Samsung Electronics and SK Hynix are preparing record shareholder returns after investor concerns over AI hardware spending sustainability hit their stocks. Samsung will announce a plan worth more tha…
Unitree Robotics, officially Yushu Technology, will begin trading on the Shanghai Stock Exchange on Aug 19 after raising 6.1 billion yuan (US$904 million) in an IPO, making it the first publicly trade…
Anthropic's annualized revenue run rate hit $65 billion at the end of July, a sevenfold surge from $9 billion at the end of 2025, setting the stage for an IPO expected as soon as September or October.…
Anthropic reported more than $11.5 billion in Q2 2026 revenue on August 15, a 14-fold year-over-year increase from $787 million in Q2 2025, and confirmed its first quarter of positive adjusted operati…
JPMorgan Chase is investing nearly $20 billion annually in technology and $2 billion in AI, with CEO Jamie Dimon saying the investment has already matched its cost in savings. The bank has rolled out …
Anthropic, the maker of the Claude chatbot, reported preliminary second-quarter revenue of more than US$11.5 billion, a 14-fold increase from US$787 million in the same period a year earlier, accordin…
ServiceNow President and CFO Gina Mastantuono says trillions of dollars are being spent globally on AI initiatives, but companies must ask three key questions before making major investments: whether …
Salesforce returned $27.5 billion to shareholders in Q1 FY2027, including a record $25 billion accelerated share repurchase, the largest in corporate history, funded partly by a $25 billion debt issua…
Bank of America (NYSE: BAC) announced a $250 billion Critical Infrastructure Finance Initiative to fund US infrastructure over 18 months, from January 1, 2026, to July 4, 2027, focusing on data center…
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…
QTS Data Centers, a Blackstone portfolio company, is holding exploratory investor calls coordinated by Citigroup, Goldman Sachs, JPMorgan Chase, and Morgan Stanley for a potential bond offering, as re…
OpenAI has hired over 100 former investment bankers from Goldman Sachs, JPMorgan Chase, and Morgan Stanley for Project Mercury, an internal initiative to automate financial modeling workflows, with ba…
Nvidia is collaborating with major Wall Street firms to orchestrate a financing initiative that could channel as much as $500 billion into AI infrastructure, according to a report from Inside AI. The …
Bank of America reported that with nearly 90% of S&P 500 companies having released second quarter earnings, about 80% posted year-on-year EPS growth, placing the quarter in the 94th percentile, and th…
Global AI, a sovereign AI data center company, has secured $441 million in debt financing from JPMorgan Chase to accelerate its expansion of air-gapped GPU data centers across the US. The company rece…
JPMorgan Chase CEO Jamie Dimon said the American Dream remains 'totally achievable' for most Americans, but acknowledged it is 'slipping' for the bottom 20% of households, whose incomes have stagnated…
The Linux Foundation has formally launched the Tokenomics Foundation, a vendor-neutral standards body established on Aug. 4 with 30 founding members including JPMorgan Chase, BNY, GoDaddy, Hitachi, Le…
JPMorgan Chase CEO Jamie Dimon has personally called the heads of more than 40 major U.S. companies to join an expanded Alliance for Critical Infrastructure, a group founded with Mastercard and Berksh…
JPMorgan Chase CEO Jamie Dimon is leading a cross-industry coalition to address AI risks to U.S. critical infrastructure, with over 40 companies from finance, energy, telecoms, and transportation expr…
The Linux Foundation launched the Tokenomics Foundation in June 2026 to standardize AI token cost measurement, backed by JPMorgan Chase, Accenture, IBM, Microsoft, Oracle, Google Cloud, Salesforce, SA…