Royal Caribbean Group is buying a 50% stake in Sandals and Beaches Resorts for about $3 billion. That values the Caribbean all-inclusive chain at roughly 10 times forward EBITDA. Morgan Stanley has…
Folding bistro chairs around a slatted café table. On the table, a potted plant and a white power bank, its cable running up into somebody’s headset. Half a dozen grown professionals sit with white…
The AI buildout still has buyers. What changed this week is the price they charge. A data center tied to CoreWeave raised $1.1 billion in high-yield bonds at 98.5 cents on the dollar, for a yield of…
Supermicro has started shipping NVIDIA Vera Rubin NVL72 racks. Rubin is NVIDIA’s next AI platform after Blackwell, and it’s now leaving the factory as liquid-cooled, fully integrated systems…
Synopsys and TSMC have widened their partnership with certified design flows for TSMC’s A14 process, new agentic AI features in Synopsys’ tools, and a long list of silicon-proven IP for AI chips. It…
Bird.com, the company formerly known as MessageBird, has secured $450 million in debt financing. That’s a $400 million term loan plus a $50 million revolving credit facility, structured as a dividend…
Dolby and Meta used Meta Connect to widen their partnership. The biggest news is on the capture side. Meta’s AI glasses are now the first consumer device on the global market that can record audio in…
Insurify, the online insurance comparison marketplace, has blocked Meta’s Muse AI agent from its site. It’s one of the first public cases of a major marketplace shutting out a big tech company’s…
Basecamp Research, a London company that designs medicines with AI, has raised an oversubscribed $140 million Series C. S32, the firm led by former Verily CEO Andy Conrad, led the round. Conrad joins…
USD.AI has closed a $128.9 million GPU financing facility, its largest deal so far. The borrower is a publicly listed GPU cloud provider in British Columbia, Canada, which USD.AI didn’t name. The loan…