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Driven by A.I. Boom, Marvell and Lumentum Announce $115 Billion Merger

Marvell and Lumentum said they were combining, in a major bet on a technology, known as optical networking, that is increasingly being used in A.I. data centers.

© Eduardo Munoz/Reuters

Matt Murphy, chairman and chief executive of Marvell Technology, at the company’s investor day in New York last month.

Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall St.

Amazon became the latest tech company to announce swelling investments in A.I. amid stumbling share prices.

© Nathan Howard for The New York Times

Amazon is spending heavily on new data centers to operate with this one in Ashburn, Va.

What’s Riding on Anthropic Going Public? Nearly Everything.

Anthropic sits atop a pyramid of business partners and suppliers, making it a barometer of the broader economy. Its initial public offering will have widespread implications.

How Mark Zuckerberg Pushed Meta to Shield Him From California’s Proposed Wealth Tax

The billionaire told Meta’s board that he planned to list his Silicon Valley home for sale. The company remade its stock structure to help him pay the tax if voters pass it.

© Victor Llorente for The New York Times

Mark Zuckerberg, the chief executive of Meta, at his home in Lake Tahoe, Calif. He has another California home in Palo Alto, close to Meta’s headquarters.

Elon Musk Says He Will Give a SpaceX Share to ‘Every Kid in America’

Anthropic, an A.I. rival to SpaceX, earlier said it would form a “public benefit fund” and other tech moguls have contributed to savings accounts for children.

© Finn Gomez/Getty Images

Elon Musk said he would give one share of SpaceX stock to every child in America, but did not specify how.

Nvidia Adds $150 Billion to Massive Stock Buyback, the Largest Ever

The increase comes four months after the chip giant added $80 billion to its buyback program, bringing the total remaining authorized amount to $235 billion.

© Manuel Orbegozo for The New York Times

Jensen Huang, chief executive of Nvidia, has led the company as its stock price has skyrocketed amid the explosion in demand chips that are the centerpiece of giant A.I. data centers.
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