SK hynix, the leading supplier of high-bandwidth memory to Nvidia, is planning a Nasdaq listing as soon as August, aiming to join Wall Street's AI winners and potentially raise up to $14 billion. The …
Chinese AI and semiconductor stocks surged on government plans to invest $295 billion in AI data centers and anticipated index reshuffles, with Biren Technology's Hong Kong IPO soaring 120% on its fir…
Crusoe Energy and Redwood Materials have proven that repurposed electric vehicle batteries can power AI data centers at scale, with a 12 MW microgrid in Nevada achieving 99.2% uptime. GM and Ford are …
Leaked audited financials show OpenAI lost $20.92 billion on $13 billion in revenue in 2025, with losses projected to reach $63 billion by 2027. The real beneficiaries are Microsoft and Nvidia, which …
A new term from Harvard Business Review, 'workslop,' describes the feedback loop where AI-generated content with subtle errors accumulates in enterprise knowledge bases, corrupting institutional recor…
Federal Reserve Chair Kevin Warsh acknowledged that companies are easily raising capital on financial markets amid a record stock and debt binge, even as he maintained that monetary policy is "somewha…
Harvard Business Review warns that AI-generated low-quality work, termed 'workslop', is causing 'knowledge decay' in companies, eroding trust and costing $9 million annually in rework for a 10,000-emp…
By 2027, organizations will use small, task-specific AI models three times more than general-purpose LLMs, according to Gartner. Goldman Sachs projects AI may start boosting US GDP in 2027, with ~25% …
Red Lobster CEO Damola Adamolekun plans 'the greatest comeback in the history of the restaurant industry' using AI and nostalgia after the chain filed for Chapter 11 bankruptcy in 2024 and closed doze…
Goldman Sachs has released updated World Cup forecasts, predicting Spain as the favorite to win with a 20.4% chance, followed by France at 20% and Argentina at 18%. The model, based on historical perf…
SpaceX's June 12 IPO left a record $16.7 billion on the table, nearly triple the previous record, as shares rose 19% on the first day. The foregone capital could have funded the company's AI growth en…
A critic argues that the AI industry's focus on existential risk is a hype-driven strategy to justify inflated valuations, contrasting technical progress at companies like Z.ai and comma.ai with alarm…
OpenAI confidentially filed an S-1 with the SEC on May 22, 2026, targeting a public debut as soon as Q4 2026, with Goldman Sachs and Morgan Stanley leading the IPO. The company, generating $2 billion …
SpaceX's bankers are preparing to meet investors as early as next week to discuss a bond offering of at least $20 billion, the first investment-grade dollar bond issuance for Elon Musk's company, whic…
Meta's newly appointed President Dina Powell McCormick is leveraging her Wall Street connections, including relationships with JPMorgan CEO Jamie Dimon, to secure financing for the company's massive A…
Silicon Valley wealth advisers report a surge in activity from tech employees and early investors at SpaceX, OpenAI, and Anthropic expecting major liquidity events. Advisers say clients are strategica…
Goldman Sachs' 1-Delta Desk, led by Rich Privorotsky, flagged a chart tracking open-source vs. closed-source AI models as a leading indicator for the AI infrastructure trade, arguing that AI is shifti…
Accenture shares fell after the company reported Q3 new bookings of $19.32 billion, below the $20.66 billion estimate, and issued Q4 revenue guidance of $17.75-$18.4 billion, missing the $18.5 billion…
Maverick Capital co-CIOs Ben Silver and David Tykocinski warn of an 'air pocket' risk in AI markets as infrastructure buildout outpaces productivity gains, and predict value will shift back downstream…
Big Tech companies including Alphabet, Meta, and Amazon have sharply reduced share buybacks as they redirect cash toward AI infrastructure spending, projected to reach $755 billion in 2026, an 83% inc…