Economy

Musk's Space Ventures
Sources: Heavy Investors Shun Anysphere Round

Before the potential $60 billion deal between SpaceX and Anysphere became known, the AI ​​company tried to raise billions in a capital round. At that time, the company was turned down by several experienced tech investors, sources tell The Information.

According to the site, venture capital firm Iconiq and other investors who recently invested billions in OpenAI and Anthropic declined to participate at a valuation of $50 billion. Doubts about whether Anysphere's AI tool Cursor can compete with rivals like Anthropic's Claude Code are one of the reasons.

– There is so much concern about Anthropic right now among investors, says a fund manager who recently 

Middle East crisis  Economic effects
SAS: Fuel alarm exaggerated – summer travel not in danger

The energy agency IEA warns that Europe risks running out of jet fuel within six weeks. But SAS believes that this picture is incorrect, writes DI.

Alexandra Lindgren Kaoukji, head of communications at SAS, believes that the summer is not in danger as the situation looks now and points a boot at the alarms that she believes are creating unnecessary concern among customers.

– We have enough fuel at the stations we fly to and fly to them as planned, she says.
 

AB Volvo's future
Volvo grows in North America: "Is probably the beginning of the journey"

Truck giant AB Volvo is growing in the prioritized North American market. In the first quarter, Volvo and its subsidiary Mack each had market shares of 8.5 percent – ​​up from 7.2 and 6.9 percent a year ago, respectively. The long-term goal is to jointly control 25 percent of the market.

CEO Martin Lundstedt tells EFN in a comment on Friday's quarterly report that he believes the development can continue.

– This is probably the beginning of the journey, especially on the Mack side.

met Anysphere's management.

The flood of reports
Volvo's order intake strengthens – raises the forecast

Volvo's sales and operating profit are coming in slightly worse than expected and decreased by 9 and 20 percent respectively in the interim year. This is evident from this morning's fresh report.

The adjusted EBIT result, however, increased by nearly 4.7 percent.

At the same time, the truck giant smashes the order intake by 62,755 new trucks, compared to the expected 57,600. This corresponded to an increase of 14 percent.

"We have adjusted our truck market forecasts for Europe and Brazil slightly, while we are keeping the North American forecast unchanged," CEO Martin Lundstedt states in the report.