Kaiko extends Series B to $110 million with S&P Global leading
Crypto data provider Kaiko has pushed its 2022 Series B to $110 million through a top-up led by S&P Global, adding the ratings giant to a cap table th
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Micron Taiwan bonus rejected as unions demand profit share
Micron Technology's Taiwan workforce has turned down a one-time cash bonus of NT$1 million (US$31,650) per employee, the largest rewards package in th…
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Former DeepMind Researcher Puts AI Takeover Odds At One In Three
Alex Turner, a former Google DeepMind alignment researcher who resigned over the lab’s reversed stance on military contracts, said this weekend that t
Bitcoin ETFs Reverse Course as Ether Funds Gain
US spot Bitcoin exchange-traded funds recorded $462.7 million in net outflows across the four trading sessions ending Friday, erasing the momentum of
Nuance raises fifty million to build conversation models that listen while they speak
Three former Apple researchers have secured a fifty million dollar Series A to build an audiovisual foundation model that ingests video and audio toge
Bank of America signals Wall Street advisory slump after blockbuster quarter
Bank of America shares dropped 5 percent in afternoon trading Monday after chief executive Brian Moynihan told analysts the firm's investment banking
EQT takes majority stake in Acronis at $3.5 billion valuation
Swedish private equity firm EQT has agreed to acquire a majority shareholding in Swiss cybersecurity company Acronis at an implied enterprise valuatio
Anthropic targets Nasdaq listing while its chief argues for pumping the brakes
Anthropic is moving toward a Nasdaq debut that could value the five-year-old company at $2 trillion, even as its chief executive publishes a manifesto
Tilray Shares Halve Despite Record Fiscal Revenue
Tilray Brands shares have fallen roughly 50 percent in 2026 even as the company posted record fiscal 2026 revenue of $915 million and narrowed its per
Alphabet's AI Spending Swings Free Cash Flow Negative
Alphabet's second quarter showed revenue accelerating to 24 percent year over year and operating margins widening to 34 percent, but capital expenditu
GE Aerospace buys CPP for $11.75bn in cash and debt
GE Aerospace agreed to acquire Consolidated Precision Products for $11.75 billion, its largest deal since the 2024 spin-off, paying $7 billion in cash
Goldman Sachs Flips Fed Call to Hike as Oil Tops $100
Goldman Sachs has abandoned its forecast for a Federal Reserve hold this month, telling clients the central bank will raise rates instead. The reversa
SoftBank Falls 11% After OpenAI Delays IPO
SoftBank Group shares dropped 11 percent in Tokyo on Monday after OpenAI confirmed it would not pursue an initial public offering this year and joined
Amazon spends $230 million aligning Whole Foods pay
Amazon is spending more than $230 million to bring Whole Foods store employees onto its own compensation and benefits platform, a move that completes
Revolut’s Irish credit book tops €1 billion
Revolut Bank’s Irish lending portfolio has crossed the €1 billion mark spread across roughly 300,000 facilities, a milestone that underscores how quic
Deutsche Bank lifts UK growth forecast on AI services surge
Deutsche Bank has raised its near-term UK growth projections after July gross domestic product expanded 0.4 per cent month-on-month, a print that caug
Z.ai shares drop after second big fundraising in two months
Z.ai shares fell more than 10% on Monday after the Beijing-based AI company unveiled a roughly $5 billion capital raise, its second major financing in
Dear You Grosses $300 Million on $2 Million Budget
A Chinese drama made for roughly $2 million has taken in about $300 million across mainland China and key Asian markets, an outlier return that arrive
LA County Warns 29,000 Jobs at Risk if Paramount Exits Over Ellison Merger
Los Angeles County’s economic development arm estimates that Paramount’s threatened departure from California would cost the state between 28,990 and
Constellation Buys Rhode Island Plant From Shell for $715 Million
Constellation Energy has agreed to pay $715 million in cash for the Rhode Island State Energy Center, the state’s largest electricity generator by out
Cerebras posts profit while QuantumScape burns cash
Cerebras Systems delivered $510 million in revenue for the fiscal year ended December 2025, a 75.7 percent increase from the prior year, and converted
Oracle shares jump on backlog beat and lighter cash burn
Oracle shares rose 4 percent in extended trading after the company reported a revenue backlog that sailed past estimates and a cash burn that came in
Dean seeks fifty billion valuation for new AI lab
Jeff Dean is back in market less than a month after his last raise, this time asking investors to price Discovery Loop at roughly fifty billion dollar
Nvidia tops the $100 million venture round leaderboard
The chipmaker that sells the essential hardware for artificial intelligence has also become the most frequent participant in the largest venture finan
RBI Plans $10.5 Billion Bond Sale to Drain Surplus Liquidity
The Reserve Bank of India will sell 1 trillion rupees of government bonds over the next two weeks, a sharp escalation in its effort to drain a banking
Broadcom Nvidia AI Revenue Forecasts Point to 2027 Gains
Broadcom and Nvidia have laid out aggressive AI revenue targets for 2027 that, if met, imply substantial upside from current valuations, according to
Bank deposits surge 17.8% on FCNR-B inflows
Bank deposits grew 17.8% year-on-year in August, the fastest pace in a decade, though the headline figure owes more to a special dollar window than to
Nvidia bets cybersecurity becomes AI's next revenue engine
Nvidia chief executive Jensen Huang told a Goldman Sachs conference on Thursday that cybersecurity will emerge as artificial intelligence's next major
Exxon's Permian Bet Anchors 2030 Cash Flow Target
ExxonMobil has told investors it will add $35 billion in cash flow and $25 billion in earnings by 2030, and the clearest signal of whether that math w
Houthi Strikes Threaten Saudi Oil Bypass as Brent Tops $105
Houthi attacks on Saudi Arabia’s East-West pipeline have put roughly 3-4 million barrels a day of crude exports at risk, pushing ICE Brent to $105 a b
Ellison Cancels $7.5 Billion Oracle Stock Sale Plan
Larry Ellison has called off a plan to sell as much as $7.5 billion of Oracle stock, a reversal that arrived barely 24 hours after a regulatory filing