Endeavor Group Holdings, the entertainment firm that owns Hollywood agencies and live sports businesses, has agreed to acquire a controlling stake in WWE by forming a new public company that combines the wrestling powerhouse with mixed-martial arts promoter UFC. The new public holding company will be owned 51% by Endeavor, while existing WWE shareholders will own the remaining 49%. This means...
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Nvidia Deepens Push Into AWS’ Turf
Nvidia’s ambition to compete with Amazon Web Services is growing. Nvidia is best known for designing server chips for artificial intelligence, but it has been running a nascent cloud service for corporate customers that develop AI with those chips. Nvidia operates the service, DGX Cloud, with servers located in the data centers of Microsoft, Oracle and Google, which limits what Nvidia can...
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