ARK Sells John Deere and Buys More Nvidia and Broadcom in a Single-Day Trade
Cathie Wood’s ARK Invest spent Monday buying the two most valuable companies in AI chips and selling one of the most recognizable names in farm equipment. The fund’s daily trading…
Intel Prices $20 Billion Stock Offering at $95 a Share
The pricing notice went out to investors late Tuesday morning: Intel Corp. would sell 210,526,315 shares of common stock at $95 apiece, pushing an offering announced a day earlier from…
Nvidia and Six Financial Giants Create $500 Billion AI-Compute Financing Platform
Nvidia on Tuesday said it has teamed up with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to create an independent platform that aims to raise more than $500 billion…
Anthropic, Bitcoin Miner Riot Strike $9.1 Billion AI-Compute Deal
Anthropic has agreed to a $9.1 billion deal with Riot Platforms, according to people familiar with the matter, the latest sign that AI labs are locking up computing capacity years…
OpenAI Buys Back $7 Billion of Employee Stock at $852 Billion Valuation
OpenAI has repurchased roughly $7 billion of company stock from current and former employees, according to two people familiar with the matter, a move that gives insiders a payday while…
Google Overtakes Naver in South Korea Search for the First Time
Google’s share of South Korea’s search market has overtaken local champion Naver for the first time, according to Aju Press, a first in a market long considered the toughest test…
Nanya Technology Joins ASML’s EUV Customer Roster, Signaling a Shift
Nanya Technology, the Taiwanese DRAM maker long known for mature process nodes, is set to become the newest customer for ASML’s EUV lithography systems, according to Bits&Chips, a purchase that…
Oracle Wins $568 Million Cloud Contract From Homeland Security
Oracle has won a $568 million cloud-services contract from the Department of Homeland Security, according to GovCon Wire, the company’s largest federal win in years and a sign that the…
Singapore Data-Center Operator DayOne Files Confidentially for $640 Million U.S. IPO
DayOne, the Singapore-based data-center operator, has confidentially filed with U.S. regulators for an initial public offering that could raise about $640 million, according to The Straits Times, the latest sign…
Anthropic Eases Biosafety Limits on Claude Fable 5
SAN FRANCISCO–A researcher trying to interpret a lab experiment on Claude, Anthropic’s AI assistant, would previously watch the model suddenly refuse the request or hand the task to a less…
