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Nvidia to invest $1.5 billion in SB energy under OpenAI data center deal

Nvidia has announced plans to invest $1.5 billion into SB Energy, the SoftBank-backed developer building a data center campus in Pike County, Ohio. OpenAI has already committed to lease the data centre for 20 years to run its AI workloads. Nvidia becomes SB Energy shareholder The...

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OpenAI secures 20-year Ohio data center lease backed by Nvidia

OpenAI has signed a 20-year lease for 4.25 gigawatts of initial AI capacity at an Ohio data center supported by up to $105 billion in guarantees from Nvidia. Nvidia’s Aug. 17 announcement said OpenAI will use the PORTS-Pike Technology Campus…

crypto.news

General Motors (GM) Stock: Drops as Samsung SDI Takes Full Control of Indiana Battery Plant

TLDR GM stock drops 2.89% as Samsung SDI takes full control of Indiana battery plant. Samsung SDI acquires GM’s 49.99% stake in the $3.5 billion Synergy Cells venture. GM reduces direct battery manufacturing exposure as US electric vehicle demand slows. Samsung SDI plans to initi...

Blockonomi

Mitsubishi teams with a robotics firm to mass-produce humanoids in Japan

Mitsubishi has now joined a growing list of automakers around the world pushing to start making their own robots. The Japanese automaker is teaming with Tokyo-based Highlanders Inc. to mass-produce humanoid robots, according to a Sunday report by The Mainichi. Highlanders, a star...

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Zambia commissions $70 million solar power plant to strengthen energy security

Zambia has commissioned its 100-megawatt (MW) Chisamba Phase II Solar Power Plant, projected to increase its electricity generation…

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SK Hynix (SKHY) Stock Plunges After Company Rejects Intel Ohio Plant Rumors

SK Hynix (SKHY) stock dropped 6.6% premarket after denying Intel Ohio plant acquisition rumors. The reversal wiped out a 9% intraday rally in Seoul trading. The post SK Hynix (SKHY) Stock Plunges After Company Rejects Intel Ohio Plant Rumors appeared first on Blockonomi.

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Bitdeer (BTDR) Stock Surges 14% on $36M Nevada Manufacturing Plant Reveal

Bitdeer (BTDR) stock surged 14.1% after revealing a $36M Nevada facility to manufacture SEALMINER Bitcoin mining machines. Production starts late 2026. The post Bitdeer (BTDR) Stock Surges 14% on $36M Nevada Manufacturing Plant Reveal appeared first on Blockonomi.

Blockonomi

Toyota (TM) Stock Slides 2.6% Following Massive $3.6 Billion Texas Plant Investment

Toyota (TM) stock fell 2.6% after revealing a $3.6B San Antonio expansion plan. The investment will add 2,000 jobs and boost production capacity by 2030. The post Toyota (TM) Stock Slides 2.6% Following Massive $3.6 Billion Texas Plant Investment appeared first on Blockonomi.

Blockonomi

Titan Mining (TII) Stock Rallies 42% on Army Graphite Plant Contract Win

Titan Mining (TII) stock surged 42% after the U.S. Army conditionally selected its subsidiary to build graphite processing plants at two military bases. The post Titan Mining (TII) Stock Rallies 42% on Army Graphite Plant Contract Win appeared first on Blockonomi.

Blockonomi

Sunrun (RUN) Stock Soars 25% on Massive Tesla Virtual Power Plant Partnership

Sunrun (RUN) stock surged 25% on news of a Tesla partnership creating a massive virtual power plant. Citi and RBC maintain Buy ratings despite insider sales. The post Sunrun (RUN) Stock Soars 25% on Massive Tesla Virtual Power Plant Partnership appeared first on Blockonomi.

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