Search results for sovereign wealth fund
AI & Enterprise
42Maru targets Saudi AI market through Kosmes support program
Agentic AI startup 42Maru said on Aug. 31 it will pursue entry into Saudi Arabia and the Middle East and North Africa market through a programme run by the Korea SMEs and Startups Agency. The initiative supports Korean SMEs in building local partnerships in fields such as AI. 42Maru plans to supply its LLM42 model and RAG42 solution via on-premise and private-cloud deployments and to combine agentic AI functions for document review and workflow automation.
AI & Enterprise
SBVA hires two new venture partners
SBVA said on Wednesday it has hired Chris Lee (이지행), a former partner, and Kaz Yoshimaru (카즈 요시마루), a former director, as venture partners. The company said the hires, both former SoftBank Vision Fund investment professionals, will further strengthen its global investment capabilities. SBVA said it plans to actively support overseas market entry and business expansion for its portfolio companies.
Crypto
U.S. trading firm Jane Street bets $990 million on spot bitcoin ETFs
Jane Street holds a bitcoin position worth about $990 million through spot bitcoin exchange-traded funds, equivalent to 15,394 BTC at current prices, Bitcoin Magazine reported. A filing submitted to the U.S. Securities and Exchange Commission showed the firm allocated the sum across major spot bitcoin ETFs, with $828 million concentrated in BlackRock\'s IBIT. The disclosure comes as Jane Street reported a monthly loss in July of about $15 billion.
-
Crypto
Norway sovereign wealth fund holds 6.15 million shares in BitMine, indirectly investing in Ethereum
-
Industry
Norway\'s sovereign wealth fund posts record first-half profit, buys stake in SpaceX
-
Industry
SpaceX shares jump again above IPO price as short interest slides
-
Crypto
Temasek still not considering crypto investments, aims to raise AI share to 15 percent
-
Crypto
UAE exchange MidChains CEO says sovereign wealth funds accumulating spot bitcoin
-
AI & Enterprise
U.S. government weighs stakes in AI companies as \'AI sovereign wealth fund\' plan emerges
-
AI & Enterprise
BlackRock CEO says U.S. needs trillions to maintain AI leadership; deposits, pensions may be tapped
-
Crypto
Harvard cuts IBIT stake by 43 percent and exits ethereum spot ETF
-
Industry
President Lee Jae-myung urges turning crisis into opportunity, stresses sovereign wealth fund and manufacturing sovereignty
-
Crypto
Bitwise CIO says bitcoin could hit $1 million if it takes 15 percent of store-of-value market
-
Industry
Chinese EV makers move beyond cheap cars as western rivals stay in losses
-
Mobility
Kakao Mobility to export parking solution to Saudi Diriyah
-
AI & Enterprise
Anthropic accelerates enterprise AI push with business-focused pricing
-
AI & Enterprise
Grafana Labs pursues new funding on open-source observability bet
-
AI & Enterprise
Anthropic raises $30 billion at $380 billion valuation