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ServiceNow is looking to raise approximately $4bn in a US high-grade bond sale to refinance debt taken on to fund its acquisition of cybersecurity firm Armis Security, Bloomberg reported on Monday. JPMorgan Chase, Wells Fargo, Barclays and Citigroup organised investor calls on Monday ahead of the issuance. The trade will replace a $4bn unsecured term […]
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FY27 hardware guidance is for 16.5m Switch 2 units, down 17%. Memory and shipping costs add a ¥100bn drag. The US price moves to $499.99 in September; Japan goes to ¥59,980 from 25 May. Nintendo shares dropped roughly 7% in Tokyo trading on Monday after Friday’s full-year results paired a record fiscal year with a […]
Tohme Accounting, a cross-border tax and advisory firm serving clients throughout Canada and the United States, sees artificial intelligence becoming increasingly influential in modern accounting. It observes that as financial activity expands across jurisdictions and regulatory frameworks continue to evolve, firms are adapting to larger volumes of data, faster reporting expectations, and more complex […]
$30bn went to OpenAI; the rest is spread across CoreWeave, IREN, Corning, Nebius, and roughly two dozen private rounds. The pattern is closer to vertical integration than to venture investing, and is starting to draw the inevitable circular-deal questions. NVIDIA has committed more than $40 billion to AI equity investments in the first four months […]