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Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecastAnthropic is projecting 2028 revenue of roughly $190 billion to $200 billion, according to two people familiar with the company's financial...
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources sayAs Anthropic prepares for its initial public offering, Wall Street is keenly evaluating the company's worth through the lens of its project...
Elon Musk vs Michael Burry: World's richest man says AI internet traffic will outpace humans, market expert asks who is payingElon Musk says AI agentic traffic will eventually vastly exceed human internet usage, while Michael Burry questions who will pay for AI age...
Cloudflare CEO says Vinod Khosla urged him to oust his cofounders during funding talksCloudflare CEO Matthew Prince claims Vinod Khosla suggested he remove cofounders during 2012 funding talks. Khosla denies this, stating his...
US Stock Market: AI anxiety batters US software stocks as growth narrative faces fresh testU.S. software stocks tumbled as renewed fears over AI’s disruptive impact hit sentiment, with Reuters reporting steep declines across major...
IT stocks crash: JPMorgan analysts decode the logical and illogical reactionJPMorgan says the recent global IT selloff amid AI disruption fears has veered from rational concern to outright panic. Analyst Mark Murphy...
Andreessen Horowitz makes a $3 billion bet against the AI bubbleThe venture capital firm, which goes by the nickname a16z, set up a dedicated $1.25 billion war chest in 2024 for bets on AI infrastructure...
US market close: Stocks fall as tech slumps and bitcoin drops below $90,000; Dow sheds nearly 500 points, S&P logs longest losing streak since AugustUS stocks fell on Tuesday as tech shares dropped and Bitcoin went below $90,000. The Dow lost nearly 500 points, and the S&P 500 continued ...
US stock market ends the October on a strong note — How did the S&P 500, Nasdaq and Dow perform? Here’s the top gainers and losers on Wall StreetUS stock market today surged as Amazon shares jumped 9.6% after reporting Q3 revenue of $180.2 billion and 20% growth at AWS. The Nasdaq ro...
Databricks continues M&A spree, will buy Neon for $1 billion in AI-agent pushDemand for AI agents, programs that need little human intervention in executing routine tasks such as writing code or sending emails, has b...
2025’s top AI cloud stock skyrockets 55%; should you bet on more gains? Here's the breakdownCloudflare's stock rose 55% this year due to its AI-driven solutions. It reported revenue growth of 29% to $1.67 billion and a 53% increase...
S&P 500 hits record high on Netflix earnings, chips' boostThe S&P 500 hit an all-time high for the third time in less than a week, fueling a bull-market run it confirmed on Friday after closing at ...
Inventive deeptech can yield up to 50% ARR growth for B2B SaaS companies: ReportInventive deeptech in this context refers to a mix of creative thinking and advanced technical acumen by companies that have leveraged tech...
India’s first non-veg unicorn; Facebook outage explainedLicious has raised $52 million in a funding round led by IIFL Asset Management's private equity fund at a valuation of just over $1 billion...
How tech won the pandemic and now may never loseAfter stepping aside as chief executive early this month, Bezos flew to suborbital space for 10 minutes this week. Upon returning, he expre...
Fund managers renew love for tech stocks as interest rates easeJust a month ago, the shares of faster-growing tech companies were being pummeled amid fears that hot inflation readings would push interes...
Billionaire families reshape Silicon Valley’s venture terrainOver 70% of billionaire families in Asia are investing in venture, which is higher than what's being seen in the U.S. and Europe, where tha...
Alphabet, Facebook seen acquiring more as startup valuations sagFalling valuations present startup founders with difficult choices: They will have to reduce their cash burn and try to grow to earn back a...
Nine tech companies you didn't know you were obsessed withConsumer tech brands may get all the love, but there are actually millions of business software that's behind some of your favorite apps an...