Broadcom’s AI Ambitions Echo Nvidia’s Historic Rise

SoftBank's energy subsidiary SB Energy offered OpenAI warrants worth an estimated $5.5 billion to secure it as a data center tenant, according to draft IPO documents. The deal...

Blue Owl Capital led a $2.4 billion debt package for Iren Ltd. to purchase Nvidia Blackwell Ultra GPUs for its Mackenzie data center campus in British Columbia. The...

Nvidia CFO Colette Kress intervened to reduce Nvidia's financial commitment to OpenAI's $500B+ data center project after investor backlash — agreeing to backstop less than half the originally...

SoftBank is arranging a $10 billion, 2-year loan led by Mizuho Bank to help refinance the bridge financing it used for its massive OpenAI investment. The company is...

Meta settled the landmark 29-state teen addiction case for up to $18 billion, agreeing to time limits and safety lock-ins on Instagram and Facebook — but only for...

Anthropic is expected to tell investors its potential revenue opportunity exceeds $30 trillion, surpassing SpaceX's record-breaking $28.5 trillion estimate. The figure reflects Anthropic's view of AI's total addressable...

Chris Malone, OpenAI's head of data centers who oversaw the company's Stargate buildout, left last week — joining a growing wave of senior departures as OpenAI prepares for...

Nearly four years into an AI boom that has generated hundreds of billions in profit, Nvidia is increasingly using its financial strength to provide financing to customers buying...

Alibaba sold 710 million shares in a HK$80 billion ($10.2 billion) follow-on offering — Hong Kong's largest since 2021 — despite an 8.5% stock drop on the day,...

Amazon's Zoox has become the first company to offer paid robotaxi rides in a vehicle with no steering wheel, dashboard, or pedals — a bidirectional all-electric pod seating...