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AMD to invest up to $5 billion in Anthropic, WSJ reports
Reuters31d agoneutral
AMD to invest up to $5 billion in Anthropic, WSJ reports

Advanced Micro Devices has signed a deal with artificial intelligence ‌startup Anthropic for tens of billions ‌of dollars worth of AI servers and will invest ​up to $5 billion in the company, the Wall Street Journal reported on Tuesday. Industry executives have said 1 gigawatt of computing power, enough to power ​roughly 750,000 ​U.S. homes, can ​cost around $50 billion.

Joby Aviation shares climb on exclusive UK air taxi partnership with Virgin Atlantic (NYSE:JOBY)
InvestorsHub31d agobullish
Joby Aviation shares climb on exclusive UK air taxi partnership with Virgin Atlantic (NYSE:JOBY)

Virgin Atlantic to become exclusive UK airline partnerJoby Aviation (NYSE:JOBY) shares gained 4% on Wednesday after the electric aircraft developer announced a long-term partnership with Virgin Atlantic to introduce commercial air taxi services across the United Kingdom. The agreement, unveiled during the Farnborough International Airshow, names Virgin Atlantic as Joby’s exclusive airline partner for UK air taxi operations.

Bloomberg31d agobullish
NovaGold to Buy Billionaire Paulson’s Stake in Alaska Gold Mine

(Bloomberg) -- NovaGold Resources Inc. agreed to acquire billionaire investor John Paulson’s 40% stake in the Donlin Gold project in Alaska, giving the company full ownership of a giant undeveloped bullion mine.Most Read from BloombergTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Extends Pardons to Companies, Echoing a 17th Century KingSpaceX Set to Unlock $116 Billion in Shares After IPO Restrictions Li