Uber Ditches Oracle & Google to Use Amazon’s Custom AI Chips
Uber is increasing its use of AWS cloud services, expanding with Amazon’s Graviton processors and testing Trainium3 AI chips. A major shift from Oracle and Google Cloud.
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#Event-Driven Stocks↓
Bed Bath & Beyond Buys Lumber Liquidators & Cabinets To Go in $150 Million Deal
Bed Bath & Beyond is buying F9 Brands to offer cabinets, flooring & more, making home projects easier with one-stop shopping.
Paramount Skydance Lands Billions From Saudi, Qatar & Abu Dhabi Wealth Funds in WBD Mega-Merger
Paramount gets $24B from Middle East funds to buy WBD, keeps control, offers perks to shareholders, deal aims to close in 2026.
Intel Joins Elon Musk’s Massive Terafab AI Chip Project
Intel teams up with Elon Musk on “Terafab” to build super-fast chips for Tesla, SpaceX, and AI, aiming 1 TW of yearly compute power.
Xponential Fitness Explores Sale or Merger to Maximize Shareholder Value
Xponential Fitness is exploring options like a sale or merger to boost shareholder value and adds Nicole Haughey to its board.
Broadcom and Google Team Up to Power Anthropic’s AI Growth
Broadcom teams up with Google to supply custom AI chips through 2031 and provide Anthropic 3.5 gigawatts of computing power.