Britain’s aerospace sector struggles to attract young engineers, with over half its workforce over 50 and AI competing for skilled labor. The UK aerospace and defense industry faces an annual shortfall of 10,000 specialized engineers, as younger talent gravitates toward AI
Jenna O'Malley/PitchBook News AI is getting more expensive, and most PE firms lack a framework for tracking their spending. But the costs aren't only financial: overreliance on AI is also dulling deal teams' judgment and producing diligence work that reads as clearly AI-ge
Britain’s aerospace sector struggles to attract young engineers, with over half its workforce over 50 and AI competing for skilled labor. The UK aerospace and defense industry faces an annual shortfall of 10,000 specialized engineers, as younger talent gravitates toward AI
Japanese automaker commits $473.23m to electric vehicle technology and manufacturing in Southeast Asia’s second-largest economy. Mitsubishi Motors will invest $473.23m in Thailand by 2030 to expand electric vehicle (EV) production and technology. The funding supports manuf
Amazon’s custom silicon business inside AWS reaches a $50 billion annual revenue run rate, growing triple digits year over year. Amazon’s custom chip division within AWS has reached a $50 billion annual revenue run rate, with $225 billion in commitments, according to remar
AMD has already had one of the best years of any stock in the market. Up more than 170% year-to-date A market cap pushing toward $1 trillion. A server CPU business that's been quietly taking share from Intel while the GPU story was getting all the headlines. Wells F
AMD's integrated CPU-GPU offerings for agentic AI infrastructure trade at a lower valuation than Nvidia's $5T market cap. Advanced Micro Devices (NASDAQ:AMD) offers both CPUs and GPUs required for agentic AI loops, positioning it as the sole U.S.-listed company with this c
Nvidia reports $75 billion in Data Center revenue, doubling year-over-year, as AI capital expenditure accelerates globally. Nvidia’s Data Center revenue jumped 92% year-over-year to $75 billion in the latest quarter, driven by surging demand for AI infrastructure. The comp
Retirees favor JPMorgan’s JEPQ for its high monthly income, sacrificing potential upside during market rebounds. JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) pays retirees up to $0.64 per share monthly, attracting investors seeking steady income. The fund’s covered-cal
American Express Cardholders Spent $455.8 Billion Last Quarter. Here's What That Means for the Stock Spending by American Express (NYSE:AXP) cardholders continues to rage, as the company just posted its largest quarter of billed business over the past year. Billed b
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