Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also on the deal, targeting an October listing at a $965 billion valuation. SpaceX's ow…
Anthropic has selected Morgan Stanley, Goldman Sachs, and JPMorgan Chase to lead its initial public offering, following a confidential S-1 filing with the SEC on June 1, 2026. The AI company behind th…
Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also involved in the deal, as the Claude maker weighs a public debut as soon as October…
Bank of America received approximately 240,000 applications for fewer than 2,000 internship positions this year, yielding an acceptance rate of about 0.8%, according to Josh Bronstein, the bank's glob…
NVIDIA's RTX Spark N1x SoC will force a minimum PC price of approximately $2,899, while the N1 variant will start at $1,799, according to a Morgan Stanley analyst tabulation reported by Wccftech. The …
Activist investors are increasingly challenging companies on their artificial intelligence strategies, criticizing insufficient investment, unclear transformation efforts, and poor communication with …
Warren Buffett's Berkshire Hathaway is investing $10 billion in Alphabet's $80 billion capital raise to expand AI infrastructure. The funds will be used to scale computing capacity amid unprecedented …
Alphabet announced an $80 billion equity capital raise to expand AI infrastructure and compute capacity, one of the largest in corporate history, with Berkshire Hathaway anchoring a $10 billion privat…
OpenAI has held talks with Citigroup Inc. and JPMorgan Chase & Co. about joining the underwriting group for an initial public offering, according to Bloomberg News. The discussions could add those ban…
OpenAI is in talks to add Citigroup and JPMorgan Chase to its IPO banking syndicate, joining lead underwriters Goldman Sachs and Morgan Stanley. The company plans to confidentially file draft IPO pape…
Dell Technologies reported quarterly revenue up nearly 88% year over year, driven by AI server revenue that surged 757% to $16.1 billion, according to CNBC. Adjusted earnings per share of $4.86 beat c…
OpenAI and Anthropic are targeting initial public offerings as early as fall 2026, with combined proceeds from the two AI giants expected to approach $200 billion. OpenAI, valued at roughly $852 billi…
OpenAI and Anthropic are preparing for initial public offerings later this year, with OpenAI targeting September and Anthropic eyeing October or later, as the two AI giants seek to go public amid econ…
Morgan Stanley has doubled its forecast for AI-driven job losses in European banking, now projecting that up to 20% of the sector's workforce — roughly 400,000 roles — could be eliminated by 2030 as l…
Morgan Stanley projects European banks will eliminate more than 200,000 jobs by 2030, representing roughly 10% of the sector's workforce, as artificial intelligence and digitalization reshape back-off…
Marvell Technology shares surged 142.3% year-to-date through May 26, 2026, ahead of the company's Q1 fiscal year 2027 earnings report on May 27. Wall Street analysts have raised price targets, citing …
In May 2025, the tech economy split into two disconnected ecosystems: software and AI. By early 2026, SaaS and cloud services experienced their largest sell-off since the pandemic began, while AI labs…
U.S. neighborhoods near data centers have experienced a 267-percent increase in electricity costs since 2020, creating political upheaval risk ahead of midterm elections. Morgan Stanley analysts expec…
INNIO Group filed for a $2 billion initial public offering on the Nasdaq under the ticker "INIO," citing surging electricity demand from AI data centers as a key growth driver. The company, which supp…
OpenAI is reportedly preparing for an initial public offering as early as September, just one day after Elon Musk lost a lawsuit that threatened the company's corporate structure and future plans. The…