Invests

Nvidia Invests $5B in Rival Intel to Develop New Chips | Entrepreneur
Nvidia, the world's leading manufacturer of AI chips, and the most valuable company in the world with a $4.2 trillion market cap, announced on Thursday that it will invest...
Saks Acquires Neiman Marcus, Amazon Invests in Saks Global | Entrepreneur
Saks Fifth Avenue and Neiman Marcus are merging to create a luxury retail network — and Amazon has a stake in the deal, too.Saks owner HBC announced the $2.65...
Ford Delays $12B EV Plans; BP Invests in $100M in Tesla Chargers | Entrepreneur
Ford announced on Thursday that it delaying a $12 billion investment in electric vehicle (EV) manufacturing facilities, including halting the construction of a second battery plant in Kentucky, per...
Microsoft Invests Billions in OpenAI, Creator of ChatGPT
On Monday, Microsoft announced it is investing billions in OpenAI to advance AI research and democratize it as a technology platform. This deepening partnership between Microsoft and OpenAI has...
Bay Street Capital Holdings Founder Invests in Black Travel
This story originally appeared on Black Enterprise Klaus Vedfelt | Getty Images Bay Street Capital Holdings founder William Huston has been in the news recently after the entrepreneur shared...
Jay-Z Invests Big Money in Robot Pizza Truck Stellar Pizza
Jay-Z is putting his money behind a new robot-operated pizza truck business with big plans to change the food industry.He invested in Stellar Pizza, a restaurant on wheels that...