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The financing scaffolding around AI infrastructure keeps growing. Bloomberg reported on Sunday that Meta Platforms is working with Morgan Stanley and JPMorgan Chase on a financing package of roughly $13bn for a single data centre in El Paso, Texas. If completed at the size discussed, it would be one of the largest single-site digital-infrastructure financings […]
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After four years of litigation, Elon Musk has agreed to pay a $1.5m civil penalty over his late 2022 Twitter stake disclosure. The harm to other shareholders, the SEC alleged, was $150m. Elon Musk has, after nearly four years of litigation, settled the Securities and Exchange Commission’s case against him over his late disclosure of […]
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Bloomberg reports Apple is in early-stage discussions with Intel and Samsung about producing some of its M-series chips. The talks are exploratory; the signal is significant. Apple’s silicon strategy has, for nearly a decade, run on a single foundry relationship. Bloomberg reported on Tuesday that the company is now exploring early-stage discussions with Intel and […]
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Apple explores Intel and Samsung for chipmaking, ending TSMC’s solo run on M-series Read More »
Three months after a $30bn multi-currency raise, Google’s parent is back. The euro tranches expand one of the most active corporate borrowing programmes of the AI cycle. Three months after raising more than $30bn in a multi-currency global debt issue, Alphabet is back at the bond market. Bloomberg reported on Tuesday that Google’s parent has […]
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Three months after raising $30bn, Alphabet taps the euro market again Read More »
Pinterest reported its first billion-dollar quarter last week. Revenue hit $1.008 billion in the first three months of 2026, up 18 per cent year on year, with monthly active users reaching 631 million for the tenth consecutive quarter of double-digit user growth. The stock jumped on guidance that projects second-quarter revenue of $1.133 billion to […]
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Denmark generates more than 80 per cent of its electricity from renewable sources. Its wind farms, both onshore and offshore, have made the country a global model for clean energy transition. Its grid operator, Energinet, has spent decades building the infrastructure to support a decarbonised power system. In March, Energinet paused all new grid […]
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Denmark built Europe’s cleanest grid. AI data centres are overloading it. Read More »
Every major government now has an AI strategy. Most involve pilot programmes, task forces, and multi-year roadmaps that promise transformation without specifying a deadline. Dubai has taken a different approach. On Sunday, Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum launched an initiative to transition the emirate’s entire private sector toward agentic AI […]
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Every government has an AI strategy. Dubai just gave its private sector a deadline. Read More »
Apple has spent more than a decade trying to get every gym, cinema, airline, and transit system on Earth to build native passes for its Wallet app. Most have not. The gym down your street still gives you a QR code in a standalone app. The cinema chain still emails you a PDF. The local […]
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Katie Haun has raised $1 billion for two new venture funds at Haun Ventures, split evenly between early and later-stage vehicles to be deployed over the next two to three years. The capital will go into crypto and blockchain companies, which have been the firm’s focus since Haun left Andreessen Horowitz in 2022 to […]
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There are more than 8,000 active satellites in orbit. By 2030, there will be more than 25,000. A single geomagnetic storm, the kind the sun produces several hundred times during a solar maximum, could cost the satellite industry $40 billion. In February 2022, a moderate storm knocked 40 freshly launched Starlink satellites out of orbit, […]
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