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Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - 17h -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - 18h -
Anthropic’s $60 billion valuation would obscure a stark reality in AI
Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning ...MarketWatch - 6h -
AI start-up Anthropic closes in on $60bn valuation
Maker of the Claude AI chatbot nears fresh $2bn investment in the latest sign of how much money is pouring into the sectorFinancial Times - 21h -
Germany raises record €18.5 billion in carbon emissions trading
Yahoo News - 1d -
MicroStrategy’s latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin
The move is part of the company’s plan to issue $21 billion of equity and $21 billion in fixed-income instruments over the next three years.MarketWatch - 1d -
Austria Coalition Talks Collapse, Raising Prospects for Far-Right Freedom Party
The leader of the anti-immigrant Freedom Party of Austria, founded by former Nazis in the 1950s, was expected to be asked to enter into talks to form a new government.The New York Times - 2d -
100% stocks for retirement? A new study says dump the 60/40 portfolio and target-date funds.
An all-equity portfolio, with a focus on international stocks, could be the key to maximizing retirement wealth, research suggests.MarketWatch - 4d
More from CNBC
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Quantum stocks like Rigetti plunge after Nvidia's Huang says the computers are 15 to 30 years away
Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are likely decades in the future.CNBC - 20m -
Trump could declare national economic emergency to justify universal tariffs, CNN reports
The president-elect is looking at utilizing the International Economic Emergency Powers Act to implement his plan for tariffs on imports.CNBC - 1h -
Apple's inaccurate AI news alerts shows the tech has a growing misinformation problem
An artificial intelligence feature on iPhones is generating fake news alerts, stoking concerns about the technology's ability to spread misinformation.CNBC - 7m -
EBay shares soar after Meta allows listings on Facebook Marketplace in U.S., Europe
Shares of eBay soared Wednesday as Meta announced it will allow some listings to show up on Facebook Marketplace in Germany, France and the United States.CNBC - 8m -
10-year Treasury note yield hits highest level since April ahead of Fed minutes
The yield on the benchmark 10-year Treasury climbed above 4.7%.CNBC - 40m
More in Business
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Apple's inaccurate AI news alerts shows the tech has a growing misinformation problem
An artificial intelligence feature on iPhones is generating fake news alerts, stoking concerns about the technology's ability to spread misinformation.CNBC - 7m -
EBay shares soar after Meta allows listings on Facebook Marketplace in U.S., Europe
Shares of eBay soared Wednesday as Meta announced it will allow some listings to show up on Facebook Marketplace in Germany, France and the United States.CNBC - 8m -
European Union won't allow attacks on borders, French minister says after Trump's Greenland comments
In an interview Wednesday, Jean-Noël Barrot addressed the U.S. president-elect's interest in Greenland.CNBC - 9m -
Port Labor Talks Hinge on Deal on Automation
Cargo could stop flowing at East and Gulf Coast ports, which handle most imports, if a union and an employers’ group can’t agree on the use of machines that can operate without humans.The New York Times - 10m -
The FuboTV-Hulu deal was good for investors. There’s a silver lining for viewers too.
Live-TV streaming offerings are still far cheaper than cable and there may be more affordable bundles.MarketWatch - 12m