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Cloud Computing
Oracle Corp. is in advanced discussions with Meta Platforms Inc. on a cloud computing agreement valued at about $20 billion, a move that would further cement Oracle’s role as a major infrastructure provider in the artificial intelligence boom. According to people familiar with the talks, the multiyear deal would
Transportation
Nvidia CEO Jensen Huang touched down in the United Kingdom this week with a bold promise: a £2 billion ($2.6 billion) investment to accelerate the nation’s artificial intelligence startup ecosystem. One of the potential beneficiaries is Wayve, the U.K.-based autonomous driving company making waves with its
Decentralization
Mastodon, the non-profit behind the open-source software powering one of the most prominent alternatives to centralized social networks like Threads and X, has unveiled a new plan to bolster its long-term sustainability. The company announced today that it will begin offering paid hosting, moderation, and support services to organizations looking
Artificial Intelligence (AI)
At its “Make with Notion” event on Thursday, productivity platform Notion announced the launch of its first AI agent, marking a major step forward in its AI-powered workspace. The new agent goes beyond Notion’s existing AI summarization and search features, enabling users to automatically generate notes, create competitor reports,
Pharmaceutical
Roche has agreed to acquire U.S.-based biopharmaceutical company 89bio in a deal worth up to $3.5 billion, underscoring the Swiss drugmaker’s push into the booming market for obesity and metabolic disease treatments. Under the terms, Roche will pay $14.50 per share in cash and up
Cloud Computing
Microsoft has announced plans to bring its new Fairwater AI data center, touted as the “world’s most powerful,” online in early 2026. The $3.3 billion facility will rise on the site once promised to host Foxconn’s now infamous LCD factory project — a deal that fizzled almost as
Artificial Intelligence (AI)
The competition to bring cinematic-quality AI video tools to filmmakers intensified Thursday as Luma AI announced a partnership with Adobe to integrate its newest model, Ray3, into Adobe’s generative-AI suite Firefly. Starting immediately, Firefly’s paid subscribers can access Ray3 for unlimited AI-assisted video generation for two weeks, after
Food
Uber announced plans to begin testing drone deliveries for Uber Eats in select U.S. markets by the end of this year, marking its latest move to explore futuristic transportation technologies. The initiative is part of a new partnership with Israeli drone startup Flytrex, which will also include a small
Artificial Intelligence (AI)
Google announced Thursday that it is rolling out Gemini in Chrome to all Mac and Windows desktop users in the U.S., after previously restricting the feature to Google AI Pro and Ultra subscribers. The expansion marks a significant step in Google’s push to make its AI assistant a
E-commerce
PayPal announced on Wednesday a sweeping new partnership with Google that will bring together the payments giant’s global financial infrastructure and Google’s artificial intelligence technology. The multi-year deal aims to deliver next-generation, AI-powered shopping experiences while deepening PayPal’s integration across Google’s ecosystem. AI Meets Global Payments
Funding
Nvidia has agreed to purchase a $5 billion stake in Intel, becoming one of the chipmaker’s largest shareholders and cementing a strategic partnership to co-develop “multiple generations” of data center and PC products. Nvidia will acquire the Intel shares at $23.28 apiece, slightly below Intel’s prior trading
Semiconductors
AI chip startup Groq announced Wednesday that it has raised $750 million in fresh funding at a post-money valuation of $6.9 billion. The financing exceeded expectations, topping earlier reports from July that suggested the round would come in at about $600 million at a near $6 billion valuation. This