Modular data center builder Armada raises $230 million

Armada co-founders Dan Wright (L) and John Runyan (R) Armada Armada, which builds modular data centers that are becoming increasingly popular with customers in defense, energy and the military sector, raised $230 million from investors in a Series B fundraising round announced on Tuesday. San Francisco-based Armada, which was named to the 2026 CNBC Disruptor…

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Trump was big on tech stocks in early 2026, filings show

President Donald Trump speaks during a law enforcement leaders dinner celebrating the start of National Police Week in the Rose Garden at The White House in Washington, May 11, 2026. Aaron Schwartz | Bloomberg | Getty Images President Donald Trump reported thousands of financial transactions totaling hundreds of millions of dollars — including large purchases…

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Trump and Xi face a test over AI control

Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I’m seeing and hearing from local businesses. Students and businesses alike are embracing AI in China, while the U.S. worries more about the negative impact. Will that encourage cooperation on AI…

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Palantir (PLTR) Q1 earnings report 2026

Palantir CEO Alex Karp speaks at the World Economic Forum meeting in Davos, Switzerland, on Jan. 20, 2026. Fabrice Coffrini | Afp | Getty Images Palantir reported first-quarter results on Monday that sailed past analysts’ expectations, and also issued guidance that topped estimates. Here’s how the company did compared to analyst estimates as compiled by…

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