UBS has appointed Sonja Laud, Chief Investment Officer of Legal & General, to co-head its $1.8 trillion direct investments unit, underscoring the bank’s push to strengthen investment leadership amid its post-Credit Suisse integration. UBS will merge its public and private market investment teams into a single platform, representing the core of its $2 trillion asset...
Amazon is reportedly in discussions to invest around USD 10 billion in OpenAI, in a deal that could value the AI leader at over USD 500 billion. While talks remain fluid, the signal is clear: the AI infrastructure race is accelerating, not slowing. This comes as OpenAI: For Amazon, this is not just an equity...
Mitsubishi UFJ Financial Group’s (MUFG) plan to invest over USD 4 billion for an approximately 20% stake in Shriram Finance, one of India’s largest NBFCs, is more than just another cross-border transaction. 🔍 This is not merely M&A. It is a strategic reallocation of global capital. As Japanese financial institutions face: 👉 India has emerged...
Japan’s Mizuho Securities will acquire a 61.6%–78.3% stake in Indian investment bank Avendus from KKR for up to 81 billion yen ($523 million), making Avendus a consolidated subsidiary. The deal deepens Japanese financial institutions’ expansion into India, as firms seek growth outside a shrinking domestic market. Mizuho said rising client demand for India exposure made...
Blackstone is leading a $400 million investment in Israeli data-security startup Cyera, valuing the AI-driven company at $9 billion, according to reports. Founded in 2021 and backed by Sequoia Capital and Accel, Cyera provides an AI-powered data security platform designed to help enterprises protect sensitive data as AI adoption accelerates. Existing investors are expected to...
Waymo, Alphabet’s autonomous driving unit, is in discussions with investors to raise billions of dollars at a valuation of at least $100 billion, according to media reports — highlighting intensifying competition in the robotaxi market. The funding round, expected early next year, could exceed $10B–$15B, with Alphabet likely leading the raise, sources said. 🔹 Why...