Vercel Notches $9.3 Billion Valuation in Latest AI Funding Round
Artificial intelligence startup Vercel raised $300 million in a new funding round led by Accel and Singapore’s sovereign…
Meta Needs a Cultural Change to Build Safe AI
“Move fast and break things.” If there’s a single corporate motto you can identify off the top of…
Bristol to Sell 80% Off Psoriasis Pill After Trump Demand
Bristol Myers Squibb Co. will sell its pill for psoriasis directly to cash-paying patients at a more than…
Jimmy Kimmel Takes Conciliatory Tone on Return to ABC Late-Night Show
Late-night host Jimmy Kimmel took a conciliatory tone in his return to TV Tuesday night, saying “it was…
Big Pharma Forces Britain to Take Its Medicine
Global drugmakers including Merck & Co., Eli Lilly & Co. and AstraZeneca Plc are pausing or canceling investments…
VCs Are Scrambling for a Piece of AI Darlings Like Anthropic, Cursor, Cognition
Raising venture capital money has been a breeze for Decagon AI Inc., a two-year-old startup developing artificial intelligence…
Nintendo’s Switch 2 Sales Boom Fails to Ease Game Developers’ Gloom
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the…
Nvidia to Invest $100 Billion in OpenAI for Data Centers
Nvidia Corp. will invest as much as $100 billion in OpenAI to support the building of new data…
Why Germany’s €500 Billion Infrastructure Fund Risks Falling Short
In September 2024, a railway bridge in Dresden spectacularly collapsed into the Elbe River, highlighting Germany’s desperate need…
Arnault Says French Wealth Tax Advocate Seeks to Destroy Economy
Bernard Arnault has waded into an ongoing debate on how to restore France’s finances, calling an economist who…
Trump Blocks US Steel Plan to Stop Production at Plant, WSJ Says
The US blocked United States Steel Corp.’s plan to stop production at a plant in Illinois, according to…
Does Online Ketamine Therapy Work? Safety Questions About Mental Health Trend
At first glance, it seems no substance better assuages the anxieties of our accelerationist era than ketamine. The…