Micro1 Plans $1 Billion Spend to License Companies' Workplace Data
The startup pays $100,000 to $2 million for a midsize company's internal data and resells it to AI labs. One executive who sold said the offer shocked him.
Strategy
Musk Predicts 'Guppy-Level Death' for 200+ Neocloud Firms
Elon Musk said debt markets have shut off funding for AI cloud providers without independent revenue. Shares of CoreWeave, Nebius and Iren fell on Monday.
Tata Motors Needs Iveco Holdouts to Tender by Monday
With its €14.40 per share offer called final, Tata Motors has until October 26 to reach the acceptance level it needs for full ownership of Iveco.
Super Power Buys Pazgaz Energy as Israel's Power Resellers Merge
Israeli residential electricity supplier Super Power will pay up to NIS 25 million for rival Pazgaz Energy, cutting the number of suppliers from seven to six.
Audi Plans Its First US Plant in Georgia With $4 Billion
Audi intends to invest around $4 billion in a Georgia site that would employ about 4,500 people and build up to 200,000 premium SUVs a year.
Nvidia's Role as AI Financier Faces Its First Big Test
Neocloud shares are down at least 30% this month and CoreWeave's bond yields top 15%, putting the guarantees and stakes Nvidia has built around its chip customers under scrutiny.