Microsoft's AI Spending Spree: $35B Investment Sparks Investor Concerns
Microsoft spent $34.9B on AI infrastructure in Q1, beating estimates but worrying investors about costs. Azure grew 39% as cloud business booms despite spending concerns.
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Uber Teams Up with Lucid and Nuro to Launch Robotaxis in San Francisco
Uber is entering direct competition with Waymo by launching driverless rides in the San Francisco Bay Area next year, using Lucid Gravity SUVs equipped with Nuro's tech.
AST SpaceMobile Partners with stc Group for Satellite-Direct Phone Service Across Saudi Arabia and MENA Region
AST SpaceMobile and stc group announce 10-year deal to bring direct-to-device satellite connectivity to Saudi Arabia and MENA, eliminating coverage gaps with space-based 5G/4G LTE service starting Q4 2026.
Jamf to Go Private in $2.2 Billion Francisco Partners Deal
Francisco Partners acquires Jamf in $2.2B all-cash deal at $13.05/share. Apple management software firm expects Q1 2026 close, maintains Minneapolis headquarters.
SK Hynix Predicts Memory Chip 'Supercycle' as Micron Stock Surges on AI Demand
SK Hynix sells out 2025 chip production, posts record $8B profit, forecasting memory supercycle from AI boom. Micron shares rise 2.9% as analysts predict strongest DRAM pricing since 1990s.
Trump to Discuss Nvidia's Blackwell AI Chips with Xi as Company Nears Historic $5 Trillion Valuation
President Trump will discuss Nvidia's advanced Blackwell AI chips with President Xi Jinping as the chipmaker approaches a $5 trillion market cap, potentially reshaping U.S.-China tech relations and AI trade dynamics.