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Seattle DJC.com local business news and data – Construction
Subscriber content preview June 26, 2026 Construction begins on WWU’s new ‘front door’ Rendering by Miller Hull Partnership [enlarge] The Student Development and Success Center will house a welcome center and co-locate services for current and prospective students. General contractor BNBuilders has broken ground on the Student Development and Success…
Michael Saylor’s Strategy faces no easy way out as bitcoin prices continue to drop
Pressure on bitcoin’s biggest buyer, Strategy (MSTR), isn’t letting up. The company is experiencing pains as a result of its financial engineering. Starting last year, it issued a series of high-dividend preferred stocks to fund bitcoin purchases. While bitcoin (BTC-USD) prices dropped, its obligations to pay dividends only grew. Strategy’s stock fell on Thursday to…
OpenAI, Anthropic new AI spending reality as users shift to efficiency
India Prime Minister Narendra Modi, left, with OpenAI CEO Sam Altman, center, and Anthropic CEO Dario Amodei at the AI Impact Summit in New Delhi on Feb. 19, 2026. Ludovic Marin | Afp | Getty Images Flo Crivello’s expenses were out of whack, and there was only one way to get them under control. Earlier…
Trump threatened 100% tariffs on Europe. Here’s why nobody flinched
A year ago, when President Donald Trump threatened sky-high tariffs on nearly everything coming from everywhere, global markets trembled and foreign leaders scrambled. Now the same threat barely registers. That’s largely thanks to a February Supreme Court ruling that stripped the president of his most potent tariff weapon and left him with far more limited…
Finalists set to bid on $442M W. Seattle water storage facility
Three shortlisted firms are gearing up to submit proposals for a heavy civil general contractor/construction manager gig upgrading a regulator station in the North Delridge area. Source link
ON Semiconductor stock tanks 20% following Synaptics deal
ON Semiconductor CEO Hassane El-Khoury defended the company’s core business as shares tanked 20% after announcing its largest acquisition to capitalize on physical artificial intelligence. The maker of power and sensing components for the automotive industry on Thursday announced plans to buy edge AI and wireless connectivity solutions company Synaptics in an all-stock deal. The…
IBM stock seesaws after unveiling chip ‘the size of a fingernail’ in AI push
What happened: IBM (IBM) shares erased earlier gains to slip into negative territory on Thursday. What’s behind the move: The enterprise information technology company unveiled what it called the world’s first sub-1-nanometer (nm) chip technology. “IBM’s new sub-1 nm chip packs nearly 100 billion transistors onto a chip the size of a fingernail, nearly twice the density…
Micron overtakes Meta in market value amid relentless AI infrastructure demand
Micron Technology edged past the market valuation of Meta Platforms for the first time on Thursday, after the memory chipmaker’s solid forecast helped extend its AI-driven ascent. Source link