Anthropic, valued at $965 billion, has confidentially filed for an IPO, targeting a valuation of $1 trillion or higher. Amazon and Google, two of the AI lab's largest early investors, stand to reap ma…
Honeycomb Insurance raised $40 million in a funding round led by Zeev Ventures, bringing its total funding to $95 million, as the AI-native insurer uses geospatial data and aerial imagery to price mul…
SpaceX's amended IPO filing includes language suggesting the company may issue equity for future transactions, signaling a potential merger with Tesla. The IPO also reserves 5% of shares—worth $3.75 b…
SpaceX amended its IPO filing on June 1 to include a provision reserving 5% of shares for friends and family without lockup restrictions, potentially allowing recipients to reap billions in immediate …
SpaceX is set to debut as one of the largest IPOs in history with a $1.75 trillion valuation on June 12, but Morningstar analyst Nicholas Owens values the company at just $780 billion—55% below the ta…
Nvidia has acquired Kumo AI, a four-year-old startup that develops foundation models for business predictions, according to two sources familiar with the deal. The startup's three co-founders transiti…
Two U.S. government virologists, Vincent Munster and Claude Kwe, were charged with smuggling vials of deactivated mpox virus into the United States from the Republic of Congo and lying to investigator…
Senator Bernie Sanders proposed the American AI Sovereign Wealth Fund Act, which would impose a 50% stock tax on major AI companies like OpenAI, Anthropic, and xAI to give ordinary Americans ownership…
Clinical health psychologist Dr. Deepika Chopra told the Fortune COO Summit that employee resistance to AI adoption stems not from technological capability gaps but from a psychological response to un…
Private employers added 122,000 jobs in May, exceeding economists' expectations of 110,000 and marking the strongest month of hiring since January 2025, according to ADP data released Wednesday. Job o…
Bazooka CIO Sankar Karuppasamy now reports directly to CEO Tony Jacobs following the company's 2023 separation from Topps via a $700 million sale to Apax Partners, reflecting a corporate trend where 6…
The European Union unveiled a "tech sovereignty" package on Wednesday aimed at reducing dependence on American AI and cloud services and Asian microchips. The 27-nation bloc proposed measures includin…
IBM Vice President and Chief Impact Officer Justina Nixon-Saintil, tasked with training 30 million people in AI skills by 2030, is shifting her focus from access to mindset as IBM research shows 67% o…
Amgen CEO Bob Bradway, a self-described "autodidact" who spends weekends learning AI tools and has mandated AI training for his executive team, is navigating the challenge of integrating artificial in…
Venture capitalist Jesse Walden has raised $222 million for Variant 4, a new early-stage fund that expands his firm's investment thesis beyond crypto to include artificial intelligence and "autonomy."…
Town, a startup founded by former Plaid CTO Jean-Denis Grézé and former Google AI director Tony Vincent, raised $55 million in Series A funding led by Andreessen Horowitz to develop personalized AI as…
Anthropic cofounder Chris Olah, a self-declared atheist and billionaire AI safety researcher, sat beside Pope Leo XIV at the Vatican last week to warn that the tech industry cannot govern itself. Olah…
Apoha, a deep tech startup building AI models to create new materials based on wave-form data from substances suspended in liquid, emerged from stealth on Tuesday with a $36 million Series A funding r…
Intel CEO Lip-Bu Tan slashed the company's management layers from 12 to six after taking over in March 2025, part of a sweeping turnaround that has boosted Intel's stock by nearly 500%. The moves come…
Anthropic filed confidentially for an IPO on Monday, becoming the third company to adopt a for-profit structure with investor-overriding mission guardians, a model that Harvard Law School researchers …