Lambda, an AI cloud company that buys computing chips and rents them out to businesses, has raised $1 billion in private, short-dated debt to buy Nvidia’s AI chips that it will lease to Microsoft, ...

Treasury Secretary Scott Bessent sarcastically offered to give Sen. Elizabeth Warren a tutorial on “Foreign Exchange for Dummies” in a blistering response to her criticism of the government’s ...

Lambda is in talks to raise up to $3bn in pre-IPO financing at a valuation of $12bn or more, according to Bloomberg, as the Nvidia-backed cloud provider prepares for a listing expected next year. The ...

Hong Kong’s leader has called on scientists, leading enterprises and investment institutions from around the world to seize opportunities in the city, describing it as a “golden gateway” for overseas ...

Manila’s Foreign Secretary Maria Theresa Lazaro made the pitch during visits to Brazil and Chile from August 10 to 13. “Upon this human foundation, commercial bridges thrive: the Philippines stands as ...

Eli Lilly has turned to one of its Gateway Labs residents to help the Big Pharma develop trans-amplifying RNA (taRNA) vaccines for infectious diseases. The collaboration—for which financial details ...

Auckland is best-known for its harbour views and multicultural vibe, though with the Michelin Guide's foray into New Zealand, it gives travellers just one more reason to visit, especially with five ...