI chief scientist Ilya Sutskever, is close to securing over $1 billion in funding, with a valuation…
In 2025, the FinTech sector began strongly, raising $1.2 billion across 30 deals within three weeks, with weekly totals exceeding $1 billion. Notable funding included…
General Motors (GM) is discontinuing its Cruise robotaxi development program, aiming to save up to $1 billion annually by refocusing on personal vehicles. CEO Mary…
OpenAI CEO Sam Altman is heavily investing in the biotech sector, particularly in Retro Biosciences, a startup focused on extending healthy human lifespans by 10…
Anthropic has secured approximately $1 billion in funding from Google, bringing Google’s total investment to around $3 billion. This partnership emphasizes the commitment to advancing…