Haveli Investments is taking a controlling stake in Sirion, an AI contract software firm. The deal values Sirion at roughly $1 billion and aims to fuel its global expansion and product innovation.
AI is making expert knowledge a commodity, forcing companies to find a new edge. Tech leaders argue the crucial skill is “context engineering”—feeding AI the right internal data. The challenge is avoiding “context rot” from information overload.
US hedge fund manager Boaz Weinstein is taking another run at the Edinburgh Worldwide Investment Trust, amassing a 30% stake. His campaign highlights a surge in activist investors targeting UK companies, forcing boards to defend their strategies publicly.
Nvidia CEO Jensen Huang says he’s “perfectly fine” with a proposed California ballot measure that could levy a one-time 5% tax on billionaires. The tax could cost Huang nearly $8 billion based on his estimated $155 billion net worth.
Virginia’s data center tax exemptions cost the state $1.6 billion in lost revenue for fiscal year 2025, a massive 118% increase from the year before. The program, which offers breaks for investments as low as $70 million, is now under scrutiny as its cost dwarfs all other state incentives.
Semafor has raised $30 million in new funding, valuing the company at $330 million. The startup, co-founded by Justin Smith and Ben Smith, turned its first profit in 2025 with $40 million in revenue.
Meta is hitting pause on the international launch of its high-tech Ray-Ban Display glasses due to overwhelming U.S. demand and supply chain issues. Meanwhile, Elon Musk’s xAI just raised a jaw-dropping $20 billion from investors.
Orsted A/S is taking the U.S. Interior Department to court over a 90-day suspension of its Sunrise Wind project near New York. The move is part of the Trump administration’s broader effort to halt several offshore wind farms, citing radar interference concerns.
Skybox Datacenters is moving forward with plans for a major new data center campus in San Angelo, Texas. The project involves six large buildings on 350 acres of city-owned land, leveraging spare capacity from a local substation.
Structured, an AI-native partner marketing platform, has appointed enterprise software veteran Stacey Epstein as its new CEO. Founder Daniel Nissan is stepping down but will remain an advisor. The company is also launching its next-generation platform in Q1 2026.
