Investment bubbles occur not because people can’t spot the importance of a technology, but because they misunderstand the nuances of the market that provide it. Last week, Nvidia published its blockbuster earnings. In the three months to January, revenue rose 265 per cent to $22.1bn, which was way ahead of analyst expectations. In the last year,...
ABU DHABI (Reuters) – Abu Dhabi’s Mubadala Investment Co will deploy significant capital into artificial intelligence and space technology this year, its managing director said on Wednesday, committing the sovereign wealth fund to investing more in the United States. Khaldoon Mubarak told an investor conference in Abu Dhabi that sovereign wealth funds had an opportunity...
The European Bank for Reconstruction and Development (EBRD) has invested in Dgpays, a fast-growing technology firm in Türkiye with a software platform that provides payment and banking infrastructure to large companies. The Bank is investing alongside Truffle Capital, a French venture capital fund with a strong track record in fintech investments. This is a follow-on investment for...