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xAI is looking more like a datacentre REIT than a frontier lab

xAI is looking more like a datacentre REIT than a frontier lab An unexpected development over the past few weeks is xAI's new partnerships with Anthropic and Google, providing them with a huge amount of capacity. It's worth remembering that xAI is now part of SpaceX, after the two merged back in February - so the revenue from these deals flows straight into the entity about to go public. While much has been made of the potential financial engineering given SpaceX's upcoming IPO, I think...

Hacker News 1d ago

Philippines’ PLDT Seeks Up to $400 Million From REIT Listing

A PLDT Inc. branded vehicle outside the company's headquarters in Makati City, Metro Manila, the Philippines.

Bloomberg Markets 1d ago

Mexico’s Fibra MTY to Buy Fibra Macquarie in $1.7 Billion Deal

The San Martin Obispo Park commercial facilities, part of the Fibra Next real estate investment trust (REIT), in Cuautitlan Izcalli, Mexico state, Mexico, on Sunday, Nov. 12, 2023. Latin America's largest real estate investment trust's planned IPO of Fibra Next, which will be formed with properties from Fibra Uno Administracion SA and another company controlled by the founders, had been looking to raise as much as $1.5 billion in a primary offering.

Bloomberg Markets 9d ago

India's stock market mania hits milestone: NSE logs 26 cr trading accounts and counting

India’s investor base hit a new milestone in June, with the National Stock Exchange of India (NSE) registering over 26 crore unique trading accounts, or client codes. In a press release issued on Friday, the exchange said it added the latest 1 crore accounts in just under four months. Over the past year, more than 4.3 crore accounts have been added, accounting for nearly 17% of the total, highlighting the pace of India’s capital markets.

Times of India 4d ago