Cipher Says Goodbye to Mining: $3.73 Billion Raised as It Bets Big on AI Infrastructure
Cipher Mining becomes Cipher Digital, sells bitcoin assets, raises $3.73B, and signs 600 MW HPC leases with AWS and Google.
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Activist Irenic Takes Aim at Ralliant: Demands Cost Cuts, Bigger Buybacks, and Defense Focus
Activist hedge fund Irenic Capital has taken a 2% stake in precision tech company Ralliant and is urging cost cuts, faster stock buybacks, and a sharper focus on its strong defense and sensors business to boost performance.
Apple Boosts U.S. Chip Purchases: TSMC Arizona Plant Secures Major Order, Stock Hits Record High
Apple plans to purchase well over 100 million chips from TSMC’s Arizona factory in 2026—a major increase that signals strong demand for advanced U.S.-made semiconductors and has pushed TSMC shares to record highs.
Claude + TurboTax + Real Lawyers: The Partnership Wall Street Didn’t See Coming
Intuit, LegalZoom, Docusign & Intapp all teamed up with Anthropic. Custom AI agents, real lawyers in chat, and smarter contracts – turning AI fear into stock gains.
Meta Bets Big on AMD: $60B AI Chip Pact Plus Option for 10% Ownership
AMD seals a huge multi-year agreement with Meta to supply up to $60 billion in AI chips, including 6 gigawatts of powerful GPUs and custom CPUs. The deal boosts AMD's position in the AI race and includes stock options for Meta.
SambaNova's SN50 Chip Promises 3x Lower Costs for Agentic AI – Teams Up with Intel, Raises $350M+
SambaNova Systems launches the powerful SN50 AI chip for fast, efficient "agentic" AI, teams up with Intel for better alternatives to Nvidia GPUs, and secures over $350 million in funding to scale up.