April 25, 2024
Investment

Vietnam’s FPT to invest $200 million in AI factory using Nvidia chips

HANOI (Reuters) – Vietnam’s top tech firm FPT plans to build a $200 million artificial intelligence (AI) factory using Nvidia’s graphics chips and software, the two firms said on Tuesday. FPT plans to use Nvidia’s support to boost AI research in Vietnam with the aim of developing AI applications and solutions at the planned data

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Investment

CapitaLand Investment and SG Eco Fund Unveil Partnership to Enhance Community Engagement on Sustainability Initiatives in Singapore

– April 21, 2024 — CapitaLand Investment (CLI) and SG Eco Fund will be entering a two-year partnership to drive greater environmental awareness and community engagement on sustainability initiatives in Singapore, in celebration of Earth Day on 22 April. CLI is a leading global real asset manager with a strong Asia foothold, while the SG

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Investment

Missouri receives $156 million solar investment from EPA | State News

As the White House celebrated Earth Day on Monday, the U.S. Environmental Protection Agency (EPA) announced a $156 million award to the Missouri Environmental Improvement and Energy Resources Authority (EIERA).  The award, which is distributed through the Solar for All grant competition, aims to provide long-lasting solar programs that will aid low-income communities and reduce

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Investment

Globe Life profit surges on strong underwriting, investment returns | WTAQ News Talk | 97.5 FM · 1360 AM

(Reuters) – Globe Life posted a rise in first-quarter profit on Monday as the insurer benefited from strong investment returns and underwriting activities. The insurance industry, known for its resilience to economic downturns, sustains a stable demand for policies, with both corporate and government spending on insurance remaining steady. Total premiums at Globe Life rose

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Investment

Are You an Investment Historian or a Futurist?

Historians: The Pros Broadly speaking, investors either rely on the past or feel free to ignore it. Those in the first group are historians, while the second are futurists. The investment management company GMO is the preeminent example of a market historian. Its well-known forecasts of future asset-class returns consist largely of anticipating reversions to

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Investment

Laxey gets EUR 40 million investment, forms partnership with Skretting

Icelandic land-based flow-through salmon-farming startup Laxey has attracted a further EUR 40 million (USD 43 million) in funding and has signed a partnership with Skretting. The funding came from Blue Future Holding, which is a part of German family-owned conglomerate EW Group, as well as Nutreco, Seaborn, Kjartan Ólafsson, and an unnamed Dutch industrial seafood

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Investment

UL Interview: Greystar’s Chief Investment Officer on Multifamily Opportunities

Under the leadership of Chief Investment Officer Wes Fuller, Greystar, a vertically integrated real estate firm that owns, operates, and develops multifamily, student, and senior housing, began investing in international markets in 2013, including in Europe, Asia, and South America. Today, the company’s robust institutional investment management platform now has a global presence in 249

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Investment

Cognitus Secures Strategic Growth Investment from Siguler Guff and Haven Capital Partners

DALLAS, TX / ACCESSWIRE / April 22, 2024 / Cognitus, a leading SAP software solutions provider and digital transformation business, announces today that they have secured a growth investment by Siguler Guff & Company (“Siguler Guff”), a multi-strategy private markets investment firm with over $16 billion in assets under management, and Haven Capital Partners (“HCP”),

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Investment

Turkish Midas raises $45m for retail investment platform

Fintech startup Midas has raised $45m to enable retail investors in emerging markets to access crypto and mutual fund products. The $45 million fundraise was led by Portage and is one of Turkey’s largest ever Series A rounds. Midas hit profitability last year and, with two million users since its 2021 launch, the company wants

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Investment

Fibrebond $50 million investment Webster Parish manufacturing facility

A northwest Louisiana manufacturer will expand its production facility with a $50 million investment in the growing data sector. Fibrebond Corp. announced Thursday it will expand and enhance its production facility in Webster Parish. This investment will support data center, telecommunications, industrial and utility projects across the United States. Fibrebond is a family-owned company and

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