SoftBank subsidiary to work with Intel on next-gen memory for AI

Saimemory, a subsidiary of multinational investment giant SoftBank, has signed a collaboration agreement with American chipmaker Intel Corp. to advance the commercialization of next-generation memory technology, the companies announced Tuesday. The partnership focuses on next-generation memory technologies that can support the growing demands of artificial intelligence and high-performance computing. The effort is currently known as […]

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Waymo announces $16 billion funding round

A Waymo vehicle exits a charging lot on Jan. 15, 2026 in Austin, Texas. Brandon Bell | Getty Images Alphabet‘s self-driving car unit Waymo on Monday said it raised a $16 billion funding round that values the company at $126 billion “post-money.” The new funding is the latest move by Alphabet to fund Waymo’s continued […]

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Oracle’s credit default swaps are plummeting as financing plan boosts investor confidence

Oracle’s 5-year credit default swaps tumbled 17% after the software vendor’s plan to raise $50 billion in debt and equity bolstered investor confidence that the company will be able to avoid a credit downgrade as it funds its artificial intelligence buildout. “Equity financing significantly inhibits the downside for credit,” Andrew Keches, a credit analyst at […]

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Anti-ICE protesters should want more Palantir in government, CEO Karp says

CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit, at Carnegie Mellon University in Pittsburgh, Pennsylvania, U.S., July 15, 2025. Nathan Howard | Reuters Palantir CEO Alex Karp said protesters demonstrating against U.S. Immigration and Customs Enforcement should support the use of his company’s tools in the government. “If you are […]

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Elon Musk’s SpaceX acquiring AI startup xAI ahead of potential IPO

A SpaceX Falcon Heavy rocket carrying the National Oceanic and Atmospheric Administration’s (NOAA) weather satellite Geostationary Operational Environmental Satellite U (GOES-U) lifts off from Launch Complex 39A at NASA’s Kennedy Space Center, Florida, June 25, 2024.  Miguel J. Rodriguez Carrillo | AFP | Getty Images Elon Musk is combining rocket maker SpaceX with his artificial […]

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Palantir beats fourth-quarter estimates on the strength of AI and defense demand

Palantir Technologies CEO Alex Karp attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. Denis Balibouse | Reuters Palantir topped Wall Street’s fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial intelligence tools. Here’s how the company did versus LSEG estimates: Earnings per share: […]

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