Elon Musk invests about $1 billion in Skydance, CNBC reports
Elon Musk has made a roughly $1 billion investment in Skydance, CNBC reported on Thursday, citing a person familiar with the matter.
October 22, 2026Elon Musk has made a roughly $1 billion investment in Skydance, CNBC reported on Thursday, citing a person familiar with the matter.
October 22, 2026The tab for the next round of the AI buildout came due on Thursday.
October 22, 2026With host communities across the U.S. turning against their gargantuan data centers, America’s technology giants are promising to take fewer taxpayer handouts, keep fewer secrets or shower more money onto the communities willing to allow the server warehouses
October 21, 2026Nippon Steel will invest about $3 billion in the U.S.
October 22, 2026Barclays said on Thursday it was cutting around 5,000 jobs, or 5% of its workforce, this year, as it uses technology such as AI to reduce fixed costs and improve overall
October 22, 2026South Korea's Samsung Electro-Mechanics will receive investment valued at 3.7 trillion won ($2.8 billion) from Tesla and Nvidia to build facilities making advanced chip
October 22, 2026IBM finance chief James Kavanaugh on Wednesday said delayed software deals that rattled investors in the last quarter were beginning to close, as the company
October 21, 2026Meta introduced new non-voting shares on Wednesday to help fund the social media giant's costly AI expansion, as executives laid out their vision
October 21, 2026A Tesla-SpaceX merger appears to be a matter of when, not if, to many on Wall Street. But they disagree on a key factor: how much Tesla shareholders should be paid.
October 21, 2026Activist investor Starboard Value on Tuesday unveiled a new stake in Honeywell spin-off Solstice Advanced Materials, arguing the company is
October 20, 2026Though human rights groups call it sportswashing, analysts say Formula 1’s choice of Rwanda to host its first African race since the 1990s can become a watershed moment for the continent’s sports industry – if it can deliver lasting development
October 20, 2026Kroger unveiled a $5 billion investment plan to lower prices and improve the shopping experience, as part of new CEO Greg Foran's first strategy to revive the grocer's core business
October 20, 2026When Volkswagen turned to EV maker Xpeng in 2023 to help fix its flailing Chinese business, executives touted the partnership as a
October 20, 2026Alphabet's self-driving unit Waymo plans to expand its fleet five-fold to 20,000 by the end of next year using $5 billion it raised earlier this month, Semafor reported on Monday,
October 19, 2026Chancellor Friedrich Merz appealed to Germany's businesses to embrace artificial intelligence at an industry summit in Berlin on Monday that was meant to attract
October 19, 2026As African nations push miners to build refineries and smelters at home, government and industry officials say a major obstacle risks crimping
October 19, 2026Anthropic is offering Blackstone a yield of more than 10% to finance its latest chip deal, the Financial Times reported on Friday.
October 16, 2026SoftBank Group is considering an acquisition of Allied Universal in a deal that could value the US security services provider at about $18 billion, a source familiar
October 16, 2026Loss-making and deeply indebted US cloud company CoreWeave became an easy target this week for investors concerned about an
October 16, 2026The Nasdaq fell to near one-month lows on Thursday as fears of a hit to artificial-intelligence investments from higher interest rates deepened a rout in AI-linked stocks, while
October 15, 2026Space startups attracted a record $20.8 billion in funding in the third quarter, as investors poured money into launch providers, manufacturing and other
October 14, 2026European shares notched slim gains on Wednesday after robust earnings from ASML reassured investors concerned about AI demand, while healthcare stocks
October 14, 2026Taiwan is planning to buy liquefied natural gas from a U.S. project once extraction starts and could invest up to $4.4 billion in it
October 14, 2026Asian countries must remind themselves about what happened during the region's financial crisis in the late 1990s and guard against a recurrence of such
October 14, 2026