Hacker News with Generative AI: Investments

Hedge Funds Are Pocketing Much of Their Clients' Gains with 'No Limit' Fees (bloomberg.com)
In 2023, the main hedge fund at billionaire Dmitry Balyasny’s eponymous firm notched a gross return of 15.2%.
Amazon plans to spend $100B this year to capture once in a lifetime opportunity (cnbc.com)
OpenAI announces SoftBank partnership as fallout from DeepSeek continues (semafor.com)
OpenAI announced a joint venture with Japan’s SoftBank on Monday, with the investment giant spending $3 billion a year to use OpenAI software, in an apparent change of strategy following DeepSeek’s unexpected rise.
SoftBank Is Betting Billions That OpenAI's Agents Will Automate Work (gizmodo.com)
In what could be SoftBank’s newest trick to make ungodly amounts of money disappear, the Japanese investment firm will pay $3 billion a year to force companies in its portfolio to experiment with AI agents.
SoftBank in talks to invest up to $25B in OpenAI (ft.com)
RCA and the Roaring Twenties (globalfinancialdata.com)
When you think about the Roaring Twenties and the bull market that surged until 1929, the one stock that comes first in everyone’s mind is Radio Corporation of America.
Meta to spend up to $65B this year to power AI goals, Zuckerberg says (reuters.com)
Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers (apnews.com)
President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank.
Dutch pension funds divest from Tesla (ipe.com)
Dutch civil service scheme ABP and construction sector fund Bpf Bouw have both sold their shares in Tesla.
Microsoft to spend $80 billion on AI data centers this year (yahoo.com)
Microsoft Corp. plans to spend $80 billion this fiscal year building out data centers, underscoring the intense capital requirements of artificial intelligence.
Nvidia bets on robotics to drive future growth (ft.com)
Musk Chaos in Government Funding Process Protects His Chinese Investments (house.gov)
Earlier today, Congresswoman Rosa DeLauro (CT-03), Ranking Member of the House Appropriations Committee, sent a letter to congressional leadership raising concerns that Elon Musk may have upended the government funding process to remove a provision that would regulate U.S. investments in China.
OpenAI seeks to unlock investment by ditching 'AGI' clause with Microsoft (ft.com)
Indonesia rejects Apple's $100M investment to lift iPhone 16 sales ban (nikkei.com)
Indonesia says Apple's $100 million investment plan is not enough to end a sales ban on the iPhone 16 and that the company should consider investing in local manufacturing.
Amazon to invest another $4B in Anthropic (cnbc.com)
Apple expands iPhone satellite services deal, commits $1.1B to expand capacity (9to5mac.com)
Satellite services provider GlobalStar today disclosed an expansion of its deal with Apple. Apple will commit an additional $1.1 billion for upfront infrastructure prepayments, to increase the capacity of satellite services. Additionally, Apple will take 20% ownership of GlobalStar, in an equity deal worth about $400 million.
Apple is buying 20 percent of its iPhone satellite services partner (theverge.com)
Apple is taking a 20 percent stake in its iPhone satellite connectivity partner GlobalStar — a stake worth $400 million — as part of an expansion of its deal with the company.
Intel invests US$300M in China chip packaging and testing plant (scmp.com)
US semiconductor giant Intel said it would expand its chip packaging and testing base in Chengdu, in a show of commitment to the mainland market despite a recent call by a Beijing-backed cybersecurity group to review the company’s products.
Waymo closes $5.6B investment round (waymo.com)
Today, we’re excited to announce that we’ve closed an oversubscribed investment round of $5.6 billion, led by Alphabet, with continued participation from Andreessen Horowitz, Fidelity, Perry Creek,  Silver Lake, Tiger Global, and T. Rowe Price.
The AI Investment Boom (apricitas.io)
Last month, Microsoft made a high-profile announcement that it is paying to reopen reactor one at the Three Mile Island nuclear plant to meet the company’s growing data center power demand, joining Amazon as the second major US tech company to turn to legacy nuclear facilities for their increasing energy needs.
Amazon buys stake in nuclear energy developer in push to power data centres (ft.com)
OpenAI raises $6.6B and is now valued at $157B (techcrunch.com)
ChatGPT maker OpenAI has closed the largest VC round of all time.
Apple No Longer in Talks to Invest in ChatGPT Maker OpenAI (macrumors.com)
Apple has reportedly exited negotiations to invest in OpenAI, the company behind the popular ChatGPT AI chatbot, according to The Wall Street Journal.
Apple No Longer in Talks to Join OpenAI Investment Round (wsj.com)
Apple AAPL 0.12%increase; green up pointing triangle is no longer in talks to participate in an OpenAI funding round expected to raise as much as $6.5 billion, an 11th hour end to what would have been a rare investment by the iPhone maker in another major Silicon Valley company.
Sam Altman invested $180M into a company trying to delay death (technologyreview.com)
Can anti-aging breakthroughs add 10 healthy years to the human life span? The CEO of OpenAI is paying to find out.
BlackRock, Microsoft to Raise $30B for AI Investments (yahoo.com)
BlackRock and Microsoft plan $30B fund to invest in AI infrastructure (ft.com)
AI Exuberance Masks Broad Weakness in Tech Sector, Say Investors (ft.com)
Enthusiasm about artificial intelligence masks weakness across most of the technology sector, with many companies “still in a recession” following a slowdown that started in 2022, according to investors and analysis of recent financial reports.
OpenAI in Talks for Funding Round Valuing It Above $100B (wsj.com)
Sovereign Tech Fund, Significant Investment into FreeBSD (phoronix.com)