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News
Elon Musk's Underground Bet Just Got a Much Bigger Backer
2+ day, 20+ hour ago (205+ words) Elon Musk's The Boring Company, the private infrastructure startup building underground transportation networks, just landed one of its biggest votes of confidence yet. The company raised $3 billion in a Series D funding round led by the United Arab Emirates and…...
Google Just Dropped a Bombshell on AI Spending — Alphabet’s $200 Billion AI Bet Is Starting to Pay Off Big
14+ hour, 20+ min ago (458+ words) Google Cloud CEO Thomas Kurian just supplied an unusually concrete answer. Speaking at the Goldman Sachs Communacopia + Technology Conference, Kurian said the aggregate payback period on Google's AI servers is less than two years. More importantly, he said the payback…...
Oracle to Spend an Additional $700 Million on More Job Cuts
1+ day, 8+ hour ago (29+ words) Oracle Corp. increased the scale of its planned job cuts while the company grapples with a cash crunch tied to development of large-scale data centers for artificial intelligence work....
Oracle's AI Chips Ran 97.9% Utilized Last Quarter. For Nvidia, That Is What a Shortage Looks Like.
16+ hour, 17+ min ago (697+ words) Most of those chips are Nvidia's. Oracle's cluster design for its biggest AI deployments connects hundreds of thousands of Nvidia GPUs, and its largest planned builds target up to 800,000 of them. So while Nvidia didn't report this week, a company…...
Nvidia’s $10B Anchor in Anthropic’s $100B IPO Closes the Compute Landlord Loop
1+ day, 44+ min ago (431+ words) Nvidia’s reported discussions to anchor Anthropic’s planned $100 billion IPO represent more than a massive capital injection; they signal the maturation of a closed capital loop. In this arrangement, the landlord—the provider of the essential compute infrastructure—is now financing…...
XYPN Partners with Wealthtender to Help Independent Advisors Build Trust, Strengthen Visibility, and Grow Their Firms
3+ day, 47+ min ago (251+ words) New partnership gives XYPN members access to modern marketing tools designed to help advisors attract qualified prospects in an increasingly digital and AI-driven marketplace BOZEMAN, Mont., Sept. 10, 2026 (GLOBE NEWSWIRE) -- XYPN, the leading business support platform for fee-only financial planners, today…...
TGM EXPANDS INSTITUTIONAL CAPITAL FORMATION CAPABILITIES WITH APPOINTMENT OF INDUSTRY VETERAN TIM ANDERSON
3+ day, 1+ hour ago (397+ words) TGM, a vertically integrated real estate investment manager with a longstanding track record of investing across market cycles, today announced that Tim Anderson has joined the firm to lead its institutional business development and capital formation initiatives. Oops, something went…...
Teleport expands network across Asia-Pacific and Europe to capture 2H eCommerce peak
4+ day, 6+ hour ago (141+ words) Expansion follows strong 1H performance, marked by 35% YoY revenue growth and a fourth consecutive profitable quarter despite industry constraints. Continued eCommerce demand drove strong volume and margin growth across Teleport's network in 1H 2026: 1H Total volume: Increased 18% YoY to 182,660 tonnes 1H Parcels moved: Grew…...
AI customer service startup Netomi raises $110 million
4+ mon, 1+ week ago (343+ words) NEW YORK, April 30 (Reuters) - Technology startup Netomi has raised $110 million in a Series C funding round led by Accenture Ventures, the startup's chief executive told Reuters this week. Founded roughly a decade ago, Netomi uses artificial intelligence to improve customer…...
Assessment of China's Electric Vehicle and Battery Market 2026 | China's EV Market Enters a New Era as Battery Leadership and Integrated Mobility Reshape Competition
5+ day, 7+ hour ago (47+ words) Dublin, Sept. 08, 2026 (GLOBE NEWSWIRE) -- The "Assessment of China's Electric Vehicle and Battery Market 2026" has been added to ResearchAndMarkets.com's offering. Market Overview and Structure Demand Drivers and Market Economics Product and Technology Evolution Competitive Landscape and Key Industry Players Government…...