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Qatar attracts VC fund managers to Doha with its $1 billion ‘fund of funds’

The skyline of Doha, Qatar. Tim De Waele | Corbis | Getty Images The Qatar Investment Authority is leveraging its over-$500 billion in assets to attract venture capital firms to the hydrocarbon-rich state. The sovereign wealth fund’s $1-billion fund of funds program — which invests in both international and regional VC funds — is designed to bolster investments in areas …

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Nvidia’s auto segment revenue surges to record high on demand for driver-assist tech

Signage at the Nvidia Corp. offices in Taipei, Taiwan, on Tuesday, Jan. 28, 2025.  Photographer: An Rong Xu/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images U.S. chipmaker Nvidia‘s auto segment revenue more than doubled in the latest quarter to a record high on strong demand for driver-assist software. While the company’s biggest revenue stream by far is chip …

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Rolls-Royce jump 15% on profit beat, upbeat outlook

A model of an UltraFan on the Rolls-Royce Holdings Plc stand on day two of the Farnborough International Airshow in Farnborough, UK, on Tuesday, July 23, 2024. Bloomberg | Bloomberg | Getty Images British aerospace group Rolls-Royce on Thursday posted stronger-than-expected full-year earnings, upgraded its mid-term guidance and declared a £1 billion ($1.27 billion) share buyback. Rolls-Royce, which manufactures jet …

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