Oracle’s Troubled VA Records Contract Grows to Nearly $27 Billion
The Department of Veterans Affairs has raised the ceiling on Oracle’s electronic health records contract by nearly $17 billion, bringing the total value of the program to almost $27 billion,…
Prime Video Bets $2 Billion on Latin America’s Streaming Growth
Amazon’s Prime Video will invest more than $2 billion in Latin America between 2027 and 2030, funding local original series and sports broadcasts, the company announced on Wednesday. It is…
Nvidia Pays $6 Billion to License Poolside’s Model Factory and Hires Its Team
Nvidia has agreed to pay $6 billion for a license to Poolside’s Model Factory, the software platform the AI startup used to build its coding models, and to hire 109…
Broadcom Seeks $60 Billion or More in Debt to Fund Its AI Chip Push
Broadcom is in talks with a group of banks about raising more than $60 billion in new debt, with the total potentially reaching $100 billion, to fund an expansion of…
Anthropic’s IPO Ambition: Raise as Much as SpaceX Did
Anthropic is telling prospective investors that its initial public offering could raise as much as, or more than, the roughly $86 billion that SpaceX collected when it listed, according to…
Musk Denies Report of SpaceX’s $6 Billion Spectrum Deal
Elon Musk said Wednesday that reports of SpaceX agreeing to buy $6 billion in wireless spectrum were untrue, a rare public denial from the billionaire after news outlets cited people…
OpenAI Sets a 2027 Target for Its Long-Awaited IPO
OpenAI’s chief financial officer told investors and staff this week that the company plans to complete an initial public offering in 2027, with the date potentially moving earlier if revenue…
ChatGPT Gains the Keys to iMessage on the Mac
OpenAI on Thursday afternoon released a new feature that lets its ChatGPT desktop application for Mac read, compose, and send messages through Apple’s iMessage service, giving the AI assistant direct…
Microsoft Stops Offering VMware Licensing on Azure
For years, enterprises ran their virtual machines on VMware inside Microsoft’s cloud, a pairing that seemed permanent. Microsoft has now ended it, and the migration is on. Microsoft will no…
OpenAI Finance Chief Plays Down IPO Urgency
Inside OpenAI, the question of when the company will go public has an answer, and it is not soon. Outside, the company is selling enterprises a new promise about how…
