SpaceX files for a $55bn Texas semiconductor fab, with combined chipmaking investment reaching $119bn
SpaceX files for a $55bn Texas semiconductor fab, with combined chipmaking investment reaching $119bn

The Terafab project sits alongside the existing Bastrop packaging operation. Combined, the two facilities could anchor a $119bn Texas chipmaking footprint. SpaceX has not yet disclosed the process technology Terafab will run, or the construction timeli…

Hut 8 signs a 15-year, $9.8bn lease for the first phase of its Texas AI data centre
Hut 8 signs a 15-year, $9.8bn lease for the first phase of its Texas AI data centre

The Beacon Point lease, anchored by an unnamed investment-grade tenant, lifts Hut 8’s contracted AI capacity to 597 MW and $16.8bn in base-term value. The Bitcoin-miner-to-AI-landlord pivot is now substantially complete. There is a particular kind of c…

Ametek to buy Indicor’s instrumentation businesses for $5bn, the largest CD&R partial exit of 2026
Ametek to buy Indicor’s instrumentation businesses for $5bn, the largest CD&R partial exit of 2026

Clayton, Dubilier & Rice banks one of the cleanest mid-market industrial partial exits of 2026, three and a half years after carving the portfolio out of Roper Technologies. Ametek pays a full multiple for picks-and-shovels exposure to the AI-infra…

The clippening
The clippening

Earlier this year, after a tumultuous period serving as the former second-in-command at the FBI, Dan Bongino went back to what he is perhaps known best for: video podcasting. After Bongino exited the role in January, he began promotion for the return of his podcast, The Dan Bongino Show. He bought out a billboard in […]

Thailand approves $29bn in projects, with TikTok’s ₿842bn data-centre expansion alone worth $25bn
Thailand approves $29bn in projects, with TikTok’s ₿842bn data-centre expansion alone worth $25bn

Bangkok’s Board of Investment cleared six major investments on Wednesday. Three of them are data centres. The headline is the TikTok number, but the larger story is what Thailand is becoming inside the regional AI infrastructure trade. Thailand’s Board…

CVS Profits Eclipse $2.9 Billion As Aetna Health Plan Costs Ease

CVS Health reported first quarter net income of more than $2.9 billion as costs slowed for subscribers of the Aetna health plans the company sells.

Oscar Health Reports Record Profit As Obamacare Enrollment Jumps

Oscar Health swung to a $679 million first quarter profit – the highest in company history – as its health plan membership jumped more than 50% and medical costs eased.

Boycotts Hurt Tesla’s Sales. Now, Activists Are Taking On Elon Musk’s SpaceX IPO

Activists, a leading labor union, and a big retirement fund are asking challenging questions about what’s expected to be the largest-ever stock market debut.

From Early Adopters To Laggards Comes The Inevitable Rise Of Purpose-Built AI Chatbots For Mental Health

Purpose-built AI for mental health has a great future, but only if well-managed and smartly devised. Diffusion of innovation arises. An AI Insider analysis and scoop.

John Cena’s ‘History-Making’ WWE Backlash News: Predictions

A breakdown of John Cena’s “history-making” WWE Backlash 2026 tease, with three grounded predictions tied to Club WWE, ESPN, and a possible Creative Council role.