Business & Industry
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CoreWeave and Meta Expand AI Cloud Partnership to $35 Billion With New $21 Billion Infrastructure Agreement
CoreWeave secures a $21 billion expansion of its Meta partnership through 2032, bringing total commitments to $35.2 billion and reducing customer concentration risk ahead of NVIDIA Vera Rubin deployments.
Patreon Says Podcasters Earned $629 Million in 2025 as Direct-to-Fan Model Overtakes Advertising
Podcast creator earnings on Patreon grew 33 percent year-over-year to $629 million, making podcasting the platform's largest revenue category for the second consecutive year.
Dash0 Reaches Unicorn Status With $110 Million Series B to Build Autonomous Observability Agents
The OpenTelemetry-native observability startup closes a $110M Series B at a $1B valuation, betting that AI agents will replace manual incident response.
Former Rio Tinto CEO's Deep-Sea Mining Firm Merges With Odyssey Marine in $1 Billion Deal to Build US-Controlled Critical Minerals Platform
American Ocean Minerals Corporation and Odyssey Marine Exploration announced an all-stock merger valued at approximately $1 billion, creating one of the largest deep-sea mining companies as the US accelerates efforts to secure seabed critical minerals.
Singapore Opens World's Tallest Vertical Farm as the City-State Recalibrates Its Food Security Strategy
Greenphyto's S$80 million, AI-powered indoor facility in Jurong West can produce 2,000 metric tons of vegetables per year, arriving as the global vertical farming market hits $7.5 billion and Singapore revises its food security goals.
Beehiiv Launches Native Podcast Hosting as Creator Platforms Race to Become All-in-One Content Ecosystems
Newsletter platform beehiiv now offers podcast hosting with IAB-compliant analytics and zero revenue cuts, intensifying its competition with Substack and Patreon as creator economy platforms converge on multi-format distribution.
TikTok Seeks Brazilian Central Bank Approval to Offer Payments and Lending Through Its App
ByteDance has applied for two fintech licenses in Brazil that would let TikTok issue prepaid accounts and extend credit to its 131 million adult users, marking the platform's most ambitious push into financial services outside China.
SpaceX Files Confidential IPO Targeting $1.75 Trillion Valuation and Record $75 Billion Raise
SpaceX submitted a confidential draft registration statement to the SEC on April 1, seeking a Nasdaq listing that could value the company at $1.75 trillion and raise $75 billion, more than triple the largest U.S. IPO on record.
NEOM Cancels Billions in Contracts as Saudi Arabia's Flagship Smart City Pivots From Utopian Vision to Data Center Hub
Saudi Arabia terminates over $6 billion in NEOM contracts in March 2026, scaling The Line from 170 km to 2.4 km and pivoting the megaproject toward AI data center infrastructure.
OpenAI Acquires Tech Podcast TBPN in Its First Media Deal, Raising Questions About Editorial Independence
OpenAI has purchased the popular tech podcast TBPN for a reported low-hundreds-of-millions-dollar sum, placing the show under its political strategy chief as the AI company expands into media ahead of planned consumer hardware launches.
Precision-Fermented Dairy Draws Fresh Capital as Standing Ovation Raises $34.2 Million and Market Projections Reach $57 Billion
A wave of investment is flowing into precision-fermented dairy proteins, with French startup Standing Ovation closing a $34.2 million Series B and the broader market projected to grow from $7.4 billion to $57.1 billion by 2032.
Dell Shrinks Workforce by 27 Percent in Three Years as AI Server Revenue Surges 342 Percent
Dell Technologies disclosed in its fiscal 2026 annual report that headcount fell to approximately 97,000, marking a third consecutive year of 10 percent reductions and a cumulative loss of 36,000 jobs since fiscal 2023, even as AI-optimized server revenue hit $9 billion in the fourth quarter alone.