In just over two months, the new stablecoin law has upended crypto markets, giving a group of new competitors a chance to wrest control from the industry’s two dominant companies, Tether and Circle.
Anysphere, the maker of coding assistant Cursor, is considering offers to invest in the startup at around a $30 billion valuation, roughly triple its valuation in a round that closed mid-year, ...
AMD CEO Lisa Su should hope Nvidia CEO Jensen Huang takes digs at her more often. After Huang turned up on CNBC on Wednesday morning—where he discussed both the AMD-OpenAI chip deal announced on ...
Countless startups sell tools to software engineers, such as version control systems to track who’s making changes to a ...
SoftBank Group said Wednesday it had purchased the robotics division of Swiss industrial conglomerate ABB for $5.4 billion, the latest big push for the Japanese firm into robotics. SoftBank will have ...
Elon Musk and his social media site X, formerly known as Twitter, have settled a lawsuit from four top Twitter executives that Musk fired after acquiring the company in 2022. Former Twitter CEO Parag ...
Apple and Meta are on the verge of settling antitrust cases with European Union regulators over alleged violations of the bloc’s Digital Markets Act, the Financial Times reported. The EU had already ...
Data streaming platform Confluent is exploring a sale after receiving takeover interest, Reuters reported . Shares of Confluent jumped more than 11% on Wednesday morning. The Mountain View, ...
Anthropic, the startup known for its Claude AI models, is accelerating international expansion with a plan to open an office in India by next year, the second in Asia after Tokyo. Anthropic CEO Dario ...
Major stock indices dipped more than half a percent and shares of artificial intelligence cloud providers Oracle, Nebius and CoreWeave fell 3% to 5% following The Information’s report on challenges ...
Nvidia CEO Jensen Huang said Tuesday that Oracle, one of its largest customers, is going to be “wonderfully profitable” from renting out Nvidia artificial intelligence chips to cloud customers.
Soaring debt levels at companies funding the artificial intelligence boom have passed notable benchmarks, Goldman Sachs and JPMorgan Chase both said this week, marking a note of caution as tech ...