Tag Archives: CNBC

The Trump administration is reportedly discussing a deal to take a 10% stake in Intel, which could potentially leverage Chips Act funding as part of the equity.

Tech’s biggest names all raised capital expenditure guidance to keep pace with AI demand, with Microsoft, Amazon, Alphabet and Meta all set to spend big.

SoftBank will pay $23 per share for Intel’s common stock, acquiring roughly 2% of the struggling chipmaker.

Palo Alto Networks surpassed Wall Street’s fiscal fourth-quarter estimates and issued upbeat guidance.

Elon Musk’s aerospace and defense contractor also successfully launched a fresh group of satellites to bolster its Starlink network.

Humanoid robot athletes competed in dance battles, martial arts, track and field and soccer.

Fluidstack exercised an option for another 160 MW with TeraWulf after signing two 10-year computing deals last week.

The crypto market tumbled to begin the week as heightened macro concerns triggered more than $500 million in long liquidations.

OpenAI CEO Sam Altman thinks the artificial intelligence market is in a bubble, similar to the dotcom bubble, he recently told reporters.

Malaysia’s state of Johor, a fast-growing data center hub, is coming up against the growing water and energy needs of the world’s artificial intelligence boom.