Nvidia’s Credit Risk Gauge Eases After Financing Plan Gets a Clarification
The price of protecting against an Nvidia default eased on Monday, a day after the company said it would limit its exposure to a $500 billion plan to finance artificial-intelligence…
xAI Cofounder’s River AI Raises $1.1 Billion With Nvidia and AMD on Board
Igor Babuschkin left Elon Musk’s xAI to build a company of his own. On Monday, investors lined up to pay for it. River AI, the startup founded by the xAI…
Sequoia’s New Stewards Raise $10 Billion and Call the Market a White Swan
Alfred Lin and Pat Grady have run Sequoia Capital for less than a year. They have already raised more money than any leadership team in the firm’s 54-year history. Sequoia…
Anthropic’s Amodei Courts Wary Investors Ahead of a Possible IPO
Dario Amodei has spent years describing artificial intelligence in the language of civilization, science and God. In private meetings with prospective investors this summer, the Anthropic chief executive has been…
Singapore Data-Center Operator DayOne Files Confidentially for $640 Million U.S. IPO
DayOne, the Singapore-based data-center operator, has confidentially filed with U.S. regulators for an initial public offering that could raise about $640 million, according to The Straits Times, the latest sign…
Nanya Technology Joins ASML’s EUV Customer Roster, Signaling a Shift
Nanya Technology, the Taiwanese DRAM maker long known for mature process nodes, is set to become the newest customer for ASML’s EUV lithography systems, according to Bits&Chips, a purchase that…
Archer Aviation Buys Former Rival Wisk Aero, Reshaping the Air-Taxi Field
Archer Aviation has agreed to acquire Wisk Aero, the autonomous air-taxi developer backed by Boeing, according to TechCrunch, a merger that consolidates the electric vertical takeoff and landing industry around…
OpenAI Buys Back $7 Billion of Employee Stock at $852 Billion Valuation
OpenAI has repurchased roughly $7 billion of company stock from current and former employees, according to two people familiar with the matter, a move that gives insiders a payday while…
Nvidia and Six Financial Giants Create $500 Billion AI-Compute Financing Platform
Nvidia on Tuesday said it has teamed up with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to create an independent platform that aims to raise more than $500 billion…
Intel Prices $20 Billion Stock Offering at $95 a Share
The pricing notice went out to investors late Tuesday morning: Intel Corp. would sell 210,526,315 shares of common stock at $95 apiece, pushing an offering announced a day earlier from…
