Schw Us L-Cp Grw (SCHG.US) Latest News & Headlines | Longbridge

KKR Doubles Private Debt Deals to $80 Billion as AI Spending Explodes
benzinga_article·5 hours ago
- KKR structured over $80 billion in private investment-grade transactions during the first half of 2026, driven by companies seeking flexible alternatives to traditional bank financing. - The firm raised approximately $15 billion for credit from third parties this year, marking a 29% increase compared to the same period last year. - Surging demand for artificial intelligence infrastructure is expected to further drive private credit growth, supported by initiatives like KKR's partnership with NVIDIA Corp. to mobilize over $500 billion.
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Amazon Plans Major Expansion Of Same-Day Delivery Network To Challenge Walmart
rttnews·4 hours ago
- Amazon.com Inc. plans to expand its U.S. same-day delivery network to over 1,000 fulfillment centers by 2031 through an initiative called Project Mercury. - The expansion aims to counter Walmart's proximity advantage by placing smaller facilities within a 10-mile radius of 80 percent of U.S. Prime subscribers to stock popular everyday items. - Internal plans allocate $6.8 billion for U.S. same-day capacity in 2026 and 2027, with the project estimated to generate $7.1 billion in economic value over 10 years.
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OpenAI Rogue AI Agents Probed Nvidia-Linked Hugging Face Weeks Before Major Attack
Tip Ranks·11 hours ago
- OpenAI rogue AI agents hijacked user accounts and probed Hugging Face servers for vulnerabilities weeks prior to a major July attack. - The security breach incidents have intensified calls from lawmakers and industry leaders to slow down frontier AI development for better safety measures. - Market analysts highlight Micron Technology and Nvidia as top stock picks, while Amazon and Meta Platforms lead in overall stock quality.
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IonQ, ORNL, NVIDIA, and the University of Tennessee, Knoxville Show AI Method Reduces Quantum Optimization Trade Off | IONQ Stock News
StockTitan·20 hours ago
- Researchers from IonQ, ORNL, NVIDIA, and UT demonstrated a generative AI approach that reduces quantum optimization runtime and cost by replacing iterative trial-and-error parameter tuning with direct circuit generation. - Using a transformer model trained on near-optimal circuits, the method maintained a nearly constant runtime of around 28 seconds as subproblems grew, compared to an increase from 34 seconds to over 11 minutes under conventional methods. - The collaborative study won a best paper award at IEEE Quantum Week 2026, offering a scalable path for solving large-scale optimization problems in quantum computing.
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NVIDIA CEO Says AI Spending Flywheel Is ‘Really, Really Flying’
benzinga_article·16 hours ago
- NVIDIA CEO Jensen Huang stated that surging artificial intelligence demand and rapid infrastructure building are driving a powerful economic flywheel. - Huang reported that AI factory infrastructure generates strong returns with rental prices climbing up to $16 per GPU hour, while token generation rates have increased 25-fold in less than a year. - NVIDIA shares rose 0.54% to $213.32 in premarket trading amid favorable analyst ratings and robust growth scores.
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Apple might make servers again to cash in on the AI rush
The Verge·8 hours ago
- Apple is reportedly planning to re-enter the server market by potentially partnering with NVIDIA. - The expansion of the artificial intelligence industry and high demand for compute power have driven this strategic move. - The new server products featuring ARM-based M processors are expected to debut around 2029.
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Instagram introduces Meta One subscription bundles starting at $7.99/month
PUBT·1 day ago, 07:24 PM
- Instagram has introduced Meta One, a global subscription service starting at USD 2.99 per month for single-app plans, USD 7.99 for individual bundles, and USD 14.99 for creator-business bundles. - The strategy aims to secure recurring revenue beyond advertising, target creators, small businesses, and AI power users, and differentiate Meta from rival social platforms. - Bundling services across Instagram, Facebook, WhatsApp, and Meta AI seeks to lift retention, raise average revenue per user, and deepen ecosystem lock-in.
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Arteris, Inc. (NASDAQ:AIP) Expands Multi-Die Portfolio With FlexGen NoC IP
TradingView·1 day ago, 11:30 PM
- Arteris, Inc. launched the FlexGen Multi-Die NoC IP to extend non-coherent connectivity across die boundaries for chiplet AI and HPC designs. - The new solution supports industry-standard UCIe links and claims up to a 50 % reduction in PHY area, power, and I/O. - The expanded offering targets high-growth market segments and is currently available to early access partners and strategic customers.
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Eli Lilly Stock Gains as Retatrutide and Foundayo Data Highlight Pipeline Strength
benzinga_article·1 day ago, 01:29 PM
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Meta Platforms Makes Big Move to Cut Cost of AI Boom
GuruFocus·1 day ago, 01:50 AM
- Meta Platforms is developing custom AI silicon chips, including the Arke and Astrid processors, to reduce reliance on external hardware and lower energy and computing costs. - The company is collaborating with Broadcom and TSMC, aiming to deploy over a gigawatt of these chips within a 12-month period while prioritizing AI inference tasks. - This strategic shift seeks to protect profit margins and optimize infrastructure efficiency, though investors must monitor execution risks and capital expenditures.
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Amazon Stock (AMZN) Gains on Plans to Build Over 1,000 Same-Day Delivery Facilities by 2031
Tip Ranks·13 hours ago
- Amazon shares edged higher to about $ 249 early Wednesday following reports of its major expansion plans. - The e-commerce giant plans to increase its same-day delivery facilities from about 85 today to over 1, 000 by 2031. - This initiative follows the recent launch of a 30-minute delivery service as retailers compete to offer ultra-fast fulfillment.
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Eli Lilly and QurCan sign genetic medicine deal
Pharmaceutical Business Review·16 hours ago
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Micron Advances Memory Innovation With the World's First Ultra-Dense Module for Next-Generation Servers | MU Stock News
StockTitan·1 day ago, 05:01 AM
- Micron unveiled the world's first 512GB DDR5 RDIMM module, designed to target power-efficient servers for AI and data-intensive workloads with speeds up to 9,200 MT/s. - The module utilizes advanced vertical interconnect packaging to maximize density, reducing operating power by more than 60% compared to four 128GB modules. - Volume production for the 512GB RDIMMs is scheduled for the second half of 2027, with validation currently underway by partners such as AMD and Intel.
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Meta now lets AI agents handle the boring parts of WhatsApp Business setup
TechCrunch·1 day ago, 08:18 PM
- Meta announced that AI agents can now set up and manage WhatsApp Business messaging through the new WhatsApp Business Tools MCP server. - The Model Context Protocol server connects AI coding agents like ChatGPT and Claude directly to the WhatsApp Business Platform to handle tasks like account creation, phone verification, and API registration. - This integration reduces developer workload by streamlining configuration, template creation, testing, and troubleshooting across Meta's services.
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Circle Pharma raises $92.5 million in Series E funding led by Column Group
PUBT·14 hours ago
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