
Blackstone and Google Launch AI Cloud Venture, Pressuring CoreWeave and Nebius Shares
May 20, 2026 02:15 am UTC| Business Technology
Shares of CoreWeave and Nebius fell nearly 4.5% on Tuesday after Blackstone and Google announced a major joint venture focused on building a new artificial intelligence cloud infrastructure company powered by Googles...

Mistral AI Acquires Emmi AI to Expand Industrial AI Solutions in Europe
May 19, 2026 06:25 am UTC| Business Technology
French artificial intelligence company Mistral AI has acquired Austrian startup Emmi AI in a strategic move to strengthen its industrial AI capabilities across Europe. The deal, announced Tuesday, highlights the growing...

May 19, 2026 06:21 am UTC| Business
Stellantis CEO Antonio Filosa is set to unveil a major long-term business strategy during the automakers capital markets day in Auburn Hills, Michigan, with investors closely watching plans aimed at reviving U.S. sales,...

Japan Airlines Signs 10-Year Boeing 787 Maintenance Deal With GE Aerospace
May 19, 2026 05:57 am UTC| Business
Japan Airlines Co Ltd (TYO:9201) has entered a new 10-year maintenance and overhaul agreement with GE Aerospace (NYSE:GE) to support its growing Boeing 787 Dreamliner fleet. The partnership highlights the long-standing...

Tencent Shares Jump 4% as AI Models Move Toward Paid Commercial Services
May 19, 2026 05:55 am UTC| Business Technology
Tencent Holdings (HK:0700) shares surged more than 4% on Tuesday after the Chinese tech giant announced plans to commercialize several of its artificial intelligence models, signaling a stronger push into monetizing AI...

Takeda Hit With $885M Verdict Over Amitiza Generic Drug Delay Scheme
May 19, 2026 03:27 am UTC| Business Law Health
A U.S. federal jury has ordered Japan-based Takeda Pharmaceutical to pay approximately $885 million in damages after finding the company liable for delaying the release of a generic version of its constipation drug Amitiza...

Analog Devices Nears $1.5B Acquisition of AI Chip Firm Empower Semiconductor
May 19, 2026 03:24 am UTC| Business Technology
U.S. semiconductor giant Analog Devices is reportedly in advanced discussions to acquire AI-focused chipmaker Empower Semiconductor in a deal valued at approximately $1.5 billion in cash, according to a Bloomberg News...