Asian equities traded flat on Monday as investors awaited U.S. sanctions details on Iran and Nvidia's quarterly results, with analysts expecting the chipmaker to report revenue near $92 billion, nearl…
Anthropic, the AI start-up behind Claude, is targeting a US stock market debut as soon as autumn that could raise more than $100 billion and value the company at up to $2 trillion, potentially eclipsi…
New York City now employs more tech workers than San Francisco — 394,300 to 375,730 — according to CBRE's "Scoring Tech Talent 2026" report, marking the first time NYC has led in 13 years. However, th…
Nscale, a London-based AI infrastructure company founded in 2024, plans to raise up to $3 billion in a US IPO targeting a September 2026 listing, with Goldman Sachs and JPMorgan leading the process. T…
The AI infrastructure boom is increasingly being financed through debt rather than operating cash flows, according to analysts at JPMorgan, the Bank for International Settlements, and FactSet. JPMorga…
AI compute is becoming infrastructure, and the costs are spreading beyond the companies that buy GPUs to grid operators, utilities, and taxpayers. JPMorgan argues that faster AI revenue growth makes t…
Citadel has unwound over 80% of the $4 billion in assets it acquired from Situational Awareness, the AI-focused hedge fund run by Leopold Aschenbrenner that collapsed in July, according to a report. T…
A developer at JPMorgan built an automated content pipeline that generates and uploads videos to nine YouTube channels daily, cutting production time by 72 percent. The system uses local AI models via…
Mastercard CEO Michael Miebach is preparing the payments giant for a future where AI agents shop online, introducing 'Agent Pay' in April 2024 to vet and tokenize transactions made by AI agents. The c…
Salesforce Inc. (NYSE: CRM) is positioned for a potential stock pop on August 26, 2026, when it reports fiscal Q2 2027 earnings, with Agentforce annual recurring revenue surpassing $1 billion and comb…
Mark Cuban posted on X on Aug. 15, 2026, that "Chips as an asset class will be the new crypto," a cryptic statement that drew over 1.2 million views and was widely covered by financial media. Commenta…
OKX, a cryptocurrency exchange, restricted employees in Hong Kong and those traveling through mainland China from using Anthropic's Claude model after its enterprise account was briefly suspended in e…
Bitwise Chief Investment Officer Matt Hougan predicts blockchain transaction volumes could grow 10 to 100 times in the coming years, driven by tokenized real-world assets and AI agents that trade auto…
In Q1 2026, at least 75 US data center projects valued at around $130 billion faced significant local opposition, more than double the $64 billion delayed or canceled in all of 2025, according to a re…
Leopold Aschenbrenner lost $30 billion by betting too heavily on AI infrastructure stocks, according to a report. His fund, Situational Awareness, borrowed $3 for every $1 of capital and was forced to…
Anthropic is assembling a revolving credit facility exceeding $10 billion ahead of its IPO, with lead banks committing approximately $1.25 billion each. The company's revenue run rate surpassed $65 bi…
Anthropic, the AI company behind Claude, is creating a new class of super-voting shares for CEO Dario Amodei and its co-founders ahead of a potential IPO in September or October 2026, with Goldman Sac…
ByteDance, the parent company of TikTok, attracted over $30 billion in orders for a $20 billion syndicated loan, its largest-ever offshore facility, with a three-year tenor extendable to five years. T…
Riot Platforms Inc. shares rose 4.7% to $19.91 after JPMorgan raised its price target to $22, citing the Bitcoin miner's $9.1 billion data center agreement reportedly involving Anthropic. The 20-year …
Leopold Aschenbrenner's Situational Awareness AI hedge fund lost approximately 67% of its value in July 2026 after margin calls forced it to sell its public portfolio, despite having returned 439% in …