Asia’s AI Boom Faces Reality Check as Foreigners Deepen Selling
Global investors are pulling money from Asia’s biggest AI markets at the sharpest pace in at least seven…
Murati’s Thinking Machines in Funding Talks at $50 Billion Value
Thinking Machines Lab, an artificial intelligence startup founded by former OpenAI executive Mira Murati, is in early talks…
SoftBank Unloads Nvidia Stake for $5.8 Billion in Surprise Move
SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.8 billion ahead of a rash of…
Xpeng Shares Surge to Highest in Eight Months On Optimism Over Humanoid Robots
Xpeng Inc. shares surged to their highest level in three years, amid growing optimism over the Chinese electric…
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…
AMD’s Best Month Since 2001 Brings Show-Me Pressure to Earnings
After its best month in the stock market in almost 25 years, Advanced Micro Devices Inc. needs to…
Surgery-Imaging Firm Ultragreen.ai Starts Gauging Interest for Singapore IPO
UltraGreen.ai, a provider of fluorescence technology used in surgical imaging, has started gauging investor interest for its initial…
Global AI Bubble Burst May Aid Flows Into Indian Stock Market
Before the trading day starts we bring you a digest of the key news and events that are…
Leading AI Researcher Is Raising $1 Billion to Build AI Models With EQ
Eric Zelikman, a top AI researcher who departed xAI in September, is raising $1 billion at a $4…
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.…
BofA’s Hartnett Sees Gold, China Stocks as Best AI Boom Hedges
Chinese stocks and gold are the best hedges against a boom in the artificial intelligence trade that has…