fundraising

SoftBank seeks up to $100B from Gulf investors, FT says

SoftBank Group founder Masayoshi Son is trying to raise as much as $100 billion from Gulf investors to expand his bets on artificial intelligence, the Financial Times reported on Friday, citing several people familiar with the matter. Over the past…

Goldman Sachs raises $11.7B for private equity funds

Goldman Sachs's The Goldman Sachs Group, Inc. asset management arm said on Tuesday that its alternatives unit has raised $11.7 billion across its latest private equity funds and related vehicles, marking the debut of a dedicated Asia equity strategy alongside…

Z.AI shares slide after $5 billion fundraise in two months

Chinese artificial intelligence developer Z.AI raised approximately $5 billion through a Hong Kong share placement and concurrent convertible bond sale, the company disclosed in a filing with the Hong Kong Stock Exchange on Sunday. The deal, its second major capital…

Chinese tech firms raise $27B in Hong Kong this year

Chinese technology companies have raised a combined HK$214.39 billion (about $27.3 billion) in Hong Kong this year through listings and share sales, as AI startups, chipmakers, and robotaxi developers flock to the city's capital markets to fund expansion, according to…

London art scene rallies for Palestine with major solidarity events

London is becoming a focal point for artistic solidarity with Palestinians as multiple exhibitions open across the city, including a show at Studio 1.1 featuring works from over 200 artists across 35 countries and the upcoming "Voices of Solidarity" fundraiser…

Tate chair proposes Turbine Hall naming rights for a minimum of £50m

According to The Art Newspaper, Roland Rudd, the chair of Tate's trustees, has suggested that naming rights for the iconic Turbine Hall at London's Tate Modern could be offered for "a minimum of £50m," as part of the institution's ambitious…