Startup Funding

Blackstone Said to Weigh $5 Billion-Plus Sale of Beacon Offshore

Blackstone Inc. is in the early stages of weighing a sale of Beacon Offshore Energy, a Gulf of Mexico driller it’s owned for about a decade that could fetch more than $5 billion, according to people familiar with the matter.

Industry Trends

Tech Execs at Davos Highlight AI’s Power as a Geopolitical Tool

Anthropic’s Chief Executive Officer Dario Amodei compared artificial intelligence chips to nuclear weapons. Google DeepMind’s CEO said China’s technology is just months behind the US. Signal’s Meredith Whittaker called new adaptations of AI uniquely “perilous.”

Industry Trends

ReNew’s Sumant Sinha explains why 2026 could be a breakout year for India’s renewable energy sector

India’s rapid rise as a global solar powerhouse, combined with accelerating electrification and new growth areas such as green hydrogen and data centres, could mark a turning point for the country’s clean energy ambitions. ReNew Chairman and CEO Sumant Sinha says these structural shifts may position India as a major renewable energy hub as early as 2026, even as global energy markets remain fragmented by geopolitics.

Industry Trends

Warner Bros. Forecasts Declining Sales, Profit for Cable Unit

Warner Bros. Discovery Inc. is projecting declining revenue and profit over the next five years for its cable networks, which the company plans to spin off before selling the streaming and studios business to Netflix Inc.