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Wind and solar power frozen out of Trump permitting push

Wind and solar power frozen out of Trump permitting push

By Nichola Groom Dec 10 (Reuters) - U.S.
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Adobe sees upbeat annual results on AI, design software strength

Adobe sees upbeat annual results on AI, design software strength

Dec 10 (Reuters) - Adobe forecast fiscal 2026 revenue and profit above Wall Street expectations on Wednesday, signaling strong demand for the Photoshop maker's design tools and increasing monetization for its artificial intelligence offerings. 
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Synopsys tops revenue estimates on strong demand for chip design tools

Synopsys tops revenue estimates on strong demand for chip design tools

Dec 10 (Reuters) - Chip design software provider Synopsys beat analysts estimates for fourth-quarter revenue on Wednesday, driven by strong demand for its chip design tools, sending its shares up 5% in extended trading.
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Anthropic and Accenture Form Strategic AI Partnership to Enhance Enterprise Solutions

Anthropic and Accenture Form Strategic AI Partnership to Enhance Enterprise Solutions

Anthropic and Accenture Form Strategic AI Partnership to Enhance Enterprise Solutions
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SoftBank in Talks to Acquire DigitalBridge, Expanding AI Infrastructure

SoftBank in Talks to Acquire DigitalBridge, Expanding AI Infrastructure

SoftBank in Talks to Acquire DigitalBridge, Expanding AI Infrastructure
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Brookfield and Qatar launch $20 billion AI infrastructure joint venture

Brookfield and Qatar launch $20 billion AI infrastructure joint venture

DUBAI/LONDON, Dec 9 (Reuters) - Brookfield and Qai, an artificial intelligence company owned by Qatar's sovereign wealth fund, have formed a $20 billion joint venture to develop artificial intelligence infrastructure in Qatar and select international markets, the two groups said Tuesday.
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Microsoft investing $17.5 billion in India for AI and cloud infrastructure

Microsoft investing $17.5 billion in India for AI and cloud infrastructure

Microsoft has announced its largest-ever Asia investment of $17.5 billion in India to enhance cloud and artificial intelligence infrastructure over the next four years
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Exclusive-SoftBank, Nvidia looking to invest in Skild AI at $14 billion valuation, sources say

Exclusive-SoftBank, Nvidia looking to invest in Skild AI at $14 billion valuation, sources say

By Akash Sriram and Krystal Hu Dec 8 (Reuters) - Japan's SoftBank Group and Nvidia are in talks to invest in Skild AI, in a more than $1 billion funding round that could value the maker of foundation models for robots at around $14 billion, according to sources and a term sheet seen by Reuters.
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IBM accelerates cloud drive with $11 billion Confluent deal as AI demand booms

IBM accelerates cloud drive with $11 billion Confluent deal as AI demand booms

Dec 8 (Reuters) - IBM said on Monday it will buy data infrastructure company Confluent in a deal valued at $11 billion, ramping up its cloud-computing offerings to capitalize on an AI-driven demand boom.
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IBM buys data streaming platform Confluent in $11 billion deal

IBM buys data streaming platform Confluent in $11 billion deal

IBM has announced it's acquiring data streaming platform Confluent in an $11 billion deal
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Baidu's Stock Rises Amid Spin-Off Plans for AI Chip Unit

Baidu's Stock Rises Amid Spin-Off Plans for AI Chip Unit

Baidu's Stock Rises Amid Spin-Off Plans for AI Chip Unit
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Oracle's OpenAI reliance faces scrutiny as debt-fueled AI buildout raises worries

Oracle's OpenAI reliance faces scrutiny as debt-fueled AI buildout raises worries

By Aditya Soni Dec 9 (Reuters) - Months after Oracle's $400 billion-plus contract backlog ignited a stock-market frenzy, the enthusiasm has given way to doubts about its reliance on OpenAI and debt-fueled datacenter buildout, which will dominate its earnings on Wednesday.