Metropolis, the LA-based parking technology provider, secured $1.6 billion in financing—including a $500 million Series D led by LionTree, valuing the company at $5 billion—to accelerate its infrastru...
General Dynamics NASSCO secures $1.7 billion to build two John Lewis-class Navy oilers, bolstering San Diego jobs and fleet readiness. General Dynamics Corporation (NYSE:GD) NASSCO, a major U.S. defen...
Japan’s SoftBank says it has sold its shares in Nvidia for $5.8 billion, turning its focus to OpenAI
TOKYO (AP) — Japanese technology giant SoftBank said Tuesday it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments. TOKYO (AP) — Japanese technology giant SoftBank said ...
OpenAI partners with Amazon Web Services in a $38B deal to boost ChatGPT’s power using AWS’s advanced Nvidia GPU infrastructure for next-gen AI. ChatGPT maker OpenAI has forged a new partn...
In a monumental move that reshapes the artificial intelligence landscape, Amazon Web Services (AWS) announced Monday a seven-year, $38 billion strategic alliance with OpenAI, the creator of ChatGPT. T...
The trend, concentrated in mega-cap technology companies like Nvidia, Microsoft and Apple, signals a new kind of market instability driven by scale, speculation and interconnected trading systems. The...
Meta Platforms Inc. aims to sell at least $25 billion of investment-grade bonds on Thursday, according to people familiar with the matter, borrowing money as technology companies invest heavily in inf...
The Silicon Valley company projected more spending this year and said it would continue in 2026 as it hires A.I. researchers and builds data centers to power the technology. In its quest to win Silico...
A Davis County general contracting company once facing charges of human trafficking is now suing Utah’s former attorney general and his team alleging “government corruption.” A Davis...
In a move shaking up the data management and AI sectors, Veeam Software has inked an agreement to acquire Securiti AI — a data privacy management innovator — in a transaction valued at roughly $1.7 bi...
