Nvidia is reportedly considering a massive $1 billion investment in AI startup Poolside, which would mark one of the chipmaker’s largest strategic bets this year. The investment could quadruple Poolside’s valuation amid intense competition for AI infrastructure.
Semiconductor giant Nvidia is making a massive strategic move into AI software development with a potential $1 billion investment in Poolside. This represents a significant expansion beyond Nvidia’s traditional hardware focus.
Apple has returned to court arguing that a federal judge overstepped authority by banning commission collection on external in-app payments. The appeals court hearing revisits the ongoing legal conflict between Apple and Epic Games over App Store policies.
Apple has returned to the Ninth Circuit Court of Appeals this week to contest a contempt ruling that barred the tech giant from collecting commissions on external in-app transactions, according to Bloomberg reports. The company argues that a federal district judge exceeded judicial authority by implementing what Apple describes as punitive measures against its payment system.
According to a new report, Microsoft has implemented an aggressive 30% profit margin target for its Xbox gaming division, significantly above industry averages. Sources indicate this financial pressure has triggered widespread studio closures, project cancellations, and controversial pricing changes across Microsoft’s gaming ecosystem.
Microsoft has reportedly pushed its Xbox gaming studios to achieve a 30% profit margin, according to a recent Bloomberg report by journalist Jason Schreier. This target significantly exceeds the video game industry’s typical 17-22% margin range and represents a substantial increase from Xbox’s historical 10-20% performance over the past six years. The report states this financial mandate has triggered sweeping changes across Microsoft’s gaming operations.
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Apple’s highly anticipated large-screen foldable iPad faces significant delays as engineers grapple with technical challenges. The device’s launch has reportedly been pushed to 2029 due to unresolved issues with display panels and overall weight.
Apple’s ambitious plans for a large-screen foldable iPad have encountered significant engineering obstacles, pushing the anticipated launch timeline to 2029 or later, according to reports from Bloomberg. The technology giant had originally targeted a 2028 release for what sources describe as an “18-20 inch foldable device” that would represent a new category in Apple’s product lineup.
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Meta Platforms has reportedly secured approximately $30 billion in financing from private equity firm Blue Owl Capital for its massive Hyperion datacenter project in Louisiana. The cleverly structured deal enables the social media giant to keep significant debt off its balance sheet while expanding its AI infrastructure capabilities.
Meta Platforms has reportedly convinced private equity firm Blue Owl Capital to finance its massive Hyperion datacenter project in a deal valued at approximately $30 billion, according to sources familiar with the matter. The arrangement, which sources indicate was brokered by Morgan Stanley, represents one of the largest single datacenter financings during the current artificial intelligence infrastructure boom.
