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Reuters55d agoneutral
KKR launches $10 billion AI infrastructure company with Nvidia, Vistra

A KKR-led group on Thursday launched a new company with more than $10 billion in committed ‌capital to finance the build-out of AI infrastructure, ‌the latest effort by an alternative asset manager to capitalize on growing demand ​for AI services. The Kuwait Investment Authority, AI chip giant Nvidia and utility firm Vistra are anchor investors in the company, called Helix Digital Infrastructure, which is led by former Amazon Web ‌Services CEO Adam Selipsky. Nvidia will help Helix with its expertise in designing AI data-centers, while Vistra will be the preferred power provider.

Major exchange unveils AI platform that could change trading forever
TheStreet55d agoneutral
Major exchange unveils AI platform that could change trading forever

Anyone who has spent time watching how institutional fixed income trading actually works knows the frustration. You have a bond to buy or sell. You have a list of dealers who might quote it. And you are making counterparty selection decisions based on relationships, intuition, and historical ...

LinkedIn launches new effort in push to capture business advertisers
Reuters56d agoneutral
LinkedIn launches new effort in push to capture business advertisers

LinkedIn is aiming to burnish its position as a go-to platform for business advertisers with a new team of marketing experts ‌that it expects to generate an annualized run rate of $100 million next fiscal year, ‌a source familiar with the matter said. The Microsoft-owned platform on Wednesday unveiled BrandWorks, the newly assembled team that aims ​to deliver higher-performing ad campaigns for customers ranging from software giant SAP to privately held website hosting platform Webflow. "We're developing services that are designed to meet the marketer where they are," said Alex Josephson, VP of BrandWorks, who previously built a similar offering called Twitter Next.

AT&T launches 4 new internet plans amid fight for customers
TheStreet60d agoneutral
AT&T launches 4 new internet plans amid fight for customers

AT&T has refreshed its internet plan lineup amid intensifying competition in the broadband industry. While AT&T welcomed 584,000 new internet customers in the first quarter of 2026, according to its most recent earnings report, T-Mobile attracted over 500,000 and Verizon gained 341,000. In ...

Amazon unveils new AI warehouse robot in $12 billion Europe push
Reuters62d agoneutral
Amazon unveils new AI warehouse robot in $12 billion Europe push

Amazon on Thursday unveiled an upgraded AI-powered mobile robot for its warehouses that can ‌respond to conversational prompts, as part of a €10 billion ($11.6 billion) investment ‌in its European fulfilment network. The ⁠new version, due in Europe in the first half of 2027, can operate across warehouse floors and marks a ⁠shift in how employees interact with robots. Amazon also showcased STARK, ​a robotic tote-handling system first ‌piloted in Barcelona and set to roll out to 15 European sites by 2027, and Vulcan, its first robot with a sense of touch.

Qualcomm stock under pressure as Nvidia unveils new product
TheStreet62d agoneutral
Qualcomm stock under pressure as Nvidia unveils new product

Qualcomm's stock was under pressure on June 1 after Nvidia CEO Jensen Huang made a surprise move that rattled the PC chip market. At Taiwan's annual Computex conference, Huang shared that Nvidia (NVDA) is entering the personal computer processor market with a new chip developed in partnership with ...

Retail giant launches first new home brand in 5 years
TheStreet62d agoneutral
Retail giant launches first new home brand in 5 years

Kids outgrow almost everything. Clothes stop fitting, school supplies run out, favorite colors change, and bedrooms that once worked for toddlers suddenly don't work for older children. And every parent knows how quickly this mounts into another recurring expense. This is also why adults are ...

Robinhood CEO launches bold agentic AI trading feature
TheStreet63d agoneutral
Robinhood CEO launches bold agentic AI trading feature

Wall Street has spent years talking about how artificial intelligence is changing how people invest. Robinhood just made that conversation very real. The new-age broker announced two new products that allow AI agents to act on your behalf within the Robinhood (HOOD) platform. I am not talking ...

Nvidia Introduces First PCs Designed for AI Agents
The Wall Street Journal65d agoneutral
Nvidia Introduces First PCs Designed for AI Agents

Nvidia unveiled the first personal laptop computers designed for running artificial-intelligence “agents,” using a newly designed version of the company’s signature AI chips. Nvidia will work with six manufacturers—Dell Technologies, Lenovo Group, Microsoft, HP, Asus and MSI—to build the laptops.

Nvidia launches new chip to bring AI directly to personal computers
Reuters65d agoneutral
Nvidia launches new chip to bring AI directly to personal computers

Nvidia has unveiled a new chip that puts AI capabilities directly into laptops and desktop computers, pitting it against the likes of Advanced Micro Devices, Intel and Apple. Nvidia CEO Jensen Huang, who is in Taiwan for ‌the Computex conference, said on the Monday that the RTX Spark PC chip is part of Nvidia's effort with Microsoft to "reinvent the PC" for ‌the AI era after three years of collaboration between the companies. The chip, which industry experts said would overhaul engagement with AI, is designed to run AI agents locally rather than relying solely on cloud ​computing.

Dell unveils $699 XPS 13 laptop in challenge to Apple's MacBook Neo
Reuters65d agoneutral
Dell unveils $699 XPS 13 laptop in challenge to Apple's MacBook Neo

Dell on Sunday unveiled its most affordable laptop, XPS 13, as the PC maker aims to capture ‌market share from Apple's MacBook Neo by attracting students and young professionals. Starting ‌at $699 and a reduced $599 for students aged 16 and older during the back-to-school season, the ​XPS 13 seeks to offer a superior experience compared to the MacBook Neo, Dell said.

Anthropic to roll out Claude Mythos in coming weeks, launches Opus 4.8
Reuters68d agoneutral
Anthropic to roll out Claude Mythos in coming weeks, launches Opus 4.8

Anthropic on Thursday said it is launching an upgraded ‌Claude Opus 4.8 model even as ‌it works to release its powerful, market-moving Mythos model ​to all customers in the coming weeks. Mythos is the AI lab's large language model with advanced cybersecurity capabilities that have ‌raised concerns among ⁠executives and world leaders about its impact. As a part of Project ⁠Glasswing, major tech firms such as Amazon, Microsoft and Apple are permitted to ​use Mythos ​for cybersecurity purposes.