Amid growing competition in artificial intelligence (AI) technologies, Nvidia and xAI, founded by Elon Musk, have announced their joining a consortium backed by Microsoft, investment fund MGX, and BlackRock. This coalition aims to significantly expand AI infrastructure in the United States.

In the rapidly evolving semiconductor market, Nvidia's CEO, Jensen Huang, made a significant statement at the annual developers' conference in San Jose. He emphasized that the company has not received any offers to acquire a stake in Intel, casting doubt on speculation regarding a consortium involving Taiwan Semiconductor Manufacturing Co (TSMC) and other major players.

A Spanish consortium from the Basque Country – including shareholders of the steel company Sidenor, the regional government, and the local lender Kutxabank – has reached an agreement to acquire 29.7% of train manufacturer Talgo’s shares $TL5.MC. The agreed price is €4.15 per share, with an additional €0.85 per share to be paid if Talgo meets specific financial targets as set out by market regulators. The deal is expected to be officially finalized within the coming days once all necessary approvals have been secured.