SoftBank Corp. Launches In-house AI Chat Service
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 Collaborates With SoftBank Corp. to Power SoftBank’s Next-Gen Data Centers Using Grace Hopper Superchip for Generative AI and 5G/6G
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 Completes Acquisition of Majority Stake of Copeland, Formerly Emerson Climate Technologies
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 to Present at Morgan Stanley’s US Financials, Payments and CRE Conference
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 Releases Monthly Sector Rotation Study
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…
Morgan Stanley Private Equity Secondaries Completes Investment Alongside Clairvest in Top Aces
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 Tops Institutional Investor’s All-Asia Research Rankings for the Ninth Consecutive Year
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…
Goldman Sachs Conference Call to Announce Second Quarter 2023 Results
The Goldman Sachs Group, Inc. (NYSE: GS) now plans to announce its Second Quarter 2023 financial results on Wednesday, July 19, 2023 in a press release that will be issued at approximately 7:30 am (ET). The press release will also…
Charles Schwab Congratulates Emiliano Grillo as Champion of the 2023 Charles Schwab Challenge
Charles Schwab is honored to congratulate Emiliano Grillo on his victory at the 2023 Charles Schwab Challenge. With his playoff win, Grillo captured the iconic Leonard Trophy and will have his name etched in granite on the Wall of Champions…
Chubb Supports World’s Largest Debt Conversion for Marine Conservation Project in the Galapagos Islands, Ecuador
Chubb today announced its support for the Galápagos Marine Bond, the world’s largest debt conversion for marine conservation. The marine conservation-linked bond involves a partnership with the Government of Ecuador and the U.S. International Development Finance Corporation (DFC), the Inter-American Development Bank, Credit…
Safety and Shipping Review 2023
Shipping transports between 80% to 90% of world trade onboard different vessels so maritime safety is critical. Improvements have been significant over the past decade in particular. Thirty years ago, the global fleet was losing 200+ vessels a year. At…
Cigna, Chesapeake hospital to extend contract expiration to June 30
Chesapeake Regional Medical Center will remain in insurance giant Cigna’s network through the end of June after the two agreed to keep their contract alive beyond a previously set June 1 deadline. “I am satisfied with the extension and hopeful…