[ad_1] SoftBank and OpenAI announced a new 50-50 joint venture this week to sell enterprise AI tools in Japan under the brand “Crystal Intelligence.” On paper, it’s a straightforward international expansion deal. But SoftBank’s role as a major investor in OpenAI is raising questions about whether AI’s biggest deals are creating real economic value …
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November, 2025
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11 November
Just a toy? These 10 most expensive Labubu prove how insanely valuable they are
[ad_1] The most expensive Labubu figures, including the Mint Green ($150,000), Giant Brown ($114,000), and Three Wise Set (over $80,000), show that these toys have reached luxury status. Once viewed as playful art collectables, Labubu figures now attract serious investors worldwide. Their value stems from rarity, pristine condition, and designer …
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11 November
Who Provides The Capital Behind The Private Credit Boom?
[ad_1] Which investors supply the majority of the capital for private credit? The main sources of capital for private credit funds are institutional investors with long-term investment horizons and low liquidity needs. They include public and private pension funds, insurance companies, and sovereign wealth funds. Insurance companies, in particular, have …
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11 November
Lovable says it’s nearing 8 million users as the year-old AI coding startup eyes more corporate employees
[ad_1] Lovable, the Stockholm-based AI coding platform, is closing in on 8 million users, CEO Anton Osika told this editor during a sit-down on Monday, a major jump from the 2.3 million active users number the company shared in July. Osika said the company — which was founded almost exactly …
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11 November
Breaking: Ex-Nigerian President’s Wife is Dead, Details Emerge
[ad_1] Former President Shehu Shagari’s last surviving wife, Hajiya Sutura, has reportedly passed away at the age of 89 The eldest son of the late president, who is also serving as the Sarkin Mafaran Shagari, Capt. Bala Shagari announced her death in a statement on Monday, November 10 Her death …
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10 November
How Private Credit Fills The Financing Gap For Corporates?
[ad_1] How does private credit meet various financing needs for companies that often can’t access the syndicated loan market? Corporate borrowers, especially middle-market firms, have increasingly relied on private credit from private equity firms in recent years. Most of this takes the form of so-called direct lending, senior secured commercial …
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10 November
A better way of thinking about the AI bubble
[ad_1] People often think about tech bubbles in apocalyptic terms, but it doesn’t have to be as serious as all that. In economic terms, a bubble is a bet that turned out to be too big, leaving you with more supply than demand. The upshot: It’s not all or nothing, and even good bets can turn sour if …
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10 November
“When I Was President”: Obasanjo Claims America Couldn’t Do Anything in Africa Without His Knowledge
[ad_1] Former President Olusegun Obasanjo claimed the United States of America (USA) would not do anything in Africa without his knowledge Obasanjo said the late United States President Jimmy Carter informed him before taking any decision in Africa The 88-year-old statesman explained why America would not do anything in Africa …
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10 November
What Is Private Credit And Who Uses It?
[ad_1] How has private credit grown in importance since the Great Financial Crisis? What is the current market size in the US and other regions? The global private credit industry, mainly providing loans to corporate borrowers through closed-end credit funds sponsored by the same firms that back private equity vehicles, …
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10 November
Wikipedia urges AI companies to use its paid API, and stop scraping
[ad_1] Wikipedia on Monday laid out a simple plan to ensure its website continues to be supported in the AI era, despite its declining traffic. In a blog post, the Wikimedia Foundation, the organization that runs the popular online encyclopedia, called on AI developers to use its content “responsibly” by …
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