Company news, deals, startups and leadership in brief.
Akamai Technologies signed a seven-year, $11.6 billion cloud computing agreement with Anthropic on September 24. The deal supports Anthropic’s growing CPU workload demand through Akamai Cloud’s distributed infrastructure. The agreement could expand…
Bank7 Corp. agreed to acquire Century Financial Services Corporation for about $137.3 million in a cash-and-stock transaction. The deal, announced September 17, would give Bank7 full ownership of Century and expand its…
Porsche CEO Michael Leiters told employees Monday that the company has no plans to cut another 4,000 jobs. He made the statement in an internal memo after reports suggested Volkswagen was considering…
Robinhood Ventures Fund I invested about $25 million in Crusoe through its $3.9 billion Series F round. The deal closed August 31 and values the AI infrastructure company at $30.9 billion. Crusoe…
Anderon, an IBM subsidiary, finalized a $1 billion U.S. Commerce Department award under the CHIPS and Science Act on Wednesday. The funding will support research and development at Anderon’s 300-millimeter quantum wafer…
Tether has provided about $1.5 billion in financing to a U.S. precious-metals dealer, expanding its role in physical gold markets. The financing makes Tether a significant lender to the bullion trade as…
Meta CEO Mark Zuckerberg pushed back Tuesday against calls for a coordinated slowdown in artificial intelligence development. He said individual AI labs have both responsibility and incentives to manage safety risks themselves.…
Washington is pressing Mexico to adopt stricter sourcing rules for AI hardware under the USMCA. The proposal would limit components from outside North America in servers and related equipment made in Mexico.…
Altera has confidentially filed for a U.S. initial public offering, moving the Intel- and Silver Lake-backed chipmaker closer to public markets. The company confirmed the filing Tuesday but did not disclose the…
Former Google DeepMind research engineer Bilal Chughtai warned on Sept. 14 that artificial intelligence could potentially kill all humans. Chughtai left DeepMind in July after working on AGI safety and alignment research.…
Broadridge Financial Solutions has expanded its digital assets platform to U.S. wealth firms, the company announced Sept. 14. The NYSE-listed firm said broker-dealers, registered investment advisers and wealth managers can offer cryptocurrencies…
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