SoftBank and Nvidia are reportedly negotiating a $1B+ investment into Skild AI, the fast-rising robotics foundation model startup, in a deal that would value the company at ~$14 billion — nearly 3× its valuation from earlier this year. Why Skild AI Is Attracting Mega Investors Founded in 2023 by former Meta AI researchers and backed...
Guggenheim Eyes Saudi Arabia as Gulf Investment Momentum Accelerates
Guggenheim Investments — the $357 billion U.S. asset manager — is actively considering opening an office in Saudi Arabia, expanding its Gulf footprint as the region accelerates investment in infrastructure, transportation, and technology. Already present in Dubai and in the process of licensing in Abu Dhabi, Guggenheim views the Gulf as a strategic growth hub....
Barrick Mining Explores IPO for North American Gold Assets as Bullion Hits Record Highs
Barrick Mining is evaluating an IPO for a new subsidiary that will hold its North American gold assets, capitalizing on record-high gold prices in 2025. Key Highlights Barrick will provide a formal update in February 2026.
Michael Burry Targets Tesla as “Ridiculously Overvalued” Amid AI Bubble Fears
Michael Burry — the famed “Big Short” investor — has shifted his criticism from the AI boom to Tesla, calling the automaker “ridiculously overvalued” in a new post on his Cassandra Unchained newsletter. Key Points The famed contrarian investor is once again sounding alarms — this time targeting the heart of the EV and AI...
Hedge Flow: Hedge Funds Ramp Up Shorts on UK Domestic Stocks Ahead of Budget – Goldman Sachs
Hedge funds have built their largest short positions since 2023 on UK companies heavily exposed to the domestic economy, according to a Goldman Sachs client note.The positioning shift comes just before Finance Minister Rachel Reeves’ budget, expected to include £35 billion in tax increases, which could pressure consumer demand and slow economic momentum. 🔻 Key...
SoftBank to Invest $3B in Ohio Facility to Supply OpenAI’s New Data Centers — The Information
SoftBank plans to invest up to $3 billion to overhaul an EV factory in Lordstown, Ohio, transforming it into a manufacturing hub for equipment used in OpenAI’s next-generation data centers, The Information reported. The upgraded plant will supply data centers in Milam County, Texas, and other locations, aligning with SoftBank’s aggressive pivot into AI after...