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The global race for the AI app layer is still on

[ad_1] The U.S. is far ahead of Europe in the race for large AI models — but the picture is different for the application layer, with emerging category leaders such as Lovable and Synthesia. That’s the conclusion made by global VC firm Accel in its 2025 Globalscape report, which focuses …

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Swiss-Based Coca-Cola Bottler Expands Footprint

[ad_1] Coca-Cola Hellenic Bottling Company plans to acquire a 75% controlling stake in Coca-Cola Beverages Africa (CCBA) for $2.6 billion from The Coca-Cola Company and Gutsche Family Investments. The transaction is expected to close in early 2026, pending regulatory approvals. The acquisition would give the Steinhausen, Switzerland-based Coca-Cola HBC control …

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LG Electronics India’s IPO Tops Parent In Value

[ad_1] LG Electronics India Limited’s initial public offer sparked frenzied activity, quickly rising to a market capitalization of $13 billion—surpassing its parent, LG Electronics of South Korea, valued at $9.4 billion. It was the eighth-largest IPO in India. LGEINDIA got listed on both the National Stock Exchange and the Bombay …

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SoftBank’s Nvidia sale rattles market, raises questions

[ad_1] Masayoshi Son isn’t known for half measures. The SoftBank founder’s career has been studded with eyebrow-raising bets, each one seemingly more outrageous than the last. His latest move is to cash out his entire $5.8 billion Nvidia stake to go all-in on AI. And while it surprised the business …

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