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US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investorsOracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...
Explained: Why Oracle shares crashed 10% in extended trading despite earnings beatOracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans ...
Oracle's AI spending blows past estimates, raising worries over growing debtOracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a ma...
Trump says he thinks AI companies will agree to 'giving back' to the publicPresident Trump plans to meet with top AI executives soon. He expects them to agree to 'give back' to the public. This could involve the go...
OpenAI weighs leasing Ohio data center with Nvidia backing: ReportOpenAI is in negotiations to lease a proposed 10-gigawatt data center campus on federal land in Ohio, in a deal that could include finan...
Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...
Binance extends pre-IPO perpetual lineup to OpenAI after SpaceX successBinance is democratizing pre-IPO price discovery with its new Pre-IPO Perpetual Contracts. These products allow eligible users to speculate...
Perplexity plans 2028 IPO regardless of Anthropic or OpenAI listings: ReportAI firm Perplexity plans to go public in 2028, irrespective of how Anthropic and OpenAI's IPOs perform. CEO Aravind Srinivas stated the 202...
Perplexity plans 2028 IPO regardless of Anthropic or OpenAI listings, CNBC reportsOpenAI confidentially filed for a U.S. IPO earlier on Monday, following Anthropic's filing last week. Elon Musk's SpaceX is also preparing ...
DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
China’s Moonshot AI seeks $30 billion value in new funding talksThe developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the m...
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...
How Larry Ellison, Masayoshi Son, Michael Saylor AI crypto billionaires reshaping legacy wealth in 2026 markets shift?Oracle’s AI cloud surge, SoftBank’s OpenAI-backed rebound, and MicroStrategy’s Bitcoin strategy reflect a new billionaire era. Over $1 tril...
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...
SoftBank to invest €75 billion in 5 GW French AI centresSoftBank Group is set to invest up to $87 billion in France to build 5 gigawatts of AI data center capacity, aiming to establish the countr...
OpenAI gives Japan banks access to latest model, Japan's finance minister saysThe release of new models of AI able to code at a high level has given hackers an unprecedented ability to identify cybersecurity risks a...
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...
Anthropic launches Claude Opus 4.8 today: Features, pricing and how it compares with OpenAI’s GPT-5.5 and Google’s Gemini 3.1 Pro explainedClaude Opus 4.8 explained: Anthropic has launched Claude Opus 4.8, its new flagship AI model, claiming superior performance over OpenAI's G...
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...
From Search Engines to Autonomous Agents: AI industry enters its next phaseThe AI industry is rapidly shifting from conversational chatbots to autonomous “Agentic AI” systems capable of independently executing comp...