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investmentexecutive.comA Hollywood producer reported holding SpaceX shares purchased about ten years ago. The same investor disclosed earlier positions in several technology companies.
pymnts.comSaudi Arabia's PIF and UAE entities have placed billions into U.S. AI companies. The investments coincide with planned public listings for SpaceX, Anthropic and OpenAI.
hackaday.comThe company stated it spent its entire annual AI allocation during a single quarter. Officials attributed the faster pace to higher code output from developers in India.
insidermonkey.comRunway will establish its European headquarters in London and commit more than $200 million to the U.K. AI sector by the end of 2028. The move follows similar announcements by other U.S. AI firms seeking talent and customers in the city.
Forbes reported that artificial-intelligence companies now dominate its annual Midas List of top venture investors. The shift reflects larger funding rounds and higher valuations tied to AI technology.
ForbesJohn Doerr said artificial intelligence represents the largest innovation wave he has seen in four decades of investing. He told The Wall Street Journal that half of Americans already use generative AI tools three years after ChatGPT launched.
businesstoday.inBank of America analysts stated that artificial intelligence could raise global productivity growth by up to one percentage point over the next decade. The bank placed current measured gains at 0.1 percent per year and noted that only 23 percent of AI-transformable tasks are cost…
theweek.comBank of America economists said AI could raise global productivity growth by one percentage point over the next decade. The bank noted current measured gains are only 0.1 percent annually. Other analysts cited in the report offered smaller estimates.
rte.ieKombeara, the alcoholic kombucha venture founded by Feargal Harrington and Rena Maycock, entered liquidation last week. Maycock’s separate technology company, Chirp Family, received new investment from Ronan Dunne.
pravdareport.comOil prices would need to reach $150 per barrel to affect AI-related investment patterns. A combination of $130 oil and 5.5 percent long-term Treasury yields could produce similar effects.
pymnts.comDeutsche Bank analysts joined a podcast to examine how different regions are investing in and developing artificial intelligence technology. The discussion focused on capital allocation patterns across geographic areas.
freepressjournal.inResidents in multiple U.S. communities voted against or delayed large data center projects last year. At least 48 projects representing $156 billion in planned investment faced blocks or delays.
BloombergNvidia shares advanced on Thursday continuing gains that have added 20 percent over the past seven days. Investors continued to buy shares of the company amid increased spending on artificial intelligence projects. The stock movement reflects broader market interest in companies…
Abc NewsSoftBank Group Corp. reported an annual profit of 5 trillion yen for the fiscal year through March, up from 1.15 trillion yen the previous year. The increase was driven by gains from its investments in artificial intelligence companies. Revenue rose nearly 8 percent to 7.8 trilli…
Substrate placeholder — needs reviewThe government on Wednesday proposed three strategies to make South Korea the global leader in shipbuilding. The plan includes investments totaling over 2 trillion won in new technologies, an AI-powered shipyard and autonomous vessels. Officials cited growing global demand for ma…
ForbesThe Hershey Company outlined its strategy at the 2026 Investor Day, naming supply chain excellence as one of three core pillars. New CEO Kirk Tanner highlighted precision demand fulfillment as a competitive advantage while the company navigates cocoa prices that remain nearly 170…
Jensen Huang delivered the commencement address to Carnegie Mellon University’s class of 2026, urging electricians, plumbers and builders to seize the AI-driven industrial era. Capital expenditure from the largest U.S. tech firms could reach $700 billion this year while global da…
BenzingaUber Technologies Inc. will allocate $7.5 billion to build a fleet of more than 100,000 vehicles from multiple manufacturers using NVIDIA DRIVE technology and $2.5 billion to take equity stakes in Robotaxi operators. CEO Dara Khosrowshahi called the self-driving sector a trillion…
news.mit.eduBillionaire Nvidia board member and USC alumnus Mark Stevens and his wife Mary are donating $200 million for a universitywide artificial intelligence initiative. The gift, one of the largest in the school's 146-year history, will rename the School of Advanced Computing after the…
flipboard.comCourt documents from the Musk v. Altman trial detail early discussions between Microsoft and OpenAI. Executives weighed the costs of providing compute resources against potential benefits and risks of OpenAI partnering with Amazon. Microsoft announced a $1 billion investment in O…
quantumcomputingreport.comKembara, a technology growth fund backed by the EU, announced its first investment in a British startup that builds quantum computers. The deal marks the initial deployment of capital from the fund, which was established to support technology companies. The startup will use the f…
inc42.comDoorDash reported first-quarter revenue of $4.04 billion, up 33% from a year earlier, and provided upbeat guidance on order growth that exceeded analyst forecasts. The company is investing heavily in technology and global expansion following multiple acquisitions while launching…
New York PostGlobal military expenditure reached $2.89 trillion in 2025, marking an 11th straight year of increases despite a U.S. decline linked to halted Ukraine aid. The rise, equivalent to 2.5% of global GDP, reflects growing insecurity and rearmament efforts. Asia-Pacific spending grew a…
electrek.coTesla disclosed an agreement to acquire an unnamed AI hardware company for up to $2 billion in common stock and equity awards. Approximately $1.8 billion of the deal depends on service conditions and performance milestones. The disclosure appeared in Tesla's Q1 2026 10-Q filing b…
leftfootforward.orgFormer UK Prime Minister Rishi Sunak stated that artificial intelligence is reducing job opportunities for young people in sectors like law and accountancy. He suggested abolishing National Insurance and shifting taxes to corporate profits boosted by AI efficiencies. Sunak, an ad…