Saudi Fund Weighs Folding EA Into Its Games Unit
The Saudi sovereign fund bought Electronic Arts outright last month. Now it is weighing whether to fold the publisher into the games company it already owns. Saudi Arabia’s Public Investment…
Nasdaq Takes $100 Million Stake in Kraken’s Parent
The stock exchange and the crypto exchange are no longer just neighbors in the same sentence. Nasdaq said on Thursday that its venture arm will invest $100 million in Payward,…
Pentagon in Talks on $5 Billion Loan to AI Cloud Firm Fluidstack
The loan would come not from a bank but from an office inside the Defense Department that most of Wall Street has never heard of. The Pentagon is negotiating a…
Oracle’s Cloud Revenue Doubles as Its Balance Sheet Strains
The numbers that landed after Thursday’s close told two stories at once. Oracle reported first-quarter cloud infrastructure revenue that more than doubled from a year earlier, to $7.4 billion, while…
SpaceX Says Starship-Launched Satellites Will Start Paying Off This Month
The chief financial officer put a date on it. Bret Johnsen, SpaceX’s CFO, said Thursday that the company expects the first upgraded Starlink satellites launched aboard Starship to begin generating…
OpenAI Opens the Codex Tooling Behind Its Agents
The developer platform changed hands this week. OpenAI said it is moving its Agents API into public beta, opening to any developer the agent framework and infrastructure that previously ran…
SuperX Reports Buyback Progress as It Defends Its Share Price
The disclosure landed Thursday evening and read like a company talking its own stock up. SuperX AI Technology, the Singapore-based AI infrastructure provider that trades on Nasdaq under the ticker…
Harvey Raises $550 Million at a $15.5 Billion Valuation
A lawyer at a major firm drafts a contract clause, and a piece of software rewrites it in seconds. Another sifts a mountain of documents for the one passage that…
Justice Department Extends Review of Fox’s $22 Billion Roku Deal
Roku began as a way to put Netflix on a box next to the television, and it grew into a platform that sits between millions of Americans and whatever they…
Analog Devices Buys Edge-AI Chip Maker Alif for $1.35 Billion
The next generation of sensors will not just measure the world; they will think about it on the spot. A microphone that recognizes a command, a camera that counts people,…
