BCG declared that companies have entered a new era of token-based competition, where AI models deliver PhD-level intelligence and advantage comes from applying that intelligence productively through t…
SpaceX went public in a record $75 billion IPO, becoming one of the world's 10 most valuable companies, as AI firms like Anthropic and OpenAI also prepare to go public. These companies need massive ca…
Defense tech startups have raised $14.6 billion in venture capital through May 2026, surpassing 2025's full-year record, driven by AI advancements and Pentagon support. Major deals include Anduril's $…
JPMorgan Chase reported a record $16.5 billion Q1 2026 profit, but CEO Jamie Dimon warned that the next credit crisis could be worse than expected due to inflated asset prices and lax lending standard…
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…
JPMorgan Chase has blocked its Hong Kong staff from using Anthropic's Claude AI model due to licensing terms, following a similar move by Goldman Sachs. The restriction highlights how geopolitical ten…
Chainguard launched the Athena Coalition, an industry group using AI to find and fix vulnerabilities in open-source software before exploitation. Founding members include BNY, JPMorgan Chase, Cisco, C…
Anthropic joined Frontier, a Big Tech coalition funding carbon removal, which announced $915 million in new commitments on June 17, bringing total pledges to $1.8 billion. The AI company, known for it…
JPMorgan Chase, Bank of America, Citi, and MUFG are arranging $2.5 billion in debt financing to back AI-driven investment group Long Lake Management's $6.3 billion acquisition of American Express Glob…
Chainguard launched the Athena coalition, a group of over two dozen companies including JPMorgan Chase and Cisco, to use AI to find and fix open-source software vulnerabilities before attackers can ex…
Nvidia announced a $20 billion bond offering on June 15, 2026, its largest-ever debt deal, to fund AI chip production and data center expansion. The offering, structured across seven tranches with mat…
Nvidia launched a $20 billion bond sale, its first since 2021, to raise funds for general corporate purposes including refinancing existing debt. The chipmaker is offering bonds in seven tranches with…
Nvidia launched a $20 billion investment-grade bond offering, its largest ever, to fund growth and AI infrastructure without diluting equity. The sale spans seven maturities and is four times larger t…
Jeff Bezos, seven months into leading AI startup Prometheus, has raised $18.2 billion and achieved a $41 billion valuation. The company focuses on developing an 'artificial general engineer' for physi…
Jeff Bezos' startup Prometheus has raised $12 billion in new funding, bringing its valuation to $41 billion, as the company works to develop an "artificial general engineer" aimed at accelerating inve…
Prometheus, a Jeff Bezos-backed startup, raised $12 billion in a funding round at a $41 billion valuation, with investors including JPMorgan Chase, Goldman Sachs, and BlackRock. The company, which emp…
Prometheus, the physical-AI startup co-founded by Jeff Bezos and Vik Bajaj, raised $12 billion at a $41 billion valuation in a round that included JPMorgan Chase, Goldman Sachs, BlackRock, DST Global …
Jeff Bezos's physical AI startup Prometheus raised $12 billion at a $41 billion valuation to develop an "artificial general engineer" that automates the design and manufacturing of complex physical sy…
Jeff Bezos's AI startup Prometheus raised $12 billion in a funding round at a $41 billion valuation from investors including JPMorgan Chase, Goldman Sachs, and BlackRock. The company, co-led by Bezos …
Amazon has secured a $17.5 billion delayed draw term loan from a group of banks including Citigroup, JPMorgan Chase, and Wells Fargo, just two days after raising $14 billion in a Canadian bond sale. T…