Business
Intel nears US$1.6 billion deal for AI chip startup SambaNova
Intel is in advanced talks to acquire artificial intelligence (AI) chip startup SambaNova Systems for about US$1.6 billion, including…
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Business
Buffett buys US$1.6 billion UnitedHealth stake, sells T-Mobile
Warren Buffett’s Berkshire Hathaway bought shares of UnitedHealth Group in the second quarter, sending the health insurer’s stock soaring…
Business
Lockheed Martin's Q2 profit plummets on US$1.6 billion charge
Lockheed Martin reported on Tuesday (Jul 22) that its second-quarter profit plunged by about 80 per cent, after the US defence giant…
Business
Sanofi to buy Vicebio for up to US$1.6 billion in vaccine push
The French drugmaker will pay US$1.15 billion upfront with a commitment for potential milestones worth as much as US$450 million Sanofi…
Business
Italy plans US$1.6 billion SpaceX telecom security services deal
ITALY is in advanced talks with Elon Musk’s SpaceX for a deal to provide secure telecommunications for the nation’s government – the…