France announces massive AI investment drive alongside the EU’s broader push for technology and chip independence from the US and Asia
Tag: Billion
Ramp Hits 44 Billion Dollar Valuation as Companies Race to Rein In AI Spending
Business spend management startup Ramp reaches a new valuation high as enterprises seek to manage rapidly escalating AI costs
Alphabet slides on $80 billion stock sale plan
Tech giant Alphabet’s shares dipped following the announcement of a massive stock sale.
DeepSeek Eyes up to USD 50 Billion Valuation in Its First External Fundraising Round
Chinese AI startup DeepSeek is eyeing a valuation of up to USD 50 billion in its first external fundraising round signalling surging investor interest in Chinese AI capabilities.
Germany Approves €50 Billion Defence Package as European Rearmament Accelerates
Germany’s Bundestag approved a major €50 billion defence spending package as European nations race to build up military capacity.
Pfizer Inks Up to $10.5 Billion Deal With China’s Innovent in Major Pharma Partnership
Pfizer announced a massive deal with Chinese biotech Innovent Biologics to co-develop and commercialize new cancer therapies.
KreditBee Becomes One of India’s Latest Unicorns Joining Skyroot in 2026 Club
The fintech lender is among four new Indian startups to hit billion-dollar valuations in 2026 so far.
Nigeria Police Seize N7.8 Billion Worth of Drugs in Lagos Raid
A major drug enforcement operation in Lagos resulted in the seizure of one of the largest hauls of the year.
India Spent $174.9 Billion on Crude and Petroleum in FY2026 Highlighting Oil Import Dependency
Government data shows India spent 22 percent of its total imports on crude and petroleum products in the financial year ended March 2026.
India Spending Nearly $72 Billion Annually on Gold Imports Amid Call to Reduce Purchases
India the world’s second-largest gold buyer spends close to $72 billion on annual gold imports as PM Modi urges citizens to pause purchases to conserve foreign exchange.