business

The president has said American oil companies are likely to pour money into the South American country. Source link

The company behind the Grok large language model said that investors in the funding round included the Qatar Investment Authority, Valor Equity Partners, Stepstone Group, MGX and Baron Capital Group, and Fidelity Management & Research Company. Source link

Caterpillar Chief Executive Officer Joe Creed, who joined the company in 1997, succeeds D. James Umpleby III who will retire effective April 1. Source link

Mobileye said the acquisition would accelerate Mentee’s go-to-market strategy for its AI-powered humanoid robotics, with proof-of-concept deployments expected in 2026 and commercialization targeted for 2028. Source link

The proposal has sparked outrage from other ultrawealthy residents, who warned of an exodus from the state. Source link

California’s governor plans to unveil an executive order aimed at making it easier for some businesses destroyed by last year’s Palisades fire to rebuild. Source link

OneStream shareholders will receive $24 a share, a 31% premium over Monday’s closing price. Source link

The bloc is targeting private individuals for expressing disfavored views about Russia. Source link

Power-grid operators are asking tech companies to supply their own electricity—or go dark at times—but many are pushing back. Source link