Business News

Perplexity AI: $9 Billion Valuation After Funding Round

The AI landscape is heating up, and a new player is making a serious splash. Perplexity AI, a relatively new company focusing on conversational AI, just secured a massive valuation of $9 billion after its latest funding round. This remarkable achievement underscores the rapid growth and intense competition within the generative AI sector, particularly in […]

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Business News

Bank of England Rate Cut: February Hike More Likely?

The Bank of England (BoE) is facing a tough call. Will it cut interest rates in February, as some had predicted, or will it hold steady, or even – gasp – *raise* them? Recent market activity suggests the latter is becoming increasingly likely. Bloomberg’s recent article highlights a growing skepticism amongst traders regarding a February […]

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Business News

Directline Assurance Fights to Remove Suspended Directors from CR12 Form

Directline Assurance is locked in a legal battle, demanding the removal of its suspended directors from the crucial CR12 form. This case underscores the complexities of corporate governance and regulatory compliance within Kenya’s business landscape. The insurer’s move highlights the significant implications of having suspended directors listed on official company documents. Understanding the CR12 Form […]

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