SoftBank-Backed SB Energy Files for US IPO as AI Data Centre Ambitions Accelerate
NEW YORK, 21 May 2026 – SB Energy, a power infrastructure company backed by SoftBank Group and OpenAI, has confidentially filed for an initial public offering in the…
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SpaceX Filing Brings Elon Musk Closer to Trillionaire Milestone as IPO Ambitions Accelerate
NEW YORK, 21 May 2026 – Elon Musk’s path toward becoming the world’s first trillionaire has moved a step closer after SpaceX unveiled plans for a blockbuster public…
The Iran War Is Moving From Headlines to Balance Sheets
The conflict is no longer just moving oil prices. It is moving corporate margins, consumer demand and earnings forecasts across global markets. The Iran war is no longer…
Google Deepens AI Push With Gemini Ultra, Spark Agent and Omni Video Tools
MOUNTAIN VIEW, 20 May 2026 – Google has unveiled a wider suite of artificial intelligence tools at its I/O developer conference, strengthening its Gemini ecosystem with new subscription…
Meta Offers Rival AI Chatbots Limited Free WhatsApp Access as EU Antitrust Pressure Builds
BRUSSELS, 20 May 2026 – Meta Platforms has offered rival artificial intelligence chatbots limited free access to WhatsApp in Europe, as the company seeks to ease European Union…
Google DeepMind Hires Contextual AI Researchers in US$100 Million Licensing Deal
SAN FRANCISCO, 20 May 2026 – Google DeepMind has reportedly reached an agreement to hire more than 20 researchers from Contextual AI and license the startup’s technology for…
Vance Defends Trump Stock Trading Disclosures as Conflict Questions Return
WASHINGTON, 20 May 2026 – US Vice President JD Vance has defended President Donald Trump against renewed scrutiny over large volumes of financial asset trading disclosed in the…
Google and Blackstone Launch US$25 Billion AI Cloud Venture to Challenge CoreWeave
SAN FRANCISCO, 19 May 2026 – Google and Blackstone are forming a new artificial intelligence cloud venture backed by an initial US$5 billion in equity, intensifying the global…
Kuark Capital Launches US$400 Million Asia Tech Hedge Fund as AI Trade Gains Momentum
HONG KONG, 19 May 2026 – Kuark Capital, a Hong Kong-based investment firm led by Taiwanese fund manager Kyle Su, is launching a new US$400 million hedge fund…
Standard Chartered CEO Says AI Will Replace Lower-Value Human Capital as Bank Targets Higher Returns
HONG KONG, 19 May 2026 – Standard Chartered is accelerating its use of artificial intelligence and automation as part of a wider plan to lift profitability, reduce corporate-function…