Tag: investment

Sandisk Invests $1 Billion in Taiwanese DRAM Maker Nanya Technology Amid Memory Chip Shortage

Sandisk has invested $1 billion in Taiwanese DRAM producer Nanya Technology as part of a larger $2.5 billion private stock placement.

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OpenAI Secures Additional $10 Billion from Smaller Investors to Boost AI Infrastructure

OpenAI plans to raise $10 billion from smaller institutional investors to support its AI development alongside major backers.

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Europe Loses $1.4 Trillion in Tech Investment Over 11 Years Due to Overseas Capital Allocation

Between 2014 and 2025, Europe missed out on $1.4 trillion in tech investments as firms raised capital or sold assets abroad.

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Jeff Bezos Aims to Raise $100 Billion for AI Startup Project Prometheus

Jeff Bezos is seeking $100 billion in funding for Project Prometheus, an AI startup focused on enhancing industrial productivity.

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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.

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Nikola 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.

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Data 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.

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AI 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.

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Russian 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.

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Nvidia 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.

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Forbes 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.

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Major 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.

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