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Analysis-Oracle, Blue Owl project delay sends ripples through AI financing, sources say
Reuters4h agoneutral
Analysis-Oracle, Blue Owl project delay sends ripples through AI financing, sources say

NEW YORK, Sept 24 () - Oracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico sent a chill through the trillion-dollar market for AI infrastructure financing, according to interviews with bankers and investors. Oracle issued a force majeure notice in ‌connection with Jupiter, a data center campus Blue Owl unit STACK Infrastructure is building to support OpenAI, the latest setback for a sector where lenders and ‌investors are

Investing.com8h agoneutral
OpenAI’s former head of data centers joins Nvidia

Investing.com -- Chris Malone, OpenAI's former head of data centers, joined Nvidia as vice president of the company's DSX Platform this month, according to his LinkedIn profile. The DSX division helps customers design and build AI data centers according to Nvidia's specifications.

CNN, MS NOW and Politico sue Trump, challenging White House ban
Reuters3d agoneutral
CNN, MS NOW and Politico sue Trump, challenging White House ban

WASHINGTON, Sept 21 (Reuters) - CNN, MS NOW and Politico sued President Donald Trump and other members of his administration on Monday for banning them from White House grounds, saying the action violated their rights to free speech and a free press under the US Constitution's First Amendment. The news outlets are seeking a temporary restraining order to block Trump's action in federal court in Washington, D.

Paramount settles with US states to clear Warner Bros. mega-merger
AFP3d agoneutral
Paramount settles with US states to clear Warner Bros. mega-merger

Paramount has reached a settlement with a group of US states that clears the way for its takeover of Warner Bros.Paramount, which is run by David Ellison, whose ultra-wealthy family has ties to US President Donald Trump, won a bidding war in February for control of a stable of assets, including Warner Bros.

Investing.com5d agoneutral
AI risk debate: Existential threat or dangerous tool?

Investing.com -- Concerns about artificial intelligence are shifting from hypothetical extinction scenarios toward evidence that increasingly capable models can already be used for weapons development and cyber operations, according to Yardeni Research.

SoftBank Raises Arm Margin Loan to $25 Billion as AI Bets Grow
Bloomberg6d agoneutral
SoftBank Raises Arm Margin Loan to $25 Billion as AI Bets Grow

SoftBank Group Corp. has increased its margin loan backed by shares of its chip unit Arm Holdings Plc by $5 billion to $25 billion, according to people familiar with the matter, as the conglomerate finds ways to fund its expanding investments in artificial intelligence.

SpaceX Moves on Musk Comments; Oracle Drops on Ellison Plan | Stock Movers
Bloomberg10d agobearishVIDEO
SpaceX Moves on Musk Comments; Oracle Drops on Ellison Plan | Stock Movers

On this episode of Stock Movers: - Baldwin (BWIN) shares are moving as Michael Dell's family office and Sequence Holdings teamed up to acquire Baldwin Insurance Group Inc. in an all-cash deal valued at $7.7 billion. - SpaceX (SPCX) shares are moving after the Chief Executive Elon Musk said Sunday on social media platform X that he is "highly confident" the company will launch Nvidia's (NVDA) Vera Rubin NLV72 artificial intelligence computers in space next year. - Oracle (ORCL) shares are lower as Chairman Larry Ellison canceled his plan to sell as many as 50 million shares in the tech company, a holding worth $7.5 billion.

What to expect ahead of the Fed's September interest rate decision
Yahoo Finance Video10d agoneutralVIDEO
What to expect ahead of the Fed's September interest rate decision

The Federal Reserve will announce its policy decision on Sept. 16, with expectations of a rate hike amid elevated inflation and CPI prices. Kevin Gordon, Head of Macro Research and Strategy at the Schwab Center for Financial Research, and Yahoo Finance Senior Business Reporter Ines Ferré join Yahoo Finance Executive Editor Brian Sozzi to discuss the potential consequences of a rate hike.