Tag:

Blackrock

Jeff Bezos’ AI startup nears $38B valuation in massive funding push

Jeff Bezos is closing in on a major milestone in the artificial intelligence race, as his new venture, Project Prometheus, approaches a staggering $38 billion valuation.

21 Apr 2026-09:25
BlackRock invests $57m in IQM Quantum Computers

Finland-based IQM Quantum Computers has secured around €50 million ($57.6 million) in new venture funding from funds and accounts managed by BlackRock, as the company prepares for a planned public listing in the United States.

30 Mar 2026-13:57
KPC draws major investors to $7B pipeline deal

Kuwait Petroleum Corporation (KPC) has held early-stage talks with global investors over a potential $7 billion deal involving a stake in its crude oil pipeline network.

24 Feb 2026-14:12
What the Davos BlackRock deal means for Azerbaijan’s economy

Editor’s note: Abulfaz Babazadeh is a scientist, a Japanese studies scholar and a political observer, as well as a member of the Union of Journalists of Azerbaijan. The views expressed in this article are those of the author and do not necessarily reflect the position of News.Az.

23 Jan 2026-09:30
BlackRock sells 7% stake in Naturgy for $2B

BlackRock has sold a 7.1% stake in Spanish gas utility Naturgy for about €1.7 billion ($1.99 billion) through an accelerated bookbuild managed by JPMorgan. After the sale, BlackRock retains an 11.42% stake in the company, selling 68.8 million shares at €24.75 each, a 5.4% discount to the previous close.

11 Dec 2025-12:39
BlackRock CEO endorses crypto’s role — Could Bitcoin Hyper ride the next institutional wave?

BlackRock CEO, Larry Fink, endorsed Bitcoin’s role in modern finance. Could Bitcoin Hyper become the next big winner of the institutional adoption wave?

16 Oct 2025-16:20
BlackRock, Nvidia and Microsoft to acquire aligned data centers in $40 billion deal

A consortium led by BlackRock, Nvidia, xAI, and Microsoft has announced plans to acquire Aligned Data Centers in a deal valued at $40 billion.

15 Oct 2025-16:23
BlackRock to invest $700 million in UK data centers during Trump visit

BlackRock (BLK.N) plans to invest £500 million ($700 million) in UK data-centre infrastructure, Sky News reported on Saturday. The announcement is expected to be part of a series of deals unveiled during U.S. President Donald Trump’s state visit next week.

13 Sep 2025-11:50
Top 5 penny cryptos to buy now before institutional investors push prices past $1

31 Aug 2025-22:30
Jio BlackRock gets regulatory green light to launch four passive funds in India

Jio BlackRock, the asset management joint venture between Mukesh Ambani’s Jio Financial Services and global investment giant BlackRock, has received approval from India’s market regulator to launch four passive index funds, according to the Securities and Exchange Board of India (SEBI).

16 Jul 2025-10:56