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Google sued by Autodesk over AI-powered movie-making software
Feb 9 (Reuters) - Google has been sued by Autodesk for allegedly infringing its "Flow" trademark to market competing AI-enabled software used to make movies, TV shows and video games. In a complaint filed on Friday in San Francisco federal court, Autodesk said it began using Flow in September 2022 for visual effects, production ma[...]
Amazon shares slide as $200 billion outlay fans fears over AI returns
Feb 6 (Reuters) - Amazon.com shares slid 9% on Friday after the company outlined a planned $200 billion capital outlay for the year, stoking investor concerns about the scale of Big Tech's spending on artificial intelligence. Amazon on Thursday joined rivals in forecasting sharply higher expenditures this year, as U.S. tech giants[...]
Wall Street ends sharply down as AI worries weigh
Feb 5 (Reuters) - Wall Street ended sharply lower on Thursday, with the Nasdaq dragged to its lowest since November by losses in Microsoft, Amazon and other tech heavyweights after Alphabet said it could double capital spending on AI in the race to dominate the emerging technology. Shares of Alphabet fell after the Google parent s[...]
Dollar hits nearly two-week high as stocks wobble; pound slides after BoE holds
NEW YORK/LONDON, Feb 5 (Reuters) - The U.S. dollar hit a nearly two-week high on Thursday as fresh volatility gripped stocks and the pound tumbled after a razor-thin Bank of England vote left UK rates unchanged. The greenback found firmer footing this week as investors turned more risk-averse and financial markets assessed U.S. co[...]
Google goes from laggard to leader as it pulls ahead of OpenAI with stellar AI growth
SAN FRANCISCO, Feb 5 (Reuters) - Alphabet is taking on OpenAI with a gusto that underscores Wall Street's perception that the Google parent is the leader in AI, a turn of events from a year ago when investors thought it was badly lagging behind rivals and punished its stock. That showed in the confident tone executives struck on t[...]
Google could spend $3B building Botetourt data centers
Documents recently filed with the state reveal the scope of the data center campus Google is planning in Botetourt County. On the 312-acre parcel Google purchased at the Botetourt Center at Greenfield industrial park, the California-based tech behemoth plans to build three data center buildings — totaling about 921,000 square feet[...]
Wall Street ends down as AI worries slam tech stocks
Feb 4 (Reuters) - U.S. stocks ended lower on Wednesday, with losses in Advanced Micro Devices, Palantir and other technology companies, as investors worried about pricey valuations and whether Wall Street's AI rally has reached its peak. Alphabet fell ahead of its quarterly results after the bell, which will give investo[...]
Beyond Loudoun: Why data centers are seeking new markets
For close to two decades, Loudoun County has dominated not just Virginia’s data center market but the world’s, with 200 data centers in operation and 117 more in the pipeline as of the end of 2025. Prince William County’s 44 data centers and 15 under development also contribute to Northern Virginia’s dominance in the field. Howeve[...]
FOR THE RECORD: February 2026
CENTRAL VIRGINIA Buc-ee’s has pushed the expected opening of its New Kent County travel center to December 2031, a spokesperson confirmed. The Texas-based chain previously expected to open the location, its second in Virginia, in 2027. News of the delay emerged after a December 2025 meeting of the county’s planning commission, where[...]
Heavy earnings week, jobs data to test US stocks after Microsoft swoon
NEW YORK, Jan 30 (Reuters) - Another huge batch of corporate earnings including from megacaps Alphabet and Amazon will test the U.S. stock market in the coming week after a disappointing report from heavyweight Microsoft weighed on equity indexes. Wall Street also will focus on the monthly U.S. jobs report due Feb. 6. This week, t[...]
As Costco rumors swirl, Botetourt OKs agreement
Roanokers have long yearned for a Costco with the kind of monomaniacal obsession Captain Ahab harbors for a singular white whale. For now, the closest Costco Wholesale in Virginia to Roanoke is Harrisonburg, more than 100 miles away. On June 16, 2025, a post in a Roanoke Facebook group speculated that Costco planned to build a[...]
Leidos to lay off 93 workers at Ashburn security operation
Reston-based federal contractor Leidos expects to “temporarily/permanently” lay off 93 employees at an Ashburn operation beginning March 23, according to a notice sent to the state dated Jan. 21. Leidos does not expect to close its facility at 22001 Loudoun County Parkway, according to the notice, which was sent in compliance with[...]
S&P 500, Nasdaq slump to one-month lows as Greenland dispute triggers global selloff
Jan 20 (Reuters) - The S&P 500 and Nasdaq Composite dropped to their lowest points in a month on Tuesday, as investors returned from the U.S. long weekend and reacted negatively to fresh tariff threats from President Donald Trump against Europe and renewed volatility in global markets. The risk-off wave, which also pushed the[...]
Alphabet hits $4 trillion valuation as AI refocus lifts sentiment
Jan 12 (Reuters) - Alphabet hit a $4 trillion market valuation on Monday, as the Google parent's sharpened artificial intelligence focus allayed doubts about its strategy and thrust it back to the forefront of the high-stakes race. The tech giant on Wednesday surpassed Apple in market capitalization for the first time since 2019[...]
Wall Street ends mixed as tech dips, defense stocks rally
Jan 8 (Reuters) - Wall Street ended mixed on Thursday, as Nvidia and other technology stocks dipped, while defense companies advanced after President Donald Trump called for an enlarged $1.5 trillion military budget. Nvidia, Broadcom and Microsoft declined. A drop in the S&P 500 technology index left it down about 1% so far in[...]
Hyundai Motor Group plans to deploy humanoid robots at US factory from 2028
LAS VEGAS, Jan 5 (Reuters) - Hyundai Motor Group plans to deploy humanoid robots at its U.S. manufacturing plant in Georgia starting in 2028, marking a step toward automating higher-risk and repetitive manufacturing tasks, the South Korean company said. Hyundai unveiled the production version of the Atlas humanoid robot, developed[...]
Nvidia says next-gen Rubin AI chips in full production
LAS VEGAS, Jan 5 (Reuters) - Nvidia CEO Jensen Huang said on Monday that the company’s next generation of chips is in “full production,” saying they can deliver five times the artificial-intelligence computing of the company’s previous chips when serving up chatbots and other AI apps. In a speech at the Consumer Electronics Show i[...]
FOR THE RECORD: January 2026
CENTRAL VIRGINIA CleanArc Data Centers is building a $3 billion data center campus in Caroline County. Located in Ruther Glen, the data center campus is expected to create 50 jobs once it’s operating at its full 900-megawatt capacity. CleanArc, a Las Vegas-based hyperscale data center developer and operator, held a groundbreaking f[...]
Top Five: January 2026
1 | University board fight ends; Spanberger to fill 22 seats The legal battle between Gov. Glenn Youngkin and state Senate Democrats over university boards of visitors ended as both sides acknowledged the matter would be made moot by the new General Assembly session and change in gubernatorial administrations. (Dec. 9) 2 | SAIC sha[...]
Nvidia in talks to buy Israeli AI startup AI21 for $3B
JERUSALEM, Dec 30 (Reuters) - Nvidia is in advanced talks to buy Israel-based AI startup AI21 Labs for as much as $3 billion, the Calcalist financial daily reported on Tuesday. Nvidia declined to comment, while AI21 was not immediately available to comment. A 2023 funding round valued AI21 at $1.4 billion. Nvidia and Alphabet's[...]
