The San Jose, California-based company raised $700 million, with trading firm Jane Street continuing its backing by leading ⁠the round, ⁠jo...

Anthropic is broadening its revolving credit facility past the initial target to prepare for its much-anticipated initial public offering. ...

Revenue during the second quarter of the year came to 31.3 billion yuan ($4.6 billion), an unaudited financial report showed, a 4% year-on-...

The European Central Bank warns that an AI market correction on Wall Street is likely, citing historical tech bubbles like the dot-com era....

Amid increasing scrutiny, the Trump family's business dealings with Chinese AI companies come into the spotlight. The partnership between W...

AI’s ecommerce ambitions are hitting a reality check as trust and changing buying habits are holding back chatbot-led commerce, writes Swat...

The AI startup's ⁠latest ⁠revenue run rate - a metric that projects annual performance by extrapolating current sales levels - was up from ...

The shift comes as enterprises turn AI usage into a recurring business expense and make cost and value management a larger part of AI trans...

Wall Street is currently assessing Anthropic's valuation in light of its anticipated revenue growth for the upcoming IPO. The AI company fo...

Claude's downloads and spending in India surged significantly in the June quarter. ChatGPT continues to dominate consumer spending on AI ap...

The letter highlights an investing strategy that Thrive pioneered in the venture capital industry: concentrating on a small subset of compa...

In July, Jane Street suffered a staggering $15 billion loss amid a challenging AI-driven stock market downturn. Despite this setback, the f...

Nvidia has unveiled a major financing initiative aimed at supporting artificial intelligence chip acquisitions. By collaborating with promi...

Nvidia announced on August 10 it has partnered with six major financial institutions including Goldman to launch compute platforms aimed at...

The AI model was developed in partnership with Alibaba Group and trained with the Chinese tech giant's support, the people said, declining ...

Goldman Sachs is negotiating with investors for Nvidia's massive AI financing initiative. U.S. insurers and money managers will likely form...

Cognition would be expected to raise over $1 billion in the round, Bloomberg reported. The company may still decide not to raise capital, o...