South Korea's equity market capitalization surged 86% this year to approximately $5 trillion, overtaking India's $4.8 trillion market value, according to data compiled by Bloomberg and reported by the…
Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also on the deal, Bloomberg reported Monday, citing people familiar with the matter. Th…
Theory Ventures GP and former Google PM shares data-driven insights on AI, web3, and venture capital in a newsletter read by 150k+ founders and operators, featured by Bloomberg, WSJ, and The Economist…
Uber is eliminating 23% of positions in its People and Places division, the unit responsible for human resources, recruitment, and workplace facilities, under newly promoted president Jill Hazelbaker.…
Meta launched Meta Business Agent, an AI assistant for businesses, across WhatsApp, Instagram and Messenger, the company announced on its blog. The agent can answer customer questions, recommend produ…
Alphabet raised a record-breaking $85 billion through a stock sale, far exceeding its initial $40 billion target, with Berkshire Hathaway alone purchasing $10 billion worth of shares. The funds are ea…
Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also on the deal, targeting an October listing at a $965 billion valuation. SpaceX's ow…
Matt Levine argues that individuals cannot opt out of the AI boom because the technology's integration into markets and daily life is inevitable, driven by corporate and economic forces beyond persona…
Incoming Apple CEO John Ternus has canceled plans for a second-generation Vision Pro and a lighter Vision Air, shifting the company's focus to two smart glasses products, according to analyst Ming-Chi…
Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also involved in the deal, as the Claude maker weighs a public debut as soon as October…
SpaceX plans to sell 555.6 million shares at $135 apiece in its initial public offering, targeting a $75 billion raise and a valuation of at least $1.8 trillion, according to people familiar with the …
Alphabet Inc. upsized its equity offering to $84.75 billion from $80 billion to fund growing artificial intelligence spending, making it the largest equity capital markets transaction of all time. The…
Adobe Inc. is considering internal executives David Wadhwani and Anil Chakravarthy as leading candidates to replace outgoing CEO Shantanu Narayen, while also hiring Heidrick & Struggles to search for …
Uber has implemented a $1,500 monthly token spending limit per AI coding tool for all employees, capping usage of agentic software like Cursor and Claude Code after the company blew its 2026 AI budget…
Uber has capped employee usage of AI coding tools like Cursor and Anthropic's Claude Code at $1,500 in monthly token spending per tool, a company spokesperson confirmed. The limit, implemented in rece…
Uber has capped employee spending on agentic AI coding tools at $1,500 per month per tool, a company spokesperson confirmed to Bloomberg News. The limits, implemented in recent months, apply to softwa…
Rob Hillard, CEO of Deloitte's Asia-Pacific branch, said recent graduates are entering the workforce with a "negative perception" of AI after being taught in college that using the technology constitu…
Anthropic is expanding access to its Claude Mythos vulnerability detection model to approximately 150 additional organizations through Project Glasswing, bringing the total to about 200 groups. The in…
Uber Technologies Inc. has implemented a $1,500 monthly token-spend cap per employee for each agentic AI coding tool, including Claude Code and Cursor, according to Bloomberg. The limits, rolled out i…
Alphabet announced an $80 billion equity offering package to fund AI infrastructure, including a $40 billion at-the-market program, $30 billion in underwritten offerings, and a $10 billion private pla…