Uber Becomes Major Lucid Shareholder: 35,000 Self-Driving Cars Coming
Uber just raised its stake in Lucid to 11.5% with a $500 million investment and expanded its robotaxi order from 20,000 to 35,000 vehicles.
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Fertitta Extends Exclusive Talks to Buy Caesars in $18 Billion Deal
Billionaire Tilman Fertitta is in exclusive talks to buy Caesars Entertainment for $18B. The deal would create a large, integrated casino and restaurant empire.
Tesla Brings Robotaxi to Two New Cities, But Good Luck Finding One
Tesla added Robotaxi to Dallas & Houston, but there's only 1 car in each city so far. Service is very limited and hard to get. Expansion is moving slowly.
Jack Daniel’s Family Prefers French Buyer Over American Rival
Jack Daniel’s owner prefers selling to French company Pernod Ricard over American rival Sazerac. They want better brands, more influence, and to keep Louisville important.
Google in Talks with Marvell to Develop New AI Chips for Faster Inference
Google is in talks with Marvell Technology to develop a new memory processing unit and an inference-optimized TPU to power its AI models more efficiently.
DOJ Prepares Antitrust Lawsuit Against Big Egg Producers Over Price Coordination
DOJ may sue Cal-Maine Foods and Versova for possibly coordinating to keep egg prices high during bird flu shortages.