Blackstone Inc (NYSE:BX) and Alphabet's Google have announced a joint venture aimed at developing a new US-based company that will provide dedicated cloud infrastructure centered on Google’s Tensor Processing Units (TPUs). The planned company will offer data center capacity, operations,...
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The new U.S.-based company will sell access to Google's Tensor Processing Unit chips as a compute-as-a-service offering, with 500 MW of capacity targeted for 2027
By tying their bottom lines to how much AI they can sell, consultants have created a conflict of interest that erodes their clients’ trust.
While Coca-Cola and PepsiCo remain the titans of the beverage industry, they now face significantly increased competion for consumers. Energy drinks and functional beverages now fight for shelf space alongside traditional sodas. In addition, Keurig Dr. Pepper's Dr. Pepper has become the second-best ...
Shares of Microsoft rose more than 3% Friday, bucking the trend on a down day for tech stocks. The move followed the announcement from investor Bill Ackman that his Pershing Square has taken a new stake in the software giant in a bet Microsoft's investments in AI aren't reflected in its stock price. Microsoft shares are down 12% this year and have lost about a quarter of their value since they peaked last fall.
The UK watchdog will examine whether Microsoft has SMS in business software and whether it limits customer choice and competition.
Ledn's $188 million Bitcoin-backed bond just became the first digital asset product to receive an investment-grade rating from S&P Global. Its CEO explains why eight years of data made the difference. In February 2026, Ledn closed a $188 million Bitcoin-backed asset-backed security — the first ...
The 3 largest U.S. wireless carriers will pool spectrum resources and satellite partnerships to extend mobile coverage in rural and remote areas
Verizon (VZ), AT&T (T) and T-Mobile (TMUS) said on Thursday that they agreed in principle to form a new joint venture that seeks to address long-time coverage gaps especially in rural areas by using satellite-based technologies.
Verizon, AT&T and T-Mobile said on Thursday that they agreed in principle to form a new joint venture that seeks to address long-time coverage gaps especially in rural areas by using satellite-based technologies. The largest U.S. wireless companies said the plan seeks to end nearly all dead zones without mobile service. The plan also aims to ensure redundant connectivity during natural disasters and improved network performance.
The country has been shut out of global markets since 2017, and it will seek a restructuring as relations with the U.S. thaw.
Investing.com -- Cisco Systems on Wednesday said that it was restructuring its business to focus on growth areas, including AI after it posted record revenue in its third quarter earnings, sending its shares up 11% in extended trading.
The industrial giant launched the buyback program of up to five years as it posted higher second-quarter revenue in its industrial businesses.
Anthropic is diving further into the legal software market.
.Business Secretary Peter Kyle said the partnership demonstrates that the Government is ‘backing high-growth British scale-ups’.
Amazon is launching 30-minute delivery in cities across the US.
Amazon is launching 30-minute delivery in cities across the US.
OpenAI has formally unveiled OpenAI Deployment Company, a new venture aimed at accelerating corporate AI adoption. The initiative is backed by a mix of asset managers, private equity managers and consultancy firms and comes at a time when pressure from AI disruption is calling for a fundamental rethink of the industry’s traditional playbook. The new JV launches with more than $4 billion in initial capital backed by a consortium of investment and consulting firms, led by TPG. Advent International
Diners have always turned to fast-food chains for wallet-friendly options, but as the affordability crisis continues, value menus have become increasingly important to consumers. Value menus are the top factor diners look for when deciding where to eat, a recent YouGov report found. Some 66% of ...
A new five-year AI cloud agreement with NVIDIA positions IREN to scale beyond infrastructure hosting into managed GPU cloud services for enterprise AI workloads. Key Investor TakeawaysThe $3.
The majority Sony-owned venture will set up production lines in Kumamoto Prefecture, with potential Japanese government backing
Taiwan Semiconductor Manufacturing Co and Sony Semiconductor Solutions said on Friday they plan to form a new joint venture in Japan to develop and manufacture next-generation image sensors. The venture will combine Sony’s sensor design expertise with TSMC’s manufacturing and process technology strengths, deepening a long-standing partnership of the two companies. It will be majority-owned by Sony, and will set up development and production lines in the Japanese company's new fabrication plant in Koshi City in the Kumamoto region.
Target keeps making moves to win back shoppers, and the latest one is especially bold and trend-following, as the retailer expands its social commerce presence. To regain customers’ trust, Target is giving shoppers more power. While the last few years have been challenging for many retailers, ...
Krispy Kreme announced earnings on Thursday, May 7, coinciding with the launch of its newest limited-time offering. It's a pivotal time for the doughnut brand, which saw its stock price free-fall in early 2025 after poor earnings and shifting customer trends. Krispy Kreme operated 235 of its ...
Investor confidence in Shake Shack is, er, shaken. Shares in the burger chain plummeted after the company posted disappointing quarterly sales and earnings, growing beef and development costs and uneven footfall.
(Bloomberg) -- Alphabet Inc.’s Google on Thursday launched the Fitbit Air, a $100 screenless fitness band aimed squarely at taking on Whoop Inc. and other makers of health and fitness wearables that forgo displays. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsDOJ Plans Intervention in Trump Supreme Court Carroll AppealChina Asks Banks to Pause New Loans to US-Sanctioned RefinerSony
SAN FRANCISCO, May 6 () - Artificial intelligence lab Anthropic on Wednesday touted a new feature for its Claude AI, which it calls "dreaming." Available as a research preview, "dreaming" comes with its software for managing agents, or AI programs that perform tasks with little human involvement.
FEATURE Corning and Nvidia are forming a partnership to drastically expand U.S. fiber and optical connectivity production, the companies announced Wednesday. Shares of Corning, the glassmaker, jumped 15% in premarket trading.
Rivian Automotive is considering making its own lidar sensors and could do so in partnership with a Chinese firm, CEO RJ Scaringe said in an interview with Reuters on Tuesday. Rivian said that a version of its R2 vehicles coming later this year would include lidar sensors, which help self-driving vehicles gain a three-dimensional view of the road. Rivian did not disclose who would supply it with lidar sensors, which on demonstration vehicles were much smaller than the large, spinning units found on the streets of San Francisco and other cities in robotaxis designed by Alphabet's Waymo.