Electric air taxi maker Archer hits back at Joby in countersuit alleging concealed Chinese ties
Archer's countersuit comes four months after Joby sued its rival for alleged 'corporate espionage.'
Last updated: 2026-03-10 07:13:34 ET
Pulse AI Brief
Updated Mar 10, 2026 7:00 AM ET
A 12-bank consortium led by SMBC, MUFG, Crédit Agricole CIB, and Société Générale arranged a record $1.24 billion loan for Blackstone-owned AirTrunk's Tokyo AI data center. The financing underscores aggressive capital deployment into Asia-Pacific AI infrastructure as global hyperscalers race to build compute capacity outside the US.
The deal signals strong appetite among Japanese and European banks for AI infrastructure assets; it validates Blackstone's thesis that data center REITs will command premium valuations. Construction and semiconductor equipment suppliers benefit from accelerated capex cycles in Asia.
Japan is positioning itself as a critical hub for AI compute, reducing dependency on US-based infrastructure and diversifying geopolitical risk. The record loan size reflects how AI capex is reshaping global capital markets and real estate fundamentals.
Archer's countersuit comes four months after Joby sued its rival for alleged 'corporate espionage.'
Over the weekend, Israel struck fuel depots in Tehran for the first time, sending fireballs and plumes of thick black smoke skyward. Iran is increasin...
This marks the first time the F-47 has appeared by name in a public Air Force acquisition document tied to a specific weapon system.
The federal government has selected eight proposals to test electric aircraft across 26 states.
Environmentalists in Guam and the Trump administration are squaring off over the Air Force’s disposal of hazardous munitions on a beach.
John Plueger, Air Lease CEO, joins 'The Exchange' to discuss the surge in jet fuel prices, the company's demand picture and much more.
Pennington, 26, from Glendale, Kentucky, was wounded on March 1 during an Iranian strike at Prince Sultan Air Base in Saudi Arabia. He died on Sunday.
Turkey said on Monday that NATO air defences shot down a second ballistic missile fired from Iran into Turkish airspace.
High-powered AI and cloud servers crunching data need huge amounts of power and give off intense heat that traditional air cooling systems are often...
Conservative outlet aired footage of president saluting at similar ceremony in December for at least three broadcastsFox News used old video of Donald...
Unlock the AI Macro Analyst to drill down into the data, explore hidden risks, and query the entire market briefing in real-time.
LOG IN / SUBSCRIBE