Most Banks Wait Six Years for AI Payback. Discovery Didn’t.
Banks have a lot of data on their customers, but most of it sits unused. The customer gets…
OpenAI CFO: Company Hits Core Targets Despite Stretch Goals
OpenAI Chief Financial Officer Sarah Friar said Thursday (April 30) that the company is meeting its objectives. Interviewed by Bloomberg for…
1 in 4 S&P 500 Companies Can Now Prove AI Pays
A year ago, most large companies were running artificial intelligence (AI) pilots and calling it progress. Now they’re…
Accel Prepares to Pour $5 Billion Into Global AI Breakouts
Venture capital firm Accel has raised $5 billion in late-stage capital to invest in artificial intelligence (AI) companies. The company’s partners said in a…
Sona Raises $45 Million to Expand AI Platform for Frontline Firms
Sona raised $45 million in a Series B funding round to accelerate the expansion of its artificial intelligence…
MIIS 2026: Bolt-ons, continuation funds power India’s next private equity cycle
India’s private equity industry is seeing a rise in buyout opportunities as a growing pool of mature assets…
Amazon to Sink $12 Billion Into Data Centers as Wall Street (and Everyone Else) Turns Against AI Spending
Wall Street is starting to waver when it comes to the extraordinary amount of money being poured into…
‘Didn’t want to sell a single share’: SoftBank founder says he was ‘crying’ while offloading Nvidia stake — here’s why
SoftBank Group founder Masayoshi Son revealed that he “was crying” when he sold the company’s stake in Nvidia,…
China’s AI stock rally has room to run as valuations lag US giants, Goldman Sachs says
The artificial intelligence-led stock rally in China is far from a bubble, as the nation’s technology firms still…