Latest in OpenAI in talks to raise funding that would value AI startup at up to $340 billion
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UPS could help end the ‘freight recession’ this year. It may have to raise prices first.
Analysts say deregulation, lower taxes under Trump could spur small-business investments and more shipments — but tariffs could weigh down volumes.MarketWatch - Jan. 16 -
Brooklyn trio raises $10 million for startup that wants to help open-source developers get paid
Out of the old Domino Sugar Refinery in Brooklyn, a trio of techies has raised $10 million for Merit Systems to focus on fixing an open-source problem.CNBC - Jan. 16 -
Outsourcing giant Infosys raised sales guidance for a third time. AI is helping.
Indian outsourcing giant Infosys on Thursday raised its sales outlook for the third time this year as the company said clients were increasingly adopting its artificial-intelligence services.MarketWatch - Jan. 16 -
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 -
Botika raises $8M to change fashion photography with AI-generated fashion models
Botika, a started focused on AI-generated fashion models, has raised $8 million and launched its new mobile iOS app.VentureBeat - Jan. 16 -
A.I. Military Start-Up Anduril Plans $1 Billion Factory in Ohio
The company said its Columbus plant could eventually produce tens of thousands of autonomous systems and weapons each year.The New York Times - 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 -
Pakistan's premier welcomes World Bank's 10-year funding plan of $20 billion
Pakistan’s prime minister has welcomed the first-of-its-kind agreement with the World Bank under which his country will receive $20 billion in the next decade to invest in renewable energy, ...ABC News - Jan. 15 -
SGS, Bureau Veritas in Talks for Potential Multibillion-Dollar Tie-Up
The Swiss and French companies are in talks about a combination that would create a giant in Europe’s inspection, certification, and testing services industry, with a combined market value of some ...The Wall Street Journal - 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 -
This 36-year-old sci-fi 'nerd' quit his banking job to start a deep space startup that has raised $24 million
"It was in banking that I finally realized why the internet sucked," says Rohit Jha, co-founder and CEO of Transcelestial.CNBC - Jan. 12 -
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‘We would turn up to find books on fire’: the teachers risking kidnap and death to keep Burkina Faso’s schools open
Conflict has forced a fifth of the country’s schools to close. One teacher, determined to keep working despite threats from marauding Islamist militias, shares their testimony. Teaching in Burkina ...The Guardian - Jan. 10 -
UK charity that raised funds for Israeli soldier given warning
Regulator acts over complaints about fundraising activity as trustees fail to explain how IDF individual spent the donationFinancial Times - Jan. 9 -
Biden administration planning new AI chip export limits that would hit Nvidia, report says
The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.MarketWatch - Jan. 9 -
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 -
Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.Inc. - 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 -
Square Enix Boss Would "Love" A Final Fantasy 7 Movie, But Don't Get Your Hopes Up Just Yet
Final Fantasy VII is among the most beloved entries in the series, but could there one day be another film adaptation? Final Fantasy producer Yoshinori Kitase said in an interview recently that, ...GameSpot - 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 -
Trump keeps up talk of U.S. expansion: From the Politics Desk
President-elect Donald Trump is keeping up his talk of expanding the United States by taking control of Canada, Greenland and the Panama Canal.NBC News - Jan. 7 -
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 -
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 - Jan. 7 -
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Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - 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 -
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 - Jan. 6 -
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 -
$119 billion of U.S. government debt to be issued this week, raising questions about demand
A total of $119 billion in U.S. government debt issuance is about to drop this week through Wednesday, pushed forward due to Thursday’s abbreviated session for bond traders as the country marks the ...MarketWatch - Jan. 6 -
OpenAI’s red teaming innovations define new essentials for security leaders in the AI era
Red teaming has become the go-to technique for iteratively testing AI models to simulate diverse, lethal, unpredictable attacks.VentureBeat - Jan. 6 -
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 - Jan. 6 -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - Jan. 6 -
5 Ways This Startup Puts Values in Action
This AI company’s values help drive its booming biotech business.Inc. - Jan. 5 -
AI Hardware Is in Its ‘Put Up or Shut Up’ Era
This week at CES, companies of all sizes will show off all their new AI-enabled gadgets. Here’s hoping they don’t all just do stuff your phone already excels at.Wired - 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