The Marked Chart Wire · Business
Jio IPO
Jio Platforms shares jump 21 percent on trading debut
Shares of Jio Platforms, which has backing from Meta and Google, rose more than 21 percent on their first day of trading following a record IPO.
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HotQuantum Computing
Intel plans to buy quantum software firm Classiq
Intel announced it will acquire Classiq to integrate software with its hardware, with the deal expected to close in the first half of 2027. The move aims to accelerate the development of commercially viable quantum computing systems.
HotMeta
META sets $625 price for $25 billion share sale
The company priced its new Class A stock issuance at $625 per share, raising $25 billion in total.
HotDeals
Nvidia commits $3B to META amid $95B AI infrastructure raise
Nvidia pledged $3 billion to Meta Platforms, which intends to secure $95 billion for AI data centers. The two firms will also expand cooperation on new processors and AI agents.
HotDeals
META secures $95 billion for AI buildout with Nvidia stake
Meta plans to raise $95 billion to fund its artificial intelligence infrastructure. Nvidia will provide a $3 billion portion of the capital as the two firms expand their collaboration.
Nvidia Meta
Nvidia commits $3 billion to META for joint AI development
The two tech giants announced a $3 billion investment and a broader collaboration on their shared artificial intelligence initiatives.
Deals
Nvidia buys $3B META stake, deepens AI model tie
The chipmaker will purchase $3 billion in Meta shares and expand joint work on Muse AI systems.
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