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SoftBank to face scrutiny of AI strategy at second-quarter earnings after selloffSoftBank Group is on the brink of unveiling its quarterly earnings, navigating a turbulent landscape marked by challenges in the artificial...- SoftBank credit default swaps hit 4-year high as AI profitability concerns mountSoftBank Group’s five-year credit default swap spread climbed to a four-year high as investors grew increasingly concerned about the profit...
- SoftBank credit risk jumps to 4-year high as AI fears roil marketThe cost of insuring against a default for tech investor SoftBank Group jumped to its highest in four years on Friday as worries about AI p...
- ETtech Explainer: Why Meta is raising billions through bondsDeveloping AI models and offering AI-powered services requires enormous computing capacity. This involves building data centres, purchasing...
- AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
- AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
- Binance hack raises crypto security fears: Why are Strategy and Bitmine still buying Bitcoin (BTC USD) and Ethereum (ETH USD)? What did Michael Saylor and Tom Lee sayStrategy purchased 811 BTC USD worth more than $65 million, its largest acquisition since late September, while Bitmine added $19 million i...
- KKR, Singtel and Tata Communications put data centre company STT GDC India up for sale at over $5.5 billionIn a significant move, KKR, Singtel, and Tata Communications are gearing up to offload STT Global Data Centres India, anticipating a valuat...
- Accountability tames AI autonomy as DSCI outlines its liability frameworkIn the framework titled AI Liability: Industry Guidance for Agentic AI, DSCI said assigning liability solely to the organisation deploying ...
- Nvidia's web of AI bets: smart strategy or bubble risk?Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portfolio of stakes, loans and guarante...
- AI’s 3-week blitz digs up 14,000 security flaws in open-source softwareGoogle Cloud’s Mandiant team reported a similar acceleration in vulnerability discovery. In August, it said that its AI-assisted system had...
- Shares in Google owner Alphabet sink on profit miss, ad slowdownAlphabet has witnessed a notable decline in its net profit and advertising revenue for the third quarter, specifically from July to Septemb...
- Satya Nadella owns only a tiny stake in Microsoft; how the CEO built an estimated $1.4 billion fortuneSatya Nadella’s $1.4 billion fortune did not come from owning a large part of Microsoft. The CEO built his wealth mainly through company sh...
- When is Anthropic IPO? Tom Brown leads seven co-founders with $24 billion stake as founders pledge 80% of their wealth but could still retain controlAnthropic IPO: AI giant Anthropic filed for an IPO on Monday and is reportedly aiming to go public by the end of November. Anthropic’s IPO ...
- AI bubble to burst soon? Artificial Intelligence meltdown in China but Anthropic IPO at US Stock Market tell interesting stories of AI boomAmid the billions — even trillions — at stake, worries about an AI boom are looming in the background along with concerns about keeping the...
- AI stocks rise as Anthropic nears Wall Street debut amid investor cautionA successful flotation by a pure-play AI giant such as Anthropic could reshape how markets value parts of the booming industry, including c...
- Timeline: Anthropic's path from AI startup to industry-defining IPOAnthropic's IPO filing marks a significant step toward becoming the first public listing for a frontier AI lab. The company has raised a to...
- From Carnegie to Claude: AI wealth could reshape philanthropyA wave of American wealth created by artificial intelligence companies could produce some of the largest charitable sums since the era of A...
- What kind of AI economy does India want to build?India's debate on regulating artificial intelligence is evolving and mostly focuses on copyright and economic incentives. Recent legal ruli...
- Ahead of massive IPOs, AI companies are sketching plans to share their wealthOn Sunday, Anthropic said it would commit 5% of its shares to the Anthropic Public Benefit Fund, a new entity within the company, pending a...
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