InstaDeep raises $100m to ramp up development of ‘real world’ AI technology January 25, 2022 London-based AI firm InstaDeep has today announced $100m funding injection which it will use to fuel a global expansion and ramp up development of AI technologies.
Martin Gilbert’s AssetCo agrees £98.8m all-share takeover of River & Mercantile January 25, 2022 Martin Gilbert's investment vehicle AssetCo has agreed a £98.8m takeover of listed asset management firm River & Mercantile.
Nvidia prepares to abandon Arm takeover January 25, 2022 Nvidia is preparing to walk away from its $40bn bid for British chip manufacturer Arm from Japanese investment giant Softbank, according to news reports.
Gamification and social media are putting retail investors at risk, warns EU watchdog January 25, 2022 Social media and the gamification of investment via smartphone apps may be putting inexperienced and younger investors at risk, the European Union’s securities watchdog warned today.
Short sellers see $114bn surge in gains amid U.S. sell-off January 25, 2022 Short sellers have enjoyed a boom in gains since the start of this year amid a major US stock market sell-off, according to new data.
Exclusive: UK financial services M&A hits five year high but deal value slumps January 25, 2022 Mergers and acquisitions (M&A) in the UK’s financial services sector rebounded to hit a five year high last year but overall deal value slumped on 2020 levels.
Unilever shares surge after Peltz takes a stake, though reports say job losses loom January 24, 2022 Unilever shares have surged this morning after it was revealed that notorious activist investor Nelson Peltz had taken a stake in the firm.
Aviva Investors calls for businesses to increase focus on human rights and biodiversity January 24, 2022 Asset manager Aviva Investors will push firms to increase their focus on biodiversity and human rights as it looks to promote a more rounded approach to corporate sustainability.
JP Morgan launches sustainable investment team to target high-growth climate firms January 24, 2022 JPMorgan's asset management arm has launched a new sustainable investment team as the bank ramps up efforts to hit its climate change commitments.
THG woes continue after Moulding’s mother rides to his defence January 24, 2022 Shares in embattled e-commerce group THG plummeted today after Citi Bank downgraded its profit guidance for the firm and it was revealed that boss Matt Moulding’s mother rounded on a journalist in defence of her son’s achievements.
