What Happened: Platinum Equity created the continuation vehicle in 2021 specifically to move USS from one of its older private equity funds into a new fund. The Valuation: The maneuver valued USS at a ...
Amazon.com said it will invest $50 billion to expand artificial intelligence and high-performance computing capabilities for its cloud business’ U.S. government customers. The investment will add ...
Germany is pressing the European Union to strike a last-minute deal to let the UK access the bloc’s massive defense fund before a deadline at the end of the month. The two sides are arguing over how ...
TL;DR: The research highlights the trade-offs between user convenience and privacy, particularly for products with massive global audiences that rely on streamlined onboarding flows. Although Meta has ...
Investors have grown more concerned over the run-up in tech stocks and valuations of private AI companies, stoking fears of a bubble. In October, WSJ used three charts to explain what is behind Wall ...
Toyota confirms $10-billion U.S. investment over five years, resolving confusion from Trump’s comments about the automaker’s plans. The company’s new North Carolina battery plant opens, expected to ...
Toyota on Wednesday said it plans to invest up to $10 billion in its U.S. manufacturing operations over the next five years. Earlier this year, the Japanese automaker also pledged to invest $14 ...
The Mega Millions jackpot is approaching $1 billion dollars after there were no big winners in Tuesday’s drawing. The estimated prize for Friday’s drawing is $965 million – the eighth largest since ...
Kraken Bond, a manufacturer of specialized adhesives and sealants, is aligning its product development to meet sustained demand in the U.S. home improvement market, where annual spending remains above ...
WASHINGTON, Nov 7 (Reuters) - The U.S. Supreme Court on Friday allowed President Donald Trump's administration to withhold for now about $4 billion needed to fully fund a food aid program for 42 ...
OpenAI has committed to buying billions of dollars worth of compute from AWS—the latest in a string of major deals brokered by the AI startup. OpenAI has signed a multi-year deal with Amazon to buy ...