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Minebea Mitsumi pauses acquisitions to focus on AI components

Minebea Mitsumi has paused acquisitions to focus on producing ball bearings, motors and actuators for AI hardware, according to Bloomberg. The Japanese corporate dealmaker is pursuing returns from demand associated with AI and Nvidia components. The summary does not state a time frame, investment amount or production-capacity target.
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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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Banks outline $63 billion financing plan for Anthropic compute

Financial institutions including Bank of America, Citi, Morgan Stanley and Blackstone outlined a $63 billion plan this week to finance additional AI computing capacity for Anthropic, CIO Dive reported in an article republished by Yahoo. The financial partners will buy Broadcom XPU AI accelerators and networking products and lease them to Anthropic starting in 2027.

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Dulo raises $130M seed for AI models for hardware design

Dulo, a startup co-founded by Sebastian Thrun, raised a $130M seed round, The Information reported, citing a source. The startup is developing AI models for hardware design. Thrun previously pioneered several AI projects at Google.

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