Elon Musk’s artificial intelligence company xAI has acquired a 1 million-square-foot facility in Southwest Memphis, Tennessee. The acquisition follows xAI’s announcement from last December that it planned to expand the “Colossus” supercomputer facility it...
A real estate agent gets slammed for insulting a waiter, another agent seeks to oust Los Angeles’ mayor, and a huge hole that needs to be filled. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 3-7. Miss: Comeuppance...
The alternative asset management company Blackstone (NYSE: BX) announced the final close of its most recent commercial real estate debt fund, Blackstone Real Estate Debt Strategies V (BREDS V), which has approximately $8 billion of total capital commitments. The Wall...
The Open Space Institute (OSI), a land conservation organization, has acquire more than 3,100 forested acres within the New York’s Catskill Park for $6.2 million. The property, one of the largest parcels of privately-owned, contiguous forestland remaining within the...
Seven & i Holdings Co. Ltd. (OTCMKTS: SVNDY), the Tokyo-headquartered parent company of the 7-Eleven convenience store chain, announced it will spin off its North American operations into a separate company. In a press statement, the company declared it would...
The overlap between the real estate industry and artificial intelligence (AI) solution is the focus of this week’s Tech Trends coverage. Addressing Agent Efficiency. Phoenix-headquartered Lofty (formerly Chime Technologies) has debuted Lofty AI Copilot, which is...
