SpaceX in Talks to Borrow $40 Billion for Nvidia AI Chips
SpaceX is discussing $40 billion in financing for Nvidia chips, with Apollo expected to lead the deal as its AI spending accelerates.
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Lambda Targets $14.5 Billion Valuation in $4 Billion Pre-IPO Funding Round
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Marvell Stock Rallies as AI Demand Lifts 2028 Revenue Target to $20 Billion
Marvell’s MRVL shares rallied as the chipmaker targeted $20 billion in fiscal 2028 revenue and $70–90 billion by fiscal 2031 on growing AI demand.
Meta’s Muse Fuels AMD’s Rally as Personal AI Agents Drive CPU Demand
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Meta’s Muse is sharpening investor interest in AMD as personal AI agents create demand for server CPUs alongside the GPUs powering their models.
DeepSeek Nears $12 Billion Raise With Tencent and CATL Backing
By
David Sinclair
• 4 mins read
DeepSeek is nearing at least $12 billion in funding backed by Tencent and CATL, after targeting a valuation of roughly $75 billion ahead of a planned IPO.
Akamai Stock Surges After Landing $11.6 Billion Anthropic AI Cloud Deal
By
Daniel Wright
• 4 mins read
Akamai shares surged after Anthropic committed $11.6 billion to the company’s cloud infrastructure over seven years, transforming the scale of its AI computing business.
SoftBank Launches $11 Billion Bond Sale to Finance Its OpenAI Investment
By
Emma Clarke
• 4 mins read
SoftBank has launched an approximately $11 billion bond sale to finance its latest investment in OpenAI, underscoring the enormous capital requirements behind the global artificial intelligence boom.
OpenAI Forecasts $278 Billion Cash Burn Through 2030 as AI Infrastructure Costs Soar
By
Emma Clarke
• 4 mins read
OpenAI expects to generate $278 billion in negative free cash flow through 2030 as spending on computing power and AI infrastructure approaches $856 billion despite rapid revenue growth.
Oracle Workers Lost System Access Hours Before Receiving Layoff Emails
By
Emma Clarke
• 1 min read
Oracle employees reportedly lost system, Slack and office access before receiving early-morning layoff emails as the company begins another round of job cuts.
SK Hynix in Talks with Intel on U.S. Memory Chip Production
By
Daniel Wright
• 4 mins read
SK Hynix is reportedly exploring U.S. memory manufacturing with Intel, including a possible Ohio lease or joint venture. The talks remain preliminary, with no agreement announced.
Mistral AI Raises €3 Billion as Valuation Nearly Doubles to €21 Billion
By
Emma Clarke
• 1 min read
Mistral AI raised €3 billion at a valuation above €21 billion, nearly doubling its value as the European AI developer accelerates global expansion.
Anthropic Walks Away From $6 Billion Acquisition of AI Startup Decart
By
Michael Foster
• 3 mins read
Anthropic has reportedly abandoned plans to acquire AI startup Decart for about $6 billion after completing due diligence, although the reason behind its decision remains unclear.
Nvidia’s Equity Investments Soar to $99 Billion as AI Empire Expands
By
Michael Foster
• 3 mins read
Nvidia has amassed $99 billion in equity investments, transforming the world’s largest chipmaker into one of technology’s biggest strategic investors as it finances companies across the AI ecosystem.
Nvidia to Acquire Hugging Face for $12.9 Billion in Major Open AI Bet
By
Michael Foster
• 4 mins read
Nvidia has agreed to acquire Hugging Face for $12.9 billion, giving the chip giant control of one of the world’s most important platforms for open AI models, datasets and applications.
GoPro Stock Surges 37% After $285 Million Merger Deal
By
Michael Foster
• 3 mins read
GoPro shares surged 37% after the action-camera maker announced a $285 million merger that will recapitalize the company and expand its business into AI data centers and defense technology.