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SoftBank's attempt to get $6 billion OpenAI margin loan stalls: ReportThe company is considering various fundraising options, the report said, adding that it could still move forward with the margin loan at a ...- Taiwan weighs stricter export controls on AI chip sales to ChinaTaiwan is tightening the reins on AI chip sales to China, aligning its regulations with those of the United States. This strategic maneuver...
- China prepares $295 billion plan to fund nationwide AI buildout: ReportNational Development and Reform Commission is among key government agencies drafting a blueprint to build a network of inter-connected co...
- One of UK's oldest listed cos Tate & Lyle accepts $3.6 billion bid from IngredionIngredion is set to acquire Tate & Lyle for 2.7 billion pounds, approximately 3.6 billion dollars. This deal marks the end of Tate & Lyle's...
- FTX cofounder Sam Bankman-Fried applies for Trump pardonSam Bankman-Fried, convicted in the FTX cryptocurrency empire collapse, has formally applied for a presidential pardon. He submitted his ap...
- SpaceX IPO is said to be well oversubscribed, orders close WednesdaySpaceX's initial public offering is significantly oversubscribed, with demand building for a potentially record-setting debut. Banks are cl...
- 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...
- EU plans lower taxes on clean energy in drive to cut power billsThe European Union is set to propose new regulations next month. These plans aim to cut taxes on renewable energy and boost electricity sys...
- SpaceX and other mega IPOs may wait years to join the S&P 500SpaceX and other mega IPO candidates may have to wait years before joining the S&P 500 after S&P Dow Jones Indices retained its profitabili...
- Hindustan Zinc shares tumble 5% to 6-week low after report of govt's plan to sell 2% stake for Rs 5,000 croreHindustan Zinc shares fell sharply on Friday after a report said the government may sell up to a 2% stake in the company to raise around Rs...
- TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest personZhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index...
- Government denies new report stating RBI may have sold $12 billion gold to rescue rupeeReports claiming the Reserve Bank of India sold gold to support the rupee have been denied by the Indian government. Official data shows In...
- SpaceX negotiating underwriting fees below 1% for IPO: ReportElon Musk's SpaceX is aiming to raise approximately $75 billion this month through its initial public offering. The company is reportedly n...
- RBI may have sold gold to save foreign reserves, BE report showsThe RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid ...
- SpaceX reserves up to 5% of IPO stock for staff and friendsSpaceX has reserved up to 5% of its upcoming IPO shares for employees and friends of executives, with strict lock-in rules covering most st...
- EU has had productive meetings with Anthropic over possible future access to MythosThe European Commission has held productive discussions with Anthropic concerning future access to its Mythos AI product. The EU's cybersec...
- 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...
- Apollo, Blackstone work on $36 billion debt deal for Anthropic: ReportThe debt would be used to buy custom chips from Google. Anthropic would then lease these chips, known as tensor processing units, or TPUs,...
- SpaceX lowers IPO valuation target to at least $1.8 trillionBloomberg News reported in April that SpaceX was aiming for a valuation above $2 trillion. The target is settling lower after consultations...
- Qualcomm strikes AI chip deal with TikTok owner ByteDance: Bloomberg NewsAmerican chipmaker Qualcomm has struck an AI chip deal with TikTok owner ByteDance, according to a Bloomberg News report
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