Intel is in talks to buy GlobalFoundries for $30 billion. Intel stock edged up 0.5% in the extended session. The U.S.-based GlobalFoundry is owned by Global Mubadala Investment, an investment arm of the Abu Dhabi government.
The battle between Spotify and Apple is escalating. Spotify has attempted to display in-app pricing information in the European market, but has been rejected by Apple.
Exowatt, a startup developing modules that store energy as heat and produce electricity for AI data centers, has secured a $20 million investment from OpenAI CEO Sam Altman and venture capital firm Andreessen Horowitz.
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