NEW YORK, Wednesday, September 18, 2024- A consortium of tech giants and financial firms, led by BlackRock and Microsoft, has announced the formation of a $30 billion investment fund dedicated to artificial intelligence (AI) infrastructure, reports said. The Global AI Infrastructure Investment Partnership (GAIIP) will focus on building data centers and supporting power infrastructure, essential […]
DUBAI, United Arab Emirates – Tuesday, June 11, 2024 – Dubai’s Roads and Transport Authority (RTA) has partnered with SmartCrowd Holding Ltd., the parent company of SmartCrowd Ltd., to launch a groundbreaking blockchain-powered investment platform. This innovative initiative aims to attract investments through non-fungible tokens (NFTs) for real estate and public facilities planned by the […]
KUALA LUMPUR, Malaysia, Tuesday, June 11, 2024 – Google announced a $2 billion investment plan on Thursday to establish its first data center and Google Cloud region in Malaysia. This move signifies Google’s commitment to Southeast Asia’s burgeoning tech market and aligns with Malaysia’s ambitions to become a regional digital hub. The investment comes amidst […]
The Catalyst of Change: Understanding Interest Rates’ Hold Low Interest Rates: An Overview Low interest rates, typically established by central banks as part of their monetary policy, are intended to spur economic growth by reducing the cost of borrowing and promoting increased spending and investment. Such an environment can significantly impact market liquidity, affecting asset […]
Catenaa, Wednesday, January 15, 2025 – The Nasdaq Composite Index dropped below its 50-day moving average this week, a widely watched technical indicator signaling weakened momentum and the potential for further declines. The dip comes as investors grapple with a slew of economic and geopolitical challenges. Rising interest rates, driven by the Federal Reserve’s aggressive […]
Catenaa, Thursday, January 30, 2025 – A report from multinational bank Standard Chartered predicts that Bitcoin’s price could reach $200,000 by the end of 2025, driven by increased institutional investments, particularly from pension funds. The Wednesday note highlights that institutional inflows into Bitcoin have surged, bolstered by the approval of Bitcoin spot exchange-traded funds (ETFs) […]
London, Wednesday, November 06, 2024 – Zodia Custody, the crypto custody firm supported by Standard Chartered, is in advanced talks to raise $50 million as part of its plan to expand geographically and enhance its digital asset storage services. According to Bloomberg, CEO Julian Sawyer stated that Zodia is seeking investment to strengthen its custody […]