AMD to Enhance Software Development with Silo AI AcquisitionAdvanced Micro Devices (AMD) is competing its AI capabilities with industry leader NVIDIA. AMD announced on the 10th that it will acquire Finnish startup Silo AI for $665 million in cash to improve the capabilities of its AI chips. Silo AI CEO Peter Sarlin will continue to lead the unit as part of the AMD […]
China Warns U.S.: Hands Off Taiwan, Cease Provocations in South China SeaVice Minister Ma Zhaoxu Deputy Security of State Kurt Campbell discussed current issues between the two countries on the 30th of last month.
Fashion World Shaken as U.S. Regulators Halt Tapestry's $8.5 Billion AcquisitionTapestry, the parent company of American fashion brand Coach, faced a roadblock from U.S. regulators in its bid to acquire Capri Holdings, which owns brands such as Michael Kors, for $8.5 billion (approximately 11.7 trillion KRW). According to the Financial Times (FT) and the Wall Street Journal (WSJ), on the 22nd (local time), the Federal […]
TPG Plans to Raise $5 Billion Asia Fund with 10% Allocated to Korean MarketTexas Pacific Group (TPG), a global private equity managing firm, is set to establish a massive Asia buyout fund worth approximately $5 billion. They plan to invest around 10% of this fund into the South Korean market. According to Bloomberg and other sources, on the 26th, TPG is planning to close its eighth Asia buyout […]
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AMD to Enhance Software Development with Silo AI Acquisition Advanced Micro Devices (AMD) is competing its AI capabilities with industry leader NVIDIA. AMD announced on the 10th that it will acquire Finnish startup Silo AI for $665 million in cash to improve the capabilities of its AI chips. Silo AI CEO Peter Sarlin will continue to lead the unit as part of the AMD […]
China Warns U.S.: Hands Off Taiwan, Cease Provocations in South China Sea Vice Minister Ma Zhaoxu Deputy Security of State Kurt Campbell discussed current issues between the two countries on the 30th of last month.
Fashion World Shaken as U.S. Regulators Halt Tapestry's $8.5 Billion Acquisition Tapestry, the parent company of American fashion brand Coach, faced a roadblock from U.S. regulators in its bid to acquire Capri Holdings, which owns brands such as Michael Kors, for $8.5 billion (approximately 11.7 trillion KRW). According to the Financial Times (FT) and the Wall Street Journal (WSJ), on the 22nd (local time), the Federal […]
TPG Plans to Raise $5 Billion Asia Fund with 10% Allocated to Korean Market Texas Pacific Group (TPG), a global private equity managing firm, is set to establish a massive Asia buyout fund worth approximately $5 billion. They plan to invest around 10% of this fund into the South Korean market. According to Bloomberg and other sources, on the 26th, TPG is planning to close its eighth Asia buyout […]
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