Nvidia will invest $5 billion in rival chipmaker Intel
Nvidia’s investment in its struggling rival comes less than a month after the U.S. government took a 10% stake in Intel.
Siladitya Ray, Forbes Staff
Meta shares rise in premarket after it unveils new $799 AI smart glasses
CEO Mark Zuckerberg claimed the company’s new Meta Ray-Ban Display are “ideal form factor for personal superintelligence.”
Elon Musk threatened to quit Tesla before $1 trillion compensation deal
To receive the maximum compensation, Musk would be required to boost Tesla’s market cap from $1 trillion today to $8.5 trillion in the next 10 years.
Google shares hit record high after judge doesn’t order it to be broken up
The ruling also boosted Apple’s shares, as Google will be allowed to continue paying the iPhone maker billions every year to remain the default search engine on its devices.
Death toll in Afghanistan earthquake rises to 800—More than 2,500 injured
The epicenter of the 6.0 magnitude temblor struck near the Afghan-Pakistan border, and the death toll is expected to rise.
Tesla approves $30 billion stock award for Elon Musk
The move comes after a Delaware court voided an early multibillion-dollar compensation package for Musk following a shareholder lawsuit.
Manhattan Shooter Who Killed Four Likely Targeted NFL Offices, Mayor Adams Says
After killing four people and severely wounding another person, the gunman took his own life.
Musk announces $16.5 billion deal with Samsung for Tesla AI chips
In a regulatory filing in South Korea, Samsung announced it has secured a $16.5 billion multi-year deal to make chips for a “big global company.”
Trump-Musk Feud: Musk Says Trump’s Comments About Him Are ‘Just Plain Wrong’
The billionaire, whose ties with the president have frayed in the past month, attacked GOP lawmakers backing the Trump’s spending bill while boosting its critics.
Elon Musk’s net worth plunges $12 billion as Trump targets Musk’s empire in feud
“This BFF situation has now turned into a soap opera that remains an overhang on Tesla’s stock,” bemoaned one Wall Street analyst.