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Moonshot is creating new winners and losers in the AI tradeThe Chinese startup unveiled Kimi K3 on Friday, a model that it says delivers performance that rivals top-tier offerings from OpenAI and An...
DeepSeek’s Liang Wenfeng tops Dario Amodei and Greg Brockman as richest AI founderLiang is now worth $36 billion, up from about $16.7 billion previously, according to the Bloomberg Billionaires Index. That ranks him well ...
Sam Altman says OpenAI made ‘many changes’ during talks with USIn an interview with CNBC on Thursday, Altman said the ChatGPT maker had a “collaborative back and forth” with top US officials, including ...
America’s battlefield dominance is under serious threatThe article argues that warfare is undergoing a rapid transformation driven by drones, artificial intelligence and cheaper technologies tha...
South Korean shares rebound 6% but face second weekly lossSouth Korean equities rebounded sharply on Friday, with the Kospi jumping nearly 6%, led by strong gains in heavyweight stocks like Samsung...
Tech equity sales renew AI debt-binge worriesTech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it al...
OpenAI weighs IPO in 2027 after expected Anthropic public debutAI giant OpenAI is reportedly eyeing a 2027 initial public offering, potentially after rival Anthropic. Both companies have confidentially ...
Google poised to lose two more senior AI staffers to AnthropicTheir moves rattled investors and cast new doubt on Google’s ability to compete in the fierce race to build better models.Shares of Alphabe...
Musk’s SpaceX adds billions in debt while cutting interestElon Musk's SpaceX has successfully issued $25 billion in investment-grade bonds, a move that consolidates debt from X and xAI while loweri...
Early Anthropic backer Menlo lands $3 billion in its largest-ever haulMenlo is set to announce that it’s raised $3 billion for a set of funds dedicated to backing AI startups, marking the venture firm’s larges...
SpaceX falls for third day, erases $600 billion in market valueSpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announ...
Lutnick’s Anthropic crackdown claims new power over AI modelsThe US government has taken an unprecedented step, using export control laws to restrict foreign access to advanced AI models from Anthropi...
Amazon in talks to sell custom AI chips in bid to cut Nvidia’s dominanceAmazon is planning to sell its custom artificial intelligence chips to other companies. This move aims to compete with Nvidia's strong hold...
SpaceX bankers prepare for bond sale of at least $20 billionSpaceX is preparing to discuss a massive bond offering with investors. The company plans to raise at least $20 billion. This move follows i...
AI company Dream triples value to $3 billion in funding roundBicycle Capital and Group 11 led the round, which nearly tripled its valuation from $1 billion in February 2025, Dream co-founders Shalev H...
Anthropic block marks US reversal, warning to Silicon ValleyAmerica has taken a significant step by blocking foreign access to Anthropic's top AI models. This move follows concerns about bypassing se...
France’s Mistral in funding talks at about €20 billion valuationFrench AI startup Mistral AI is reportedly in talks to raise approximately €3 billion ($3.5 billion) at a valuation of around €20 billion. ...