OpenAI Is Falling Out of Favor With Secondary Buyers
(Bloomberg) — OpenAI shares have fallen out of favor on the secondary market — in some cases becoming…
Virgin Galactic is booking space trips at $750,000 apiece
(Bloomberg) — Virgin Galactic Holdings Inc. (SPCE) shares jumped after it resumed sales of its commercial space flights…
China Increases Overseas Investment Quota by Most Since 2021
(Bloomberg) — China raised the cap on institutional investors’ overseas securities purchases by the most since 2021, aiming…
Microsoft Set for Worst Quarter Since 2008 as AI Fears Converge
(Bloomberg) — Microsoft Corp. is at the intersection of two troubling trends roiling the technology sector, which has…
Claude AI Maker Anthropic Considers IPO as Soon as October
(Bloomberg) — Anthropic PBC is considering going public as soon as in October, according to people familiar with…
No Major Apple Watch Redesign Expected This Year
In addition to indicating that a new full-sized HomePod is in the works, and that the foldable iPhone…
Peter Thiel is betting big on a $2B AI cow collar startup powered by cowgorithms — and investors are fighting to get in
An artificial intelligence startup that makes collars for cows is about to be worth more than $2 billion…
Shockwave of War Is Rippling Through the Global Economy
Photographer: Rebecca Noble/Bloomberg (Bloomberg) — The global economy’s first collective health check since war broke out in the…
Halter tipped for raise at $3.3 billion valuation, Kiwi fund details huge gains
Halter, now incorporated in California but with most of its R&D and management in Auckland, was founded in…
Drone Tech Maker’s 1,000% Surge Shows Latest Wall Street Fad
Bloomberg (Bloomberg) — The eye-popping market debut of a tiny drone software company this week reveals a newfound…
Traders Overwhelmed by Iran News Are Turning to AI for Help
Photographer: Majid Saeedi/Getty Images (Bloomberg) — As Maxence Visseau spent the first few days of the Iran war…
Alibaba, Tencent Shares Lose $66 Billion as AI Vision Falls Flat
(Bloomberg) — Alibaba Group Holding Ltd. (BABA) and Tencent Holdings Ltd. (TCEHY) lost $66 billion of market value…