Amazon’s $50 billion OpenAI investment may depend on IPO or AGI milestone, The Information reports

Feb 25 (Reuters) - Amazon ’s plan to invest up to $50 billion in OpenAI could depend on whether the AI developer goes public or achieves artificial general intelligence (AGI), The Information reported ...

Bank of Korea holds rates at 2.50% as expected

Investing.com -- The Bank of Korea kept its benchmark interest rate unchanged at 2.50% as expected on Thursday, as resilience in the economy and cooling inflation gave the central bank more headroom ...

Mitsui Sumitomo buys Berkley (WRB) shares worth $39.3m

Mitsui Sumitomo Insurance CO LTD, a ten percent owner of BERKLEY W R CORP (NYSE:WRB), reported purchasing shares of common stock in multiple transactions. The purchases, which totaled $39,381,431, ...

TRG Latin America Acquisitions prices $200 million IPO at $10 per unit

TRG Latin America Acquisitions Corp. (TRGSU) priced its initial public offering of 20 million units at $10.00 per unit, raising $200 million. Trading begins February 26, 2026 on the Nasdaq Stock ...

TRG Latin America prices $200 million IPO at $10 per unit

TRG Latin America Acquisitions Corp. (TRGSU) priced its initial public offering of 20 million units at $10.00 per unit, raising $200 million. The units began trading on the Nasdaq Stock Exchange on ...

APEX Tech Acquisition prices $100 million IPO at $10 per unit

APEX Tech Acquisition Inc. announced the pricing of its initial public offering of 10 million units at $10.00 per unit, raising $100 million. The blank check company incorporated ...

Asia shares rise in relief rally as Nvidia beats the street

"Nvidia’s print was strong enough to keep the AI capex cycle alive. The immediate market reaction is relief, translating into ...

BlueScope says revised SGH-Steel Dynamics bid undervalues company

Investing.com-- BlueScope Steel (ASX:BSL) said on Thursday it had responded to a A$15 billion ($10.7 billion) revised takeover proposal from a consortium comprising SGH Ltd (ASX:SGH) and Steel ...

Homeland Security official rejects suggestion ICE agents will be at polling stations

During that call, Heather Honey, a deputy assistant secretary for election integrity at the U.S. Department of Homeland Security, told state officials, "Any suggestion that ICE will be present at any ...

Dollar slips as Nvidia buoys investor hopes in absence of tariff news

The U.S. dollar index, which measures the greenback’s strength against a basket of six currencies, held losses from Wednesday ...

Cathie Wood’s ARK sells PagerDuty stock, buys Tempus AI

On the buying front, ARK made a significant investment in Tempus AI Inc (TEM), acquiring 212,825 shares for a total of $12,333,208. This purchase indicates a substantial interest in Tempus AI, ...

US halts some Medicaid payments to Minnesota, alleging fraud

Republican President Donald Trump’s administration has used fraud allegations in Minnesota as part of its justification for a months-long immigration crackdown in the state, during which federal ...