TNW
US government’s Intel stake jumps 300% to $36B aft...
In short: The US government’s 9.9% stake in Intel, acquired for $8.9 billion last August by converti...
SoftBank is converting a Sharp LCD factory into a ...
Summary: SoftBank Corp. plans to convert part of the former Sharp LCD factory in Sakai, Osaka into o...
Google is investing up to $40 billion in a company...
Summary: Google is investing up to $40 billion in Anthropic ($10B cash now at $350B valuation, $30B ...
Turkey’s parliament passes social media ban for un...
Erdŏgan has 15 days to sign the bill into law. The legislation enters into force six months after pu...
Intel beats expectations for the sixth straight qu...
Q1 revenue of $13.6 billion beat the $12.4 billion consensus by 9.4%. Data Centre and AI revenue ros...
China plans to block US investment in its top AI f...
Two parallel moves in 24 hours mark a significant escalation of the US-China AI war from chips and e...
Amazon-backed nuclear startup X-Energy raises $1.0...
X-Energy sold 44.3 million Class A shares at $23 each, above the $16–$19 marketed range, and began t...
Cohere and Aleph Alpha announce merger in Berlin, ...
Cohere’s shareholders will receive approximately 90% of the combined entity; Aleph Alpha’s sharehold...
DeepSeek returns with V4-Pro and V4-Flash, a year ...
The Hangzhou startup released preview versions of both models on Hugging Face on Friday. V4-Pro clai...
Verda raises $117 million to expand its GPU cloud ...
The Helsinki-based company, formerly DataCrunch, is backed by Lifeline Ventures, byFounders, Tesi, V...
Norway plans to ban social media for children unde...
The minority Labour government, led by PM Jonas Gahr Støre, announced the legislation on Friday. The...
Meta is cutting 8,000 jobs to pay for AI. It is al...
Summary: Meta is cutting approximately 8,000 employees (10% of its workforce) beginning 20 May, canc...
High gas prices are not saving Tesla. They are jus...
Summary: US petrol prices passed $4/gallon for the first time in four years (+30% YoY), driven by th...
SoftBank wants to borrow $10 billion against its O...
Summary: SoftBank is seeking a $10 billion margin loan backed by its OpenAI shares at SOFR + 425 bas...
Rilian raises $17.5 million to bring agentic AI to...
The McLean, Virginia startup’s Caspian platform sits as a command layer above existing security stac...
White House accuses China of industrial-scale AI m...
Summary: The White House OSTP released a policy memo accusing China of “industrial-scale” distillati...
Zapata Quantum raises $15 million after emerging f...
The oversubscribed financing, led by Triatomic Capital, caps a restructuring that addressed $18.7 mi...
Microsoft offers voluntary retirement to 7% of US ...
Summary: Microsoft is offering voluntary retirement to approximately 7% of its US workforce (~8,750 ...
