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08:22

Bain Capital Seeks to Sell 40% Stake in Bridge Data Centres for $5 Billion

Gate News message, April 23 — Bain Capital is seeking to sell at least 40% of Bridge Data Centres, a Singapore-based data infrastructure operator, in a deal that could value the company at approximately US$5 billion. Bain remains open to selling a larger or controlling stake if it receives a
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03:32

US Dollar Hits Record 51.1% Share of Global Trade, Up from 49.2% in February

SWIFT data indicate the US dollar accounted for a record 51.1% of international transactions in March, up from 49.2% in February and the highest level since 2023. The euro was around 21%, with sterling and yen behind, and the dollar's rise aligned with tensions in the Middle East. SWIFT data show the US dollar share of international transactions rose to 51.1% in March from 49.2% in February, a peak since 2023, with the euro around 21% and sterling and yen trailing.
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20:02

DeepSeek's Valuation Surges Past $20 Billion as Tencent and Alibaba Weigh Investments

DeepSeek seeks >$20B as Tencent/Alibaba discuss investment; Nvidia warns US chip edge could be undermined by Huawei; AI funding continues to surge with Vast Data's $1B round and OpenAI/Anthropic/xAI investments. DeepSeek aims for a valuation above $20 billion amid talks with Tencent and Alibaba, while Nvidia warns that shifting AI models to Huawei chips could erode U.S. lead. The piece also notes a global surge in AI funding, including Vast Data's $1 billion round at a $30 billion valuation and major investments in OpenAI, Anthropic, and xAI.
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