CNBCBusiness
Apollo, banks in talks to finance SpaceX's $40 billion Nvidia GPU purchase
Since SpaceX's record-breaking IPO in June, rates have sold off, and yields on its bonds have risen, along with other AI-related bonds.
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The VergeTechnology
Paramount and Warner Bros. Discovery complete $110 billion media megamerger
Paramount has completed its $110 billion acquisition of Warner Bros. Discovery, forming a combined company known as Skydance. The merger officially puts Paramount and WBD's film studios, along with major networks and brands like HBO, CBS News, and CNN, under one roof. The road to the media megamerger has been a rocky…
CNBCBusiness
Trade deficit hits $105.6 billion, widest since just before Trump tariffs enacted last year
That marked a 13.7% jump from July and was ahead of the Dow Jones consensus estimate for $102 billion.
CNBCBusiness
DeepSeek considers doubling latest funding round to up to $15 billion, sources say
China's DeepSeek weighs upsizing funding round to up to $14.9 billion, sources tell CNBC, and the final amount could still change in final talks.
BBC NewsWorld
Europe is pouring billions into space. Can Glasgow's satellite industry keep up?
The city's space boom raises questions about the role of the state in backing important industries.
CNBCBusiness
Anduril lands $2.9 billion Navy submarine shipyard contract days after CEO joins Pentagon weapons group
Defense tech leaders are gaining sway in Washington in President Donald Trump's military reindustrialization push
TechCrunchTechnology
AI computing startup Lambda to raise $4B ahead of planned IPO
Nvidia-backed Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation ahead of a planned 2027 IPO, led by Coatue and Blackstone.
The VergeTechnology
Google invests millions in Mark Zuckerberg’s efforts to create a ‘virtual cell’
Google DeepMind, Meta, and AI drug discovery startup Isomorphic Labs are jointly investing $300 million into Biohub, the nonprofit biomedical research organization founded by Mark Zuckerberg and his wife, Priscilla Chan, as reported by Reuters. The funding is part of a $1.8 billion initiative to build AI datasets that…
The VergeTechnology
AI could upend food delivery
DoorDash, the leading food delivery app, processed 970 million orders in its second quarter this year and generated $4.5 billion in revenue. A 10-person startup called Bites is a blip in comparison: It has just around 300 restaurants signed up in the Bay Area, where it's operating as a pre-seed startup. But this…
The VergeTechnology
HBO Max and Paramount Plus will merge into a single streamer under Skydance
HBO Max and Paramount Plus will become one streaming service under Paramount's $110 billion acquisition of Warner Bros. Discovery. In a press release announcing the completion of the deal, Skydance - the name of the combined companies - says both streamers will "unify into a single service over time." Skydance CEO…
The New York TimesScience
National Science Foundation Diverted $1.4 Billion in Science Funds Mandated by Congress
The move, affecting about one-fifth of the National Science Foundation’s primary research budget, is the latest sign of how the White House is asserting more control over grants.
ESPNSports
How a mass Man City player exodus would warp the transfer market
If Manchester City are punished by being relegated from the Premier League, group of players worth more than £1 billion in transfer fees would suddenly become available.
The New York TimesScience
A Supreme Court Battle Over Climate Change Begins
The justices are about to hear a lawsuit that could determine whether the oil industry faces billions of dollars in liability for damages caused by global warming.
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