US20
VinFast-linked GSM eyes international IPO; floats US$20 billion valuation
[ad_1] The company runs Vietnam’s largest all-electric taxi fleet under the Xanh SM brand[SINGAPORE/HANOI] Vietnamese electric-vehicle (EV) taxi operator Green and Smart Mobility (GSM), an affiliate of the Vingroup conglomerate,...
Nvidia to invest in Musk’s xAI as part of US$20 billion funding
[ad_1] Data centre capacity is seen as a necessity for developing top AI models, though some have debated how much computing power can improve the technology[NEW YORK] The Elon Musk-backed...
Kraken in strategic investor talks at US$20 billion valuation
[ad_1] The crypto exchange has until this year raised only about US$27 million in primary capital[PORTLAND] Kraken is in advanced talks to raise new funding that could value the crypto...
Uber boosts buybacks by US$20 billion after upbeat forecast
[ad_1] [SAN FRANCISCO] Uber Technologies announced US$20 billion in new stock buybacks after sharing a better-than-expected third-quarter forecast and quarterly results, suggesting that growth at its core rideshare and delivery...
Richest Indonesian adds US$20 billion to wealth on energy rally
[ad_1] [SINGAPORE] Billionaire Prajogo Pangestu’s fortune is soaring once again, a sharp reversal from the precipitous falls that erased billions over the past year.The 81-year-old, who is Indonesia’s richest person,...
Kraft Heinz explores grocery business spinoff worth up to US$20 billion: source
[ad_1] [Bengaluru] Kraft Heinz is studying a potential spinoff of a large chunk of its grocery business, including many Kraft products, into a new entity that could be valued at...
Airbus inks US$20 billion Malaysia jet deals on Anwar trade trip
[ad_1] [HONG KONG] Malaysia’s biggest airlines sealed Airbus deals worth US$20 billion as Prime Minister Anwar Ibrahim wrapped up his European tour.AirAsia reached a tentative agreement to purchase as many...
Elon Musk’s XAI Holdings is in discussions to raise US$20 billion
[ad_1] [GERMANY] Elon Musk’s XAI Holdings is in talks with investors to raise roughly US$20 billion in funding for his newly combined artificial intelligence (AI) startup and social media business,...
Indonesia launches Danantara investment fund, channels US$20 billion into 20 strategic projects
[ad_1] [JAKARTA] Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs), while catalysing investment and fuelling the...
