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…
SK Chairman Projects Strong Demand for AI, Plays Down Fears of Spending Bubble
Chey Tae-won, the billionaire chairman of South Korea’s second-largest conglomerate, projected strong demand for artificial intelligence over the…
Andreessen Horowitz Invests in Legal AI Startup Harvey at an $8 Billion Valuation
Harvey, a startup building artificial intelligence tools for law firms, has closed its third major funding round of…
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…
AI Music Generator Suno in Funding Talks at $2 Billion Valuation
Suno Inc., a startup that generates music using artificial intelligence, is in talks to raise over $100 million…
Starlink Rival AST SpaceMobile (ASTS) Gets Rare Sell as Lead Narrows
AST SpaceMobile Inc. shares have more than tripled this year as the race for space-based cell phone connectivity…
OpenAI overtakes SpaceX with $500bn valuation
Lloyds Banking Group and Schroders are to end their British wealth joint venture after the business struggled to…
Global Chipmakers Add $200 Billion in Record Rally on AI Frenzy
Global chipmakers saw their market value soar as investors rushed to get exposure to artificial intelligence, the latest…
JPMorgan Boosts Alibaba Price Target by Almost 45% on AI, Cloud Optimism
JPMorgan Chase & Co. has raised its price target for Alibaba Group Holding Ltd.’s Hong Kong shares by…
OpenAI Completes Share Sale at Record $500 Billion Valuation
OpenAI has completed a deal allowing current and former employees to sell about $6.6 billion worth of shares…