KKR & Co (KKR.N) is moving a managing director from India to Singapore to lead the firm’s Southeast Asia private equity business, two familiar with the matter sources told Reuters, bolstering its personnel in the region. Prashant Kumar, who has been with…

KKR, a leading global investment firm, today announced the acquisition of an industrial park in Phoenix, Arizona and an industrial warehouse in Atlanta, Georgia. The properties are both newly constructed Class A assets and were acquired in two separate transactions…

Coveo Relevance platform now available in the AWS Canada Central region Coveo, a player in the field of artificial intelligence (AI) platforms, recently announced that its Canadian customers can now access the Coveo Relevance platform in the Amazon Web Services…

Equinix has launched a new data center in Dubai, in the United Arab Emirates. The first phase of the new facility, known as DX3 and located on the same campus as DX1, offers capacity for 900 racks. The company said…

The Digital Twin Campus Lab (“DTCL”), established by SoftBank Corp. (“SoftBank”) and Keio Research Institute at SFC (“KRIS”), announced it launched a proof of concept (PoC) for the advanced operation of autonomous shuttle buses utilizing digital twin technology at Keio…

a Japan-based telecom and IT operator, today announced it launched its own AI Chat service for internal use. As of May 29, 2023, the generative AI service is available to all SoftBank employees, a workforce of approximately 20,000 people. SoftBank…

NVIDIA and SoftBank Corp. today announced they are collaborating on a pioneering platform for generative AI and 5G/6G applications that is based on the NVIDIA GH200 Grace Hopper™ Superchip and which SoftBank plans to roll out at new, distributed AI data centers…

Blackstone (NYSE: BX) and Emerson (NYSE: EMR) today announced that private equity funds managed by Blackstone (“Blackstone”) have completed the previously announced acquisition of a majority stake in Emerson’s Climate Technologies business in a transaction valuing the business at $14.0…

Blackstone (NYSE:BX) announced today that Michael Chae, Chief Financial Officer, is scheduled to present at Morgan Stanley’s US Financials, Payments and CRE Conference on Monday, June 12, 2023 at 2:30pm ET. A live webcast of the presentation will be available…

E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors. About E*TRADE from Morgan Stanley and Important Notices…

Investment funds managed by Morgan Stanley Private Equity Secondaries and Clairvest Group (Clairvest) announced today the completion of a growth equity investment in Top Aces alongside Top Aces’ other shareholders, which includes global investment group CDPQ. Top Aces provides advanced…

Morgan Stanley (NYSE: MS) today announced that the Firm has again topped Institutional Investor magazine’s All-Asia Research Team annual rankings, making it the first bank to lead the Asia survey for nine consecutive years in the survey’s 30-year history. The…