Apollo wraps up $35 billion debt to buy AI chips for AnthropicThe package, one of the biggest private credit transactions in history, highlights the race by top-tier financiers to fund data center cons...
Meta AI chief sees opportunity in models’ giving health adviceThe 29-year-old founder of data-labeling startup Scale AI joined Meta after Chief Executive Officer Mark Zuckerberg overhauled his company’...
Jamie Dimon to pitch JPMorgan’s ultra-rich clients on SpaceX IPOJPMorgan Chase CEO Jamie Dimon will discuss the upcoming SpaceX initial public offering with thousands of the bank's wealthy clients. This ...
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weaknessIndian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This ...
SpaceX needs to get to $5 quadrillion to rival mag seven magicUpcoming trillion-dollar IPOs from SpaceX, OpenAI, and Anthropic are set to redefine market valuations, asking investors to wager heavily o...
SpaceX, OpenAI windfall fuels bets on next-wave Asian AI winnersAnticipating significant capital raises from tech giants like SpaceX and OpenAI, investors are shifting focus to Asian supply chain compani...
OpenAI has discussed adding Citigroup, JPMorgan to bank lineup for IPOOpenAI filling out its roster of underwriters would bring it a step closer to an IPO, which could come later this year. A confidential IPO ...
Anthropic eclipses OpenAI with valuation of $965 billionAnthropic PBC has raised funding at a $965 billion valuation, overtaking rival OpenAI for the first time. The round was led by Altimeter Ca...
AI coding startup Cognition raises $1 billion at $26 billion valueAI startup Cognition has secured over one billion dollars in a new funding round. This brings its valuation to a massive twenty-six billion...
Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...
Meta begins 8,000 global job cuts in Asian hub of SingaporeMeta Platforms is laying off approximately 8,000 employees globally as part of a restructuring to boost efficiency and reduce costs, while ...
Elon Musk’s xAI promised staff $420 for their tax returns, hasn’t paidElon Musk's xAI offered employees a $420 payment for their tax returns to train its Grok chatbot. Two months later, these promised payments...
US Stock Market IPO in 2026: SpaceX, Anthropic, OpenAI, Inspire Brands, Discord. Check filing details, price, valuationsIPOs in 2026: SpaceX, Anthropic, OpenAI, Inspire Brands, Discord will head for IPOs as consumer Initial Public Offerings market in the Wall...
Anthropic in talks to raise $30 billion at $900 billion valuationAI firm Anthropic is in early talks to raise over thirty billion dollars. The company seeks a valuation exceeding nine hundred billion doll...
Kimi chatbot maker Moonshot AI valued at $20 billion in Meituan-led roundMoonshot AI has secured approximately $2 billion in its latest funding round, propelling its valuation to over $20 billion. This significan...
OpenAI finalises $10 billion joint venture with PE firms to deploy AIOpenAI has launched a new venture, The Deployment Company. It has secured over $4 billion from 19 investors. This company will focus on hel...