BlackRock and Microsoft have partnered to launch a $30 billion AI infrastructure fund to address the growing energy demands ...

The group aims to assemble $30 billion of initial capital, with a future goal of raising $100 billion, including from debt ...

Blackrock has launched an AI fund that will initially seek $30 billion of capital and eventually plan to raise as much as $100 billion.

We dive into the first interest rate cut since 2020 and explore AI spending by two big names in the asset management and ...

In new launches, Britney Lam, head of long-short equities at the Dubai-based Magellan Capital Holdings, discusses the launch of a $700 million multi-strategy hedge fund set to be one of the largest ...

DUBAI (Reuters) - United Arab Emirates-based artificial intelligence company G42 has teamed up with U.S. chipmaker Nvidia ...

G42 and NVIDIA will develop AI solutions aimed at boosting weather forecasting accuracy globally and will set up a climate ...

UN proposes global AI governance body for risk management. Lionsgate partners with Runway for AI film training. Alibaba releases 100+ open-source AI models to strengthen position.

As the Emirati president prepares to meet with Biden next week, officials are highlighting the country’s ambition to solidify ...

This positive news comes in the same week that major UK companies have called on the UK Government to reform its renewable ...

Shares of Vistra Corp. (VST), another nuclear owner, are up almost 15% in afternoon action Friday. The stock is up for its 10th trading day in a row and has seen gains of 44% over that span. That ...

Three Mile Island was shut down in 2019. Owner Exelon decided to end operations after a financial rescue package did not come ...