Warner Bros. Begins Exclusive Deal Talks With Netflix
Warner Bros. Discovery Inc. has entered exclusive negotiations to sell its film and TV studios and HBO Max…
AI: Are DeepSeek Moments Now the New Normal?
A little-known Chinese AI company recently released an open-source reasoning model that challenged Western dominance and was developed…
Microsoft Eyes Longest Selloff Since 2011 as AI Trade Weakens
Microsoft Corp. is on track for its longest streak of daily losses in more than a decade as…
Alphabet, Amazon Stakes in Anthropic Boost Profit by Billions
Alphabet Inc. and Amazon.com Inc. were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings…
Perplexity’s Investor Demand Shows Just How Wild the AI Bubble Has Become
In the new AI gold rush, startups aren’t raising money every year; they’re raising massive rounds every month.…
Nvidia to Invest Up to $1 Billion in AI Startup Poolside
Nvidia Corp. plans to invest as much as $1 billion in the artificial intelligence company Poolside, according to…
OpenAI May Target $1 Trillion Valuation in IPO, Reuters Says
Artificial intelligence startup OpenAI is preparing to file for an initial public offering as soon as next year…
Sequoia Capital Invests in AI Tool That Could Replace Junior Bankers
Sequoia Capital is making a bet on the future of Wall Street, leading an investment in Rogo Technologies…
Anthropic, Google in Talks on Multibillion-Dollar Cloud Deal
Anthropic PBC is in discussions with Alphabet Inc.’s Google about a deal that would provide the artificial intelligence…
Nvidia-Backed Cohere to Offer Secondary Sale of Employee Shares
Cohere Inc., the Nvidia Corp.-backed artificial intelligence startup that raised funds at a $7 billion valuation a month…
Treasuries Rally Drives Home Haven Role as Credit Worries Swirl
All it took was a classic bout of haven buying to wake up a slumbering Treasuries market and…
OpenAI overtakes SpaceX with $500bn valuation
Lloyds Banking Group and Schroders are to end their British wealth joint venture after the business struggled to…