Hacker News with Generative AI: Investments

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, Satellite Services, Investments, Business

14 points by bookofjoe 15 days ago | 0 comments

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.

Apple, Satellite Communications, Technology, Business, Investments

5 points by jbernardo95 20 days ago | 2 comments

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.

China, Semiconductors, Investments, Technology, Business

6 points by alecco 24 days ago | 0 comments

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.

Investments, Autonomous Vehicles, Technology, Business

88 points by ra7 27 days ago | 212 comments

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.

Artificial Intelligence, Energy, Investments, Technology

278 points by m-hodges 32 days ago | 376 comments

Amazon buys stake in nuclear energy developer in push to power data centres (ft.com)

Amazon, Nuclear Energy, Data Centers, Business, Investments

139 points by JumpCrisscross 36 days ago | 345 comments

OpenAI raises $6.6B and is now valued at $157B (techcrunch.com)
ChatGPT maker OpenAI has closed the largest VC round of all time.

OpenAI, Artificial Intelligence, Investments, Business, Funding

6 points by gniting 50 days ago | 1 comments

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, OpenAI, Artificial Intelligence, Investments, ChatGPT

178 points by Kye 52 days ago | 74 comments

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.

OpenAI, Investments, Apple, Technology, Silicon Valley

98 points by mfiguiere 54 days ago | 108 comments

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.

Biotechnology, Longevity, Investments, Venture Capital

5 points by olalonde 56 days ago | 0 comments

BlackRock, Microsoft to Raise $30B for AI Investments (yahoo.com)

Artificial Intelligence, Business, Finance, Investments

17 points by gmays 63 days ago | 4 comments

BlackRock and Microsoft plan $30B fund to invest in AI infrastructure (ft.com)

Artificial Intelligence, Finance, Investments, Technology, Cloud Computing

10 points by marban 64 days ago | 0 comments

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.

Artificial Intelligence, Technology, Finance, Investments, Recession

6 points by 1vuio0pswjnm7 73 days ago | 1 comments

OpenAI in Talks for Funding Round Valuing It Above $100B (wsj.com)

Artificial Intelligence, Business, Investments, Funding, OpenAI

60 points by htrp 85 days ago | 71 comments

Sovereign Tech Fund, Significant Investment into FreeBSD (phoronix.com)

FreeBSD, Operating Systems, Investments, Technology

4 points by BSDobelix 87 days ago | 0 comments

Elon Musk's X reveals investors in court filing (washingtonpost.com)

Elon Musk, Lawsuits, Investments, Business

13 points by mmastrac 87 days ago | 1 comments

Baijiu Meets Binary: Why Moutai is Investing in Semiconductors (chinatalk.media)