Washington Puts $1.9 Billion Behind a Restart of Iowa’s Only Nuclear Plant
Duane Arnold was supposed to be done. The 615-megawatt nuclear plant on the Cedar River in Iowa was shut down in 2020 after a powerful windstorm known as a derecho…
Uber Opens the Euro Bond Market for the First Time With a €4 Billion Deal
Uber has spent a decade borrowing almost entirely in dollars, funding its expansion the way it ran its business: fast and American. On Tuesday, the company did something it has…
Amazon Steps Into the Sterling Bond Market With a £4.25 Billion Debut
For years, Amazon financed its global build-out almost entirely in dollars. That changed on Tuesday, when the company tapped the London market for its first-ever sterling bond, joining a rush…
SoftBank Will Repay the Rest of Its $40 Billion OpenAI Bridge Loan Early
SoftBank Group has spent the year levering up one of the largest bets in its history, and on September 9 it laid out the next step in that chain: repaying…
Apple’s Foldable iPhone Arrives at a New CEO’s First Show
The invitation said “Surprise and Shine,” and for once the surprise was not much of a secret. Apple’s annual September event, held Tuesday at 1 p.m. Eastern, was expected to…
SpaceX Set to Gain Weight in Nasdaq 100 Rebalance
SpaceX’s stock has been trading in a narrow band, but the quiet is unlikely to last. When the Nasdaq 100 index completes its quarterly rebalance later this month, the rocket…
Cognition Raises $2 Billion as Coding Agents Go Mainstream
Scott Wu built his company on a simple claim: a software engineer that never stops. On September 8, Cognition AI said it had raised $2 billion in a Series E…
OpenAI Says an Internal Model Cracked a Millennium Prize Problem
The answer arrived about 88 hours after the first agents started running. OpenAI said on Tuesday that a swarm of roughly 10,000 coordinated AI agents had solved a version of…
Google Puts Its Largest European AI Bet on Finland
Ruth Porat chose a Helsinki stage for the number: at least 13 billion euros, or about 15.1 billion dollars, over the next two years. The chief investment officer of Google…
Nuclear Startup HGP in Talks to Go Public Through a SPAC at $1.2 Billion
The pitch is unlike anything the nuclear industry has marketed before: take reactors built for the Navy, retire them from military service, and put them to work powering the artificial…
