Tag: investment
Uber Invests $1.25 Billion in Rivian with Plans to Purchase Up to 50,000 Electric Vehicles for Robotaxi Service
Uber commits $1.25 billion investment in Rivian and agrees to buy up to 50,000 EVs to support its robotaxi ambitions and autonomous ride services.
Read MoreNikola Motor Founder Seeks Funding for AI-Driven Aircraft After Legal Troubles
The founder of Nikola Motor, previously convicted, is now pursuing investment for a startup focused on AI-controlled airplanes.
Read MoreData Center Construction Outpaces Office Building Spending in the US Amid AI Boom
For the first time, US data center construction costs have exceeded those for office buildings, reflecting shifts driven by AI expansion.
Read MoreAI Boom Creates 45 New Billionaires in Forbes 2026 Ranking
Forbes 2026 list reveals 45 newly minted AI billionaires, pushing the industry total to 86 with a combined fortune of $2.9 trillion.
Read MoreRussian AI Leaders Seek Massive State Funding, Government Opts for Non-Financial Support
Sber and Yandex requested hundreds of billions for AI development, but Russian authorities prefer non-monetary backing.
Read MoreNvidia Commits $2 Billion to Nebius for AI-Optimized Data Center Expansion
Nvidia invests $2 billion in Arkady Volozh’s Nebius to build data centers tailored for AI workloads amid growing cloud demand.
Read MoreForbes Revises Pavel Durov’s Net Worth, Reflecting Telegram’s Market Valuation Drop
Pavel Durov’s net worth shrinks significantly amid telecom market shifts, with Telegram’s valuation adjusted by Forbes following industry changes.
Read MoreMajor Russian Telecom Operators Cut Infrastructure Capital Spending by Up to 30% in 2025
Russian telecom giants reduce 2025 infrastructure capital expenditures by 9–30%, anticipating future investment growth amid potential policy easing.
Read MoreOpenAI and Oracle Halt Expansion of Major AI Data Center in Texas Amid Funding Challenges
OpenAI and Oracle have suspended plans to enlarge their flagship AI data center in Texas due to funding issues and strategic concerns.
Read MoreSoftBank Plans Up to $40 Billion Borrowing to Support OpenAI Investment
SoftBank aims to secure up to $40 billion in debt financing to expand its investment in OpenAI’s US-based computing infrastructure.
Read MoreNvidia Signals End of Major Equity Investments in OpenAI and Anthropic
Nvidia’s CEO indicates the company will no longer make significant capital injections into OpenAI or Anthropic amid revised investment plans.
Read MoreAsian Chipmakers Boost Capital Spending to $136 Billion Amid AI Growth
Asian semiconductor manufacturers plan to increase capital investment by 25%, reaching $136 billion this year driven by AI technology demand.
Read MoreRecent Posts
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- Xiaomi Launches Affordable 20,000mAh Power Bank with Built-In USB-C Cable
- Tesla Expands Robotaxi Service to Cover Entire Austin Area
- Microsoft Unveils Smart Badge with Camera as Part of New AI Gadget Platform
- Researchers Develop First Silicon Spintronic Chip for Probabilistic AI Computing