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Marvell reportedly in advanced talks to acquire Lumentum

Marvell Technology is in advanced talks to buy Lumentum Holdings, a maker of optics for data centers, Bloomberg reported, citing people familiar with the matter. The potential acquisition comes amid efforts to expand in the artificial intelligence sector.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Oracle pledges $20B financing limit through fiscal 2030

Oracle pledged to limit new financing to $20B through fiscal 2030 as it builds more cloud capacity, Reuters reported. The company expects capital spending to peak this fiscal year and next.