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U.S. Tech Firms to Invest More Than $8 Billion in U.K. Data Centers Amid AI Frenzy
Surging AI demand has led to a combined investment of $8.23 billion in U.K. data centers from four American tech companies.Tech - The Wall Street Journal - October 14 -
UN asks Asia-Pacific countries to invest more in preventing damage from disasters
A U.N. official says disasters, including those wrought by fiercer storms, are threatening more people and could derail economic progress in the Asia Pacific region if governments would not invest ...World - ABC News - October 15 -
Mexico says foreign firms have pledged $20 billion in investments, but many are old or uncertain
Mexican officials say companies have pledged $20 billion in new foreign direct investment in MexicoTech - ABC News - October 15 -
Alibaba, Baidu Invest in Chinese Smart-Driving Tech Company's Near $700 Million IPO
Alibaba and search-engine giant Baidu are investing in a nearly $700 million equity offering by Horizon Robotics.Tech - The Wall Street Journal - October 15 -
Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz
Venture capital firm Accel says that funding for cloud startups is set to rise 27% in 2024 thanks to a boost from AI — the first year of growth in three years.Business - CNBC - October 16 -
Amazon goes nuclear, to invest more than $500 million to develop small modular reactors
Amazon is the latest large tech company to buy into nuclear power to fuel the growing demands from data centers.Business - CNBC - October 16 -
Amazon, Google make dueling nuclear investments to power data centers with clean energy
Tech giants Amazon and Google are investing in the next generation of nuclear reactorsTech - ABC News - October 16 -
GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.
The deal is centered on the development, construction and operation of a lithium carbonite mining operation called Thacker Pass in Humboldt County, Nevada.Business - CNBC - October 16 -
Amazon goes nuclear, plans to invest more than $500 million to develop small modular reactors
Amazon Web Services is investing over $500 million in nuclear power, announcing three projects from Virginia to Washington State.Top stories - NBC News - October 16 -
This Startup is Investing $1 Billion to Build Lighter Lithium Sulfur Batteries in Nevada Gigafactory
Battery breakthroughs can change whole industries. Lyten has plans for a giant factory that could change how we power space tech, drones, and small EVs.Business - Inc. - October 16 -
Lions sign DT Alim McNeill to $97 million, 4-year deal in franchise's latest investment
The Detroit Lions have decided to make defensive tackle Alim McNeill their latest investment, retaining a key player with a long-term dealSports - ABC News - October 16 -
GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.
DETROIT — General Motors has agreed to establish a joint venture with Lithium Americas Corp.Top stories - NBC News - October 16 -
We're bending our investment rules and starting positions in 2 of our Bullpen stocks
Financial and cybersecurity companies are getting the call up.Business - CNBC - October 16 -
Meme coins could be among the biggest moneymakers in crypto next year. What to know before investing.
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.Business - MarketWatch - October 16 -
Alibaba's Southeast Asia Unit Lazada Pushes AI Investment to Regain Market Share
Lazada is accelerating investments in generative artificial intelligence to regain its standing in a fiercely competitive market with limited opportunities for margin expansion.Business - The Wall Street Journal - October 17 -
Nuclear-energy ETFs surge as uranium prices remain rangebound. Is now a good time to invest?
ETFs that track uranium miners and nuclear-energy stocks have skyrocketed in October, as some of the largest tech companies have tapped into nuclear power to fuel data centers as part of their AI ...Business - MarketWatch - October 18