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Oil Surges With No Hormuz Deal in Sight
The Wall Street Journal40d agobullish
Oil Surges With No Hormuz Deal in Sight

Oil prices jumped after negotiations over the Strait of Hormuz turned south once again. Over the weekend, a top Iranian official laid out a series of tough demands for opening the Strait, and the United Arab Emirates said Iran launched a missile attack on one of its ships. Nvidia reached a mammoth financing deal with leading Wall Street firms.

Nielsen to Buy DoubleVerify
The Wall Street Journal44d agobullish
Nielsen to Buy DoubleVerify

Nielsen Holdings agreed to buy DoubleVerify in a deal with an enterprise value of about $2.15 billion.

South Korea's Naver jumps 10% on Nvidia's $1 billion investment plan
Reuters55d agobullish
South Korea's Naver jumps 10% on Nvidia's $1 billion investment plan

Shares of South Korean internet and cloud service giant Naver jumped more than 10% on Monday after it said Nvidia ‌would acquire $1 billion of its new shares to finance a project ‌to expand an AI data centre. The investment comes after the two firms and investment group Brookfield announced ​on Friday plans to expand Naver's AI data centre in South Korea with up to $10 billion in funding. Naver said on Monday it will place 7.2 million new shares with Nvidia for 204,500 won each, or a 1% discount to its closing price on ‌Friday, as part of the ⁠agreement.

Bloomberg131d agobullish
OpenAI to Buy Consulting Firm for JV With Private Equity

(Bloomberg) -- OpenAI will acquire a consulting company to contribute to a new private equity-backed joint venture to help drive adoption of its artificial intelligence software across more businesses.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyModi Asks Indians to Stop Buying Gold, Hitting Jewelry StocksDrone Hits Ship Near Qatar as

OpenAI, Anthropic ventures in talks to buy AI services firms, sources say
Reuters137d agobullish
OpenAI, Anthropic ventures in talks to buy AI services firms, sources say

The joint ventures OpenAI and Anthropic separately created with private equity firms are in talks to acquire services companies that help businesses ‌deploy artificial intelligence, with OpenAI's new venture in advanced stages on three deals, people familiar with ‌the matter told Reuters. The acquisitions would mark a new front in the competition for AI market share between the companies. OpenAI is raising ‌roughly $4 billion from 19 investors, including TPG, ⁠Bain Capital and Brookfield Asset Management, for its joint venture, Reuters previously reported.