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Technology

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$63B AI Bet: Broadcom at Capital Cycle's Core
A coalition of major banks and Blackstone have assembled a $63 billion financing vehicle to buy AI computing infrastructure from Broadcom (AVGO) and lease it to Anthropic, marking one of the largest structured-finance deals ever tied to artificial intelligence. The transaction...
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AI Overhaul Spurs Microsoft Workforce Cut
Microsoft (MSFT) extended voluntary buyout offers to roughly 60,000 employees across four countries on...
TikTok AI Surge Secures Oracle's Cloud Role
TikTok USDS Joint Venture is scouting multiple gigawatts of U.S. computing capacity by the early 2030s, sources told CNBC on Friday, a move that solidifies...
SpaceX Eyes 80k Cell Towers for Wireless Leap
Nokia's Q3 Lifts Telecom Gear Prospects
Fortnite Returns to Apple in Aussie Court Win
Waymo's $5B Debt Fuels Robotaxi Growth
AI Spurs Chip Sector Comeback After Knockdown
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Tesla Wins Dismissal of FSD Class Action in California
1 week ago
A US appeals court on Friday blocked California Tesla (TSLA.O) customers from pursuing class action suits over full self-driving claims, removing a significant litigation overhang...
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AI-Era Security Boost: $6.3B Varonis Acquisition
1 week ago
Proofpoint agreed to acquire Varonis Systems (VRNS) for $49.75 per share in cash, a 52% premium to pre-rumor levels, creating one of the largest pure-play cybersecurity platforms...
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ByteDance Seeks MediaTek Chips Amid US Curbs
1 week ago
ByteDance is close to securing a chip supply agreement with Taiwan’s MediaTek for data-centre hardware, a deal that could reshape how China’s largest app developer...
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AI Demand Fuels TSMC's Profit Leap
1 week ago
Taiwan Semiconductor Manufacturing Co (TSM) extended its record-profit streak to six consecutive quarters on Thursday, posting a 68.7% year-on-year net income surge that beat analyst...
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Amazon's Strategic $7B AI Expansion with Decart
1 week ago
Amazon (AMZN) is in advanced talks to acquire AI software startup Decart for roughly $7 billion, a deal that would sharpen the e-commerce giant’s edge in the intensifying...
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