Intel says the US will make an $8.9B investment by purchasing 433.3M primary shares of Intel common stock for $20.47/share; INTC closed on August 22 at $24.80
U.S. Government to make $8.9 billion investment in Intel common stock as company builds upon its more than $100 billion expansion of resilient semiconductor supply chain
Source: the new combined entity housing xAI and X is called XAI Holdings and is valued at more than $100B but less than $113B, since X already owned part of xAI
- New joint entity is valued at over $100 billion, person says — X, xAI already partnered on data sharing and Grok distribution
Senate reaches a deal on an infrastructure plan including $65B for broadband investments, $35B less than Biden's original plan; final vote still yet to happen
That's less than the original $100 billion plan — On Wednesday, bipartisan Senate negotiators reached a deal on an infrastructure package after weeks of tense discussion.
NFL finalizes an 11-year media rights deal, with Amazon Prime Video as exclusive partner for Thursday Night Football; sources: Amazon is paying about $1B/year
Amazon will get exclusive rights to Thursday Night Football Stephen Battaglio / Los Angeles Times : NFL nearly doubles fees for TV rights; Amazon to get exclusive games for streaming Charlotte Walsh /...
Sources: PE firm Bain Capital is raising $1B for a new tech fund for buyouts and late-stage minority investments, focused on enterprise and cybersecurity
KEY POINTS — Bain Capital, which manages more than $100 billion, is planning to raise $1 billion for a tech-focused fund …
Broadcom secures $100B of debt financing for its hostile bid of Qualcomm Inc.; private-equity investors KKR and CVC join Silver Lake in backing the deal
KKR, CVC join Silver Lake in providing $6 billion in convertible debt for the bid — Broadcom Ltd. AVGO 2.58% secured as much as $100 billion …