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All articles tagged with #investment

HBO Max Plugs Hefty Budget Into New Harry Potter TV Series
entertainment17 days ago

HBO Max Plugs Hefty Budget Into New Harry Potter TV Series

HBO Max chief Sarah Aubrey said the Harry Potter TV series represents a “financial investment you wouldn’t normally make on a television show,” confirming a major commitment to adapting all seven books, filming in the UK, and aiming for an early 2027 premiere. The project features a high-profile cast (Dominic McLaughlin as Harry Potter, Alastair Stout as Ron Weasley, Arabella Stanton as Hermione Granger, with Paapa Essiedu, John Lithgow and Janet McTeer in adult roles) and a production team led by Francesca Gardiner, with Mark Mylod directing multiple episodes and Hans Zimmer composing. Series Mania buzz and exclusive set footage underscore the scale surrounding the project.

via Deadline|
#casting#entertainment#harry-potter
Interior, TotalEnergies Pivot From Offshore Wind to U.S. LNG Investment
energy18 days ago

Interior, TotalEnergies Pivot From Offshore Wind to U.S. LNG Investment

The Interior Department announced an agreement with TotalEnergies to renounce costly offshore wind leases and redirect about $1 billion into U.S. oil, gas, and LNG projects. TotalEnergies will be reimbursed up to the amount paid for the offshore wind leases, and the company pledges not to pursue new offshore wind development in the United States, as part of a policy described as lowering costs for American families and strengthening energy security.

via U.S. Department of the Interior (.gov)|
#energy#investment#lng
Toyota bets on U.S. production with $1B investment in Kentucky and Indiana
business19 days ago

Toyota bets on U.S. production with $1B investment in Kentucky and Indiana

Toyota said it will commit $1 billion at two U.S. plants—$800 million to expand Camry and RAV4 output in Georgetown, Kentucky, and $200 million to boost Grand Highlander capacity in Princeton, Indiana—as part of a broader plan to invest up to $10 billion in U.S. production through 2030, highlighting a strategy to build where it sells amid tariff and regulatory headwinds.

via CNBC|
#business#georgetown-kentucky#investment
Low Earth Orbit Emerges as a Global Infrastructure Boom
business19 days ago

Low Earth Orbit Emerges as a Global Infrastructure Boom

Low Earth Orbit is rapidly maturing from a niche tech domain into a strategic, multi-decade infrastructure play, with more than $45 billion invested in 2025 and over $400 billion in the space economy since 2009. Major players like SpaceX, Amazon, Blue Origin, Nvidia, and Eutelsat/OneWeb are expanding constellations and exploring orbital computing, signaling a new era of rapid connectivity, AI-enabled orbit infrastructure, and potential public-market opportunities. Regulators warn that governance must evolve from GEO-era rules to safely manage security, sovereignty, and space debris as commercial operators become the primary users of space.

via CNBC|
#business#investment#leo
Uber bets big on Rivian robotaxis, targeting 50,000 autonomous EVs by 2031
business23 days ago

Uber bets big on Rivian robotaxis, targeting 50,000 autonomous EVs by 2031

Uber will invest up to $1.25 billion in Rivian to deploy up to 50,000 robotaxis through 2031, starting with a $300 million initial investment after signing and regulatory approval. The deal envisions 10,000 autonomous Rivian R2s, with an option for up to 40,000 more from 2030, rolled out across 25 cities in the U.S., Canada, and Europe, beginning in 2028 with San Francisco and Miami. Uber’s platform would host these robotaxis exclusively in the first markets; Rivian’s tech stack and vertical integration underpin the plan, which follows other mobility investments and signals a push into the anticipated robotaxi market. Licensing fees for the software are part of the agreement.

via CNBC|
#autonomous-vehicles#business#investment
South Korea Forms State Investment Vehicle to Deliver $350 Billion U.S. Pledge
business1 month ago

South Korea Forms State Investment Vehicle to Deliver $350 Billion U.S. Pledge

South Korea’s parliament approved a law to create a government-backed investment corporation to execute its $350 billion pledge to the United States, including $150 billion for shipbuilding and $200 billion for strategic sectors (capped at $20 billion per year), as part of a deal tied to more favorable tariff terms amid U.S. Section 301 actions.

via CNBC|
#business#investment#section-301
Amazon’s $50B OpenAI bet reshapes the AI power map with AWS at the center
technology1 month ago

Amazon’s $50B OpenAI bet reshapes the AI power map with AWS at the center

Amazon will invest $50 billion in OpenAI as part of a larger $110 billion funding round, with OpenAI committing about $138 billion to use Amazon’s Trainium chips over eight years; the deal, phased from an initial $15 billion followed by $35 billion later, broadens OpenAI’s funding base away from Microsoft and Nvidia and makes AWS the exclusive distributor for OpenAI Frontier, signaling a multi-cloud, price-competitive shift in the AI landscape.

via Axios|
#ai-chips#amazon#cloud-computing
Prem Rugby shifts to franchise-style league, scrapping promotion
sports1 month ago

Prem Rugby shifts to franchise-style league, scrapping promotion

English Premiership rugby will scrap traditional promotion and relegation from the 2026-27 season, moving to a franchise-style system where clubs apply to join based on criteria including playing standard, finances, investment potential, infrastructure and geography; the league plans to expand to 12 teams by 2029-30, with teams needing a Champ season before consideration and demotion only if a stronger candidate exists. The move, backed by the RFU, aims to attract outside investment, improve financial stability and support the women's game, in the wake of past club failures and Newcastle's Red Bull ownership showing confidence.

via BBC|
#franchise-model#investment#premiership
UFC to fund a $60m White House spectacle for 250th anniversary
business1 month ago

UFC to fund a $60m White House spectacle for 250th anniversary

The UFC plans a June 14 White House event to mark America’s 250th anniversary, with an estimated $60 million spend described as a long-term investment for earned media rather than profit; corporate partners are expected to offset about $30m. The event would host around 5,000 spectators on the South Lawn and about 80,000 more at the Ellipse, while bouts are not yet confirmed though several big-name fighters have shown interest.

via BBC|
#business#corporate-partners#investment
Who Will Build India's $250B AI Dream?
technology1 month ago

Who Will Build India's $250B AI Dream?

At the India AI Impact Summit, commitments total about $250 billion with major partnerships (Google, Microsoft; Infosys with Anthropic; TCS with OpenAI; HCLTech with OpenAI) and a ready AI platforms ecosystem, but analysts warn of a severe talent shortage: India needs roughly 25,000 AI Agent Developers (only ~3,000 available) and AI Agent Architects are in even shorter supply. Digital Edify positions itself as a scalable solution, training over 100,000 professionals and launching an AI Agent Center of Excellence to close the gap as the AI boom accelerates.

via Great Andhra|
#ai-agents#artificial-intelligence#india
Nvidia poised to back OpenAI with $30 billion in new funding round
business1 month ago

Nvidia poised to back OpenAI with $30 billion in new funding round

Nvidia is close to finalizing a $30 billion investment in OpenAI as part of a fundraising round seeking more than $100 billion, valuing OpenAI at about $830 billion. SoftBank Group and Amazon are also likely to participate, and much of the new capital would be used to purchase Nvidia chips powering OpenAI’s AI models, underscoring tighter ties among major tech players.

via Reuters|
#ai#business#funding-round