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The AI leader's infusion comes after the Trump administration engineered a deal to assume a 10 percent stake in the struggling chipmaker's operations.
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Stock Market Today: Dow, Nasdaq Rise After Fed Rate Cut; Intel Shares Surge on Nvidia Deal — Live Updates The Wall Street JournalIntel stock surges as Nvidia announces $5 billion stake in company Yahoo FinanceNvidia throws Intel a lifeline that should be a boon to investors in both chipmakers CNBCNVIDIA and Intel to Develop AI Infrastructure and Personal Computing Products NVIDIA Newsroom
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The two companies intend to combine Nvidia's AI power with Intel's expertise to create new chips.
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Dallas-based lower mid-market investor Crux Capital has hit a $340m hard cap final close for its first institutional fund.
The post Crux Capital eyes Sunbelt consumer, commercial services deals with $340m hard cap Fund I close appeared first on AltAssets Private Equity News.
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