Phoebe Gates, the 23-year-old daughter of Microsoft co-founder Bill Gates, is unlikely to face the maximum 20-year prison sentence for alleged 'cookie stuffing' at her AI-powered shopping startup Phia…
Vantage Data Centers, backed by DigitalBridge and Silver Lake, is exploring an IPO or sale at a valuation near $100 billion, which would raise about $10 billion, according to Bloomberg. The company ha…
Anthropic is in talks to acquire Decart AI for around $6 billion, a deal that would bring Decart's video-simulation and chip-efficiency technology into Anthropic's inference team. While the sourced st…
Faulty backup camera systems have triggered recalls of approximately 21 million vehicles in the US since the government mandated the technology eight years ago, including nearly 6 million in the last …
Apple is expected to release a new Apple TV 4K this fall, its first hardware refresh in nearly four years, featuring the A17 Pro chip to support Apple Intelligence and the new Siri, according to Bloom…
Hybrid cars, led by the Toyota RAV4, have become the hottest segment in the global new car market, accounting for about 1 in 7 new cars sold in the US last year, up from less than 3 percent in 2020, a…
SMIC and Hua Hong Grace reported triple-digit profit growth in the June quarter, with net profits up 261.7% to US$479.2 million and 385.9% to US$38.6 million respectively, driven by surging AI demand.…
Anthropic is in early talks to acquire Israeli AI startup Decart for nearly $6 billion, according to Bloomberg and Reuters, which would be the largest acquisition for the company behind the Claude cha…
Anthropic is in talks to acquire AI startup Decart for roughly $6 billion, according to Bloomberg. Decart's optimization engine, DOS, could help Anthropic reduce compute costs, which currently include…
The S&P 500 closed at a record 7,757.64 after tame July CPI data, but Cisco Systems Inc. shares fell 4.6% to $118.18 in after-hours trading despite record fiscal Q4 revenue of $17.3 billion, as the co…
Anthropic is in talks to acquire AI startup Decart AI for about $6 billion, according to people familiar with the negotiations. The deal, if completed, would be Anthropic's largest known acquisition a…
Anthropic is in talks to acquire real-time AI startup Decart for about $6 billion, Bloomberg reported on August 12, citing people familiar with the matter. The negotiations have not produced a signed …
DeepSeek has launched a WeChat account for its new 'DeepSeek Harness Team' and posted job listings to build AI agents that compete with Anthropic's Claude Code, according to a Bloomberg report. The Ha…
Colliers' August 12 analysis links Morgan Stanley's May forecast of about $800 billion in 2026 AI-infrastructure investment by large U.S. technology companies to rising demand for data-center land, po…
JPMorgan Chase launched a synthetic credit default swap basket in February 2026 covering Alphabet, Amazon, Meta Platforms, Microsoft, and Oracle, trading in standardized blocks of $25 million with eac…
Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., completed a $926 million leveraged-loan deal to finance the purchase and installation of graphics processing units and other infrast…
Cognition, maker of the AI coding agent Devin, is in talks to raise a new funding round at a $40 billion valuation, according to Bloomberg, just three months after raising $1 billion at a $26 billion …
The Yale Budget Lab, led by executive director Martha Gimbel, argues that Washington should fix existing tax code gaps before drafting new taxes on AI-generated wealth, warning that current disparitie…
Wintermute, a crypto market maker, plans to invest about $1 billion in high-frequency trading and artificial intelligence, according to a Bloomberg report citing founder and CEO Evgeny Gaevoy. The inv…
DeepSeek has created an official WeChat account for its new 'DeepSeek Harness Team' and posted job listings to develop AI agents that can compete with Anthropic PBC's Claude Code, according to Bloombe…