Blackstone Digital Infrastructure Trust raised $1.75B in its US IPO, selling 87.5M shares at $20 each, and plans to acquire data centers worth $250M to $1.5B — Blackstone Digital Infrastructure Trust Inc. raised $1.75 billion in a US initial public offering, as investors' appetite …
Foxconn reports Q1 revenue up 29% YoY to ~$67B and net profit up 19% YoY to ~$1.6B, meeting est., as it boosts AI server production, its largest revenue source — Cloud and networking products—including AI servers—remained the company's largest revenue contributor
Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI — Alibaba Group Holding Ltd. posted its first operating loss since the depths of the Covid pandemic, underscoring the extent …
SoftBank reports Q4 net income up 3x to ~$11.6B, above ~$1.5B est., driven by a $25B gain in its OpenAI stake; by October, its OpenAI investment will hit $64.6B — Japanese group books net income of $11.6bn in fourth quarter, vastly ahead of analyst expectations
Sources: the Trump administration is quietly debating whether to ban Chinese-made cellular modules, as the US FCC pushes measures to reduce Beijing's threats — FCC chair Brendan Carr cracks down on goods from drones to routers despite trade thaw with Beijing
Dua Lipa files a $15M lawsuit against Samsung, alleging that it used her likeness to sell TVs without paying her and without permission starting in 2025 — Dua Lipa has filed a $15 million lawsuit against Samsung, alleging that the electronics manufacturer used her likeness to sell TVs without paying her and without permission.
A profile of Anduril CEO Brian Schimpf, a Palantir alum and self-identified Democrat, as Anduril's defense tech shakes up the US military-industrial complex — “The question isn't whether we can build the next Lockheed Martin, it's whether we can avoid becoming the thing we're trying to replace …
Sources: Apple is working on a “slight redesign” for macOS 27 to address Liquid Glass issues, plans a feature to automatically group Safari tabs in “27” OSes — Also: The latest on iOS 27 and the truth about the Vision Pro. — Apple is planning design changes …
Most of the tech on display at this year's Border Security Expo was autonomous and AI-equipped, driven by the Trump administration's focus on US border security — Rapid gains in artificial-intelligence technology bring new competitors into the business of securing the border
Experian says 40% of the 5,000 data breaches it serviced in 2025 were AI-powered, and predicts agentic AI will be the leading cause of data breaches in 2026 — A few months ago, I received a congratulations letter on my upcoming enrollment at the Ultimate Medical Academy in Tampa, Florida.
GM agrees to pay $12.75M to resolve a California investigation into claims that it illegally sold the location and driving data of OnStar subscribers to brokers — GM (GM.N) has agreed to pay $12.75 million to resolve a California investigation into allegations that the Detroit automaker illegally sold …
Sources: ByteDance plans to increase its 2026 capex to more than $30B, up at least 25% from a preliminary plan, amid the AI boom and rising memory chip costs — TikTok owner ByteDance is ramping up its spending on artificial intelligence infrastructure, boosting its planned capital expenditure …
OpenAI, Anthropic, and Google's enterprise push with PE firms poses a new competitive threat to India's IT industry, as services become increasingly automatable — On Wall Street, the announcements sounded like the next phase of the artificial intelligence (AI) boom: frontier model companies …
Sales of PC motherboards are expected to fall 25%+ YoY in 2026, as PC users delay their upgrades amid AI-driven price surges for memory, storage, and processors — Fewer people are buying parts and building new PCs from scratch. … Motherboard sales are now collapsing amid unprecedented shortages fueled …
Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom — Shares of Datadog Inc. popped after the application monitoring software firm crushed Wall Street's expectations …
Subrat Patnaik / Bloomberg : Blackstone Digital Infrastructure Trust raised $1.75B in its US IPO, selling 87.5M shares at $20 each, and p...
