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EU looks to the private sector to help fund ‘AI Gigafactories’, eyeing the frontier AI race

The European Union is courting the private sector as it looks to step up compute capacity for training large AI models. Giving a speech at the AI Action Summit in Paris on Monday, the EU’s president, Ursula von der Leyen, talked up the potential of homegrown AI startups but said the region’s developers must have … Read more

Shiba Inu And UAE Shake Hands On Web3 Projects To Be Implemented Across UAE’s Public Sector

The UAE is taking measures to integrate next-gen Web3 solutions into the country’s energy, infrastructure, and government services. To this end, the UAE Ministry of Energy and Infrastructure (MoEI) signed a partnership with Shiba Inu on 5 February 2025. The collaboration marks a historic milestone, making MoEI the first-ever government entity of the UAE to … Read more

Bain Capital Proposes Acquisition of Surgery Partners (SGRY) – A Potential Game-Changer in the Healthcare Sector? 

In today’s fast-paced market, it takes a lot to get my attention. But when I see a stock like Surgery Partners (SGRY) soaring 16.49% on news of a proposed acquisition by Bain Capital Private Equity, you can bet I’m taking notice. The Deal: A Potential Game-Changer? Bain Capital’s proposal to acquire the remaining shares of … Read more

Chase’s auto loan division—financier to McLaren, Aston Martin, Rivian, Jaguar Land Rover and Subaru—holds steady as other banks flee sector

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Private sector companies added 122,000 jobs in December, less than expected, ADP says

A worker adjusts hiring signage at a job and resource fair hosted by the Mountain Area Workforce Development Board in partnership with NCWorks in Hendersonville, North Carolina, US, on Tuesday, Nov. 19, 2024.  Allison Joyce | Bloomberg | Getty Images Private sector job creation eased more than expected in December while wages grew at the … Read more

The AI sector still has legs to run

Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show in Las Vegas, Nevada, on Jan. 6, 2025. Patrick T. Fallon | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, … Read more

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