Marvell to Acquire Lumentum in $115B Deal, Backed by Nvidia

Key Takeaways

• <ul><li>Marvell to acquire Lumentum in $115 billion all-stock deal targeting AI data center optical technology</li><li>Nvidia is a major investor in both companies and supports the merger</li><li>Deal targets $550 billion total addressable market with over $1 billion in cost synergies</li><li>PPG expects paint sales to AI data centers built by Microsoft, Google, and Amazon to triple this year</li><li>Interactive Brokers launches autonomous trading and AI-built screeners for all clients</li><li>Alpha Scorpion deploys Scorpius AI with over 300 trading agents across global offices</li><li>Reddit shares fell 29% over concerns Google AI search could reduce website traffic</li><li>Tanium joins OpenAI Trusted Access program to use GPT Cyber Models for security</li><li>Argentina's Milei proposes cutting corporate tax to 15% to attract AI investment to Patagonia</li><li>Malaysia reports 132 of 184 entry-point scanners now use AI but need more training</li></ul>

Marvell to buy Lumentum in $115 billion AI deal

Marvell Technology agreed to buy Lumentum Holdings in an all-stock deal worth $115 billion. The deal is meant to strengthen Marvell's position in the AI data center market. Lumentum makes lasers and optical technology that moves data at high speeds. Marvell shareholders will own 67 percent of the combined company. The deal is expected to close in the first half of 2028.

MRVL Lumentum buyout points to long-term AI infrastructure growth

Marvell's planned acquisition of Lumentum highlights the growing demand for optical and photonics technology in AI infrastructure. Photonics allows data to travel at the speed of light through fiber-optic networks, avoiding the heat problems of copper wiring. The deal targets a $550 billion total addressable market and over $1 billion in cost synergies. Both companies are expected to see strong revenue and earnings growth in the coming years.

Marvell's $115 billion Lumentum deal sends stocks tumbling

Marvell's $115 billion plan to acquire Lumentum caused both companies' shares to drop sharply. Marvell fell 13 percent and Lumentum fell about 19 percent as investors worried the price was too high. Lumentum had risen over 450 percent in the past year due to AI hype. Nvidia is a major investor in both companies and supports the deal. Marvell CEO Matt Murphy said the merger strengthens the partnership with Nvidia.

Interactive Brokers adds autonomous trading to AI toolkit

Interactive Brokers announced that its platform now includes autonomous trading for all clients. The new feature lets clients set up automatic trades when certain conditions are met. The AI toolkit also includes AI-built screeners that use machine learning to find investment opportunities. The company aims to give traders more advanced tools for making informed decisions. Interactive Brokers is listed on the NASDAQ under the ticker IBKR.

Interactive Brokers expands autonomous AI trading toolkit

Interactive Brokers expanded its Connector platform with autonomous trading and AI-built screeners. The new tools are designed to help traders make better decisions and improve their trading experience. Users can access real-time market data, customizable charts and automated trading strategies. Chairman and CEO Thomas A. Jones said the expansion is a major step in empowering traders and investors. The new features are available now through the Interactive Brokers website.

Alpha Scorpion launches Scorpius AI with 300 trading agents

Alpha Scorpion is advancing its Scorpius AI strategy framework using more than 300 AI Trading Agents. The system combines specialized analytical roles such as market research, risk monitoring, and signal validation. Human experts in New York, Singapore, Dubai, and Sydney guide the AI-driven trading process. The goal is to improve trading efficiency and risk-adjusted performance through coordinated automation.

PPG paint sales to AI data centres set to triple

PPG, a 143-year-old Pittsburgh coatings company, expects paint sales to AI data centres to triple this year. The gray paint protects steel from fire, rust, and static electricity in facilities built by Microsoft, Google, Amazon, and others. PPG's flagship product is Steelguard 951, tested at a facility near Pittsburgh. Industry leaders say data centre construction is driving unusual growth in protective coatings.

Reddit traffic drop raises AI search concerns for other stocks

Reddit shares fell about 29% after warning that Google AI search could reduce website traffic. Media companies, travel platforms, Yelp, Angi, Zillow, and Pinterest may also face similar risks. These businesses depend on organic search for audience reach and revenue. Reddit plans to test a logged-in-only experience in some markets outside the U.S. to limit content scraping and retain users.

Calvin Engen explores AI and meaning in The Infinity Formula

Calvin Engen examines how artificial intelligence connects with consciousness and humanity's search for meaning in his work The Infinity Formula. The project considers how rapid AI advancement offers new ways to explore long-standing human questions. The article highlights the intersection of technology, philosophy, and personal reflection. It frames AI as a tool that can reshape how people understand themselves.

Tanium joins OpenAI Trusted Access program for cyber security

Tanium has joined the OpenAI Trusted Access for Cyber program to strengthen its platform using frontier AI. The company will use OpenAI GPT Cyber Models for threat research, vulnerability remediation, and platform security. Tanium says the research will improve detection content and help customers reduce risk faster. The program includes identity verification and access governance safeguards.

SAP stocks fall as Sovereign AI faces cost margin test

SAP stocks declined as the company faces a margin test with its Sovereign AI initiative. SAP supports AI agents and workflow automation using enterprise data including SAP S/4HANA. The company disclosed no contract value or revenue forecast, so the commercial payoff remains unknown. Sovereign AI could help SAP win customers with strict governance needs, but infrastructure and support costs may rise. The key question is whether paid adoption will generate enough revenue to cover computing, implementation and support costs.

Malaysia says AI scanners at entry points need more training

Malaysia's Deputy Transport Minister Datuk Hasbi Habibollah said AI-powered scanners at entry points still need more training. The systems at locations like Port Klang and Malaysia Airlines cargo areas are still in a learning stage. He said the AI sometimes cannot identify items accurately because its data is not yet sufficient. Officers are collecting data to feed into the system, following recommendations from the Malaysian Anti-Corruption Commission. Of the 184 cargo and baggage scanning machines at main entry points, 132 already have AI-based technology.

Argentina's Milei promotes regulation-free AI haven in Patagonia

Argentina's President Javier Milei is promoting a regulation-free AI environment to attract foreign investment. He proposed cutting the corporate income tax rate from 25% to 15% for projects of at least $1 billion in AI and emerging industries, pending Senate approval. Milei cited Patagonia's geography as a key advantage, including open land, a chilly climate, wind power and the Vaca Muerta shale deposit. Green Capital plans a $3 billion data center in Patagonia to lease to big tech firms for AI computing. Critics warn that data centers may not strengthen Argentine technological sovereignty and raise environmental concerns.

Sources

• Marvell to buy Lumentum in $115-billion deal to expand its AI business
• MRVL's Proposed LITE Buyout Suggests Long-Term AI Infrastructure Boom
• Marvell's $115-billion Lumentum acquisition sends both stocks tumbling as investors question the AI megadeal
• Interactive Brokers stock adds autonomous trading to AI toolkit
• Interactive Brokers stock expands autonomous AI trading toolkit
• Alpha Scorpion Combines 300+ AI Trading Agents with Global Trading Expertise to Advance Intelligent Trading
• 143-year-old Pittsburgh paint company finds its biggest boom as Microsoft, Google, Amazon build AI data centres; gray paint sales to data centres set to triple; VP says: “I’ve never seen a…
• What other stocks are vulnerable to AI search after Reddit's traffic red flag?
• Calvin Engen Explores the Intersection of Consciousness, Artificial Intelligence, and the Search for Meaning in ‘The Infinity Formula’
• Tanium Joins OpenAI Trusted Access for Cyber Program to Strengthen Platform Security with Frontier AI
• SAP Stocks Decline as Sovereign AI Faces a Margin Test
• AI scanners need more training
• Argentina's Milei pitches a regulation-free AI haven at the end of the world