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Technology

Silicon Photonics Gives Tower Semiconductor a $1.3 Billion AI Backlog

Silicon photonics moved deeper into the AI infrastructure mainstream after Tower Semiconductor locked in $1.3 billion of 2027 contracts, giving investors a clearer signal on optical-connectivity demand and capacity growth.

Samuel Berrit OlamMay 18, 2026

Strategy

Starbucks Turnaround Adds 300 Layoffs as Cost Reset Deepens

Starbucks turnaround efforts now include 300 corporate layoffs, office closures, and a broader organizational review, showing how Brian Niccol is pairing sales recovery with stricter cost control and expansion plans.

Samuel Berrit OlamMay 18, 2026

Industry

Siemens MERMEC Deal Expands Rail Tech Reach in Italy

Siemens MERMEC ties bring Italian rail diagnostics and signaling into Siemens Mobility, extending the German group's industrial reach while betting that digital infrastructure will define Europe’s next rail upgrade cycle.

Samuel Berrit OlamMay 18, 2026

Technology

TSMC AI Forecast Puts Chip Market Above $1.5 Trillion by 2030

TSMC AI projections now put the semiconductor market above $1.5 trillion by 2030, signaling that chip demand, packaging capacity, and global fab expansion are accelerating faster than expected globally today.

Samuel Berrit OlamMay 18, 2026

Investment

Gold Merger Gives Equinox and Orla a North American Growth Platform

Gold merger plans between Equinox and Orla would create an $18.5 billion producer, deepen Canadian exposure, and show how miners are using high bullion prices to reshape growth strategies globally.

Samuel Berrit OlamMay 18, 2026

Technology

OpenAI Deployment Company Targets Enterprise AI Bottleneck

OpenAI Deployment Company launches with more than $4 billion and a Tomoro acquisition, signaling that enterprise AI competition is shifting from model access toward implementation, workflow redesign, and execution globally.

Samuel Berrit OlamMay 18, 2026

Technology

Anthropic Gates Partnership Commits $200 Million to AI Public Goods

Anthropic Gates partnership commits $200 million over four years to AI tools, public datasets, and technical support aimed at health, education, and agriculture, widening Anthropic's reach beyond enterprise clients globally.

Samuel Berrit OlamMay 18, 2026

Technology

Cisco AI Restructuring Lifts Outlook as Orders Surge

Cisco AI restructuring pairs nearly 4,000 job cuts with a higher revenue outlook, showing how hyperscaler spending is spreading beyond chips into networking, optics, security, and enterprise infrastructure this year.

Samuel Berrit OlamMay 17, 2026

Investment

Fervo Energy IPO Surges as Geothermal Power Wins AI-Era Backing

Fervo Energy raised $1.89 billion and jumped in its Nasdaq debut, signaling that investors see geothermal power as a serious answer to AI-era electricity demand, grid strain, and data-center growth.

Samuel Berrit OlamMay 17, 2026

Policy

California Software Tax Plan Targets SaaS and AI Budgets

California’s proposed software tax would extend sales levies to SaaS and digital software, creating a new cost layer for enterprise technology buyers while helping Gavin Newsom close budget gaps statewide.

Samuel Berrit OlamMay 17, 2026

Silicon Photonics Gives Tower Semiconductor a $1.3 Billion AI Backlog

Starbucks Turnaround Adds 300 Layoffs as Cost Reset Deepens

Siemens MERMEC Deal Expands Rail Tech Reach in Italy

TSMC AI Forecast Puts Chip Market Above $1.5 Trillion by 2030

Gold Merger Gives Equinox and Orla a North American Growth Platform

OpenAI Deployment Company Targets Enterprise AI Bottleneck

Anthropic Gates Partnership Commits $200 Million to AI Public Goods

Cisco AI Restructuring Lifts Outlook as Orders Surge

Fervo Energy IPO Surges as Geothermal Power Wins AI-Era Backing

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