Search results for Hubbard
AI & Enterprise
Wall Street seeks to sell $15 billion debt for Google-backed Anthropic Texas data center
Major Wall Street financial institutions are pursuing ways to transfer $15 billion in loans tied to a Google-backed Texas AI data center project to the bond market. A lending group led by Morgan Stanley is considering selling the debt as soon as it is funded. The Hubbard, Texas campus is designed as a lease to Anthropic. Banks are weighing AI growth opportunities against holding riskier loans, with bond sales seen as a way to recycle capital and limit exposure.
Telecommunications & Media
Three tests facing next Apple CEO John Ternus: AI, lawsuits, geopolitics
Apple will replace Tim Cook as CEO on Sept. 1, appointing Senior Vice President of Hardware Engineering John Ternus. Cook will become chairman. The shift marks Apple’s second leadership change since Steve Jobs. The company faces pressure to reset its AI strategy, legal challenges over the App Store and antitrust cases, and ongoing geopolitical risks tied to supply-chain dependence on China. Analysts also point to opportunities in AI-focused devices and new hardware.
Crypto
SOL Strategies launches STKESOL liquid staking token
SOL Strategies has launched the STKESOL liquid staking token, The Block reported. The token allows users to earn rewards while continuing to use DeFi services. STKESOL is expected to trade on major Solana DeFi platforms including Orca, Squads, Kamino and Loopscale, with additional platforms to be added. The token spreads deposits across multiple validators using an automated delegation strategy and a Wiz Score-based selection process.