Explore finance insights, tips, and trends to make informed decisions.
Artificial Intelligence (AI)
Google is doubling down on its commitment to artificial intelligence by investing an additional $1 billion in Anthropic, a leading AI start-up known for its Claude family of models. This investment raises Google’s total stake in the company to over $3 billion, as the tech giant strives to close
Artificial Intelligence (AI)
French AI lab Mistral AI is gearing up for an initial public offering (IPO), according to co-founder and CEO Arthur Mensch. Speaking at the World Economic Forum in Davos, Mensch confirmed the company's ambitions while emphasizing that Mistral is “not for sale.” IPO Plans and Global Growth Mensch
Economy
America's credit card debt has reached unprecedented levels, creating a financial landscape fraught with challenges for consumers and banks alike. Household credit card balances hit a record $1.17 trillion in late 2024, reflecting a troubling trend driven by inflation, high interest rates, and post-pandemic spending habits. Experts
Automotive
Rivian has finalized a $6.6 billion loan with the U.S. Department of Energy (DOE), marking a significant step in its plans to expand manufacturing operations. The loan, originally announced in November, will fund the development of a factory in Georgia, east of Atlanta. Construction is set to begin
Business Insights
Joann Inc., the popular arts-and-crafts retailer, has filed for Chapter 11 bankruptcy protection for the second time. The 80-year-old company faces significant financial challenges, prompting a decision to seek a sale process to stabilize its operations. This filing highlights the ongoing pressures that have plagued the retailer despite prior restructuring
Funding
Bringing a groundbreaking idea to life often requires more than innovation—it demands the ability to convince others to join your mission. Whether you’re pitching investors, partners, or licensees, the key lies in presenting a compelling argument that addresses their concerns and inspires confidence. Here are 5 proven strategies
Funding
Insight Partners has secured $12.5 billion for new software investments, marking the largest venture capital raise in over two years. This significant move comes as the tech market begins to rebound, with Insight positioning itself to capitalize on a higher caliber of startups seeking funding in 2025. A Strategic
Finance
With the rise of artificial intelligence and blockchain innovation, one might assume these innovations are reaching those who need them most. Yet, billions of people—the global majority—still lack access to basic financial services like savings, credit, and affordable money transfers. This exclusion leaves untapped trillions in economic power.
Finance
NVIDIA’s meteoric rise has renewed investor interest in the AI chip market, creating opportunities for startups like Blaize, a company founded in 2011 by former Intel engineers. On Tuesday, Blaize is set to go public on the NASDAQ through a SPAC deal, signaling its ambition to carve out a
Startups
The investment arena has grown increasingly competitive, leaving startups navigating uncertain terrain as they seek funding to scale their businesses. While funding levels have rebounded in concentrated sectors like AI, securing capital remains challenging in a volatile economy. Entrepreneurs must adapt and evolve their strategies to thrive in this environment.
Business Insights
Shein, the fast-fashion giant known for its ultra-cheap clothing and rapid production cycles, is once again making headlines as it pushes forward with plans for an initial public offering (IPO). The company is targeting the London Stock Exchange (LSE) for its debut, potentially as early as April. This marks a
Funding
Anthropic, a leading competitor to OpenAI in the artificial intelligence space, is reportedly in talks to secure $2 billion in funding, led by Lightspeed Venture Partners. This round would value the company at an impressive $60 billion, positioning Anthropic as the fifth-most valuable startup in the U.S., trailing SpaceX,