
Marvell jumps 6% on Google deal for up to $12.2B stake tied to AI chips
Google gains the right to buy 58.9M Marvell shares at $206.58 apiece through fiscal 2033, expanding its custom silicon push beyond Broadcom.
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Google gains the right to buy 58.9M Marvell shares at $206.58 apiece through fiscal 2033, expanding its custom silicon push beyond Broadcom.

Koray Kavukcuoglu takes over day-to-day AI leadership as Jeff Dean departs to launch a new AI research company backed by Google.

Alphabet's cloud backlog hit $514B and profit tripled to $112.1B, giving Sundar Pichai cover for $190B in annual capex.

Alphabet is designing a 2028 server chip to run Gemini cheaper as it spends $190B on AI infrastructure this year.

London staff say HR was sent in place of executives; CWU calls the opening meeting a time-wasting exercise.

The first market for the partnership shuts down with just over a dozen vehicles, while Austin and Atlanta scale to hundreds.

The retailer pulled in $31.5B in new financing in 48 hours as hyperscaler AI capex pushes the biggest tech balance sheets into debt markets.

Five new water commitments and $17M in stewardship funding arrive as 70% of Americans say they oppose local data center construction.

Google's parent is selling $80B in equity, including a $10B Berkshire Hathaway stake, to keep pace with a capex plan running up to $190B this year.

98% of CWU members backed the bid, which could cover 1,000 London staff and force a fight over Google's military contracts.

Revenue rose 63% year-over-year and the backlog doubled to $462B, but Sundar Pichai told analysts the business is compute-constrained.

YouTube Premium and Google One drive subscription growth as YouTube ad revenue misses Wall Street's $9.99B target by $110M.

Microsoft, Alphabet, Meta and Amazon report this week with Wall Street demanding revenue proof for record AI infrastructure spending.
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