Oracle will reportedly power a giant data center with gas generators
Anna Washenko / engadget - Bloomberg has published a deep dive into operations at Oracle, chronicling the software giant's rise in cloud computing and current push into powering artificial intelligence projects. The publication reported that Oracle has promised to develop tens of b…
Back to Top / Wednesday, August 20, 2025, 8:20 pm / permalink 12764 / 3 stories in 6 months
White House confirms talks to acquire 10% stake in Intel — 'We should get an equity stake for our money'
tomshardware - The U.S. wants to get 10% of Intel in exchange for the billions of dollars it’s giving it under the CHIPS Act.
Back to Top / Wednesday, August 20, 2025, 8:21 am / permalink 12700 / 9 stories in 6 months
Hades Mining emerges from stealth with €5.5M Pre-Seed funding
Cate Lawrence / tech - Munich-based deeptech mining company Hades Mining has emerged from stealth and announced today that it has raised a €5.5 million pre-seed round led by Project A. Europe's energy and critical mineral d...
Back to Top / Wednesday, August 20, 2025, 4:20 am / permalink 12689 / 4 stories in 6 months
Intel will receive a $2 billion lifeline from SoftBank
Emma Roth / theverge - SoftBank will invest $2 billion into Intel as the struggling chipmaker pulls back on spending and lays off thousands of workers. In an announcement, SoftBank CEO Masayoshi Son said the investment aligns with the firm’s belief that “advanced semiconductor …
Back to Top / Tuesday, August 19, 2025, 8:21 am / permalink 12597 / 6 stories in 6 months
SoftBank invests $2B in Intel shares amid chipmaker rally
SoftBank has committed to a $2 billion investment in Intel at $23 per share—a bold move signaling confidence in the struggling chip giant’s recovery while still clinging to its majority stake in Arm. The decision, clearly not made on a whim, leaves market watchers half-impressed and half-skeptical.
Back to Top / Monday, August 18, 2025, 8:20 pm / permalink 12574 / 9 stories in 6 months
IVIX Secures $60M to Boost Financial Crime Detection
IVIX, an AI-powered platform aimed at curbing financial fraud and money laundering, has raised $60 million in Series B funding. This capital injection will drive further development of its analytical capabilities, reinforcing investor confidence in AI-driven security solutions.
Back to Top / Monday, August 18, 2025, 6:20 pm / permalink 12565 / 1 stories in 6 months
Norrsken Evolve launches €57M fund to back "impact tech"
Lucy Adams / tech - Norrsken Foundation has launched Norrsken Evolve, a new €57 million pre-seed fund aimed at backing startups working "at the intersection of impact, resilience, and scalability". The fund will target e...
Back to Top / Monday, August 18, 2025, 7:20 am / permalink 12505 / 2 stories in 6 months
US Government May Buy a Stake in Intel
Hartley Charlton / macrumors - The Trump administration is in preliminary discussions to acquire an equity stake in former Apple chip supplier Intel, a move aimed at accelerating the company's delayed manufacturing expansion in Ohio (via Bloomberg).The proposal reportedly emerged follo…
Back to Top / Friday, August 15, 2025, 8:21 am / permalink 12395 / 7 stories in 6 months
Buffett Berkshire Boosts UnitedHealth Stake Amid Strategic Moves
In a notable portfolio maneuver, Warren Buffett’s Berkshire Hathaway has increased its stake in UnitedHealth Group while offloading significant positions in Apple and T‑Mobile. The move, amid mounting speculation, marks a precise recalibration of one of the world’s most-watched investment conglomerates.
Back to Top / Thursday, August 14, 2025, 9:20 pm / permalink 12379 / 0 stories in 6 months
AI coding assistant startup Cognition reportedly raises nearly $500M on $9.8B valuation
Duncan Riley / siliconangle - Artificial intelligence coding assistant startup Cognition AI Inc. has reportedly raised nearly $500 million in funding on a $9.8 billion valuation, a month after it entered an agreement to acquire Windsurf Inc. While the company hasn’t as yet confirmed t…
Back to Top / Thursday, August 14, 2025, 7:20 pm / permalink 12370 / 2 stories in 6 months
The U.S. Is Discussing Taking a Stake in Intel
Robbie Whelan / wsj - The deal talks follow President Trump’s public call for the replacement of CEO Lip-Bu Tan over his ties to Chinese businesses.
Back to Top / Thursday, August 14, 2025, 4:20 pm / permalink 12358 / 11 stories in 6 months
xAI co-founder departs to launch new investment firm
xAI sees its co-founder Babuschkin exit the company to start his own investment venture. This unexpected departure amid recent controversies hints at internal shake-ups while injecting a twist that leaves the tech community both bemused and curious.
Back to Top / Wednesday, August 13, 2025, 6:20 pm / permalink 12278 / 2 stories in 6 months
1Kosmos Secures $57M Series B for Digital Identity Expansion
Identity verification platform 1Kosmos has successfully closed a $57 million Series B round, led by major investors including Forgepoint Capital. The infusion of capital is set to drive advancements in passwordless authentication and global expansion efforts, reinforcing the escalating focus on digital security innovation.
Back to Top / Tuesday, August 12, 2025, 8:20 pm / permalink 12194 / 1 stories in 6 months
Chai Discovery Raises $70M for AI-Powered Biochemical Innovation
Chai Discovery secured a $70 million Series A to revolutionize the prediction and reprogramming of biochemical molecule interactions. The new funding is set to accelerate its cutting‐edge AI models for therapeutic development and position the company as a serious contender in the competitive health tech landscape.
Back to Top / Thursday, August 7, 2025, 2:21 pm / permalink 11869 / 1 stories in 6 months
Apple Skirts Tariffs With $100 Billion US Manufacturing Investment
PYMNTS / pymnts - Apple said it is increasing its investment in the U.S. by $100 billion, reaching a $600 billion projected investment over the next four years. [contact-form-7] That investment comes alongside its new American Manufacturing Program (AMP), which aims to inc…
Back to Top / Wednesday, August 6, 2025, 9:21 pm / permalink 11806 / 7 stories in 7 months
Apple expected to announce another $100B U.S. manufacturing investment
appleinsider - After an early-morning tease, further reports claim that Apple will invest another $100 billion into manufacturing in the United States, and President Donald Trump is expected to announce it on Wednesday alongside CEO Tim Cook.Tim Cook [left], President D…
Back to Top / Wednesday, August 6, 2025, 10:20 am / permalink 11732 / 23 stories in 7 months
OpenAI Reportedly Eyeing $500 Billion Valuation in New Share Sale
Markus Kasanmascheff / winbuzzer - OpenAI is reportedly in talks for a secondary share sale valuing the company at $500 billion, a massive jump from its current $300B valuation, amid surging user growth.The post OpenAI Reportedly Eyeing $500 Billion Valuation in New Share Sale appeared fir…
Back to Top / Tuesday, August 5, 2025, 10:20 pm / permalink 11703 / 5 stories in 7 months
Firefly Aerospace lifts IPO range that would value company at more than $6 billion
cnbc - Firefly Aerospace lifted the share price range for its upcoming IPO, in a move that would value the space technology company at more than $6 billion.
Back to Top / Monday, August 4, 2025, 3:21 pm / permalink 11586 / 1 stories in 7 months
Berkshire Hathaway faces $3.8bn write-down on Kraft Heinz stake
Berkshire Hathaway’s earnings were stung by a hefty $3.8 billion write‐down on its Kraft Heinz stake, revealing how even financial titans aren’t immune to market miscalculations. The impairment reminds investors that even Buffett’s empire isn’t a free pass from the occasional economic face‐palm moment.
Back to Top / Saturday, August 2, 2025, 12:20 pm / permalink 11502 / 1 stories in 7 months
OpenAI reportedly raises $8.3B at $300B valuation
Rebecca Bellan / techcrunch - The oversubscribed round came months ahead of schedule, and is part of OpenAI's strategy to raise $40 billion.
Back to Top / Friday, August 1, 2025, 10:21 am / permalink 11434 / 6 stories in 7 months