Lumentum holders get 4.5 Marvell shares each, about $1,132 a share and a 23.9% premium to the October 28 close; Marvell holders would own about 67% of the combined company, and the deal needs shareholder and regulatory approval, with closing expected in the first half of 2028.
The six-part high-grade bond deal and the share offering use up the $20 billion cap on new capital-markets funding through fiscal 2030 that Oracle set last week; it says capital spending peaks in fiscal 2027 and 2028, and the shares fell after the stock filing.
The Abu Dhabi Media Office says Crown Prince Sheikh Khaled met Sam Altman as ADNOC agreed to run OpenAI models with in-country inference and a machine-readable government pilot went live for food imports; no financial terms were given.
Tesla's Robotaxi account announced the launch for 6 a.m. Central time on November 2, its fourth Texas city; a tracker lists it as live from that hour, while Tesla has not said how many cars will serve it or whether a safety monitor rides along.
President Lee Jae Myung's 2027 budget speech asks parliament for 21.3 trillion won for a chip hub, data centres, physical AI and AI, plus a separate 4.6 trillion won for a sovereign AI model; an earlier version of this item gave 4.7 trillion.
Claude Opus 5.5 leads at 12.0%, ahead of Gemini 4 Carbon at 10.9% and GPT-6 Astra at 9.6%, across 11 domains such as chip design, cybersecurity, biology, finance and law; the leaderboard will be refreshed every three to six months.
The Grid Protectors program extends nationwide the commitments OpenAI made in Georgia, where its 3.2-gigawatt Effingham County campus offers up to 1 gigawatt of flexible demand and OpenAI pays the full cost of new grid infrastructure, and it applies to campuses the company develops directly.
By midday Tokyo, Sydney, Singapore and Taipei were down while Seoul, Hong Kong and Shanghai rose; Goldman puts hyperscaler capital spending near $800 billion this year and $1.2 trillion in 2027.
SK hynix says it has long-term deals with 14 customers covering more than half its 2027 and 2028 capacity, and Samsung has 10 signed with 10 more in talks.
A securities registration filed with Japan's Kanto Finance Bureau on Monday puts proceeds toward working capital, operating costs and capital spending; it gives no overall IPO size or valuation, though Reuters says investors have discussed about $1.5 trillion.
An email to users says the combined interface will be tested with a small group first so work-mode features run inside the chat; Codex stays a separate product, and TechCrunch reports ChatGPT and Codex will draw on a shared usage allowance.
Replying on X to users whose limits ran out days early this week, Musk wrote that the cost of serving Grok Bot was unsustainably high relative to revenue; TechRadar reports users calling the change a rug pull.