JHVEPhoto Venture capital firm Andreessen Horowitz has purchased and stashed thousands of GPUs, including many of Nvidia’s (NASDAQ:NVDA) H100 processors, in an effort to win deals for AI startups, The Information reported. The venture capital firm, which has $42B in assets under management, has rented out the GPUs to manyContinue Reading
naumoid/iStock via Getty Images Masimo (NASDAQ:MASI) said that a potential joint venture partner for its consumer business is prepared to offer $850 million to $900 million for the unit on a cash and debt free basis. Masimo (MASI) disclosed that on July 2 the potential JV partner provided a non-bindingContinue Reading
Tippapatt Volvo Group and Westport Fuel Systems (NASDAQ:WPRT) held an event on Friday to mark what they said was a defining moment of the newly formed joint venture of the two companies. The two partners said they came together to jointly promote, develop, and further accelerate the commercialization of theContinue Reading
lyash01/iStock via Getty Images The Federal Energy Regulatory Commission voted Thursday to approve the Calcasieu Pass 2 liquefied natural gas export terminal on Louisiana’s Gulf Coast, but the project’s future is uncertain because of the Biden administration’s pause on new U.S. Department of Energy authorizations for LNG exports. The plannedContinue Reading
