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…
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…
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…
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…
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…
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…
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…
Samsung and SK Hynix Test Chinese Chip Equipment, Testing Export Controls
SEOUL–The equipment that makes the world’s most advanced memory chips has been at the center of the United States’ campaign to slow China’s semiconductor industry, and Washington has spent years…
Inside DeepMind’s Turbulence Before Its CEO Departed
LONDON–The research lab that produced AlphaGo and the models behind Google’s Gemini has spent the past year navigating something it rarely experienced at its peak: internal strain. When Google announced…
BlackRock Takes Majority Stake in Meta’s El Paso Data Center
EL PASO, Texas–The data center rising in the desert outside El Paso has the scale of a small city: rows of buildings that will house tens of thousands of servers,…
