In the competitive landscape of robotics, securing adequate funding plays a pivotal role in driving innovation and expansion. Recently, the Paris-based startup Inbolt successfully raised €15 million in a Series A funding round, bringing its total funding to €20 million. This critical infusion of capital is expected to significantly enhance Inbolt’s capabilities in the development […]
What the Fed’s Big Rate Cut Means for Fashion
In a significant policy shift, the U.S. Federal Reserve has reduced interest rates for the first time since the pandemic, a decision resonating throughout various sectors, including fashion. The reduction of rates, by half a percentage point to a range of 4.75% to 5%, aims to stimulate economic activity by making borrowing cheaper for consumers […]
BlackRock and Microsoft Plan $30 Billion AI Infrastructure Investment
In a significant move towards bolstering artificial intelligence capabilities, BlackRock and Microsoft have unveiled plans to establish a groundbreaking investment partnership valued at over $30 billion. This initiative, known as the Global AI Infrastructure Investment Partnership, will focus on creating the essential infrastructure needed to support the escalating demand for AI technologies across the globe. […]
Exclusive: L Catterton Invests in British Fragrance Brand Vyrao
In a strategic move signaling the growing dynamics of the fragrance sector, L Catterton, the private equity powerhouse backed by luxury conglomerate LVMH, has invested in Vyrao, a rising star in the niche perfume market. The investment marks a significant step for Vyrao as it prepares for expansive growth. Founded by Yasmin Sewell, a former […]
Microsoft Increases Dividend as AI Spending Rises
In a strategic maneuver reflecting positive forecasts and robust capital investments, Microsoft has recently announced a significant increase in its quarterly dividend and initiated a substantial share buyback program. The technology behemoth has raised its quarterly dividend to $0.83 per share, indicating a remarkable 10% increase, a move that underscores its confidence in current and […]