SpaceX in talks to borrow $40 billion to buy Nvidia chips for AI buildout
The debt financing would rank among the largest ever raised for AI infrastructure, with Pimco among investors reportedly examining the deal.
Bloomberg · +8 outlets
OpenAI in talks with UAE funds and BlackRock for $30 billion round
The reported raise extends a wave of mega-financings by AI developers including DeepSeek and Moonshot ahead of eventual listings.
Tech Funding News · +12 outlets
Ray Dalio warns AI is a classic bubble nearing its bursting point
The billionaire investor cites rising interest rates and investors' need to convert wealth into cash as pressures on the AI trade.
Bloomberg · +3 outlets
DeepSeek weighs doubling latest funding round to up to $15 billion
China's AI champions are raising billions before going public, with DeepSeek's round among the largest for a domestic model developer.
CNBC · +5 outlets
Google signs 20-year deal with Constellation to add nuclear power for data centers
The agreement to upgrade six US nuclear plant sites reflects tech companies' growing scramble for power to fuel AI data centers.
The Verge · +13 outlets
Intel to keep working with Elon Musk on Terafab chipmaking venture, CEO says
Intel CEO Lip-Bu Tan confirmed continued involvement in Musk's attempt to break into production of cutting-edge chips.
Bloomberg · +13 outlets
Temasek CIO flags AI reversal and inflation as top market risks for 2027
The Singapore state investor's chief investment officer warns a reversal in the AI trade or higher bond rates could end the equity runup.
Bloomberg
AMD CEO Lisa Su to meet Samsung chip head as memory crunch persists
The meeting between two key AI industry figures comes as memory supply constraints continue to weigh on chipmakers.
Bloomberg · +9 outlets
Hormel Foods to buy Brakebush Brothers for about $1.06 billion
The acquisition adds poultry processing capacity to Hormel's protein portfolio amid ongoing food industry consolidation.
WSJ · +14 outlets
French student unrest spreads nationwide as Le Pen vows fiscal turnaround
Protests across France are testing the government as the far-right presidential frontrunner campaigns on a fiscal reset.
Bloomberg.com · +1 outlets
Xbox secures GTA 6 streaming rights, CEO tells employees
Microsoft is preparing an unusual arrangement around the game's launch that no other platform holder is doing, according to sources.
The Verge · +14 outlets
US stocks rise as AI bets offset bond yield fears
Equity investors are leaning on AI growth expectations even as elevated bond yields pressure other asset classes.
WSJ · +14 outlets
Apple partners with LG on smart home lineup starting with lock, doorbell and thermostat
The LG-branded devices would integrate with Apple's home ecosystem, marking a deeper push into the smart home category.
The Verge · +13 outlets
KKR strikes deal to buy private-capital fund administrator Gen II
The purchase extends private equity firms' push into back-office services for their own industry.
WSJ · +14 outlets
Skydance credit rating downgraded by Fitch on debt after Paramount-Warner merger
The newly merged studio faces questions about its ability to repay borrowings taken on to close the Paramount and Warner Bros. Discovery combination.
Variety · +13 outlets
OpenAI reveals solutions to long-standing math problems from unreleased frontier model
The batch of 722 manuscripts, covering 372 result families, extends a run of claimed AI-driven mathematical breakthroughs.
The Verge · +14 outlets
Wall Street bonuses expected to hit another record high this year
A strong year for trading and dealmaking is set to lift payouts across the securities industry again.
WSJ
Prime Video and TV Academy sign six-year deal to make Emmys exclusive to streaming
The agreement gives Amazon's streamer the Primetime Emmys from 2027 to 2032, moving the ceremony off broadcast television.
The Hollywood Reporter