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City A.M. Content

  • Meta Signs Agreement With AWS to Power Agentic AI on AWS Graviton Chips

    Business Wire

    The deal helps power the agentic workloads behind Meta’s AI efforts Key takeaways The deployment starts with tens of millions of Graviton cores, with the potential to expand. Meta is now one of the largest Graviton customers in the world. The deal builds on Meta's long-standing AWS relationship and use of Amazon Bedrock at scale to support its next generation of AI.

  • Porsche Sells Bugatti Stake to BlueFive Capital

    Business Wire

    Porsche has agreed to sell its equity stake in Bugatti Rimac. Porsche and Rimac Group established Bugatti Rimac as a joint venture in 2021 to serve as home to the iconic Bugatti brand. In this joint venture, Porsche holds a minority stake of 45%, Rimac Group owns 55%. Porsche also holds a 20.6% stake in [...]

  • Edge Home Finance Announces Strategic Investment from Presidio Investors and Promotion of Tom Ahles to President

    Business Wire

    Edge Home Finance today announced a strategic investment from Presidio Investors (“Presidio”), marking a major milestone in the company’s continued expansion and leadership within the mortgage broker channel. As part of this transaction, Tom Ahles has been promoted to President of Edge Home Finance, reinforcing the company’s commitment to strong leadership as it enters its [...]

  • JPMorganChase Expands Security and Resiliency Initiative Across Europe

    April 21, 2026

    Broader geographic focus builds on momentum in the U.S. and reinforces commitment to strengthening critical supply chains, economic resilience and shared security across trading partners

  • CURA and TITAN Group: Innovation Partnership for the Validation of Low-carbon Cement Technology

    April 20, 2026

    The partnership will test electrochemical limestone splitting technology and explore its deployment across TITAN’s global cement operations

  • Petronor and H2SITE Partner to Pioneer High-Purity Hydrogen Production in Refining Through Advanced Membrane Technology

    April 20, 2026

    H2SITE, a technology company specialised in advanced hydrogen production and separation solutions, has signed a strategic agreement with Petronor, a leading refinery and key industrial player in the energy sector with a clear commitment to achieving net-zero emissions, to deploy its high-efficiency hydrogen separation technology at Petronor’s refinery. This press release features multimedia. View the [...]

  • Paranova Print and Packaging Launches as Independent Company Under New Name Following Acquisition by Kingswood Capital Management

    April 9, 2026

    Coveris’ Business Unit Paper (“BU Paper”) announced today the completion of its acquisition by Kingswood Capital Management, LP (together with its affiliates, “Kingswood”). As part of the transition to an independent organization, BU Paper will adopt the new name Paranova Print and Packaging (“Paranova”), reflecting both its long-standing heritage and its next phase of growth. [...]

  • MiQ Acquires Rocket Lab to Accelerate AI-Powered App Growth Globally

    April 7, 2026

    Deal brings in-app growth and total-market reach together in one unified advertising solution

  • OLX Launches AutoGPT: Agentic AI Assistant Transforming Automotive Search Across Europe

    April 2, 2026

    AutoGPT uses conversational AI to let car buyers describe their needs in plain language Currently live in Poland and soon to be launched in France, Romania, and Portugal marking the next phase in intuitive automotive search Developed as part of OLX's $200M+ investment in AI innovation across its marketplace platforms

  • European DataWarehouse Claims Its First “Fintech Provider of the Year” Award and a Sixth “Data Provider of the Year” Title at GlobalCapital’s 2026 European Securitisation Awards

    March 27, 2026

    European DataWarehouse (EDW) is pleased to announce that it has been named both “Data Provider of the Year” and “Fintech Provider of the Year” at the 2026 GlobalCapital European Securitization Awards in London. The award ceremony recognises outstanding achievements in European structured finance, with winners selected by popular vote from across the industry. As defined [...]

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