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Technology

The Financial Shift: Big Tech's AI Infrastructure Spending Surge.

May 16, 2026 at 4:14 AM

Major technology firms are shifting from software developers to infrastructure operators as they engage in a historic capital spending surge to fund artificial intelligence, increasingly relying on debt markets to fuel this growth.

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Technology
Big Tech’s Massive $725 Billion AI Infrastructure Gamble Hits Corporate Cash Reserves
Image Source : schroders.com

Big Tech’s Massive $725 Billion AI Infrastructure Gamble Hits Corporate Cash Reserves.

May 8, 2026 at 4:18 AM
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Local News

HNB and DIMO Forge Strategic Alliance to Simplify Heavy Machinery Financing.

Hatton National Bank (HNB) has partnered with DIMO to offer specialized leasing solutions for globally recognized heavy machinery, aimed at supporting Sri Lanka’s construction and industrial sectors.

April 30, 2026 at 7:51 AM
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Technology
Market at a Crossroads: Big Tech Earnings and the AI Spending Dilemma
Image Source : businessinsider.com

Market at a Crossroads: Big Tech Earnings and the AI Spending Dilemma.

April 29, 2026 at 10:57 PM
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OPEC Fund Unveils $1.5 Billion Global Economic Resilience and Trade Initiative
Image Source : thehighstreetjournal.com
Economy•
April 29, 2026 at 8:12 PM

OPEC Fund Unveils $1.5 Billion Global Economic Resilience and Trade Initiative.

The OPEC Fund for International Development has introduced a $1.5 billion financing program, titled E-STAR, aimed at bolstering trade, economic stability, and resilience across its partner nations.

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Local News

WindForce Secures $18 Million IFC Funding for Sri Lanka’s Green Energy Expansion.

April 27, 2026 at 11:18 AM

WindForce PLC has partnered with the International Finance Corporation (IFC) to secure $18 million in financing to boost solar power and battery energy storage infrastructure in Sri Lanka.

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WindForce Secures $18 Million IFC Funding for Sri Lanka’s Green Energy Expansion
Image Credit : financesone.worldbank.org
Technology
Indian Home-Help Startup Pronto Secures $200M Valuation Amid Rapid Expansion

Indian Home-Help Startup Pronto Secures $200M Valuation Amid Rapid Expansion.

April 25, 2026 at 3:36 AM
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Local News
People’s Bank Commits Rs. 300 Million to Nuwara Eliya Post-Cyclone Housing Recovery
Image Source : magzter.com

People’s Bank Commits Rs. 300 Million to Nuwara Eliya Post-Cyclone Housing Recovery.

April 24, 2026 at 11:45 PM
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Technology
Tesla Ramps Up AI Spending to $25 Billion Amid Strategic Shift
Image Source : electrek.co

Tesla Ramps Up AI Spending to $25 Billion Amid Strategic Shift.

April 23, 2026 at 11:22 AM
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Blue Energy Secures $380 Million to Revolutionize Nuclear Reactor Construction via Shipyards
Technology•
April 21, 2026 at 10:06 AM

Blue Energy Secures $380 Million to Revolutionize Nuclear Reactor Construction via Shipyards.

Startup Blue Energy has raised $380 million to build grid-scale nuclear power plants in shipyards, applying modular construction methods to significantly reduce costs and timelines.

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Local News

Japan Grants USD 2.6 Million to Boost Climate Resilience and Gender Equality in Sri Lanka.

April 21, 2026 at 6:51 AM

The Japanese government has pledged USD 2.6 million to fund two UNDP-led projects in Sri Lanka focusing on climate-smart dairy farming and the empowerment of women in landmine clearance operations.

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Japan Grants USD 2.6 Million to Boost Climate Resilience and Gender Equality in Sri Lanka
Image Credit : undp.org
Technology

Recursive Secures Massive $500 Million Funding to Pioneer Self-Learning AI.

AI startup Recursive, founded by former DeepMind and OpenAI engineers, has secured $500 million in a high-profile funding round backed by Google's venture arm and Nvidia, pushing its valuation to $4 billion.

April 17, 2026 at 10:00 PM
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Business
Investment Caution: Apollo President Questions Long-Term Returns on Massive AI Spending
Image Source : stockanalysis.com

Investment Caution: Apollo President Questions Long-Term Returns on Massive AI Spending.

April 17, 2026 at 5:39 AM
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Technology
Factory Reaches $1.5B Valuation to Advance Enterprise AI Coding Agents

Factory Reaches $1.5B Valuation to Advance Enterprise AI Coding Agents.

April 16, 2026 at 11:03 PM
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Fintech Startup Slash Achieves $1.4 Billion Valuation in Latest Funding Surge
Technology•
April 16, 2026 at 7:24 PM

Fintech Startup Slash Achieves $1.4 Billion Valuation in Latest Funding Surge.

Slash Financial, a business banking platform founded by young entrepreneurs, has secured $100 million in Series C funding, reaching a $1.4 billion valuation.

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Technology

Gamified Learning Startup Gizmo Secures $22M Series A to Combat Declining Academic Focus.

April 15, 2026 at 7:27 PM

AI-powered study platform Gizmo has raised $22 million in Series A funding following a massive surge to 13 million users, aiming to use gamification to tackle declining student engagement.

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Gamified Learning Startup Gizmo Secures $22M Series A to Combat Declining Academic Focus
Technology
NASA's Multi-Billion Dollar Artemis Ambitions Under Scrutiny
Image Source : planetary.org

NASA's Multi-Billion Dollar Artemis Ambitions Under Scrutiny.

April 10, 2026 at 4:44 PM
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Local News
Corporate Initiative Aids Over 1,300 Flood-Affected Students in Sri Lanka
Image Source : lankatalks.com

Corporate Initiative Aids Over 1,300 Flood-Affected Students in Sri Lanka.

April 9, 2026 at 11:56 PM
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Technology

OpenBuilder Secures $2.2 Million to Disrupt 'Vibe Coding' Pricing Models.

Y Combinator-backed startup OpenBuilder has raised $2.2 million in seed funding to challenge current 'vibe coding' platforms by introducing fixed-subscription pricing and human-in-the-loop developer support.

April 9, 2026 at 9:07 AM
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Defense Tech Firm Hermeus Hits $1 Billion Valuation After Massive $350 Million Funding Round
Technology•
April 7, 2026 at 12:36 PM

Defense Tech Firm Hermeus Hits $1 Billion Valuation After Massive $350 Million Funding Round.

Hermeus, a defense startup focused on autonomous hypersonic aircraft, has secured $350 million in new funding, pushing its valuation to $1 billion to accelerate hardware development and engine testing.

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