Perplexity AI is currently in confidential negotiations to secure a staggering $1 billion in funding, which would potentially double its valuation to $18 billion after the infusion. This seismic leap follows a period of rapid ascension, having jumped from a valuation of $3 billion in June 2024 to a remarkable $9 billion by December of
On a historic Thursday, the Boston Celtics—an emblem of storied success in American sports—were sold to a consortium led by private equity figure Bill Chisholm for an astonishing $6.1 billion. This transaction represents a seismic shift not just for the franchise, but for sports team valuations as a whole. While many may celebrate the achievement
Fremantle recently announced a 23% increase in adjusted EBITA, climbing to €171 million, and yet the backdrop of these figures is decidedly less optimistic. The company, owned by RTL, has indefinitely deferred its bold €3 billion turnover target that it once aimed to hit by 2025. This contradiction between impressive profit growth and stagnant long-term
In an exhilarating twist, Mount St. Mary’s triumph over American ignited a beacon of hope for underdogs everywhere. Guard Xavier Lipscomb, almost within the blink of an eye, dropped a 3-pointer that encapsulated a roaring start to a high-paced game, contrasting starkly with Mount St. Mary’s typically defensive-play style. Historically, they’ve managed to keep opponents
The imminent changes to donation regulations in UK politics signal a pressing need to address the shadowy money that has seeped into the nation’s democratic framework. As political ministers draw up proposals to restrict foreign donors from providing unrestricted funds to political parties, a significant revelation comes to light: the overwhelming majority of British citizens
The buzz surrounding the upcoming Boat Storm Infinity smartwatch is palpable, especially with the official confirmation of its unveiling set for March 25 at 12 AM IST. As consumers eagerly await its official price announcement, the excitement reaches fever pitch, accentuated by the intriguing details and teasers released in recent weeks. In a market saturated
In a captivating twist on the age-old question of how life began, a recent study from Stanford University unveils a groundbreaking phenomenon aptly named ‘microlightning.’ This term describes a highly controlled form of electrical discharge occurring among charged microdroplets of water, which could catalyze the formation of organic compounds essential for life. Far removed from
In an audacious maneuver that could significantly alter the landscape of fiscal policy in Germany, the Bundestag is preparing to vote on a transformative fiscal package poised to inject a staggering 500 billion euros ($548 billion) into infrastructure and climate initiatives. The core of this proposal lies not merely in the monetary figures but in
The UK film and television industry has navigated a year marked by turmoil, with significant layoffs sending ripples of concern throughout the sector. Yet, amid this chaos, a recent report from talent agency recruiter Sumo unveils a surprising trend: agencies have expanded their workforce by 13% over the past 12 months. This paradox raises essential
On Tuesday, shares of Baidu, one of the most prominent tech companies in China, saw a significant boost, climbing 10.7% in Asian markets. This surge comes in the wake of the weekend announcement regarding two new artificial intelligence models—one being the latest iteration of the foundational “Ernie” model and the introduction of a reasoning model