David Faber / CNBC : Nvidia has agreed to buy AI chip startup Groq for $20B in cash, according to Alex Davis, CEO of Disruptive, which le...
Nvidia has agreed to buy AI chip startup Groq for $20B in cash, according to Alex Davis, CEO of Disruptive, which led Groq's latest financing round in September — Nvidia has agreed to buy Groq, a designer of high-performance artificial intelligence accelerator chips, for $20 billion in cash …
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Analysis: Oracle has moved $66B of debt for building AI data centers off its balance sheet using SPVs; Meta has moved $30B, xAI moved $20B, and CoreWeave $2.6B — Creative financing helps insulate Big Tech while binding Wall Street to a future boom or bust
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The Trump administration's travel ban on five Europeans includes researchers working to tackle online disinformation and abuse, like CCDH founder Imran Ahmed — The Trump administration said five regulators and researchers who work to tackle disinformation and abuse on the internet had been barred from entering the United States.
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Beijing-based DP Technology, which develops AI tools used by researchers for tasks like computer-aided drug design and battery design, raised a ~$114M Series C — The Beijing-based AI-for-Science firm said the Series C round would fund hiring and R&D, as interest grows in using AI to speed up scientific discovery
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Sources: OpenAI staff discussed prioritizing sponsored content in ChatGPT when users ask relevant queries and created mockups with ads in sidebars or as pop-ups — OpenAI executives have kept a tight lid on how the company could show advertisements to users of its popular ChatGPT chatbot …
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The EU warns of possible action after the US imposes travel bans on five Europeans, saying it will defend its “regulatory autonomy against unjustified measures” — The European Union's executive on Wednesday warned that it would take action against any “unjustified measures” …
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Sources: Nvidia tested Intel's 18A to make chips but stopped moving forward; interviews with 20+ people describe how dealmaker Lip-Bu Tan gave Intel a lifeline — It was a Thursday before dawn in Silicon Valley when Intel CEO Lip-Bu Tan found himself under attack by the president of the United States.
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AST launches its largest-ever satellite from India, hosting the BlueBird Block-2, the first in a series of deployments to challenge SpaceX in satellite internet — Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing.
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Italy's antitrust authority orders Meta to suspend contractual terms that bar rival AI chatbots from WhatsApp; Meta calls the decision “fundamentally flawed” — Italy's antitrust authority (AGCM) on Wednesday ordered Meta Platforms (META.O) to suspend contractual terms …
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Chainalysis and TRM Labs estimate that $2.7B was stolen in crypto in 2025 in total, up from $2.2B in 2024; the biggest hack was the $1.4B breach at Bybit — Cybercriminals stole $2.7 billion in crypto this year, a new record for crypto-stealing hacks, according to blockchain-monitoring firms.
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