Summary: Meta signed a multibillion-dollar, multi-year deal to deploy tens of millions of Amazon’s Graviton5 ARM CPU cores in AWS data centres for agentic AI workloads. The chips are general-purpose processors, not AI accelerators, handling the CPU-int…
In short: X-Energy raised $1.02 billion in the largest nuclear IPO on record, pricing at $23 (21% above range) on the Nasdaq, with shares surging 31% on opening to imply a $12 billion market cap. The offering was 15x oversubscribed. The same company fa…
Amazon-backed X-energy was able to raise around 20% more money in its IPO as demand for nuclear power surges.
X-Energy sold 44.3 million Class A shares at $23 each, above the $16–$19 marketed range, and began trading on Nasdaq under the ticker XE on 24 April. The company has $1.8 billion in prior private capital, a $500 million Amazon-led Series C-1, and a bin…
Users will be able to see live events of an artist on their Amazon Music profile
In a bid to ramp up its heavy-duty fleet in a hurry, Amazon has tapped zero-emissions logistics firm Einride to deploy 75 fully electric semi trucks across five US locations.
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The agreement comes just as Einride is finalizing a merger with blank-check company Legato Merger Corp. to go public.
At $630, this new breed of Kindle is expensive, but its sleek build, color panel, and paper-like display surface are the core reasons to buy it, if you can stick with the basics.
Project Prometheus, launched in November 2025 with $6.2 billion in initial funding, is developing AI systems that understand the physical world, targeting engineering, manufacturing, aerospace, robotics, and drug discovery. The round has not yet closed…