Nvidia-backed Nscale weighs delay to $35 billion listing
Executives are reviewing whether to pause the IPO process, according to a media report. The British cloud provider plans to trade on the NYSE as NSCL.
Globe And Street: global business and finance news
IPO & Deals
Anthropic founders plan share sales of about $250 million each in IPO
The seven co-founders would retain collective voting control after an offering that could value the company at $1.4 trillion.
Tech
OpenAI adds business profiles and customer chat agents to ChatGPT
The initial rollout of Business Agents is limited to eligible U.S. e-commerce and online service businesses.
- WorldAzerbaijan and Ukraine sign cooperation agreements spanning 14 sectors
- MarketsUS yields rise and stocks fall as inflation strengthens case for larger Fed hike
- Economy & PolicyBOJ sees 1 trillion yen in extra annual ETF proceeds, minister says
- CompaniesVodafone raises earnings outlook despite €4.79 billion first-half loss
- IPO & DealsNvidia-backed Nscale weighs delay to $35 billion listing
- Energy & CommoditiesUS power consumption set for new records through 2027, EIA says
- Crypto & Digital AssetsPNC and Coinbase plan stablecoin payment pilot for business clients
- FinanceSequoia to close London office and end Arc and Scouts programs
- TechOpenAI adds business profiles and customer chat agents to ChatGPT
Azerbaijan and Ukraine sign cooperation agreements spanning 14 sectors
The countries adopted a 2026-2027 action plan as official figures showed bilateral trade increased 10.5% in the first eight months of 2026.
US yields rise and stocks fall as inflation strengthens case for larger Fed hike
October consumer prices rose 0.4%, exceeding economists’ forecasts, while core inflation also came in above expectations.
BOJ sees 1 trillion yen in extra annual ETF proceeds, minister says
Japan plans to use proceeds for economic security investment, but the amount reaching government coffers remains uncertain.
Vodafone raises earnings outlook despite €4.79 billion first-half loss
A €4.85 billion impairment in Germany weighed on results, while acquisitions helped lift revenue 11.4% to €21.9 billion.
Mercor raises $750 million at $20 billion valuation
Nvidia and Benchmark joined the Series D round, with Mercor planning to use the money to train and test AI agents on professional tasks.
US power consumption set for new records through 2027, EIA says
The agency attributes rising demand largely to AI data centers, alongside greater use of electricity for heating and transportation.
PNC and Coinbase plan stablecoin payment pilot for business clients
Eligible clients will receive Circle’s USDC, with payments automatically converted into US dollars.
Sequoia to close London office and end Arc and Scouts programs
The venture capital firm says it has raised roughly $10 billion in new funds while combining investment teams and reducing internal hierarchy.
Infineon expects AI data center demand to withstand growing opposition
The German chipmaker forecasts 20% sales growth in its current fiscal year, driven by demand for chips used to power AI infrastructure.