Business
Micron invests US$24 billion to expand Singapore manufacturing complex; 1,600 jobs to be created
This brings the company’s total investments in Singapore to around US$60 billion Semiconductor giant Micron Technology broke ground on…
Tag
invests
Business
Nvidia invests US$2 billion more in CoreWeave, offers new chip
The world’s most valuable company has pledged tens of billions of US dollars towards AI companies Nvidia, the dominant maker of artificial…
Business
BlackRock’s HPS invests US$50 million in Malaysia’s Teleport for Asia debut
Investment Partners has invested US$50 million in Malaysian logistics firm Teleport, marking the global private credit firm’s first deal…
Culture
European T20 Premier League: Steve Waugh invests in Amsterdam EPTL T20 franchise as Steve Smith & Mitch Marsh sign deals
Former Australia captain Steve Waugh is among the franchise investors in a men's European T20 tournament set to be played by city-based…
Business
YZJ Maritime invests in 16 new vessels amid maritime asset portfolio expansion push
Maritime financial solutions provider Yangzijiang Maritime (YZJ Maritime) on Wednesday (Jan 14) announced that it placed newbuilding…
Business
Warburg Pincus invests in corporate services firm Acclime, valuing it at US$1 billion
The private equity firm beat rivals Carlyle Group, Blackstone, KKR and TPG in a bidding race American private equity firm Warburg Pincus…
Business
Disney invests US$1 billion in OpenAI, strikes licensing deal
The company to tap OpenAI tools for new products and experiences, and to roll out ChatGPT to staff Walt Disney agreed to invest US$1…
Business
Disney invests $1 billion in OpenAI, licenses Mickey Mouse to Sora AI platform
OpenAI said Thursday it reached a licensing deal with the Walt Disney Co. to use more than 200 popular Disney characters including Mickey…
Business
Disney Inks Blockbuster OpenAI Deal to Bring More Than 200 Characters to Sora Video Platform, Invests $1 Billion in AI Company
Disney is trying to take control of its destiny in an AI-flooded world. The Walt Disney Company and OpenAI have reached an agreement for…
Business
Aster invests US$155 million to expand Singapore’s Bukom refinery capacity
Aster Chemicals and Energy said on Tuesday (Dec 9) that it has invested US$155 million in rejuvenation projects at its Bukom refining…
Business
OCBC invests in low-carbon steel in Malaysia’s Sabah
The investment is for the development of a hot briquetted iron plant, which will be part of South-east Asia’s largest integrated…
Business
EXCLUSIVE: LVMH Luxury Ventures Invests in BDK Parfums
PARIS — LVMH Luxury Ventures Fund I has taken a minority stake in buzzy French niche fragrance brand BDK Parfums. Financial terms of the…
Business
‘Working Girl’ Review: La Jolla Playhouse Invests in ’80s Nostalgia, Launching Mike Nichols Adaptation With Retro-Sounding Cyndi Lauper Songs
In “Working Girl,” an upwardly mobile Melanie Griffith embodied Tess McGill, a secretary from Staten Island with big hair and even bigger…
Business
Clarks to Open Dedicated Cloudsteppers Concept Stores as It Invests in Comfort Line
Clarks is doubling down on its Cloudsteppers line with a new plan to open standalone concept stores dedicated to the collection in…
Business
CLI’s self-storage unit invests close to S$100 million in Singapore flagship project, 3 Tokyo facilities
When completed, the local facility will expand ESA’s portfolio in the Republic to 13 properties with more than 1.5 million sq ft of gross…
Business
Nvidia invests US$5 billion in Intel, plans to co-design chips
Nvidia Corp agreed to invest US$5 billion in Intel and said the two will co-develop chips for PCs and data centres, a surprise move to…
Business
ASML invests 1.3 billion euros on Europe’s AI champion Mistral
The deal provides Mistral with a major injection and makes it one of Europe’s most valuable private companies ASML Holding is investing…
Business
Amazon Invests in ‘Netflix of AI’ Start-Up Fable, Which Launches Showrunner: A Tool for User-Directed TV Shows
Edward Saatchi isn’t totally sure people will flock to Showrunner, the new AI-generated TV show service his company is launching publicly…
Business
Meta invests US$3.5 billion in world’s largest eyewear maker in AI glasses push
Meta Platforms bought a minority stake in the world’s largest eyewear maker EssilorLuxottica, a deal that increases the US tech giant’s…
Business
Saudi Arabia’s PIF invests in New York City property near Central Park
Saudi Arabia’s Public Investment Fund (PIF) is investing in Related’s site for a tower in midtown Manhattan. PIF has already invested…
Business
EXCLUSIVE: MarcyPen Capital Partners Invests in the Gld Shop
Miami-based jewelry brand The Gld Shop has a new investor. MarcyPen Capital Partners has led a growth round for the brand. Brand Velocity…
Business
Stoneweg European Business Trust invests 50 million euros in fund with early-stage data centre sites
The manager of Stoneweg European Business Trust (Sert) announced on Tuesday (Jun 24) that the stapled trust has made a 50 million euros…
Business
Cybersecurity firm Goldilock invests S$1.2 million, opens regional HQ in Singapore
It will hire five engineers here within the first 18 months of opening, and about 20 people over the coming three years Cybersecurity…
Business
True Beauty Ventures Invests in Jupiter
True Beauty Ventures has added another business to its portfolio. The fund has taken a minority stake in Jupiter, the scalp care brand…