The Taiwanese semiconductor manufacturer has yet to decide how it will support a plan by the California-headquartered technology company to build artificial intelligence servers in the United States over the next four years.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
PHOTO: AMIR SHTANGER
ASE evaluating how it will support Nvidia’s $500B US AI server plan
The Taiwanese semiconductor manufacturer has yet to decide how it will support a plan by the California-headquartered technology company to build artificial intelligence servers in the United States over the next four years. Read here
Blackstone eyes $3B sale of software firm Sphera
The world’s largest alternative asset manager has hired investment bankers at William Blair and Evercore as it explores the sale of the Chicago-based sustainability software and consulting services provider. Read here
PHOTO: BLACKSTONE
JetBlue talking to United Airlines on partnership
The two major American airline companies have been negotiating an alliance after a federal judge blocked the New York-based carrier’s so-called Northeast Alliance with American Airlines in 2023. Read here
PHOTO: FUNFORME3
NEWS WORTH NOTING
NEWS WORTH NOTING
Meta launches AI app to compete with ChatGPT
After integrating Meta AI into WhatsApp, Instagram, Facebook, and Messenger, the California-based tech giant is rolling out a stand-alone apppication, which allows users to access it similar to ChatGPT and other AI assistant apps. Read here
The Japanese car giant and the Alphabet subsidiary may jointly develop a new autonomous vehicle platform and ways to enhance next-generation personally owned vehicles. Read here
Shipping giant CMA CGM offers to buy Air Belgium
The French logistics company has announced its intention to acquire the Belgian airline, in a move that would strengthen the company’s presence in the aviation sector. Read here
GSK ‘well positioned’ for tariffs after beating forecast
The British drugmaker reported stronger-than-expected first-quarter results, boosting its confidence to absorb potential pharmaceutical tariffs helped by AI-driven cost cuts. Read here
Hexa Climate buys Fortum’s India renewables assets
Backed by I Squared Capital, the Indian renewable energy platform has acquired the Finnish company’s portfolio and plans to invest $500 million on its projects. Read here
