Business, technology and what comes next.
NextNow / Archive
The UAE-led round values Elon Musk’s tunneling company at $23 billion and links fresh capital to more than 150 kilometers of planned underground infrastructure.
Texas is auditing data-center grid requests and weighing tougher conditions, turning AI infrastructure growth into a test of power, water and public legitimacy.
Waymo’s simultaneous Denver, San Diego and Tampa launches extend its commercial service to 14 U.S. cities and put its newer Ojai vehicle into two more markets.
Microsoft says Exchange Online mail flow and search have recovered after an authentication-linked outage, while validation continues across other Microsoft 365 services.
The convertible-bond investment ties MediaTek’s custom silicon to Nvidia’s data-center architecture across cloud systems, PCs and vehicles.
OpenAI, Anthropic, Google, Microsoft and security vendors issued a collective-defense framework aimed at companies, governments and frontier labs.
The $1.1 billion fund treats AI as an industrial buildout that extends from semiconductors and networking to robotics and home appliances.
The $926 million facility is tied to infrastructure for an investment-grade customer, blending cloud demand with structured finance.
The cloud provider will deploy Blackwell and Rubin chips in 2027 and 2028 as the companies extend their alliance across the AI stack.
Alibaba’s June-quarter results show AI cloud and compute revenue climbing 45% as nearly $10 billion in capital spending and other factors pressure cash flow and profit.
