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The $14 Billion Question Dividing OpenAI and Microsoft

Date: October 18, 2024 Author: Berber Jin and Corrie Driebusch Source: Wall Street Journal OpenAI and Microsoft MSFT -0.32%decrease; red down pointing triangle are facing off in a high-stakes negotiation over an unprecedented question: How should a nearly $14 billion investment in a nonprofit translate to equity in a for-profit company? The startup behind ChatGPT […]

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Foxconn building Nvidia superchip facility in Mexico

Date: October 8, 2024 Author: Yimou Lee Source: Reuters Foxconn is building in Mexico the world’s largest manufacturing facility for bundling Nvidia’s GB200 superchips, a key component of the U.S. firm’s next-generation Blackwell family computing platform, senior executives at the Taiwanese company said on Tuesday. Foxconn, the world’s largest contract electronics manufacturer and known as […]

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Mexico's leading States in exports (2Q 2024)

Date: October 8, 2024 Source: Chihuahua Global EDC Chihuahua continues to strengthen its position as a national leader in exports, aiming to hold the #1 spot for 15 consecutive years. As of Q2 2024, Chihuahua leads Mexico with $35 billion in exports, driven primarily by the electronics and automotive sectors. While electronics exports saw a […]

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Private-Credit Fundraising on Track to Decline for Third Straight Year

Date: September 13, 2024 Author: Isaac Taylor Source: Wall Street Journal Pro Global private-credit fundraising is declining for a third straight year, despite the rising popularity of the asset class among institutional investors. Overall capital collected fell to $215.4 billion last year from $245.8 billion the previous year, marking a 12.4% decrease, according to research […]

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