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Nvidia locks in $20 billion Groq deal, securing AI chip rival's technology and talent

Nvidia's $5 billion Intel investment already worth $7.58 billion as AI chips partnership takes shape

SoftBank Acquires DigitalBridge for $4 Billion to Expand Data Centers Amid AI Boom

AI Boom Creates Over 50 New Billionaires as Startup Investment Surges Past $200 Billion

Nvidia locks in $20 billion Groq deal, securing AI chip rival's technology and talent

Nvidia has structured a $20 billion agreement with AI chip startup Groq that includes licensing the company's inference technology and hiring key executives like CEO Jonathan Ross. While technically not an acquisition, the deal gives Nvidia control over Groq's assets and expertise in low-latency AI processors, raising questions about whether this arrangement sidesteps antitrust scrutiny while consolidating Nvidia's dominance in AI hardware.

26 Sources

Nvidia's $5 billion Intel investment already worth $7.58 billion as AI chips partnership takes shape

Nvidia locked in a $23.28 per share price for Intel stock in September, which now trades at $36.68, delivering a $2.5 billion gain. The deal pairs Intel's manufacturing with Nvidia's AI infrastructure to develop next-generation chips for data centers and PCs, marking a strategic reset for Intel under CEO Lip-Bu Tan.

2 Sources

SoftBank Acquires DigitalBridge for $4 Billion to Expand Data Centers Amid AI Boom

AI Boom Creates Over 50 New Billionaires as Startup Investment Surges Past $200 Billion

OpenAI plans to monetize ChatGPT with ads as subscriptions fall short of covering costs

AI Demand Drives RAM Prices to Record Highs as Memory Shortage Threatens Device Market in 2026

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Today

Octopus Energy spins off AI unit Kraken at $8.65 billion, eyes public listing by mid-2026

British renewable energy startup Octopus Energy is spinning out its AI technology unit Kraken Technologies as a standalone company valued at $8.65 billion following a $1 billion funding round led by D1 Capital Partners. The Kraken spinoff sets the stage for a potential public listing by mid-2026, as the AI-native utility software platform serves over 70 million customer accounts across 27 countries.

2 Sources

Yesterday

Nvidia's $5 billion Intel investment already worth $7.58 billion as AI chips partnership takes shape

Nvidia locked in a $23.28 per share price for Intel stock in September, which now trades at $36.68, delivering a $2.5 billion gain. The deal pairs Intel's manufacturing with Nvidia's AI infrastructure to develop next-generation chips for data centers and PCs, marking a strategic reset for Intel under CEO Lip-Bu Tan.

2 Sources

26 Dec 2025

Oracle's AI spending spree triggers worst stock decline since 2001 as investor concerns mount

Oracle shares have plummeted 30% this quarter, marking the company's steepest decline since the dot-com crash. Wall Street grows skeptical as the software giant's aggressive AI push strains its balance sheet with $50 billion in planned capital expenditures and delayed OpenAI data center projects.

2 Sources

AI Boom Creates Over 50 New Billionaires as Startup Investment Surges Past $200 Billion

The artificial intelligence sector generated unprecedented wealth in 2025, minting more than 50 new billionaires as investors poured $202 billion into AI companies. From data labeling startups to AI agents replacing workers, founders saw their net worth surge to ten-figure amounts in record time, with some reaching billionaire status in less than three years.

5 Sources

Coforge to acquire AI-native firm Encora for $2.35 billion in largest Indian IT services deal

Indian IT services provider Coforge announced plans to acquire California-based AI firm Encora for $2.35 billion from private equity groups Advent International and Warburg Pincus. The technology services deal marks the largest acquisition in India's IT sector by deal value, surpassing HCL Technologies' $1.8 billion IBM products purchase in 2018. The combined entity expects to generate $2 billion in revenue by FY27.

7 Sources

24 Dec 2025

Nvidia locks in $20 billion Groq deal, securing AI chip rival's technology and talent

Nvidia has structured a $20 billion agreement with AI chip startup Groq that includes licensing the company's inference technology and hiring key executives like CEO Jonathan Ross. While technically not an acquisition, the deal gives Nvidia control over Groq's assets and expertise in low-latency AI processors, raising questions about whether this arrangement sidesteps antitrust scrutiny while consolidating Nvidia's dominance in AI hardware.

26 Sources

Snowflake eyes $1 billion Observe Inc deal to strengthen AI and monitoring capabilities

Snowflake is negotiating a $1 billion acquisition of application monitoring startup Observe Inc to expand its AI and observability capabilities. The deal would add advanced monitoring tools for AI applications to Snowflake's growing portfolio, following recent acquisitions of Select Star and TruEra. With $1.94 billion in cash and strong Q3 results, Snowflake continues its push into AI-driven analytics and cloud data management.

2 Sources

OpenAI plans to monetize ChatGPT with ads as subscriptions fall short of covering costs

OpenAI is developing an advertising strategy for ChatGPT that could prioritize sponsored content within the chatbot's responses. With 800 million weekly active users but only 35 million paying subscribers, the company faces mounting pressure to monetize its free user base. Internal discussions reveal plans for intent-based monetization and conversational ads that could launch as early as 2026.

5 Sources

23 Dec 2025

AI advertising is going invisible as ChatGPT and Meta build hyper-personalized ad systems

Major tech companies are developing AI advertising that blends seamlessly into user experiences, making it nearly impossible to distinguish recommendations from paid content. OpenAI is exploring ads for ChatGPT's 800 million weekly users, while Meta plans AI systems that generate personalized video content. The shift raises serious questions about transparency and consumer autonomy.

2 Sources

ServiceNow acquires Armis for $7.75 billion to build AI-powered cybersecurity shield

ServiceNow announced its largest acquisition to date, buying cybersecurity startup Armis for $7.75 billion in cash. The deal aims to create an end-to-end security operations platform that protects connected devices across IT, operational technology, and AI systems. With security spending projected to hit $240 billion in 2026, ServiceNow is betting that trust and comprehensive security visibility will determine who wins the enterprise AI market.

5 Sources

AI data centers force aging peaker power plants to cancel retirements amid power shortfalls

Surging electricity demand from AI is forcing obsolete peaker power plants back into service across the U.S. About 60% of oil, gas, and coal plants slated for retirement in the country's largest power grid postponed or cancelled those plans this year. The move raises environmental and social justice concerns as these fossil-fuel-fired plants disproportionately impact low-income communities of color.

3 Sources

AI Demand Drives RAM Prices to Record Highs as Memory Shortage Threatens Device Market in 2026

The AI infrastructure boom is creating a global RAM shortage that could reshape consumer electronics markets in 2026. IDC warns that smartphone prices may spike 5-10% for budget models, while the PC market faces a potential 9% contraction. Memory manufacturers are redirecting production from consumer devices to high-margin AI data center components, creating a supply crisis that analysts say could persist for years.

9 Sources

ByteDance ramps up AI spending to $23 billion as it chases US tech giants amid chip restrictions

TikTok parent ByteDance plans to invest $23 billion in artificial intelligence infrastructure in 2026, marking a significant increase from this year's spending. About half the budget will target advanced semiconductors for AI models, despite ongoing uncertainty over access to Nvidia chips due to U.S. export controls.

3 Sources

22 Dec 2025

Bank of America CEO says AI economic impact is accelerating as US growth forecast rises to 2.4%

Bank of America CEO Brian Moynihan told Bloomberg Television that AI is having an increasingly strong marginal impact on the US economy. The bank forecasts 2.4% GDP growth for 2026, up from 2% in 2025, with AI investments playing a bigger role. Despite concerns about an AI bubble, Moynihan sees limited economic risk due to the sector's narrow composition.

3 Sources

Satya Nadella Steps Up as AI Product Overseer Amid Copilot Performance Issues

Microsoft CEO Satya Nadella has openly criticized Copilot's integration with email platforms, calling it 'mostly unusable' and 'not smart enough.' He's now holding weekly meetings with 100 top engineers and stepping back from other duties to focus entirely on fixing Microsoft AI products. The move comes as Google Gemini outperforms Copilot in key areas, raising concerns about whether AI revenue will justify massive investments.

4 Sources

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