Oaktree funds Arixa Capital to meet real estate financing demands
Arixa Capital (“Arixa”) announces the expansion of its joint venture with funds managed by Oaktree Capital Management, L.P. (“Oaktree”) to originate senior secured loans backed by residential real estate. Launched in August 2023 with an initial USD 100 million commitment, this strategic partnership addresses the growing demand for real estate financing amid a market pullback by banks and private […]
MUFG invests in LanzaJet for ethanol as sustainable aviation fuel
LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, recently announced an investment from MUFG (Mitsubishi UFJ Financial Group, Inc), one of the world’s leading financial groups with total assets of approximately USD 2.9 trillion. The investment enables LanzaJet to continue building its capability and capacity to deploy its proprietary ethanol to sustainable aviation […]
VeriPark and FICO partner for advanced digital transformation solutions
VeriPark and FICO have launched a partnership to revolutionise the financial services sector through AI-driven decision making and digital transformation. The collaboration between VeriPark, a global provider of innovative digital solutions, and FICO, a renowned analytics software company, could enhance decision-making and promote financial inclusion across Turkey, the Middle East, Africa, Asia and CIS regions. Combining FICO’s decision automation, optimization […]
HydroX AI secures new funding for LLM safety and security innovation
HydroX AI, an artificial intelligence (AI) startup with the industry’s first comprehensive all-in-one large language model (LLM) safety and security platform, recently announced closing a USD 4 million angel round from Vitalbridge Capital, Atom Capital and noted AI expert, Qi Lu, EVP of Microsoft, former COO of Baidu. The funding will provide the means for HydroX AI […]
NASA, SpaceX launch final weather satellite for NOAA
NASA successfully launched the fourth and final satellite in a series of advanced weather satellites for NOAA (National Oceanic and Atmospheric Administration) at 5:26 p.m. EDT Tuesday. The GOES-U (Geostationary Operational Environmental Satellite) will benefit the nation by providing continuous coverage of weather and hazardous environmental conditions across much of the Western Hemisphere. The satellite launched […]
