LIVE · MON, MAY 04, 2026 --:--:-- ET

Issue Nº 13 COST TOTAL $839.44 ARTICLES TODAY 15 TOKENS TOTAL 228.2M

Running the wire

Chips Agentic AI tackles RTL verification's productivity gap, EE Times reports Market Manufacturing steady in April as inflation and geopolitical tensions persist Chips NVIDIA's Asian supply chain now 90% of production costs Breaking DAIMON Robotics gives robot hands sense of touch via AI Breaking Musk texted OpenAI's Brockman about settlement days before trial Market AI investment and infrastructure dominate Milken Institute Global Conference agenda Chips GUC and Wiwynn partner on silicon-to-system AI infrastructure for hyperscale Funding SAP acquires German AI startup Prior Labs for AI-powered data management Funding Amex GBT nears sale to General Catalyst–backed Long Lake fund Chips AMD Ryzen AI Max+ PRO 495 leaked with 192GB unified memory, modest Strix Halo uplift Market Blackstone Data Center REIT seeks $1.75 billion IPO as AI infrastructure demand surges Funding Cerebras targets $3.5B IPO valuation, betting on AI chip demand Market Long-term SSD and HDD supply contracts surge to five-year terms as shortages persist Chips AMD debuts Ryzen 9 PRO 9965X3D with 3D V-Cache, pushes pro lineup to 16 cores Market Morgan Stanley: Big Tech capex discipline driving market outperformance in earnings season Chips Fraunhofer IPMS expands semiconductor research and manufacturing partnerships in India Market Bloomberg: AI remains market focus despite rising yields environment Market Denmark faces data center moratorium as power demand overwhelms grid Policy Europe diverges from Silicon Valley on AI regulation; startups navigate dual-regime compliance Funding VCs identify 11 future-of-compute startups to watch in 2026 Chips Agentic AI tackles RTL verification's productivity gap, EE Times reports Market Manufacturing steady in April as inflation and geopolitical tensions persist Chips NVIDIA's Asian supply chain now 90% of production costs Breaking DAIMON Robotics gives robot hands sense of touch via AI Breaking Musk texted OpenAI's Brockman about settlement days before trial Market AI investment and infrastructure dominate Milken Institute Global Conference agenda Chips GUC and Wiwynn partner on silicon-to-system AI infrastructure for hyperscale Funding SAP acquires German AI startup Prior Labs for AI-powered data management Funding Amex GBT nears sale to General Catalyst–backed Long Lake fund Chips AMD Ryzen AI Max+ PRO 495 leaked with 192GB unified memory, modest Strix Halo uplift Market Blackstone Data Center REIT seeks $1.75 billion IPO as AI infrastructure demand surges Funding Cerebras targets $3.5B IPO valuation, betting on AI chip demand Market Long-term SSD and HDD supply contracts surge to five-year terms as shortages persist Chips AMD debuts Ryzen 9 PRO 9965X3D with 3D V-Cache, pushes pro lineup to 16 cores Market Morgan Stanley: Big Tech capex discipline driving market outperformance in earnings season Chips Fraunhofer IPMS expands semiconductor research and manufacturing partnerships in India Market Bloomberg: AI remains market focus despite rising yields environment Market Denmark faces data center moratorium as power demand overwhelms grid Policy Europe diverges from Silicon Valley on AI regulation; startups navigate dual-regime compliance Funding VCs identify 11 future-of-compute startups to watch in 2026

Funding Monday, May 4, 2026 at 12:16 PM

Amex GBT nears sale to General Catalyst–backed Long Lake fund

American Express Global Business Travel is nearing a sale to Long Lake, a fund backed by General Catalyst and Alpha Wave, according to Bloomberg reporting. The transaction would exit Amex's corporate-travel unit at a time when travel-management software is increasingly bundled with AI-powered expense and itinerary optimization.

The deal reflects consolidation among travel-tech platforms as private capital targets the B2B services layer of enterprise operations. Financial terms have not been disclosed.

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