Openai in Talks That Value Company at 150 Billion
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Moderna stock plunges nearly 17% after company lowers 2025 sales forecast by $1 billion
Moderna now expects 2025 revenue to come in between $1.5 billion and $2.5 billion, most of which will come in the second half of the year.CNBC - 1d -
OpenAI outlines proposals to bolster national security, drive economic growth
OpenAI laid out a series of new artificial intelligence (AI) policy proposals Monday, encouraging U.S. development of the emerging technology to stay ahead of China while minimizing its risks. "As ...The Hill - 1d -
OpenAI Courts Trump With Vision for ‘A.I. in America’
The maker of ChatGPT hopes to spur investment from the Middle East and avoid strict regulations on the development of new technologies.The New York Times - 1d -
Warriors' depth pieces show potential trade value in loss to Pacers
The Warriors' depth pieces provided a glimpse of the value they hold in any potential trade scenarios with a strong performance in Golden State's 108-96 loss to the Indiana Pacers on Friday at ...Yahoo Sports - 4d -
OpenAI has begun building out its robotics team
Previously, OpenAI partnered with robotics startup Figure to provide the models powering the latter's humanoid robots.VentureBeat - 4d -
Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
Constellation Energy Corp., an electricity provider whose stock has doubled over the last year on hopes it will help meet the voracious energy demand created by artificial-intelligence ...MarketWatch - 4d -
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.MarketWatch - 4d -
Donald Trump’s careless talk
The president-elect’s expansionist rhetoric is unsettling America’s alliesFinancial Times - 5d -
Musk calls on California and Delaware to force auction of OpenAI stake
Latest salvo in legal battle over ChatGPT-maker’s restructuring as a for-profit companyFinancial Times - 5d -
Ubisoft Refuses To Comment On Tencent Rumors But Says It's Exploring Options To Maximize Value
As part its delay of Assassin's Creed Shadows , Ubisoft has announced that it's putting plans in place to pursue "various transformational strategic and capitalistic options" to help put itself ...GameSpot - 5d -
Grayson Murray memories at Sony Open remind Woodland of the value of support
Gary Woodland is among those thinking of Grayson Murray at the Sony OpenABC News - 5d -
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 - 6d -
OpenAI CEO Sam Altman Denies Sexual-Abuse Claims Made by Sister
Ann Altman’s lawsuit says the alleged abuse occurred at the family’s home in Missouri when she and Sam Altman were children.The Wall Street Journal - 6d -
OpenAI CEO Sam Altman denies sister's sexual abuse allegations in lawsuit
OpenAI CEO Sam Altman’s sister, Ann Altman, filed a lawsuit on Monday, alleging that her brother sexually abused her regularly between the years of 1997 and 2006.NBC News - 6d -
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. - 6d -
Bitcoin Is Luring More Companies and Their Cash
It is a sharp pivot away from the cautious approach of the traditional corporate treasury, normally charged with safeguarding cash rather than chasing higher returns.The New York Times - 6d -
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 - 6d -
OpenAI chief executive Sam Altman accused of sexual abuse by sister in lawsuit
Tech entrepreneur and family say Ann Altman’s claims that abuse started in childhood are ‘utterly untrue’ . The sister of the OpenAI chief executive, Sam Altman , has filed a lawsuit alleging that ...The Guardian - 6d -
'I can't get divorced as I can't get my pension valued'
Divorcing teachers say they are living in limbo waiting for pension valuations to be calculated.BBC News - 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 -
Getty Images, Shutterstock to Combine in $3.7 Billion Deal
Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.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 -
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.CBS News - Jan. 7 -
2025 Fantasy Baseball: Top 150 rankings for Dynasty leagues, complete with value rating system
Here's how to value players when weighing the short-term vs. the long-termCBS Sports - Jan. 7 -
Getty’s stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal
The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.MarketWatch - Jan. 7 -
Indian investors rush into highly valued defence stocks
Asset managers have launched specialist funds as push for domestic armaments sends share prices soaringFinancial Times - Jan. 7 -
Phillips 66 to Buy EPIC NGL for $2.2 Billion
Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.The Wall Street Journal - Jan. 6 -
OpenAI begins 2025 with massive hype for AGI, superintelligence
The AGI and superintelligence hype has hit a fever pitch unlike any I've seen in my 15 years writing about technology.VentureBeat - 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 -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday.NBC News - Jan. 6 -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice left the company at the end of 2024 after 3½ years in the role.CNBC - Jan. 6 -
‘Virtual employees’ could join workforce as soon as this year, OpenAI boss says
Sam Altman says tools that carry out jobs autonomously, known as AI agents, could transform business output. Virtual employees could join workforces this year and transform how companies work, ...The Guardian - Jan. 6 -
5 Ways This Startup Puts Values in Action
This AI company’s values help drive its booming biotech business.Inc. - Jan. 5 -
Constellation Inks $1 Billion Nuclear Power Deal
Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.Inc. - Jan. 2 -
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 -
Content Creators Worry OpenAI Won’t Release a Tool That Promised to Protect Their IP
OpenAI said it would make it easy for content creators to prevent their material from being used to train AI, but it hasn’t yet delivered.Inc. - Jan. 2 -
FBI seizes more than 150 pipe bombs in raid on Virginia farm
The FBI says it found more than 150 pipe bombs in a raid on a Virginia farm. Investigators say Brad Spafford was arrested after a tip that he was stockpiling weapons. It is the largest seizure of ...CBS News - Jan. 1 -
Scopely scores a billion downloads and $10B in revenue to date
Scopely announced several key milestones achieved to date: $10 billion in lifetime revenue for its mobile games and a billion downloads.VentureBeat - Dec. 30