A visitor takes a picture of a model of SK hynix’s high-bandwidth memory (HBM) technology during the 2025 World IT Show in Seoul on April 24, 2025. Jung Yeon-je | Afp | Getty Images South Korea-based memory maker SK Hynix announced Tuesday it will invest 19 trillion Korean won ($12.9 billion) to build a new…
President Donald Trump met Friday afternoon with more than a dozen oil companies at the White House to discuss plans for investment in Venezuela, less than a week after the U.S. ousted President Nicolás Maduro. Exxon CEO Darren Woods, ConocoPhillips CEO Ryan Lance and Chevron Vice Chairman Mark Nelson attended. Executives from Halliburton, Valero and…
Venture capital firm Andreessen Horowitz has raised $15 billion to bolster bets across an array of areas including infrastructure, health and what the it calls “American Dynamism,” co-founder Ben Horowitz said in a blog post on Friday. The bulk of the capital, $6.75 billion, will go toward a growth fund and two $1.7 billion funds, with…
The United Nations and the United States on Monday formalized an agreement under which the US committed $2 billion in humanitarian assistance for global relief programmes, a move the UN’s top relief official hailed as a landmark commitment to saving lives amid escalating humanitarian needs worldwide. Speaking at the signing in Geneva, UN Emergency Relief…
Jonathan Ross, chief executive officer of Groq Inc., during the GenAI Summit in San Francisco, California, US, on Thursday, May 30, 2024. David Paul | Bloomberg | Getty Images Nvidia has agreed to buy assets from Groq, a designer of high-performance artificial intelligence accelerator chips, for $20 billion in cash, according to Alex Davis, CEO…
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images OpenAI is in discussions with Amazon about a potential investment and an agreement to use its artificial intelligence chips, CNBC confirmed…
Afreximbank has highlighted the critical importance of factoring and supply chain finance (SCF) in narrowing Africa’s Small and Medium Enterprises (SMEs) financing gap and building resilient value chains across the continent. Speaking at Afreximbank’s annual Factoring Workshop in Abidjan, Côte d’Ivoire, Mrs Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development (IAED) at Afreximbank…
The UN and partners are appealing for $5.1 billion to deliver essential lifesaving aid and protection in West and Central Africa. Funding shortfalls have forced humanitarians to shrink the response and make tough choices about where to focus efforts and who can be supported among the most vulnerable communities. ·West and Central Africa is grappling…
The UN and partners are seeking $23 billion to provide lifesaving support next year to 87 million people worldwide affected by war, climate disasters, earthquakes, epidemics and crop failures. This is the immediate priority of the $33 billion Global Humanitarian Overview 2026, launched on Monday, which aims to reach 135 million people overall in 50…
Corn and soybean farmer Don Swanson prepares to harvest his corn crop as he and other Iowa farmers struggle with the effects of weather and ongoing tariffs resulting from the trade war between the U.S. and China that continue to affect agricultural business, in Eldon, Iowa, on Oct. 4, 2019. Kia Johnson | Reuters President…
