Robinhood stock slides despite beat as crypto revenue drops
The brokerage topped estimates overall, but crypto trading revenue fell 38% year over year and weighed on sentiment.
Archive
Category: AI Investment & Business
Venture capital, AI startup funding, industry trends, and business implications
Brookfield and NextEra plan $100B Kentucky AI data center
The 1.2GW-plus campus would rise on a former uranium-enrichment site near Paducah, with operations targeted for 2032.
Recursive Superintelligence signs $410M AWS compute deal
The agreement highlights how quickly capital is concentrating around AI infrastructure even before most frontier products reach mass markets.
Cyera to acquire Oasis Security for $1B to protect AI agents
The deal expands Cyera’s data-security platform as enterprises race to protect agentic workloads and sensitive automated systems.
Microsoft Q4 revenue rises 18% to $90.1B; Azure tops $100B
Microsoft delivered stronger-than-expected fourth-quarter results, with cloud growth accelerating and Copilot seats topping 30 million.
Meta reports Q2 revenue up 28% to $60.8B; META drops 8% after hours
Meta beat on Q2 revenue but guided below estimates for Q3, while free cash flow collapsed 91% and capex rose to as much as $145B.
Meta reports Q2 revenue up 28% to $60.8B; META drops 8% after hours
Meta beat on Q2 revenue but guided below estimates for Q3, while free cash flow collapsed 91% and capex rose to as much as $145B.
Saudi prince takes a 5 percent stake in Lucid Motors
Prince Al Waleed bin Talal bought more than 19 million Lucid shares, lifting Saudi ownership of the EV maker as takeover talk swirls.
Recursive Superintelligence signs $410M AWS compute deal
Richard Socher's lab committed $410M to AWS — most of its $650M raise — to scale self-improving AI.
Core Scientific lands AMD AI deal as bitcoin mining fades
Core Scientific's Q2 revenue doubled on AI colocation as it plans a multi-gigawatt buildout with AMD.