invest Archives - The Open News

This year, Hyundai Motor Group will invest a record $16.7 billion in South Korea

In order to secure development while navigating political unrest and the economic uncertainty in the United States, South Korea’s Hyundai

Komal Patil Business December 23, 2024

Italian State Railways is to invest 1.3 billion euros in a solar power project

The CEO of Ferrovie dello Stato, a state railway in Italy, stated in a newspaper interview that the company intends

Komal Patil Business November 23, 2024

Amazon invests an additional $4 billion in the AI firm Anthropic

As the e-commerce behemoth competes with Big Tech rivals to profit from generative artificial intelligence technology, Amazon.com (AMZN.O) invested an

Komal Patil Business November 7, 2024

Amazon plans to invest $1.3 billion in the data center industry in Italy

AWS, the computing division of Amazon (AMZN.O), announced on Thursday that it would invest 1.2 billion euros ($1.3 billion) in

Komal Patil Business October 29, 2024

Aramco’s venture capital division will invest $100 million in AI firms

Saudi Aramco’s $500 million venture capital fund, Wa’ed Ventures, intends to invest $100 million in early-stage AI businesses. In order

Komal Patil Business October 3, 2024

Microsoft will invest $4.8 billion in cloud and AI in Italy

Microsoft (MSFT.O) announced on Wednesday that it is expanding its plans to invest 4.3 billion euros ($4.8 billion) over the

Komal Patil Business July 23, 2024

Saudi Aramco will Invest $14.4 million in Rebellions, an AI Chip Business

Rebellions, a Korean startup that makes artificial intelligence (AI) chips, announced on Tuesday that Saudi Arabia’s state-owned oil giant Aramco

Komal Patil Business July 11, 2024

AEI Is Looking To Invest In Space Again After Closing A $1.28 Billion Fund

AE Industrial Partners (AEI), a private equity firm, has closed a $1.28 billion fund and is now seeking additional space

Komal Patil Business June 22, 2024

Oracle Will Invest More Than $1 Billion in AI and Cloud Computing in Spain

To fulfill the fast expanding demand for its AI and cloud services in Spain, Oracle has announced plans to invest