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Record AI fund inflows continue to weigh on India’s investment case: EPFR Global

The global rush into artificial intelligence (AI) investments continues to gather pace, even as investors debate whether current valuations can be sustained, according to Cameron Brandt, Director of Research at EPFR Global. Brandt said technology-focused funds saw another weekly inflow record, while large amounts of capital also moved into AI-linked markets such as South Korea … Read more

SpaceX IPO: Saudi Arabia’s PIF eyes $5 billion stake ahead of record $75 billion listing

Saudi Arabia’s Public Investment Fund is considering taking an anchor stake of around $5 billion in Elon Musk’s SpaceX as the company eyes a whopping $2 trillion in valuation ahead of its planned IPO. The space exploration company is aiming to raise a record-breaking $75 billion in the listing scheduled for later this year, according … Read more

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