Approaching the End of a $3.5 Billion Investment

The artificial intelligence company Anthropic is nearing the end of a $3.5 billion investment round. Following the funding round, the company’s value will rise to $61.5 billion with backing from Google and Amazon. Anthropic, a leading artificial intelligence initiative, is close to concluding its new funding round, aiming to secure $3.5 billion from investors. This […]

Stock market facing headwinds

While a gold rush is taking place in the markets, things aren’t going well in the stock market. Monthly losses in Borsa Istanbul have exceeded 5%. Two-thirds of companies have caused losses to their investors in the past two years. The stock market in Istanbul continues to have a volatile outlook. Factors such as the […]

8,500 New Jobs Created for Green Homeland

A plan to establish a new team of 8,500 people to protect the Green Homeland has been announced by the Minister of Agriculture and Forestry, Ibrahim Yumaklı. Minister Ibrahim Yumaklı stated that efforts are ongoing to create a stronger defense line against forest fires. Attending the “Forests in the Process of Climate Change Workshop” organized […]

EPDK Chairman Yılmaz: Why should the state subsidize the electricity of those living in mansions

Mustafa Yılmaz, the Chairman of EPDK, stated that there was no increase in electricity bills, saying, “Why should the state subsidize the energy of those living in villas and mansions.” Mustafa Yılmaz, the Chairman of the Energy Market Regulatory Authority (EPDK), made evaluations regarding the energy agenda. Speaking about the new period in electricity bills, […]

Discount Campaign at Local Markets in Istanbul

In Istanbul, markets will be keeping prices steady during the month of Ramadan. PERDER member markets will also be applying discounts of up to 25% on some products. Local markets in Istanbul have decided to keep prices steady throughout the month of Ramadan. The announcement was made by Faruk Güzeldere, Chairman of the Istanbul Food […]

New Era in Water Bills

There will be a change in the pricing system of water bills. The cost for water and waste services will increase as consumption rises. The new system will be implemented on December 31, 2026. News: Şevval Yiğit Following changes in electricity bills, there will also be a change in water bills. The bill will increase […]

Minister Şimşek Forecasts Rapid Improvement in Inflation Expectations

Minister of Treasury and Finance Mehmet Şimşek stated that the market expectation is in line with the inflation target. Şimşek said, “We anticipate a rapid improvement in inflation expectations.” Evaluating sectoral inflation expectations, Minister Şimşek used the following expressions in a post on his social media account: “What matters in pricing behavior is the inflation […]

Transfer of the flag in the skies by the eyes of the Gendarmerie

The J11 numbered aircraft of Turkey’s first UCAV, Bayraktar TB2, has completed its flight time of 1 million hours in the sky. The UCAV which completed its mission period will now be used as a training and test aircraft within Baykar. The J11 numbered aircraft, included in the fleet of Bayraktar TB2 as Turkey’s first […]

Huawei Enhancing Artificial Intelligence Chip Production

Technology company Huawei has focused on chip production as part of China’s technology goals. The company has doubled its artificial intelligence chip production compared to last year. Huawei is enhancing its artificial intelligence chip production within China’s technology objectives. It has been reported that the company has significantly increased the quantity of advanced artificial intelligence […]