OpenAI has delayed its IPO to 2027, expecting AI rival Anthropic to go public first, according to Bloomberg News. The ChatGPT maker had targeted a fall listing, but recent tech stock volatility influe…
Onsemi agreed to buy Synaptics in an all-stock deal worth about $7 billion, betting that the next wave of artificial intelligence will run in cars, factories, and robots rather than in cloud data cent…
OpenAI declared itself an advertising company at Cannes Lions, projecting $2.5 billion in ad revenue for 2026 and a $100 billion target by 2030. The company is pitching its ChatGPT platform as a shift…
OpenAI is reportedly delaying its initial public offering until 2027 after CEO Sam Altman became concerned about achieving a $1 trillion valuation, following a 20% drop in SpaceX's stock from its peak…
Global markets fell as investor concerns mounted over potential slowdowns in AI demand and delays in OpenAI's initial public offering. OpenAI, whose private valuation surged to $852 billion, faces int…
SoftBank Group Corp.'s stock fell 12% after a report that OpenAI may delay its initial public offering until next year, dampening expectations of a financial windfall for the Japanese backer. The dela…
Chinese hardware tech stocks have surged 64% this quarter on AI infrastructure spending and government support, but earnings season will test whether valuations are justified. Analysts warn that share…
Morgan Stanley, Jefferies, and SpaceX are warning that public backlash against AI—driven by job displacement fears and rising energy costs—poses a material risk to the AI stock rally. A June 23, 2026 …
A developer built TraceProof, an open-source Rust system that creates signed, verifiable records of AI agent decisions to address regulatory compliance challenges in banking. The system uses cryptogra…
Morgan Stanley upgraded Qualcomm to Equalweight and raised its price target to $231, citing strong data center growth prospects. The upgrade marks a reversal from the bank's previous bearish stance, a…
JPMorgan raised its 12-month target for South Korea's Kospi index to 12,500, keeping the country as its top Asia equity pick, citing AI-driven earnings that outweigh foreign selling and volatility. Th…
Blue Owl is preparing to sell Stack Infrastructure's Asia-Pacific data center business for about $30 billion, with BlackRock's Global Infrastructure Partners, Macquarie, and IFM Investors as likely bi…
SpaceX, with $100.8 billion in cash, is issuing at least $20 billion in bonds to replace a short-term bridge loan used to acquire xAI, despite negative free cash flow of $14.1 billion last year. The m…
Tech stocks tumbled Tuesday, with the Nasdaq Composite falling nearly 2%, as a global sell-off in chipmakers sparked fears of an AI bubble burst. Major semiconductor companies like Samsung, SK Hynix, …
Federal Reserve Chair Kevin Warsh held rates steady at the June 17 FOMC meeting and dropped forward guidance, forcing markets to price risk independently. The 2-year Treasury yield rose sharply, and t…
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 …
Foxconn Chairman Young Liu estimated that building a 1-gigawatt AI datacenter using NVIDIA's Vera Rubin architecture could cost up to $47 billion, with 3,557 racks at $9.1 million each and an annual e…
Big Tech companies including Nvidia, Meta, Oracle, Alphabet, and Amazon are issuing record levels of debt to fund AI infrastructure buildouts, with Morgan Stanley projecting AI-linked global debt issu…
Morgan Stanley Research estimates global data center capital expenditure will reach approximately $2.9 trillion between 2025 and 2028, with a $1.5 trillion financing gap expected to be filled largely …
NatWest CEO Paul Thwaite said artificial intelligence will take over some existing banking roles, according to remarks reported by The Times on June 19, 2026. Thwaite made the comment at a business su…