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Keywords: Technology Investment
Hut 8 has signed a new long-term agreement worth $9.8 billion with an investment-grade customer, marking a major milestone in the company’s transformation from a cryptocurrency mining operator into an artificial intelligence infrastructure provider. The deal completes the commercial rollout of......
Samsung Electronics is accelerating the development of its semiconductor manufacturing network by bringing forward the launch of its first chip fabrication plant in Yongin, South Korea. The facility is now expected to begin operations in 2029, two years earlier than originally planned, as the company......
Artificial intelligence chip developer SambaNova has raised $1 billion in a major late-stage funding round, lifting the company’s valuation to $11 billion as demand grows for specialised computing infrastructure designed to support advanced AI systems. The funding round was led by investment firm......
A group of early investors in artificial intelligence startup Manus is reportedly exploring a plan to repurchase the company from Meta in a transaction valued at approximately $2 billion. The development highlights the intense competition and strategic maneuvering currently shaping the global AI industry. According......
SoftBank Group founder Masayoshi Son is reportedly considering a massive investment project in France focused on artificial intelligence infrastructure, with discussions involving potential spending of up to $100 billion. According to reports, the project under consideration would center on the development......
Chinese artificial intelligence company DeepSeek is reportedly in discussions with investors to raise at least $300 million, with a potential valuation reaching $10 billion, according to a recent media report citing sources familiar with the matter. The startup, which focuses on developing advanced......
French industrial group Air Liquide has announced plans to invest approximately $236 million in Japan to support the growing demand for next-generation semiconductor production, particularly for artificial intelligence applications. The investment will fund the construction and operation of two new......
Bank of America is reinforcing its presence in the technology dealmaking market by recruiting four experienced bankers from major financial institutions, according to internal communications reviewed by media outlets. The move reflects the bank’s broader strategy to expand its influence in technology-related......
Technology companies Oracle and OpenAI have reportedly abandoned plans to expand a major artificial intelligence data center project in Texas, highlighting the complex financial and strategic challenges surrounding large-scale AI infrastructure. The decision concerns a planned expansion in Abilene,......