Finance

Samsung Electronics said it expects record first-quarter profit, driven by surging demand for artificial intelligence memory chips, as the company’s preliminary…

Anthropic has acquired biotech AI startup Coefficient Bio in a $400 million all-stock deal, marking its largest acquisition to date and a push into…

Public has begun rolling out a new AI-driven feature called Agents, allowing users to automate investment strategies directly within its brokerage platform,…

OpenAI announced it has closed a new funding round totaling $122 billion in committed capital at an $852 billion post-money valuation, alongside updates on its…

Meta is sharply increasing its investment in a new AI-focused data center in El Paso, Texas, committing more than $10 billion to the project as it scales…

Microsoft is weighing legal action against Amazon and OpenAI over a new cloud partnership that could reshape how OpenAI’s enterprise platform is delivered,…

Zendesk said it plans to acquire AI startup Forethought in an all-cash deal, marking the company’s largest acquisition to date as it pushes to expand artificial…

Nscale said Monday it has raised $2 billion in a Series C funding round valuing the AI data-center and cloud infrastructure startup at $14.6 billion, as…

Nvidia CEO Jensen Huang said OpenAI’s recent $30 billion funding round could represent the high-water mark for massive AI investments, raising questions about…

Cursor has surpassed $2 billion in annualized revenue after doubling its run rate in just three months, according to Bloomberg, marking one of the fastest…

Meta plans to purchase potentially up to $100 billion worth of AMD chips under a new multiyear agreement announced Tuesday, a commitment large enough to drive…

OpenAI has partnered with Indian fintech firm Pine Labs to integrate AI-driven reasoning into the company’s payments and commerce infrastructure, the companies…