On Tuesday, Treasury Secretary Scott Bessent went on television with a warning for China. On the same day, the chief executive of the company that powers the entire AI boom went the other way. The threat Bessent said the US will scrutinise Chinese open…
On Monday, JPMorgan and Morgan Stanley began pitching investors on a bond sale of at least $12 billion, as The Wall Street Journal reported. The money will build a Meta data centre in El Paso, Texas. The structure is the story. Who owns what BlackRock …
The four companies announced the Alliance for America’s Skilled Trades on Tuesday. The pitch is a labour shortage. The subtext is harder to miss. The number behind it Employers cannot find enough electricians, technicians, and builders. The alliance pu…
On Tuesday, a group of the world’s most powerful investors finished buying a company most people have never heard of. The price tag explains why it matters. The largest data-centre deal ever The AI Infrastructure Partnership, MGX, and BlackRock’s Globa…
The two companies announced a strategic collaboration to build the Fortinet Security Processor 6, the custom silicon inside its FortiGate firewalls. Intel will handle the chip design, advanced packaging, and manufacturing. The first name on the list Th…
Google’s answer to a summer of being outrun is not a bigger model. It is cheaper ones. On Tuesday the company launched three new Gemini models, all at its fast, low-cost “Flash” tier, a day before Alphabet reports earnings. The message is efficiency ov…
The other two major labels made peace with Udio months ago. Sony did the opposite. On Monday it filed a fresh lawsuit in New York, Billboard reported, covering 30,117 recordings and leaving Udio facing a far bigger bill. Turning peace into a weapon The…
A group of US lawmakers has urged President Donald Trump to open a formal trade investigation into the European Union’s two flagship technology laws, arguing that enforcement has fallen unfairly on American companies and warrants retaliation under US t…
Aircraft startup Electra plans to invest around $850 million to build a factory in Ohio, giving the maker of hybrid-electric ultra-short takeoff and landing aircraft its first dedicated production base. It would place Electra in the same state as elect…
The next big customer for a payments company may not be a person at all. It may be an AI agent, and a startup called Natural has raised $30 million to serve it. The Series A was led by Kirsten Green at Forerunner Ventures, and closed when Natural was j…