AI
Firmus IPO Scrapped as AI Valuations Face a New Test
Firmus withdrew its planned ASX IPO and will pursue private capital, sharpening scrutiny of AI infrastructure valuations and funding needs.
Latest
Latest
Kenya Payment System Bill Consultation Closes Today
The Kenya Payment System Bill consultation closes October 9 as officials seek views on licensing, interoperability, open finance and consumer protection.
Latest
Moderna Nasdaq-100 Entry Replaces Warner Bros. Discovery
Moderna joins the Nasdaq-100 before the October 9 market open, replacing Warner Bros. Discovery and expanding its institutional index exposure.
Latest
American Express Fine Hits $350M Over AML Control Failures
The American Express fine totals $350 million after regulators cited AML control failures tied to $13 billion in suspected laundering activity.
Crypto
EU Stablecoin Regulation Gives Firms Three-Month Exit Window
EU stablecoin regulation now gives crypto firms up to three months to remediate non-MiCA exposure while preserving limited exit services.
AI
Green AI Cloud SPAC Deal Targets $525M Enterprise Value
Green AI Cloud’s proposed Pioneer merger carries a $300 million pre-money equity value and targets a Nasdaq listing in the second quarter of 2027.
Analysis
Solana Price Outlook: Can $106 Support Hold After 6% Drop?
Solana’s slide puts $106 support in focus as traders weigh a tokenized-stock catalyst, resistance near $117 and broader crypto risk.
AI
IBM SAP Cloud ERP Targets Midmarket AI Adoption and Efficiency
IBM launched Ready for SAP Solutions for selected markets, citing faster operations at one client while positioning cloud ERP as an AI foundation.
AI
Microsoft Nvidia AI PCs Bring Local Models to Surface Ultra
Microsoft opened Surface Laptop Ultra preorders with Nvidia RTX Spark, targeting local AI models exceeding 120 billion parameters and hybrid workloads.
Latest
Samsung Q3 Profit Guidance Hits 107.4 Trillion Won on AI Demand
Samsung projected 107.4 trillion won in third-quarter operating profit and 195 trillion won in sales, pending its detailed earnings release.