BlackRock’s $40B AI Infrastructure Push BlackRock’s Global Infrastructure Partners is closing in on a deal to acquire Aligned Data Centers, valuing the operator at roughly $40 billion. Aligned runs 78 data centers across 50 campuses in the U.S. and South
Why Schneider Matters in the AI Buildout Despite its name, Schneider Electric (EPA: SU) doesn’t generate power. Instead, it manages it — digitizing and electrifying systems so customers know exactly where energy is consumed and how to optimize it in
A Mega Deal in the Making Electronic Arts (EA), one of the world’s largest videogame publishers, is reportedly close to a deal to go private in a transaction valued at nearly $50 billion, according to the Wall Street Journal. The
Tesla’s European Decline Deepens Tesla’s troubles in Europe worsened in August as sales fell 22.5% year over year, according to data from the European Automobile Manufacturers’ Association (ACEA). The company registered just 14,831 vehicles across the region, even as total
xAI Rockets to $200B Elon Musk’s artificial intelligence startup xAI has raised $10 billion in fresh funding, giving the company a post-money valuation of $200 billion, according to reporting from CNBC’s David Faber. The raise marks a sharp leap from
Google Expands Gemini AI Access to Chrome Desktop Users Google is rolling out its Gemini AI assistant to all Chrome users on desktop in the U.S., broadening access beyond previous subscribers of Google AI Pro and Ultra. The move reflects
Amazon Extends Logistics Network to Rival Marketplaces Amazon is broadening the scope of its third-party logistics services, allowing merchants on Shein, Shopify, and Walmart to access its massive fulfillment infrastructure. The move, announced Thursday, marks a strategic expansion of Amazon’s
Nvidia Commits to Multi-Billion Dollar Capacity Agreement CoreWeave (CRWV) shares surged up to 8% after the cloud infrastructure firm disclosed a $6.3 billion order from Nvidia. The agreement stems from a 2023 arrangement under which Nvidia is obligated to purchase
Framework Deal Sets Stage for Ownership Shift A tentative agreement between the U.S. and China over the fate of TikTok may pave the way for U.S.-controlled ownership of the platform. Treasury Secretary Scott Bessent confirmed from U.S.-China talks in Madrid
A New Chapter in One of AI’s Biggest Alliances Microsoft (MSFT) and OpenAI have entered a non-binding agreement aimed at redefining their partnership terms, setting the stage for OpenAI to formally transition into a for-profit entity. The move marks a
BlackRock’s $40B AI Infrastructure Push BlackRock’s Global Infrastructure Partners is closing in on a deal
Why Schneider Matters in the AI Buildout Despite its name, Schneider Electric (EPA: SU) doesn’t
A Mega Deal in the Making Electronic Arts (EA), one of the world’s largest videogame
Tesla’s European Decline Deepens Tesla’s troubles in Europe worsened in August as sales fell 22.5%
xAI Rockets to $200B Elon Musk’s artificial intelligence startup xAI has raised $10 billion in
Google Expands Gemini AI Access to Chrome Desktop Users Google is rolling out its Gemini
Amazon Extends Logistics Network to Rival Marketplaces Amazon is broadening the scope of its third-party
Nvidia Commits to Multi-Billion Dollar Capacity Agreement CoreWeave (CRWV) shares surged up to 8% after
Framework Deal Sets Stage for Ownership Shift A tentative agreement between the U.S. and China
A New Chapter in One of AI’s Biggest Alliances Microsoft (MSFT) and OpenAI have entered
