Article by EDITORIAL TEAM

Key Points: VAST Data reached a massive $30 billion valuation after completing its latest Series F funding round on Wednesday. The New York-based software company raised roughly $1 billion in primary and secondary capital during the round. The company builds critical software that helps massive corporations store and process data for artificial intelligence systems. VAST Data recently signed a massive $1.17 billion commercial agreement with...

Key Points: The European Union plans to overhaul its merger rules for the first time in more than two decades. A new proposed 'innovation shield' will allow startups to secure antitrust approval for beneficial deals quickly. The shield completely excludes massive Big Tech companies and dominant market players from using the fast-track process. The draft rules also allow companies to argue for mergers on the...

Key Points: SpaceX warned investors that its massive plans for space-based AI data centers rely entirely on unproven technologies. The company highlighted these severe business risks in a mandatory pre-IPO filing with the federal government. SpaceX hopes to raise $75 billion during an upcoming initial public offering that could value the company at $1.75 trillion. The company admitted it relies heavily on Starship's success, a...

Key Points: A London tribunal ruled that Microsoft must face a mass lawsuit alleging it overcharged thousands of British businesses. Competition lawyer Maria Luisa Stasi filed the massive claim on behalf of nearly 60,000 different business organizations. Lawyers estimate the total value of the massive legal claim could reach up to $2.8 billion. British regulators recently announced they will investigate Microsoft's software licensing practices in...

Key Points: Intel investors are closely watching how the company handles supply chain issues that limit chip production. The company expects first-quarter revenue to decline by 1.9% to roughly $12.42 billion. Intel's data center and artificial intelligence segment should grow 6.8% to $4.41 billion. Investors want updates on the manufacturing yield rate for Intel's new 18A silicon wafer process. Investors are keeping a very close...