#100bn

Access the Editor’s Summary without charge Roula Khalaf, Editor of the FT, curates her preferred articles in this periodical bulletin. Nvidia is nearing completion of a $30bn capital infusion into OpenAI that will supersede the extended $100bn pledge established by the firms in the preceding year, amidst a substantial fresh capital injection for the artificial intelligence venture. The planet’s…

Natalie ShermanBusiness reporter Watch: Trump outlines plan for Venezuela oil after Maduro ouster US President Donald Trump has asked for at least $100bn (£75bn) in oil industry spending for Venezuela, but received a lukewarm response at the White House as one executive warned the South American country was currently “uninvestable”. Bosses of the biggest US oil firms who attended the meeting…

Nvidia, the chipmaking company, will invest up to $100bn in OpenAI and provide it with data center chips, the companies said on Monday, a tie-up between two of the highest-profile leaders in the global artificial intelligence race. The deal, which will see Nvidia start delivering chips as soon as late 2026, will involve two separate but intertwined transactions, according to a person close to…

When €19bn software program group Visma final month selected London because the venue for its future preliminary public providing, it signalled a hit for the UK capital in additional methods than one. The choice was an apparent increase for the UK’s beleaguered capital markets, the place IPOs have grow to be vanishingly uncommon — not to mention ones of multibillion-pound tech firms. Nonetheless,…