Discover expert insights, tips, and strategies to elevate your business.
Government
The U.S. government will soon allow federal agencies to use Meta Platforms’ Llama artificial intelligence system, marking another step in the Trump administration’s push to integrate commercial AI tools into government operations. Llama Approved for Federal Use Josh Gruenbaum, procurement lead at the General Services Administration (GSA), confirmed
Artificial Intelligence (AI)
Nvidia’s global AI expansion is picking up speed. Days after announcing a $5 billion stake in Intel and committing $100 billion to OpenAI, the GPU giant has struck a major partnership with China’s Alibaba. On Wednesday, Alibaba revealed that it will integrate Nvidia’s suite of AI development
Artificial Intelligence (AI)
OpenAI is significantly expanding its infrastructure footprint in the United States. On Tuesday, the company announced plans to build five new AI data centers in partnership with Oracle and SoftBank through its ambitious Stargate project. The expansion will bring Stargate’s planned capacity to seven gigawatts — an amount of energy
Crypto
Crypto infrastructure startup Zerohash has secured $104 million in Series D funding, drawing backing from some of the biggest names in traditional finance, including Morgan Stanley and SoFi. The round, which values the company at $1 billion, was led by global trading powerhouse Interactive Brokers. The funding also saw participation
Pharmaceutical
Eli Lilly is doubling down on U.S.-based drug manufacturing. The pharmaceutical giant announced Tuesday it will invest $6.5 billion in a new manufacturing facility in Houston, Texas, aimed at scaling production of its pipeline of small molecule drugs — most notably orforglipron, its experimental obesity pill. Expanding U.
Automotive
Big electric trucks are struggling to find their place in the U.S. market. Tesla’s Cybertruck has been plagued by delays and criticism, Stellantis just canceled its Ram 1500 EV project, and Ford’s F-150 Lightning — once a beacon of promise — has seen sales steadily decline. Yet America’s
Energy
Sila, a battery materials startup that has spent more than a decade developing advanced silicon anode technology, has officially started operations at its new facility in Moses Lake, Washington. The milestone marks the launch of the first large-scale silicon anode factory in the West, a development that could significantly accelerate
Media
In a landmark move that underscores the growing convergence of entertainment and consumer brands, Netflix and beverage giant AB InBev have announced a sweeping global marketing partnership. The multiyear deal — described by both companies as the first of its kind — will make AB InBev’s beer brands, including Budweiser, Stella
Retail
Saks Fifth Avenue’s parent company, Saks Global, is exploring the sale of a 49% stake in luxury department store Bergdorf Goodman for $1bn, according to a report from The Wall Street Journal. The proposed deal has already drawn interest from at least four potential bidders, including Middle Eastern sovereign-wealth
Wearables
Oura Health Oy, the Finnish company behind the popular Oura health and fitness ring, is in the final stages of raising $875 million in a Series E financing round that would value the company at roughly $10.9 billion, according to Bloomberg. The round is expected to close by the
Artificial Intelligence (AI)
Chipmaking giant Nvidia plans to invest as much as $100 billion in OpenAI and supply the startup with its advanced data center chips, the companies announced Monday. The deal marks one of the largest commitments yet in the accelerating race to dominate global artificial intelligence. Under the agreement, Nvidia will
Healthcare
Healthcare services provider Premier Inc. announced on Monday that it has agreed to be taken private by an affiliate of investment firm Patient Square Capital in a transaction valued at approximately $2.6 billion. Premier, headquartered in North Carolina, partners with hospitals, health systems, and other providers to help cut