xAI’s Blockbuster Raise Signals Another Step in the AI Funding Arms Race Elon Musk’s artificial intelligence startup xAI is on track to close a $15 billion funding round next month at a $230 billion pre-money valuation, according to people familiar
Burry Goes Public With His AI Skepticism Michael Burry — best known for predicting the 2008 housing crash — has launched a new Substack newsletter called Cassandra Unchained, priced at $379 per year. The move follows his decision to deregister
U.S. Government Activates Golden-Share Oversight of U.S. Steel The U.S. government has formally appointed two Department of Commerce officials to oversee U.S. Steel under the golden share agreement created during Japan’s Nippon Steel acquisition, according to a newly posted Federal
Amazon Drops a $50 Billion AI Bombshell for the U.S. Government Amazon is making one of the largest public-sector technology bets in history, announcing plans to invest up to $50 billion to expand AI and supercomputing capacity across its secure
Paramount, Comcast, Netflix Submit First-Round Bids for Warner Bros. Discovery The race to acquire Warner Bros. Discovery (WBD) has officially begun. Paramount Skydance, Comcast’s NBCUniversal, and Netflix submitted formal offers this week ahead of the first bid deadline, according to
Eli Lilly Becomes the First Health-Care Company to Hit $1 Trillion Eli Lilly has officially joined one of the most exclusive clubs in global markets, becoming the first health-care company in history to reach a $1 trillion valuation. Shares briefly
Nvidia Pushes Back on AI Bubble Talk Nvidia (NVDA) came out swinging during its Q3 earnings call, directly confronting rising fears that the AI boom is overheating — and that GPU demand is being artificially inflated by circular investment deals.
A Massive Pipeline Surge Is Underway Across the US South The US South is entering the largest natural-gas pipeline boom in nearly two decades as developers race to build systems feeding a new generation of LNG export terminals along the
Nvidia’s AI Deal Machine Hits $24 Billion — and Raises Questions Nvidia is accelerating its dealmaking at a breakneck pace, adding another multibillion-dollar partnership this week with Microsoft and Anthropic. The new agreement includes up to $10 billion in Nvidia
MP Materials Jumps on New Strategic Refining Deal MP Materials shares climbed nearly 9% on Wednesday after announcing a binding joint venture with the U.S. Department of Defense and Saudi mining giant Maaden to build a major rare earth refinery
xAI’s Blockbuster Raise Signals Another Step in the AI Funding Arms Race Elon Musk’s artificial
Burry Goes Public With His AI Skepticism Michael Burry — best known for predicting the
U.S. Government Activates Golden-Share Oversight of U.S. Steel The U.S. government has formally appointed two
Amazon Drops a $50 Billion AI Bombshell for the U.S. Government Amazon is making one
Paramount, Comcast, Netflix Submit First-Round Bids for Warner Bros. Discovery The race to acquire Warner
Eli Lilly Becomes the First Health-Care Company to Hit $1 Trillion Eli Lilly has officially
Nvidia Pushes Back on AI Bubble Talk Nvidia (NVDA) came out swinging during its Q3
A Massive Pipeline Surge Is Underway Across the US South The US South is entering
Nvidia’s AI Deal Machine Hits $24 Billion — and Raises Questions Nvidia is accelerating its
MP Materials Jumps on New Strategic Refining Deal MP Materials shares climbed nearly 9% on
