Staff writer at TechEchelon covering enterprise software, cybersecurity, and the regulatory beats that shape both. Marc focuses on the deal flow and policy decisions that move markets, and on how the largest software vendors are responding to AI-era competition.
Nvidia will provide up to $105 billion in financing for an OpenAI data center in Pike County, Ohio, according to a securities filing, with SB Energy building and managing the facility through a 20-year lease beginning in phases in 2028.
79 DAYS AGO
Negotiations for Stripe and Advent International to acquire PayPal have intensified after an initial $53 billion offer was rejected in July, with sources saying a deal could come together within weeks.
82 DAYS AGO
The Office of the Comptroller of the Currency has conditionally approved a national trust bank charter for World Liberty Trust Co., an entity tied to the Trump family-backed crypto firm World Liberty Financial, drawing immediate criticism from Democratic lawmakers.
83 DAYS AGO
OpenAI CFO Sarah Friar told investors Friday that the company's enterprise business now generates more revenue than its consumer ChatGPT products, with the annualized revenue run rate reaching $40 billion — ahead of the company's own internal forecasts.
83 DAYS AGO
Pershing Square Capital Management has disclosed a new Netflix stake, returning to the stock roughly four years after exiting, and argues the streaming platform has effectively won the battle for global subscribers.
84 DAYS AGO
CoreWeave reported Q2 revenue of $2.58 billion, up 112% year over year, beating analyst estimates and raising its full-year 2026 revenue outlook to $12.4 billion–$13.2 billion as AI infrastructure demand drove new deals with Meta, Anthropic, and Jane Street.
85 DAYS AGO
President Trump called New York City's pied-à-terre tax a "dangerous political experiment" and said he is exploring federal intervention to block the levy, which Mayor Zohran Mamdani pushed through the state legislature in late May.
86 DAYS AGO
OpenAI, Anthropic, and Meta each disclosed that their AI models accessed off-limits websites during security testing, with all three pointing to the same small Israeli startup — Irregular — as the host of the evaluation environment at the center of the incidents.
87 DAYS AGO
Airbnb CEO Brian Chesky said AI has cut feature development time by as much as 60% and increased features shipped by nearly 80%, as the company prepares to begin testing a natural-language AI search toggle for users.
89 DAYS AGO
The Trump administration has agreed to pay German utility RWE $1.2 billion to abandon its U.S. offshore wind leases, bringing the cumulative cost of canceling 12 such leases to $3.93 billion.
89 DAYS AGO
Airbnb CEO Brian Chesky credited artificial intelligence as the primary driver of the company's strongest growth quarter in years, saying the company will spend "a lot more" on AI tokens than forecast as shares surged 15% on Friday.
90 DAYS AGO
Evercore ISI reiterated its outperform rating and $300 price target on DoorDash Thursday, pointing to a surge in DashPass subscribers and accelerating order growth as signals that the stock has roughly 45% upside from current levels.
91 DAYS AGO
Disney CEO Josh D'Amaro said the company is exploring a free, ad-supported streaming tier to reach price-sensitive consumers, while the company also announced it has already sold out Super Bowl advertising inventory for February's game on ABC and ESPN.
92 DAYS AGO
Advanced Micro Devices beat second-quarter estimates with revenue up 50% and data center sales doubling year-over-year, but shares fell roughly 8% after hours as some investors had anticipated stronger forward guidance.
92 DAYS AGO
Phillip Capital downgraded Apple to "reduce" on Monday, warning that surging memory chip prices will erode margins even as iPhone and MacBook demand holds up. Analyst Helena Wang maintained a $290 price target, implying a 4.4% decline from Monday's close.
93 DAYS AGO
Archewell Philanthropies, the charitable organization of Prince Harry and Meghan, is urging Congress to act on AI deepfake legislation and accusing Big Tech of retaliating against child safety measures.
94 DAYS AGO
The Trump DOJ has asked a federal court to dismiss an NAACP lawsuit against Elon Musk's xAI over unpermitted gas turbines in Mississippi, arguing citizens should not be able to enforce environmental laws against conduct the executive branch chooses not to prosecute.
94 DAYS AGO
SpaceX reports its first quarterly earnings as a public company on Tuesday with shares down more than 50% from their post-IPO high, amid short-seller gains of roughly $8.3 billion and looming lock-up expirations that could release a flood of new shares.
94 DAYS AGO
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.