14:31
2 mins read
Yandex Taxi, Map Services Curbed After Ukraine Hits Data Centers
Yandex users in Russia faced widespread disruptions to ride-hailing, navigation and payment services after Ukraine struck several of the technology company’s da...
14:00
2 mins read
Microsoft Prepares to Put Gigawatts of Its Chips in Data Centers
Microsoft Corp. is gearing up to install the latest version of its own chips in data centers, with the aim of powering its AI software using mostly homegrown ha...
12:13
1 min read
IonQ to Buy Elisity for Up to $1.3 Billion to Bolster Cyber Unit
Quantum computing firm IonQ Inc. has agreed to buy Elisity Inc. for as much as $1.3 billion in an all-stock transaction in a bid to expand its cybersecurity pla...
11:08
3 mins read
DBS CEO Tan Says Market Is Repricing Risks on AI Financing
The market is repricing the risks around investments related to the buildup of artificial intelligence that could lead to more discipline in financing, accordin...
10:58
2 mins read
Broadcom CEO Likens Many AI Investors to Casino Gamblers
The AI boom has attracted investors whose strategies resemble those of gamblers, Broadcom Inc. Chief Executive Officer Hock Tan said, suggesting some of them ha...
10:08
3 mins read
Warsaw-Listed Electronics Distributor Asbis Targets Data Centers and AI to Sustain 476% Stock Rally
Warsaw-listed electronics distributor Asbis Enterprises Plc is prioritizing sales to data centers and artificial intelligence infrastructure projects to sustain...
08:43
2 mins read
Tencent Tells Investors Its $5 Billion Bond Mainly for AI Capex
Tencent Holdings Ltd. told fixed-income investors Monday that its planned bond offering of about $5 billion will help finance AI-related capital expenditures, p...
08:39
4 mins read
Firmus IPO Debacle Raises the Bar for Asia AI Deals in Pipeline
The collapse of Firmus Grid Ltd.’s initial public offering is reverberating through Asia’s booming market for share sales, making investors far pickier about ar...
08:05
2 mins read
IMF Chief Alarmed at ‘Slow-Moving Tsunami’ of AI for Jobs, Taxes
The head of the International Monetary Fund has warned of the disruptive threat from artificial intelligence to the labor market and taxation, urging policymake...
07:47
2 mins read
TikTok’s Chew and Microsoft’s Althoff Warn About Runaway AI Hype
The world may be overexcited by the potential of artificial intelligence and overlooking its immaturity, tech leaders warned on Monday, arguing that cybersecuri...
05:30
3 mins read
Pepkor $1.3 Billion Fintech Deal Should Have Faced Shareholder Vote, Investor Says
Pepkor Holding Ltd.’s deal to merge its fintech arm with a rival business has upset some directors and investors because shareholders were not allowed to vote o...
00:00
3 mins read
Google Debuts $180 Fitbit Edge Tracker in Continued Health Push
The Edge, which replaces the Fitbit Charge 6, offers consumers another vehicle for trying out the recently revamped Google Health app.
By Samantha Kelly | Upda...
21:46
1 min read
Amazon Is in Talks to Buy AI Startup Decart, WSJ Reports
Amazon.com Inc. is in negotiations to acquire Decart AI, an artificial intelligence startup, in a deal that could be valued at around $7 billion, the Wall Stree...
15:31
2 mins read
Xpeng Says It Can Quickly Adapt Car Autopilot Systems for Europe
Xpeng Inc. can rapidly adapt its advanced driver-assistance technology to European roads using relatively small amounts of data, allowing it to modify its softw...
03:38
1 min read
Apple Supplier Luxshare Expects No Material Impact From US Probe
Apple Inc. supplier Luxshare Precision Industry Co. is facing a US patent investigation into data-center power technologies following infringement allegations b...
21:22
2 mins read
Nvidia Discusses Boosting Reflection Investment, Computing Deal
Nvidia Corp. is in talks to boost its investment in Reflection AI or offer the startup computing power, a move that would strengthen ties with a key developer o...
19:52
1 min read
Nvidia in Talks to Buy or Deepen Role in Reflection AI, FT Says
Nvidia Corp. is in early-stage negotiations to acquire or further invest in startup Reflection AI, an American developer of open-weight models, the Financial Ti...
19:35
2 mins read
Microsoft CEO Nadella Calls for ‘Emergency Brake’ on Advanced AI
Microsoft Corp. Chief Executive Officer Satya Nadella said companies should treat powerful artificial intelligence models as potential insider threats, assume t...
17:02
2 mins read
Anthropic AI Model Went Rogue, Submitted Fake Tip to Police
Anthropic PBC said its Claude AI model carried out additional unintended actions on the digital systems of outside organizations, including submitting a false t...
15:19
8 mins read
Trump’s AI Liability Push Opens Blame Game for Models Gone Rogue
The Trump administration’s embrace of legal liability to enforce artificial intelligence safety sets the stage for future conflicts over who foots the bill when...
00:41
2 mins read
Super Micro Case ‘Fixer’ Pleads Guilty to Diverting AI Tech
A man charged along with Super Micro Computer Inc. co-founder Yih-Shyan “Wally” Liaw of conspiring to send cutting-edge chips to China in violation of US export...
00:25
1 min read
Cirrus Logic to Have Bid for Synaptics After Onsemi Deal
Semiconductor company Cirrus Logic Inc. made an unsolicited acquisition offer for Synaptics Inc. last month as it looked to spoil a previously announced deal wi...
00:00
1 min read
How AI Is Upending the World of Mathematics
Now that LLMs are good at math, what's left for the professionals?
By Tracy Alloway and Joe Weisenthal | Updated on Oct 09, 2026 at 09:00 AM
Listen to Odd Lot...
22:04
3 mins read
Andreessen Horowitz Backs Jev Maker at $7.5 Billion Value
TypeSafe AI , the startup behind Jev, a new artificial intelligence model that went viral after it launched only a few weeks ago, has raised about $870 million...
21:36
1 min read
Ramp Hits $60 Billion Valuation in $1.85 Billion Funding Round
Fintech startup Ramp has reached a roughly $60 billion valuation with its latest fundraising effort, according to people familiar with the matter.
Dragoneer In...
19:23
4 mins read
'Black Box' Revenue From Anthropic and OpenAI Stumps Traders
When measuring the race between artificial intelligence leaders OpenAI and Anthropic PBC, investors have run into a problem: The two private companies calculate...
17:39
2 mins read
Bearish Bond Narrative Has Gone Too Far, Deutsche Bank Says
The swing to deeply-negative sentiment on fixed-income assets this year has gone too far, with the market underpricing the risk of an artificial-intelligence bl...
16:43
1 min read
Tax Breaks Partly Fuel Data Center Boom, Democratic Report Says
Generous state and local tax breaks for data center building is causing the loss of billions in tax revenue, according to a new report from Senate Democrats.
“...
16:24
2 mins read
Beaten Down Loans from Proofpoint, Sophos Climb as AI Fears Ease
A series of leveraged loans recently sold by software companies are climbing as investor fears about the industry ease and lenders that couldn’t originally buy...
15:35
4 mins read
EA Turns to Egan-Jones Rating as Angry Bondholders Claim Default
Electronic Arts has told a group of creditors that it secured an investment-grade rating from Egan-Jones Ratings Co. for a subset of bonds, using the designatio...
15:25
6 mins read
Data Center Darling’s $30 Billion IPO Dream Crushed in 48 Hours
In 48 hours, Firmus Grid Ltd. went from a rising star of the artificial intelligence data center boom to one of the biggest deal flops in recent memory.
After...
15:04
5 mins read
Anwar Budget Targets Cost of Living and AI Before Malaysia Election
Malaysian Prime Minister Anwar Ibrahim hiked the minimum wage, expanded tax relief for the middle class and pledged to ease cost-of-living pressures in his 2027...
13:12
1 min read
Koch Nets Nearly $1 Billion From Infor Payouts in Two Years
A unit of Koch Inc. received a payout of almost $700 million from software firm Infor’s international business last year, according to a UK filing , taking the...
12:26
1 min read
UK Plans to Curb Non-Compete Rules That Angered AI Startups
The UK is set to curb hiring restrictions that force employees to wait before moving jobs or starting companies, an issue that has drawn the ire of the nation’s...
12:21
3 mins read
Nvidia-Backed Lumentum Sold Out of AI Server Parts Till 2029
Lumentum Holdings Inc.’s optical components are “completely sold out” through early 2029 on demand from tech companies clamoring for faster AI data centers, acc...
11:18
2 mins read
Virgin Media Bonds Slide Deeper Into Distress on Snagged Deal
Virgin Media O2’s bonds are slumping again on Friday, extending weeks of declines that have sent its notes to deeply distressed levels.
Some bonds due 2033 and...
11:03
2 mins read
OpenAI Expects $70 Billion in Annualized Revenue by End of 2026
OpenAI is expecting to reach or exceed $70 billion in annualized revenue by the end of the year, according to people familiar with the matter, driven largely by...
11:00
1 min read
Koch Nets Nearly $1 Billion in Payouts From Infor in Two Years
A unit of Koch Inc. received a payout of almost $700 million from software firm Infor’s international business last year, according to a UK filing , taking the...
10:33
1 min read
Jefferies’ Chris Wood Sees ‘Massive Capital Destruction’ in AI
The most likely long-term outcome of the AI boom will be massive capital destruction in the US, with market share going to cheaper open-source Chinese models, a...
10:24
2 mins read
Bending Spoons CEO Sees Buying Opportunities in SaaSpocalypse
Falling valuations for software companies create buying opportunities, Bending Spoons SpA Chief Executive Officer Luca Ferrari said, as his firm aims to benefit...
09:18
6 mins read
Firmus Explores $3 Billion Private Round After IPO Flop
Firmus Grid Ltd. is exploring a private funding round to raise as much as $3 billion after the collapse of its planned initial public offering left the data cen...
09:10
3 mins read
DayOne In Talks With Banks for Potential $500 Million Bond
DayOne Data Centers Ltd. has been in preliminary talks for weeks with banks about a potential $500 million bond offering, according to people familiar with the...
09:01
2 mins read
Ramaswamy Nuclear Startup Raises Funds at $1.9 Billion Value
Atlas Atomics, a nuclear startup cofounded and backed by Ohio gubernatorial candidate Vivek Ramaswamy, has raised capital at around a $1.9 billion valuation, ac...
08:04
2 mins read
Asia Data Center Boom Is Vulnerable to US Policies, Jardine Says
Asia’s booming data-center industry faces growing political risks as billions of dollars in investment hinge on a handful of US technology giants whose ability...
07:53
2 mins read
SoftBank Seeks $100 Billion From Gulf States for AI, FT Says
SoftBank Group Corp. seeks to raise as much as $100 billion from Gulf investors to help it amp up its bets on AI, the Financial Times reported, citing people fa...
07:48
1 min read
Franklin Templeton Sees Short-Term Debt as Sweet Spot for AI
Franklin Templeton Chief Executive Officer Jenny Johnson said short-term debt issued by major technology companies offers investment opportunities in artificial...
05:19
2 mins read
Netflix, Streaming Rivals Dominate $6 Billion Asia Sports Arena
Streaming services from Netflix Inc. to China’s Tencent Holdings Ltd. now pay half of all fees to broadcast sports across Asia, underlining how digital services...
04:15
5 mins read
Nvidia-Backed Firmus IPO Collapses as AI Valuation Concerns Grow
Firmus Grid Ltd. abandoned its attempt at one of Australia’s biggest-ever initial public offerings, after the Nvidia Corp.-backed data center company failed to...
03:50
2 mins read
OpenAI Asia-Pacific Policy Head to Leave After Six Months in Job
OpenAI’s most senior Asia-Pacific public policy executive is departing after six months in the job, according to a person familiar with the matter, just as the...
01:12
2 mins read
Meta Bans Ads From TikTok on Its Apps in Escalating Feud
Meta Platforms Inc. banned advertisements in the US from ByteDance Ltd., the former controlling owner of TikTok, intensifying the competition with the popular s...
21:11
4 mins read
Oracle Moves Gas by Trucks to Avoid Data Center Power Delays
Oracle Corp. is using a novel power strategy to keep several data centers on track: trucking natural gas directly to the server farms.
The truck deliveries kep...
21:00
2 mins read
Apple Set to Debut Touch-Screen MacBook and New iPad Mini in Late October
Apple Inc., already set to introduce a revamped smart home strategy next week, is planning a second launch in October to introduce its first touch-screen MacBoo...
19:54
3 mins read
Trump Secures $2.4 Billion AI Pledge as He Honors Musk, Huang
The Trump administration announced $2.4 billion in commitments from Silicon Valley giants to bolster scientific research at a summit Thursday in Washington, the...
19:22
1 min read
OpenAI’s Revenue Run Rate Nears $50 Billion, Less Than Reported
OpenAI is on track to generate annualized revenue of roughly $50 billion based on its current performance, according to people familiar with the matter, an upti...
18:30
2 mins read
Apple Names New M&A Chief in Latest Shake-Up Under CEO John Ternus
Apple Inc. is naming a new mergers and acquisitions chief, according to people familiar with the matter, marking the latest management change under new Chief Ex...
18:00
2 mins read
FTC Probes Block After Consumer Complaints Over Frozen Accounts
The Federal Trade Commission is investigating whether Block Inc., the parent of Square and Cash App, violated US consumer protection laws by failing to provide...
17:00
2 mins read
AI Model Evaluator Arena Valued at Over $3 Billion in Round
Arena Intelligence Inc., the startup behind a popular artificial intelligence model leaderboard, has raised $200 million in funding at a $3.1 billion valuation...
16:40
2 mins read
Nigeria-Founded Moove to Exit Country After Uber Pulled Out
Moove, the Nigerian-founded mobility startup valued at $2.1 billion, plans to exit the African country after Uber Technologies Inc. closed its operations in ear...
16:00
2 mins read
Former OpenAI, Cognition Staffers Want AI Agents Running Businesses
A group of former employees from some of the fastest-growing artificial intelligence firms, including OpenAI and Cognition AI Inc., are starting a new company t...
15:17
1 min read
Google Launches Workplace AI Agent That Acts Like Colleague
Alphabet Inc.’s Google announced a Gemini agent for the workplace, ramping up competition with OpenAI, Anthropic PBC and Microsoft Corp. for corporate customers...
15:01
3 mins read
Big Banks Seen Keeping Up Torrid Borrowing Pace to Fund AI Boom
Wall Street’s biggest banks are set to extend a months-long borrowing binge and issue more bonds than usual in the fourth quarter, raising funds to meet the ins...
14:25
1 min read
Google Launches ‘Universal’ Gemini AI Agent for Workplace
Alphabet Inc.’s Google announced a “universal” Gemini agent for the workplace, ramping up competition with OpenAI, Anthropic PBC and Microsoft Corp. for corpora...
14:00
5 mins read
Union Square Ventures Doubles Fund Size, Shrinks Team for AI Era
New York City-based venture firm Union Square Ventures is reinventing itself to better compete in the artificial intelligence race by nearly doubling the size o...
13:24
1 min read
German Startup Trains Its Robots Using Humans Filming Themselves
Germany’s Agile Robots is training its machines by filming humans performing tasks, in a bid to compensate for a shortfall of data that is holding back industri...
13:20
3 mins read
TCS Profit Beats Estimates as IT Deal Flow Slowly Picks Up
Tata Consultancy Services Ltd. reported quarterly profit that topped analysts’ estimates, helped by cost-cutting measures and a gradually improving contract flo...
11:25
2 mins read
Ex-Flipkart Execs Press Walmart to Buy Out Their Stock Options
A group of former Flipkart executives is urging parent Walmart Inc. to buy out their stock options, seeking to cash in while the US retailer weighs options incl...
11:20
5 mins read
Nvidia-Backed IPO’s Cratering Demand Sends Warning on AI Funding
The sudden plunge in demand for an Nvidia-backed data center company’s initial public offering is revealing fresh cracks in the AI funding boom.
The planned $5...
11:18
1 min read
OpenAI Recruits Second Sales Executive From Musk’s SpaceX in Last Month
OpenAI has appointed Ismail Elmas as vice president for sales in Europe, the Middle East and Africa, the AI developer’s second sales hire from Elon Musk’s Space...
10:12
2 mins read
Goldman Says AI Shift Leaves Middle Managers in Limbo
Junior Wall Street recruits are starting their careers managing artificial intelligence agents rather than spending years doing entry-level grunt work, calling...
09:27
2 mins read
Hacker Who Hit Korean Banks Likely from China, CrowdStrike Says
The hacker suspected of infiltrating some of South Korea’s largest banks this month may have used AI tools to carry out the attacks from China, cybersecurity fi...
09:06
3 mins read
Samsung, TSMC Fail to Excite Investors Used to Torrid AI Growth
Samsung Electronics Co. earned a nearly nine-fold rise in quarterly operating profit, and Taiwan Semiconductor Manufacturing Co.’s sales jumped 51%
· , refl...
08:36
2 mins read
China Stocks Slide as Tech Losses, Tepid Holiday Spending Weigh
Chinese shares fell following a week-long break as inflation-induced weakness in Asia’s technology sector added to pressure from sluggish holiday spending.
The...
08:30
2 mins read
Finland’s Data Center Tally Tops €67 Billion on AI Boom
Finland’s data center boom is gathering pace, with several new projects unveiled since after Alphabet Inc.’s Google announced its biggest-ever European investme...
07:58
2 mins read
Alphabet’s Isomorphic Labs in Funding Talks for at Least $40 Billion Value
Isomorphic Labs, an Alphabet Inc. company using artificial intelligence to discover drugs, is in early talks to raise new funds at a valuation of at least $40 b...
06:44
2 mins read
TSMC’s Quarterly Revenue Jumps 51% After AI Demand Holds Up
Taiwan Semiconductor Manufacturing Co. reported a 51% rise in quarterly revenue, a positive signal for investors trying to gauge the sustainability of a global...
06:37
2 mins read
Tencent Mulls $5 Billion Bond Offering as AI Push Ramps Up
Tencent Holdings Ltd. is considering an offshore bond sale of as much as $5 billion, according to people familiar with the matter, adding to the wave of tech co...
06:30
3 mins read
Besi Shares Sink as Flagship Tech Faces Memory Crunch Pressure
BE Semiconductor Industries NV shares once rode high on optimism over its next-generation chip technology. Now, the global memory shortage has thrown the pace o...
05:46
3 mins read
ByteDance Intern’s $200 Million AI Lab Takes On Fei-Fei Li
A former ByteDance Ltd. intern has secured funding from venture heavyweights including 5Y Capital for a stealth startup to take on AI pioneers such as Fei-Fei L...
05:00
2 mins read
Italy Data Center Group Sees Investments Reaching €37 Billion
Italy’s data center buildout could attract some €36.9 billion ($41.5 billion) of investment through 2036, as artificial intelligence and cloud computing fuel a...
02:36
1 min read
Malaysian Chip Firm SQAI Said to Plan $73 Million IPO in Early 2027
Malaysian semiconductor firm SQ Advanced Interconnect Bhd. is considering raising about 300 million ringgit ($73 million) in an initial public offering in the f...
02:23
3 mins read
AI Data Center Boom Ignites Bidding War for Critical TDK Unit
A bidding war for TDK Corp.’s hard-disk drive parts business could determine the prospects of Japanese corporate icon Toshiba Corp. as well as who controls an i...
00:54
3 mins read
Broadcom Holds Early Talks About Financing for OpenAI Chips
Broadcom Inc., fresh off the launch of a $60 billion debt financing to help fund Anthropic PBC’s artificial intelligence build-out, is already sketching out pla...
00:00
7 mins read
Malaysia Builds a New ‘Silicon Island’ to House Its AI Ambitions
Just south of Penang, the historic trading island off Malaysia’s northwest coast, excavators are turning a stretch of blue-green sea into a new, man-made island...
00:00
4 mins read
Apple’s New Watches Don’t Do Enough to Beat Out Oura and Whoop
New Apple Health features narrow the gap, but people who are serious about fitness shouldn't ditch their purpose-built health trackers yet.
By Samantha Kelly |...
22:56
3 mins read
Trump’s New AI Czar to Visit Top AI Firms on Silicon Valley Tour
Jay Clayton, the US director of national intelligence and newly named leader of President Donald Trump’s so-called Super Intelligence Force, is starting off his...
21:59
2 mins read
US Agrees to Loan for Chipmaker That Went Bankrupt Last Year
The US Defense Department pledged to issue a conditional loan to Wolfspeed Inc., the chipmaker that filed for bankruptcy last year, for as much as $1.5 billion...
20:02
3 mins read
Robert Rubin Warns AI Boom Carries Risks for US Economy, Markets
Former Treasury Secretary Robert Rubin warned that the artificial-intelligence investment boom could bring major productivity gains but also create financial an...
19:39
2 mins read
Microsoft Says New Laptop With Nvidia Chip Outperforms MacBooks
Microsoft Corp. revealed pricing and availability for a new flagship laptop built on Nvidia Corp. chips, saying that the machine outperforms a comparable Apple...
17:54
1 min read
San Francisco Passes Data Center Moratorium in Hometown of AI
San Francisco, home to some of the world’s most valuable artificial-intelligence companies, is temporarily banning new data centers within its borders.
The cit...
17:09
1 min read
Alibaba’s Joe Tsai Says Open Source Is Europe’s Best Shot at AI
Alibaba Group Holding Ltd. Chairman Joe Tsai said open-source artificial intelligence is Europe’s best route to technological independence from the US and China...
15:22
2 mins read
Google, Unity Launch Platform to Create Video Games From Prompts
Alphabet Inc.’s Google and gaming tools developer Unity Software Inc. announced a new platform that will allow people to create video games from simple text pro...
15:00
3 mins read
Amazon Ring’s First Smart Lock Has a Clever Solution for Battery Anxiety
Amazon.com Inc.’s Ring brand unveiled its first smart lock, with an innovative feature that addresses the dreaded scenario of arriving home to a dead battery....
10:00
4 mins read
ChatGPT for Teens Is Not Safe for Kids, Report Says
OpenAI’s ChatGPT for Teens — which the company rolled out in August as the default way for kids ages 13 to 17 use its popular chatbot — is too risky for childre...
09:40
1 min read
Revolut’s Commercial Real Estate Lending Head Exits Fintech
Revolut Ltd.’s chief of commercial real estate lending, Duncan Batty , has departed less than two years after joining the fintech firm.
Batty will be returning...
09:40
2 mins read
Elon Musk Rules Out Potential TSMC Role in Terafab Operations
Elon Musk said his business empire will build and operate Terafab independently, quashing speculation about industry leader Taiwan Semiconductor Manufacturing C...
05:32
1 min read
Intel to Keep Working on Elon Musk’s Terafab Chipmaking Venture
Intel Corp. will continue to work with Elon Musk on Terafab, an audacious attempt by the trillionaire to break into the production of cutting-edge chips, accord...
05:16
3 mins read
Temasek CIO Says AI, Inflation Pose Biggest Market Risks in 2027
Temasek International’s investment chief highlighted the potential for the artificial intelligence trade to reverse and inflation pushing up bond rates to a poi...
05:05
1 min read
Dalio Says We’re Nearing Point Where AI Bubble May Burst
Billionaire Ray Dalio warned that artificial intelligence is a “classic bubble” that is nearing a bursting point thanks to rising interest rates and the need to...
04:13
1 min read
AMD’s Su to Meet Samsung’s Chip Head as Memory Crunch Persists
Advanced Micro Devices Inc.’s chief executive officer plans to meet with the head of Samsung Electronics Co.’s semiconductor business on Wednesday, the latest i...
02:49
2 mins read
JPMorgan Tops Global AI Banking Index With Jobs Seen to Grow
JPMorgan Chase & Co. held its spot as the world’s most advanced bank in artificial intelligence, widening its lead over rivals in an annual ranking that shows A...
22:34
1 min read
Boston Dynamics Taps Amazon Alexa Executive as New CEO
Boston Dynamics appointed former Amazon.com Inc. executive Rohit Prasad as chief executive officer to lead the Hyundai Motor Co.-controlled company into its nex...
22:07
3 mins read
Apple to Launch Doorbell, Lock, Thermostat Developed With LG
Apple Inc.’s upcoming push into smart home devices will include a doorbell, thermostat and other accessories developed through an unusual partnership with LG El...
22:05
1 min read
Goldman Sachs Ensnared in EY Data Breach Earlier This Year
Goldman Sachs Group Inc.’s data was exposed earlier this year in a hack of accounting firm EY, according to a person familiar with the matter.
The bank’s syste...
21:00
3 mins read
RBA Frets Potential AI Stock Slump Could Hit Australian Spending
Australian households have significant exposure to artificial-intelligence stocks, leaving consumer spending and the broader economy vulnerable to a sharp corre...
20:12
1 min read
Waymo Boosts Private Debt Deal to $5 Billion in Push for Growth
Waymo increased the size of its inaugural debt raise to $5 billion, tapping lenders to help fuel the robotaxi company’s growth as it expands globally.
Pacific...
19:58
2 mins read
Anthropic Expands Access to Latest AI Models for Cyber Firms
Anthropic PBC is expanding access to its most advanced AI models, allowing a select group of organizations to test the startup’s cutting-edge cyber capabilities...
18:56
3 mins read
Startup Hark Debuts AI Agent Ahead of 2027 Hardware Launch
Entrepreneur Brett Adcock’s artificial intelligence-focused hardware startup, Hark, introduced a new “proactive” AI app ahead of launching its first devices nex...
17:42
1 min read
Nordic Data Center Group ASP Is Said to Weigh Oslo IPO
AI infrastructure developer ASP Data Center AS is considering an initial public offering in Oslo that could raise the equivalent of about $100 million, accordin...
15:55
1 min read
Uber to Buy EzCater for $2.3 Billion in Enterprise Push
Uber Technologies Inc. is buying catering firm ezCater Inc. for $2.3 billion in a cash deal that will help the Uber Eats delivery platform reach a more corporat...
15:03
2 mins read
Investor Pushes Snap to Raise Capital for New Specs Business
Hedge fund Blue Duck Capital Partners wants Snap Inc. to raise capital by selling a stake in its nascent Specs unit, putting additional investor pressure on the...
14:53
2 mins read
Google Accused of Overcharging 20 Million Consumers in UK Class Action
Google was accused of overcharging Android app developers for over a decade, leading to inflated prices on the Play Store for about 20 million UK customers.
Th...
14:46
2 mins read
ASML’s Chip Technology Move Threatens Besi Shares, BofA Says
BE Semiconductor Industries NV’s share price doesn’t reflect the threat from fellow Dutch company ASML Holding NV in terms of an advanced chip packaging techniq...
14:43
2 mins read
Google, Constellation Energy Strike Deal for Nuclear Power
Google parent Alphabet Inc. agreed to buy nuclear power from Constellation Energy Corp. in a deal that will spur the addition of 890 megawatts of new reactor ca...
14:38
5 mins read
Nvidia Soars Near $6 Trillion Market Cap With Stock Back at High
Nvidia Corp. is on the verge of becoming the first company with a $6 trillion market capitalization as investors rotate back into the artificial-intelligence ch...
13:47
2 mins read
Singapore’s DayOne Files for US IPO Joining Data Center Rush
DayOne Data Centers Ltd. filed for a US initial public offering, setting the Singapore-headquartered firm up to capture investors’ resilient demand for artifici...
13:37
1 min read
Uber to Buy EzCater for $2.3 Billion in Enterprise Delivery Push
Uber Technologies Inc. is buying catering firm ezCater Inc. for $2.3 billion in a cash deal that will help the Uber Eats delivery platform reach a more corporat...
11:37
3 mins read
Seagate Said to Vie With Toshiba for TDK’s Hard-Drive Magnetic Heads Unit
Seagate Technology Holdings Plc and Toshiba Corp. are locked in a contest for TDK Corp.’s magnetic-heads business for hard-disk drives, as the two rivals try to...
11:16
2 mins read
JPMorgan Tops Global AI Banking Index for Fifth Straight Year
JPMorgan Chase & Co. held its spot as the world’s most advanced bank in artificial intelligence for a fifth straight year, widening its lead over rivals in an a...
10:57
1 min read
Revolut’s Head of Commercial Real Estate Lending Exits Fintech
Revolut Ltd.’s chief of commercial real estate lending, Duncan Batty , has departed less than two years after joining the fintech firm.
A spokesperson for the...
09:43
4 mins read
Nvidia Heads for $6 Trillion Value With Chipmaker Back at Record
Nvidia Corp. is on the verge of becoming the first company with a $6 trillion market capitalization as investors rotate back into the artificial-intelligence ch...
09:01
2 mins read
AMD Chief Sees Very High Demand, Urges AI Firms to Cooperate
Advanced Micro Devices Inc.’s Lisa Su predicted “very high” chip demand continuing for the next few years, even as the industry faces challenges such as concern...
08:05
1 min read
Informa to Buy Events Firm from Blackstone for £2.2 Billion
Informa Plc agreed to buy Clarion from Blackstone Inc. in a deal valued at £2.24 billion ($3 billion) including debt, which will build up the British company’s...
07:20
2 mins read
OpenAI Apologizes for Australia Hack, Pledges Faster Disclosure
OpenAI on Tuesday reiterated its apology for its artificial intelligence models breaching Australian government websites, pledging to work to prevent similar in...
06:09
1 min read
Citi Takes Top Spot in Global IPO Underwriting Through September
Citigroup Inc. took top spot for underwriters in global initial public offerings for the year through September after working on some of the biggest share sales...
03:49
1 min read
AI Video Startup Kling Picks Banks for $1 Billion-Plus IPO
Kuaishou Technology’s Kling AI has picked banks for a Hong Kong initial public offering that could raise at least $1 billion, according to people familiar with...
03:40
2 mins read
Qualcomm Licenses Patents Linked to Huawei LogicFolding Tech
Qualcomm Inc. has agreed to license patents related to Huawei Technologies Co.’s novel LogicFolding chipmaking technique as part of a wide-ranging pact, a win f...
01:00
5 mins read
Banks Chase Risky Chip Loans in Asia’s $8.2 Trillion AI Buildout
The next wave of artificial intelligence debt financing is taking off in Asia.
Companies building hundreds of data centers across the region are also seeking f...
00:09
1 min read
Oracle 2025 Health Breach Compromised Data of 20 Million People
A cybersecurity breach last year of Oracle Corp.’s healthcare unit compromised personal information belonging to nearly 20 million people, according to informat...
22:30
2 mins read
OpenAI in $30 Billion Round Talks With UAE Funds, BlackRock
OpenAI is in talks with multiple investment funds from the United Arab Emirates, including Abu Dhabi-based MGX, to help anchor a $30 billion round of financing...
21:15
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Amazon Executive to Join Pinterest as Chief Financial Officer
Pinterest Inc. has appointed Amazon veteran James Dibbo to lead its finance team as the platform works to reposition itself as a creative alternative to other s...
21:00
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Allan Gray Favors Office REITs as Market Overplays AI Threat
Allan Gray Australia Ltd. is favoring stocks related to beaten-down office landlords, expecting the sector to rebound as investors overestimate the threat artif...
20:56
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San Diego Sues AppLovin Over Explicit Ads Shown to Kids’ Devices
San Diego County has filed a lawsuit against mobile advertising technology company AppLovin Corp., alleging that it bypassed parental controls to serve ads for...
20:00
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Nvidia-Backed Reflection Unveils Open AI Model, Taking on China
Reflection AI, an artificial intelligence startup from two former Google DeepMind researchers, has unveiled a new open-weight model that it says rivals leading...
16:43
1 min read
Zimbabwe in Talks With India Payments Giant to Cut Costs
Zimbabwe’s central bank is in talks with the international arm of the National Payments Corp. of India to upgrade its payments technology as it seeks to cut cos...
13:25
3 mins read
Schneider Expands in AI With Record $23 Billion Acquisition
Schneider Electric SE agreed to buy industrial software firm PTC Inc. for about $22.6 billion, stepping up its effort to tap into the artificial-intelligence bo...
12:52
4 mins read
BT TalkTalk Deal to Test UK Regulator’s Competition Rhetoric
BT Group Plc’s purchase of TalkTalk — the UK’s fourth-biggest broadband provider and a key customer — puts the nation’s competition regulator in a tough spot....
08:43
1 min read
Nvidia Partner Hon Hai Beats Sales Estimates Due to AI Frenzy
Nvidia Corp. partner Hon Hai Precision Industry Co. reported better-than-expected quarterly revenue, signaling sustained and elevated spending on global AI infr...
08:04
1 min read
Nvidia’s Valuations Show AI Rally Isn’t a Bubble, DBS Says
Nvidia Corp.’s price-to-earnings multiple and projected 70% earnings growth for next year demonstrate that artificial intelligence-driven technology stocks rema...
07:00
2 mins read
US Investors Drive Record Haul for European Defense Startups in 2026
European defense startups raised a record amount of capital this year, turning to US investors more than local funds for the first time.
Venture capital invest...