(Reuters) -Dell Technologies is nearing a deal worth more than $5 billion to provide Elon Musk’s xAI with servers optimized…
Year: 2025
Bridgewater adds Tesla stake, reduces rest of ‘Magnificent 7’
By Carolina Mandl NEW YORK (Reuters) – Hedge fund giant Bridgewater Associates added shares of Tesla to its portfolio in…
Trump says he wouldn’t mind if Nippon Steel took minority stake in U.S. Steel
(Reuters) – U.S. President Donald Trump on Friday said he wouldn’t mind if Japan’s Nippon Steel took a minority stake…
Musk’s xAI in talks to raise $10 billion at $75 billion valuation, Bloomberg News reports
(Reuters) -Elon Musk’s xAI is discussing to raise $10 billion that could value the artificial intelligence startup at about $75…
Exclusive-Blackstone seeks $800 million loan to finance New York office purchase, sources say
By Matt Tracy and Saeed Azhar WASHINGTON/NEW YORK (Reuters) – Blackstone plans to take out a loan of about $800…
Judge pauses Trump plan to put USAID workers on leave for another week
By Blake Brittain WASHINGTON (Reuters) -A federal judge on Thursday extended a pause on the Trump administration’s plan to put…
India’s Modi holds meeting with Tesla CEO Musk in Washington
(Reuters) -Indian Prime Minister Narendra Modi met Tesla CEO Elon Musk on Thursday in Washington where they discussed issues including…
Arm secures Meta as first customer for ambitious new chip project, FT reports
(Reuters) -Arm Holdings plans to launch its own chip this year after securing Meta Platforms as one of its first…
US Education Department rescinds Biden guidance on student athlete compensation
(Reuters) – The U.S. Department of Education said on Wednesday it rescinded guidance issued by the administration of President Joe…
Trump, allies ramp up attacks on judges as Musk calls for impeachments
By Nate Raymond (Reuters) – Donald Trump and his supporters on Wednesday continued to ramp up their criticism of judges…