Hacker News with Generative AI: Investments

Ubisoft's $4B carveout sells Tencent a 25% stake in some of its biggest games (theverge.com)
Tencent will invest $1.3 billion in a new entity controlling Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six.
SpaceX reportedly has a secret backdoor for Chinese investment (techcrunch.com)
Elon Musk’s rocket company SpaceX has allowed Chinese investors to buy stakes as long as the funds are routed through the Cayman Islands or other offshore hubs, according to reporting from ProPublica.
Gold ETFs Inflow Takes over Bitcoin ETFs Amid Historic Rally (coindesk.com)
Gold exchange-traded funds (ETFs) have overtaken bitcoin ETFs in assets under management as investors shift toward the traditional safe-haven asset as BTC price tumbled more than 19% over the past three months, while the precious metal climbed 12.5%.
Schneider Electric pumps $700M into US ops as AI datacenter demand surges (theregister.com)
Schneider Electric plans to spend $700 million through 2027 to expand its US operations and bolster the supply of its power equipment necessary to sustain the proliferation of AI datacenters.
Gitlab is sued by its own investors over misleading AI hype (theregister.com)
For the third time in five months, GitLab or its execs have been sued over allegedly misleading investors about AI capabilities and demand.
Tesla (TSLA) accounting raises red flags as report shows $1.4B missing (electrek.co)
Tesla’s (TSLA) accounting practices are raising red flags as a new report from the Financial Times shows that $1.4 billion is missing.
California Pension Fund Labels Chevron and Saudi Aramco as Climate Investments (financialpost.com)
The US’s largest pension fund has classified more than $3 billion of holdings in oil drillers, coal miners, and other major greenhouse gas producers as climate-friendly investments, according to a new analysis of public records.
Chinese investors privately take stakes in Elon Musk's companies (ft.com)
Chinese investors privately take stakes in Elon Musk's companies (ft.com)
Solar crushed 2024, but emissions were up as industry used more natural gas (techcrunch.com)
The U.S. invested a record-breaking $338 billion in the energy transition last year, according to a new report, but it wasn’t quite enough to lessen the country’s overall carbon emissions.
TSMC expected to announce $100B investment in U.S. (wsj.com)
WASHINGTON—Taiwan Semiconductor Manufacturing Co. plans to invest at least $100 billion more in chip-manufacturing plants in the U.S. over the next several years under a plan announced Monday by the company and President Trump.
China's Alibaba to invest US$50B in AI, cloud computing (channelnewsasia.com)
Chinese tech giant Alibaba said on Monday (Feb 24) it will spend more than US$50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting President Xi Jinping.
Apple will spend more than $500B in the U.S. over the next four years (apple.com)
Apple today announced its largest-ever spend commitment, with plans to spend and invest more than $500 billion in the U.S. over the next four years.
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.