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WSJ: Musk’s xAI Nears a Massive $15B Raise at Sky-High $230B...

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Elon Musk’s artificial intelligence startup xAI is reportedly in advanced talks to raise $15 billion in new equity at a valuation of $230 billion,...

xAI Secures $15 Billion in New Funding, CNBC Reports

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Elon Musk’s company xAI has raised $15 billion in a Series E funding round, according to a CNBC report that cited people familiar with...

OpenAI Battles Order to Reveal Millions of ChatGPT Chats

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OpenAI Fights Court Order to Hand Over 20 Million ChatGPT Logs OpenAI has asked a federal judge in New York to overturn an order requiring...

Anthropic Bets $50 Billion on Massive U.S. Expansion

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Anthropic to Invest $50 Billion in New U.S. Data Centers AI startup Anthropic announced plans to invest $50 billion to build new data centers across...

UBS: AI Spending to Top $500 Billion by 2026

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UBS Forecasts Global AI Spending to Surpass $500 Billion by 2026 UBS projects that global capital expenditure on artificial intelligence (AI) will climb above half...

U.S. Job Market Shaken as October Layoffs Reach 20-Year Record

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U.S. Layoffs Surge to 20-Year High in October as Companies Tighten Costs and Embrace AI U.S. employers announced more than 150,000 job cuts in October,...

Nvidia CEO Says China Poised to Lead Global AI Race

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Nvidia CEO Warns China Set to Lead AI Race Amid U.S. Energy and Regulatory Hurdles Nvidia CEO Jensen Huang warned that China is likely to...

Nvidia Joins India Deep Tech Alliance as Members Commit $850 Million...

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Nvidia Joins India Deep Tech Alliance as Investors Commit Over $850 Million Nvidia has joined a growing group of Indian and U.S. investors backing India’s...

Amazon Stock Soars as AWS Strikes $38B Cloud Deal with OpenAI

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Amazon Stock Soars as AWS Strikes $38 Billion Cloud Deal with OpenAI Amazon (NASDAQ: AMZN) shares surged 5.4% on Monday after the company’s cloud division,...

Google Parent Alphabet Set to Raise Funds via U.S. and Euro...

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Alphabet Taps U.S. and Euro Bond Markets in New Multi-Billion Debt Offering Alphabet Inc., the parent company of Google, has entered the U.S. dollar and...
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