Siemens to Invest $285 Million in New US Manufacturing Facilities
Siemens AG (ETR: SIE) announced plans to invest $285 million in US manufacturing operations, unveiling two new facilities for electrical
Read more
Technology
OpenAI Signs $11.9 Billion Deal with CoreWeave
OpenAI struck a five-year, $11.9 billion agreement with cloud provider CoreWeave, taking a direct $350 million equity stake and possibly
Read more
Waymo Expands Robotaxi Service to Silicon Valley Communities
Waymo announced Tuesday it will expand its autonomous ride-hailing service by an additional 27 square miles across the San Francisco
Read more
Texas Oilman Pitches To Buy 23andMe for $100 Million
Ryan Sitton—the former Texas Railroad Commissioner and founder of engineering firm Pinnacle—has made an unsolicited offer to acquire the beleaguered
Read more
TSMC’s $100B US Investment Tests Trump’s Vision Amid Taiwan Tensions
Taiwan’s TSMC has unveiled a new plan to invest an additional $100 billion in the US, following CEO C.C. Wei’s
Read more
Verses AI Sees G42 Convert US$10 Million Investment To Equity
Verses AI (CBOE: VERS) has improved its balance sheet while also securing a vote of confidence from one of its major shareholders. Group 42 Holdings has converted its outstanding debenture into units of the company.
Read more
Did Carlos Slim Just Tell Elon Musk to F Off?
Mexican billionaire Carlos Slim may have severed ties with Elon Musk’s Starlink, his company América Móvil reportedly announced, opting to
Read more
Nvidia Rides On AI Boom With 80% Jump In Net Income In Q4 2024
Nvidia (NASDAQ: NVDA) reported its Q4 and full-year 2024 financials, with quarterly revenue of $39.3 billion—a 78% leap from $22.1
Read more
Tesla European Sales Crash as Musk’s Political Activities Alienate Buyers
Tesla‘s (Nasdaq: TSLA) European sales plummeted 45% in January compared to the previous year, data showed, as CEO Elon Musk’s
Read more
Microsoft Data Center Pullback Sparks Wall Street Jitters Over AI Spending
Microsoft‘s (Nasdaq: MSFT) reported cancellation of data center leases has triggered investor anxiety about the sustainability of massive artificial intelligence
Read more