Adani Group has committed $100 billion over the next decade to develop 5 gigawatts of AI-ready data center capacity across India. The massive infrastructure play involves strategic partnerships with Google and Microsoft, signaling India's intent to become a primary engine for the global artificial intelligence race.
Warner Bros. Discovery has re-entered negotiations with Paramount Skydance following a strategic one-week waiver from Netflix. This unexpected development follows a 'sweetened' offer from the Skydance camp, setting the stage for a high-stakes consolidation battle in the media sector.
ByteDance is implementing stricter safeguards for its Seedance 2.0 AI video generator following intense pressure from major Hollywood studios and trade groups. The move comes after the tool produced hyperrealistic, unauthorized likenesses of actors, sparking legal threats from Disney, Paramount, and the MPA.
Steak ‘n Shake reports a dramatic increase in same-store sales after implementing a nine-month Bitcoin payment and treasury initiative. The program has established a $15 million Strategic Bitcoin Reserve, which the company is utilizing to incentivize staff through performance-based bonuses.
YieldMax has announced monthly distributions for its flagship fund-of-funds and ultra-strategy ETFs, highlighting the continued demand for high-yield option income products. The declarations for YMAX ($0.0778), YMAG ($0.1076), and ULTRA ($0.436) reflect varying levels of volatility and premium capture across broad market and tech-heavy sectors.