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…
Asian Stocks Drop as Tech Valuations Weigh on Mood: Markets Wrap – Bloomberg.com
Asian Stocks Drop as Tech Valuations Weigh on Mood: Markets Wrap Bloomberg.comBreakingviews – Stock market frenzy is a louder…
Palantir Reports Record Quarterly Revenue, Hikes Forecasts (PLTR)
Palantir Technologies Inc. raised its annual revenue outlook to $4.4 billion and outpaced analyst estimates for third-quarter sales,…
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…
OpenAI May Target $1 Trillion Valuation in IPO, Reuters Says
Artificial intelligence startup OpenAI is preparing to file for an initial public offering as soon as next year…
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…
Microsoft to Get 27% of OpenAI, Access to AI Models Until 2032
OpenAI is giving its long-time backer Microsoft Corp. a 27% ownership stake as part of a restructuring plan…
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…
Core Scientific Jumps After ISS Advises Against CoreWeave Deal
Core Scientific Inc. shares jumped in late trading after a key proxy adviser said a takeover bid by…
OpenAI Looks to Replace the Drudgery of Junior Bankers’ Workload
OpenAI has more than 100 ex-investment bankers helping train its artificial intelligence on how to build financial models…
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…