Microsoft and OpenAI have announced a multiyear, multibillion-dollar partnership. They didn't say how much money has swapped hands but did set out what they hope to gain from the partnership.
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Microsoft could be looking to invest up to $10 billion into OpenAI to help it further develop AI technology like ChatGPT. While the investment would help, the company has some demands.
Foxconn is investing $500M in India to expand its iPhone manufacturing hubs in the country as Apple tries to increase its production in India to reduce reliance on China amid supply shortages.
Amid multiple instances of layoffs, Amazon's cloud computing unit AWS is planning to invest €2.5 billion in Spain over the coming 10 years. This will support 1,300 full-time jobs in the country.
Meta has reportedly killed off its Portal display business completely instead of repositioning it as an enterprise category. Investment is being winded down on its smartwatch project too.
Amazon has announced the new AWS Europe (Zurich) Region, based in Switzerland. Through 2036, investments from the firm will support 2,500 full-time external jobs annually, according to a study.
Amazon is putting €1 billion into its European operations to help it reach its net-zero goal by 2040. This plan will see it switch to using electric vans and HGVs and expand low-emission package hubs.
Brookfield Infrastructure will provide $15 billion in funding to Intel to help the latter expand its Ocotillo campus in Chandler, Arizona. It will help Intel diversify its supply of semiconductors.
Sony and Kirkbi have invested $1 billion each into Epic Games for helping it build the metaverse, while also supporting the company's continued growth. Epic Games has also recently partnered with Lego
Google will be investing $1 billion in Bharti Airtel to help get more Indians online. The plan will help both companies get more customers as barriers to owning a phone are made lower.
Google has purchased the Central Saint Giles development where its London headquarters are based for $1 billion. It is part of wider investments that the company is making in the UK.
Google has announced a multi-year $10 billion investment in improving the cybersecurity practices across the United States - especially in supply chain - following a meeting with President Joe Biden.
Huawei has announced that it will bolster the start-up scenes in four Asia Pacific nations to make them sustainable ecosystems. It revealed the plans at its first Huawei Cloud Spark Founder Summit.
Apple has announced $430 million in U.S. investments over the next five years. With this money, it hopes to create 20,000 new jobs, improve areas around the country, and invest in education.
NVIDIA has invested $1.5 million into Mozilla's Common Voice project. Mozilla will use the money to hire people to improve the product further and to reach new communities and volunteers.
Microsoft is partnering with US-based investment firm MSCI to offer Investment Solutions as a Service. Throughout 2021, four new services will launch built on top of Azure and Power BI.
Carl Pei's venture Nothing has announced that it will allow individuals to invest in the company through a community equity round. The company plans to raise $1.5 million through this initiative.
After accruing five consecutive quarters of profit, Tesla will be added to the S&P 500 index on December 21. It will edge out JPMorgan Chase as the tenth-biggest member of the index.
Microsoft has announced plans to build data centers in Greece, providing an investment amounting to roughly $1 billion in the country, which has suffered from a decade-long debt crisis.
OneWeb has announced that it's filing for bankruptcy. The firm was responsible for launching several internet-providing satellites but the economic situation caused by COVID-19 caused it to fail.
Twitter has partnered with Silver Lake and Elliot Management in order to begin a share repurchase program that will happen over an unspecified time period. It will also boost user monetization.
The UK's internet regulator, Ofcom, has announced proposals to bring full-fibre broadband to the whole of the country including rural areas. The proposals will be finalised in early 2021.
Social media goliath Facebook announced today a commitment of $1 billion to tackle the affordable housing crisis in the State of California. The investment will be injected over the span of a decade.
SoftBank's Vision Fund is believed to be preparing to invest as much as $1.5 billion in Singapore-based ride-hailing giant Grab as part of a broader effort to inject cash into Asian tech startups.
Apple has announced today a major expansion in the U.S., including a new campus in Austin in addition to its existing site in the area. The expansion is expected to create thousands of jobs.
SoftBank reportedly wants to invest $500 million in Grab as part of the ride-hailing firm's latest funding that seeks to raise $1 billion. The deal is supposed to be finalized in a few weeks.
CapitalG, the investment arm of Google's parent Alphabet Inc., led a funding round that yielded $185 million for Convoy as the startup aims to bolster its digital freight booking business.
Samsung has announced that it will invest $22 billion into upcoming technologies such as AI, 5G, autonomous vehicles, and biopharmaceuticals. It plans to create 40,000 direct jobs as a result.
The funding will be used for Microsoft's partnerships with Black Girls Code and the Technology Access Foundation, two nonprofits aiming to provide technology education to students of color.
Light says the investment will allow the company to introduce its camera tech to other applications beyond smartphones such as security, robotics, automotive, aerial imaging, and more.
Hewlett Packard Enterprise says it aims for the investment to help customers convert their customer data to intelligence right at the edge of a network where it is gathered and analyzed.
Netflix will be investing around $8 billion on some 700 original TV series and movies this year, with the spending marking a $2 billion increase from the amount the company spent last year.
After raising $850 million during its first pre-ICO sale of TON tokens, Telegram has sent out a notice to investors in a bid to raise even more money in a secretive second round being held this month.
The Cupertino giant today announced it will be making a contribution of $350 billion to the U.S. economy over the next five years, creating 20,000 jobs and pay $38 billion in taxes to repatriate
Microsoft is investing $50 million in its AI for Earth program as a part of the company's three-stage, five-year plan, which will see researchers study environmental issues affecting the planet.
The grandfather of cryptocurrencies, bitcoin, has finally reached $10,000. The target has been expected for a long time by those bullish on bitcoin, but is by no means seen as the upper limit.
SoftBank and a coalition of other companies looking to buy shares in Uber in exchange for a multi-billion dollar investment, are looking to buy shares on the cheap at around $33 each.
It looks like it's still full steam ahead for bitcoin, with the cryptocurrency today peaking at an exchange rate of $9,093, an all-new high, making $10,000 a real possibility before Christmas.
The chief strategist at Deutsche Bank has advised people looking to invest to stay away from bitcoin due to a lack of regulation and its volatility. Skepticism of the cryptocurrency is nothing new.
Uber and SoftBank look to be on the verge of penning an investment deal. SoftBank is looking to invest up to $9 billion in the ride hailing firm. SoftBank said that no agreement has been made yet.