Factory CEO Matan Grinberg bought each of his first 30 employees a $3,000 Eight Sleep mattress cover to improve their sleep and cognitive performance, comparing the need for rest to that of profession…
Senator Elizabeth Warren is demanding transparency on private equity acquisitions of utility companies, warning that AI data center electricity demand could burden consumers. She flagged specific deal…
Anthropic cannot sell its latest AI model due to new US export controls, but the company may bypass restrictions by packaging the model for enterprise clients and joint ventures rather than selling it…
Apollo Global Management and Blackstone invested $35 billion in Anthropic to boost its AI development capabilities and competitive position amid the intensifying U.S.-China technology race. Market pri…
Roughly 90 venture capital firms and money managers hold stakes in both OpenAI and Anthropic, creating a 42% overlap in OpenAI's investor base as the two AI rivals race toward public listings. Anthrop…
AirTrunk, a hyperscale data center operator backed by Blackstone and CPPIB, announced plans to invest approximately $30 billion in Indian data centers by 2030, targeting the construction of over 5 gig…
AirTrunk, a Blackstone-backed hyperscale data center operator, announced it will invest over $30 billion in India by 2030 to build more than 5 gigawatts of AI-ready data center capacity across multipl…
Blackstone-backed AirTrunk plans to invest $30 billion in India by 2030, building 5 gigawatts of data centre capacity across multiple states. The announcement comes six weeks after AirTrunk entered th…
Blackstone-backed data center operator AirTrunk announced Thursday it will invest $30 billion in India by 2030 to develop 5 gigawatts of new data center capacity, one of the largest commitments to the…
Walbridge, OpenAI, Oracle and partners broke ground this week on the $16 billion Stargate data center campus in Saline Township, Michigan, marking what Oracle and Related Digital call the largest sing…
Data security startup Cyera is finalizing a funding round of at least $300 million led by Evolution Equity Partners at a $12 billion valuation, according to sources familiar with the deal. The company…
Anthropic released Claude Opus 4.8, which independent benchmarks show as an incremental improvement with mixed results — better efficiency and less over-agentic behavior in coding, but regressions in …
Apollo Global Management and Blackstone are competing to raise $36 billion to acquire chips from Google for use by Anthropic, the AI startup backed by Google. The deal would provide Anthropic with cri…
Apollo Global Management and Blackstone are arranging approximately $36 billion in debt to purchase custom Google TPU chips for Anthropic, with the hardware leased back to the AI company rather than p…
Apollo Global Management and Blackstone are working on a $36 billion debt financing deal for artificial intelligence company Anthropic, according to Bloomberg News. The potential transaction would pro…
Anthropic closed a $65 billion Series H funding round, producing a $965 billion post-money valuation and a reported $47 billion revenue run-rate. The round was led by Altimeter Capital, Dragoneer, Gre…
Blackstone and Guggenheim are reducing software loan allocations in new collateralized loan obligations due to concerns that artificial intelligence will disrupt the business models of software compan…
AI is transitioning from experimental demos to foundational infrastructure, as evidenced by major investments and corporate restructuring. Key developments include Google and Blackstone planning a $5 …
Anthropic and OpenAI announced separate joint ventures with major financial firms to build AI-powered services companies, with Anthropic raising $1.5 billion from Blackstone, Hellman & Friedman, and G…
OpenAI finalized a $10 billion joint venture with a 19-firm Wall Street consortium led by Blackstone to embed its AI tools into the group's portfolio companies, while Anthropic is closing $1.5 billion…