Tech
Nvidia to invest up to $100 billion in OpenAI, linking two artificial intelligence titans
Nvidia is set to invest up to $100B in OpenAI, supplying it with data‑center chips and partnering closely on infrastructure. This move strengthens the compute backbone for AI and further cements the overlap between hardware providers and platform developers in the AI race, raising competitive and regulatory questions.
Tech
Oracle promotes Clay Magouyrk and Mike Sicilia to co‑CEO
Oracle has elevated Clay Magouyrk (cloud infrastructure) and Mike Sicilia (industries division) to co‑CEOs as Safra Catz transitions to executive vice chair. The change signals Oracle leaning even harder into AI infrastructure and industry‑specific cloud offerings as strategic growth pillars.
Industrial
Office Depot parent to be acquired by Atlas Holdings for $1 billion
The ODP Corporation (Office Depot / OfficeMax) will be taken private by Atlas Holdings in a $1B deal. Atlas plans to leverage its experience in distribution and manufacturing to strengthen ODP’s B2B operations, particularly around supplying businesses.
Marketing / Sales
Embedded Finance for B2B Platforms: Monetising Payments, Lending, and More
Embedded finance is no longer just a nice‑to‑have in B2B platforms; it’s becoming a major growth lever. Platforms are now integrating payments, credit, insurance, and virtual banking into their core workflows to reduce friction, increase customer retention, and launch new revenue streams.
Wildcard / Regional Innovation
Adrian Cheng ALMAD Group 2025 Launch: Culture Tech Investment Vehicle
Hong Kong entrepreneur Adrian Cheng has launched ALMAD Group, a $500M investment vehicle focused on immersive art, retail tech, culture‑tech, virtual/digital assets, and projects across emerging markets including ASEAN and the Middle East. It represents a blend of creative, cultural, and tech investment in the growing space of ‘culture economy’ innovation.
