Databricks said on Thursday it has signed a term sheet for a strategic funding round that values the data analytics software firm at $188 b...

Wall Street's investment banking recovery is gathering momentum, driven by a rebound in IPOs, M&A deals and corporate debt issuance. The si...

SpaceX's stock has fallen below its initial public offering price. This development raises concerns about market valuations and investor se...

Investment banks have reaped strong fees from AI-related deals, including SK Hynix's $26.5 billion ADR offering and SpaceX's record $86 bil...

Data center operator Switch is preparing for a significant initial public offering. This offering could potentially raise up to ten billion...

Wells Fargo reported a significant profit increase in the second quarter. Strong trading desks and robust loan growth fueled this positive ...

Billions of dollars have flowed into instruments dubbed "pre-IPO perpetual futures", which have no direct link to the underlying shares but...

SpaceX's current value stems from building essential AI infrastructure on Earth. The company is generating significant revenue from terrest...

Infrastructure providers, particularly data centers, are poised to be among the biggest beneficiaries of the AI boom as businesses and cons...

The IPO of Elon Musk's SpaceX, whose holdings include artificial-intelligence firm xAI, raised a record $85.7 billion for the company and g...

OpenAI on Thursday unveiled ChatGPT Work, ⁠an ⁠agent in its popular chatbot designed to ⁠execute tasks across different applications ⁠and f...

The loan makes BofA one of OpenAI's largest lenders and bolsters its credentials as a market leader in AI-related capital ⁠markets ⁠financi...

Gulf sovereign funds invested $1.7 billion in India during the first half of 2026. This investment defied geopolitical tensions and fears o...

The proposed arrangement would involve other U.S. AI companies handing over a similar stake to ⁠the government, The Financial Times reporte...

The U.S. government is in advanced talks with AI companies to create voluntary standards for the release of new models, with an announcemen...

The launch is part of Anthropic's ⁠life sciences ⁠and healthcare initiative, which the IPO-bound company has been developing since October ...

The action comes two weeks after the government ordered the AI firm to suspend access to some of its models, due to fears they could be dep...