Blog - Globalbusinessmeet

AI investment aim outlined by Amazon CEO in annual shareholder letter

April 11, 2025
Arpan Rai
Artificial Intelligence

Amazon CEO announced the company’s AI investment goal in his annual shareholder letter

Amazon CEO Andy Jassy recommends organizations provide intense investment into AI technology because they will achieve optimal financial outcomes in the future. According to Jassy in his shareholder annual...

April 11, 2025
Roshan Shriwastav
Blockchain

HashKey Wins Hong Kong Approval to Launch Crypto Staking Services

HashKey Exchange has made a major step forward in the city’s emerging digital asset market gaining authorization of Hong Kong Securities and Futures Commission (SFC) to provide Ethereum (ETH)...

April 11, 2025
Roshan Shriwastav
Fintech

What Went Wrong? ‘AWS of Fintech’ Solid Files for Bankruptcy After $81M Raise

Fintech BaaS startup Solid called both Dragons Den and is now the subject of a Chapter 11 bankruptcy filing in US Bankruptcy Court in the District of the Delaware. ...

April 11, 2025
Roshan Shriwastav
Funding

Jobandtalent Secures $103M, Shifts Focus to AI-Powered Temp Recruitment

Digital staffing platform Jobandtalent based in Madrid, has raised €92 million (roughly $103 million) in a €1.3 billion ($1.5 billion) post money valuation, after successfully completing a Series F...

April 11, 2025
Arpan Rai
Artificial Intelligence

Google launches new Ironwood chip to speed AI applications

On Wednesday Alphabet revealed its seventh generation artificial intelligence chip, called Ironwood, that the company said will accelerate AI application performance. The Ironwood processor is designed to handle data...

Alphabet's CEO confirms projected $75 billion capital spending in 2025

April 11, 2025
Arpan Rai
Funding

Alphabet’s CEO confirms in 2025 capital spending is projected to $75 billion

Alphabet doubled down on its generative AI bet on Wednesday, reaffirming that it would invest roughly $75 billion this year to expand data center capacity, despite the fact that...

April 7, 2025
Roshan Shriwastav
Technology

“9 Must-Know AI Features in Microsoft Copilot Update”

In order to provide users with a more active and customized experience, Microsoft AI assistant Copilot recently received significant improvements with a number of new features. The improvements were...

April 7, 2025
Roshan Shriwastav
Funding

Can Osney Capital’s £50M Fund Reinforce the UK’s Cybersecurity Landscape?

Osney Capital, a venture capital company based in London, has raised over £50 million to create the UK’s first specialist cybersecurity seed fund to invest in early-stage cybersecurity companies....

April 7, 2025
Roshan Shriwastav
Fintech

“Dubai Fintech Company Fuse Raises $6.6M to Expand Product Offerings”

Dubai-based fintech startup Fuse has secured $6.6 million in seed funding to help businesses expanding into the Middle East and North Africa (MENA) region with payment issues. The startup...

April 7, 2025
Roshan Shriwastav
Artificial Intelligence

“OpenAI Makes Its First Investment in the Cybersecurity Space”

In making its first venture into the cyber security space with a co-led $43 million Series A funding in Adaptive Security, a New York-based company that builds AI-driven cyber...