Payments giant Stripe is negotiating a deal to acquire AI model marketplace OpenRouter for a potential $10 billion, a move that would mark a significant expansion into AI infrastructure, according to The Wall Street Journal.
Amkor Technology shares jumped after the company secured a multi-year, $1.5 billion strategic partnership with Nvidia to expand advanced semiconductor packaging and testing capabilities in the U.S. for AI and accelerated computing.
Lockheed Martin has secured two U.S. Department of Defense contracts totaling $67.7 million, one to supply electronic warfare systems for Navy submarines and another to establish F-35 maintenance depots for international allies.
Oracle's shares rose after the company announced a ten-year, single-award contract to provide software and cloud services to the U.S. Department of War, with a total potential value of nearly $7 billion.
Dominic Hadeed, a prominent Trinidadian businessman, and his wife have been freed after nearly a month in detention without charges over an alleged plot against the country's prime minister, a case that raised civil rights concerns.
General Dynamics has been awarded a $127 million contract modification to supply long-lead materials for the communication systems of the U.S. Navy's Virginia-class submarines.
A federal judge has extended a temporary pause on the proposed $110 billion merger between Paramount Skydance and Warner Bros. Discovery, giving the companies more time to argue against a longer injunction amid antitrust challenges from multiple states.
The two investment banks have introduced separate basket products allowing clients to trade debt from AI-related companies, from high-yield issuers to investment-grade tech giants, amid expectations of increased bond sales to fund technology investments.
The Department of Defense has awarded RTX's Pratt & Whitney division a contract modification worth over $42 million to provide sustainment services for the F-35 Lightning II's F135 propulsion systems.
