Navitas Buys Claros for $233M to Complete Grid-to-xPU Power Chain for AI
Navitas plans to acquire Claros to complete its grid-to-xPU power chain with VPD & IVR tech for AI data centers, doubling its 2030 market to over $8B.
Navitas plans to acquire Claros to complete its grid-to-xPU power chain with VPD & IVR tech for AI data centers, doubling its 2030 market to over $8B.
Deal expands smart parking leadership and cashless market by $85B, reaching $342B by 2029.
Zillow and Redfin settle FTC lawsuit over $100M deal. Redfin must relaunch ads in 6 months; partnership continues through 2030.
The agreement does not specify how the proceeds would be used.
Michael Burry sold his Alibaba stake for a large JD.com position, saying the stock must fall 50% and rejecting share issuances after the $10.2B AI raise.
Tesla receives approval to deploy up to 5,000 robotaxis in Clark County and prepares to launch its purpose-built Cybercab in Austin, Texas.