OpenAI in talks to raise funding that would value AI startup at up to $340 billion
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SoftBank in Talks to Invest Up to $25 Billion in OpenAI
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.The New York Times - 4h -
These Yale and Berkeley dropouts just raised $2 million to build an AI assistant that could rival OpenAI
Y Combinator-backed startup Martin AI secures $2M seed funding to challenge Siri and Google with its innovative personal AI assistant, built by 19-year-old founders to revolutionize how consumers ...VentureBeat - 11h -
DeepSeek Has Taught AI Startups a Lesson Automakers Learned Years Ago
In the DeepSeek AI saga, global technologists are relearning the lessons of the Chinese auto boom.Wired - 13h -
SoftBank ‘in talks’ to invest up to $25bn in OpenAI
Reported move would make Japanese group largest financial backer of US startup behind ChatGPT. Business live – latest updates The Japanese investment group SoftBank is reportedly in talks to ...The Guardian - 14h -
SoftBank in talks to invest up to $25 billion in OpenAI
SoftBank is in talks to invest up to $25 billion in OpenAI, which would make it the company's biggest backer, CNBC has confirmed.CNBC - 23h -
SoftBank in talks to invest up to $25bn in OpenAI
Deal would make Japanese group the biggest financial backer in ChatGPT makerFinancial Times - 1d -
93% of IT leaders see value in AI agents but struggle to deliver, Salesforce finds
AI agents are set to transform enterprise. But when will they really come to the fore? Salesforce and Mulesoft says this will be the year.VentureBeat - 1d -
What will Washington do about Chinese startup DeepSeek and its AI chatbot?
As the TikTok ban hangs in the air, the US investigates the security implications of another mega-popular Chinese app. Who is behind DeepSeek and how did it achieve its AI ‘Sputnik moment’? ...The Guardian - 2d -
What is DeepSeek, the Chinese AI startup shaking up tech stocks and spooking investors?
Chinese tech startup DeepSeek released a model of its AI service that seemingly is on-par with U.S.-based competitors like ChatGPT, but required far-less computing power.NBC News - 2d -
The $8 Billion Children’s Vaccine Fund R.F.K. Jr. Would Oversee
If confirmed by the Senate to be the nation’s health secretary, Robert F. Kennedy Jr. would have vast powers over immunization policies for children and adults.The New York Times - 2d -
Nvidia loses nearly $600 billion in market value after Chinese AI startup bursts onto scene
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.NBC News - 3d -
Chinese AI startup DeepSeek sends U.S. stocks tumbling
Chinese artificial intelligence company DeepSeek is sending shockwaves through Wall Street. CBS News MoneyWatch correspondent Kelly O'Grady has the details on that and the latest on TikTok.CBS News - 3d -
Reid Hoffman Raises $24.6 Million for AI Cancer-Research Startup
The LinkedIn co-founder is starting Manas AI with “The Emperor of All Maladies” author Siddhartha Mukherjee.The Wall Street Journal - 3d -
How Chinese AI Startup DeepSeek Made a Model that Rivals OpenAI
When Chinese quant hedge fund founder Liang Wenfeng went into AI research, he took 10,000 Nvidia chips and assembled a team of young, ambitious talent. Two years later, DeepSeek exploded on the scene.Wired - 5d -
OpenAI Launches Operator, Its First AI Agent
Operator can search the web, move a cursor, click on webpages, and generally do much of what a human can do.Inc. - Jan. 23 -
Baya Systems raises $36M for AI and chiplet innovation
Baya Systems, a chip technology company that wants accelerate intelligent computing, raised $36 million in funding.VentureBeat - Jan. 23 -
Divvy Homes, Once Valued at $2 Billion, Is Sold for Half That Price
The company, backed by high-flying Silicon Valley investors like Andreessen Horowitz, had promised it would reinvent the rent-to-own model and make it more consumer friendly. High interest rates ...The New York Times - Jan. 23 -
Google Steps Up AI Race With Fresh $1 Billion Investment in OpenAI Rival Anthropic
The AI contender to the apparent market leader finished a $2 million funding round and now has a $60 billion valuation.Inc. - Jan. 22 -
Tech Leaders Pledge Up to $500 Billion in AI Investment in U.S.
OpenAI, Oracle and SoftBank unveiled AI infrastructure plans at White House.The Wall Street Journal - Jan. 21 -
Trump Announces $100 Billion Stargate A.I. Initiative With OpenAI, Oracle and SoftBank
OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.The New York Times - Jan. 21 -
Funding for gaming startups dropped off in Q4 2024 | Konvoy
Konvoy's latest report shows that funding for gaming-related startups was curiously low in Q4 2024, as were VC deals.VentureBeat - Jan. 21 -
Trump announces up to $500 billion investment to build AI infrastructure
President Trump on Tuesday announced the creation of a new project to invest up to $500 billion in building the infrastructure needed for artificial intelligence (AI) development over his second ...The Hill - Jan. 21 -
Trump to announce up to $500 billion in private sector AI infrastructure investment
President Trump is announcing billions in private sector investment by OpenAI, Softbank and Oracle to build AI infrastructure in the U.S.CBS News - Jan. 21 -
OpenAI’s Ex-CTO Raids Rivals for Top Team at Her Startup
Mira Murati’s still unnamed AI startup’s goal remains a mystery, but she clearly has a plan—starting with gathering a pool of industry experts.Inc. - Jan. 17 -
Mira Murati’s AI Startup Makes First Hires, Including Former OpenAI Executive
It’s a major get for Murati’s mysterious startup, which has also poached engineers and researchers from a number of other prominent AI firms.Wired - Jan. 17 -
Bargain hunting? This value manager has scooped up Airbnb, an AI-healthcare play and a GE spinoff
Five overlooked stocks that the Oakmark Fund unearthed last year.MarketWatch - Jan. 16 -
U.S.-China Rivalry Could Boost Space Startup Funding
After commercial space startups pulled in $8.6 billion in 2024, more venture capital firms are likely to make investments in new companies as Sino-Amercian tensions go orbital.Inc. - Jan. 15 -
OpenAI Details How It Would Like AI to Be Regulated
The resulting regulation—or lack thereof—could have repercussions for businesses working on artificial intelligence.Inc. - Jan. 14 -
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 - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Story uses Web3 to enable creators to capture the value they contribute to the AI ecosystem
Story, an intellectual property blockchain, believes that creators, developers and artists should be able to be rewarded for what they contribute to AI.VentureBeat - Jan. 8 -
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 - Jan. 8 -
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 - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
British AI startup with government ties is developing tech for military drones
Exclusive: Concerns raised over role of Faculty AI, which has worked with NHS and government safety body. A company that has worked closely with the UK government on artificial intelligence safety, ...The Guardian - Jan. 7 -
Stryker to Acquire Inari Medical in Deal Valued at $4.9 Billion
Inari makes mechanical thrombectomy solutions designed to treat peripheral vascular diseases. Stryker said the deal would be complementary to its neurovascular business.The Wall Street Journal - Jan. 6 -
5 Ways This Startup Puts Values in Action
This AI company’s values help drive its booming biotech business.Inc. - Jan. 5 -
Nvidia’s Market Value Got a $2 Trillion Boost in the AI rally of 2024
The AI chipmaker recorded the largest market cap increase of any publicly listed company in 2024, nearly tripling in value to $3.28 trillion by the end of the year.Inc. - Jan. 2
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Cook points to 'fiscal stimulus' after Apple suffers steepest China sales decline in a year
China is "the most competitive market in the world," Cook told analysts on Thursday.CNBC - 1h -
Trump lashes out at Biden, DEI efforts after D.C. plane crash
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Deadly American Airlines-helicopter collision highlights concerns with crowded U.S. airspace
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Intel issues weak forecast, but beats on fourth-quarter results
Intel said seasonality, competition and an uncertain economy are resulting in challenges to its business.CNBC - 21m -
Samsung fourth-quarter profit misses estimates, falls sharply from previous quarter
Samsung Electronics reported better-than-expected fourth-quarter revenue and operating profit, though the latter dropped by nearly a third from the previous quarter.CNBC - 29m
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Intel issues weak forecast, but beats on fourth-quarter results
Intel said seasonality, competition and an uncertain economy are resulting in challenges to its business.CNBC - 21m -
Deckers hikes its yearly outlook. Wall Street still has questions about demand.
Sales of Deckers footwear brands Ugg and Hoka increased during the third quarter.MarketWatch - 28m -
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European Central Bank Cuts Interest Rates as Economic Growth Stagnates
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.The New York Times - 50m