Sign up for ARPU: Stay ahead of the curve on tech business trends.
SiliconANGLE
OpenAI buys software testing startup Statsig for $1.1B and creates a new role for its CEO
Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands...
CNBC
Salesforce CEO confirms 4,000 layoffs ‘because I need less heads' with AI
CEO Marc Benioff revealed the layoffs during an interview on The Logan Bartlett Show podcast.
The Information
Anthropic Raises $13 Billion at $170 Billion Valuation - The Information
Anthropic on Tuesday said it had raised $13 billion at a $170 billion valuation before the financing, in a round co-led by new investor Iconiq and...
CNBC
Waymo starts testing in Denver, Seattle in bid to expand robotaxi service across U.S.
Waymo is moving into new markets as it seeks to expand its lead in the nascent U.S. robotaxi industry.
Bloomberg
Apple's Lead AI Researcher for Robotics Heads to Meta as Part of Latest Exits - Bloomberg
Apple is now discussing internally whether to rely more on outside technology, rather than just homegrown models, Bloomberg News has reported. Peebles...
PYMNTS.com
Anthropic Valued at $183 Billion Amid 'Exponential Growth in Demand' | PYMNTS.com
Anthropic has raised $13 billion in a funding round that values the AI startup at $183 billion. Its run-rate revenue leapt to over $5 billion.
The Information
Software's Existential AI Crisis Is Bonanza for Bankers - The Information
U.S. tech merger activity is headed for its best year since 2021—driven in part by enterprise software and other older tech companies acquiring...
CNBC
OpenAI acquires Statsig for $1.1 billion, brings on CEO as applications executive
Statsig will continue to operate independently and serve customers out of its Seattle office, OpenAI said.
Reuters
Anthropic valued at $183 billion after $13 billion fundraise - Reuters
Artificial-intelligence company Anthropic said on Tuesday it had raised $13 billion at a $183 billion post-money valuation led by investment firm...
Reuters
Anthropic's valuation more than doubles to $183 billion after $13 billion fundraise | Reuters
Artificial-intelligence company Anthropic said on Tuesday it is now valued at $183 billion post-money, over twice as much as its earlier valuation...
Bloomberg
OpenAI to Buy Product Testing Startup Statsig for $1.1 Billion
OpenAI has agreed to buy product testing startup Statsig for $1.1 billion in an all-stock deal, the company said, marking one of the largest acquisitions in the ChatGPT maker’s history.
Axios
AI hallucinations rock Iowa, federal courts - Axios Des Moines
in 11 hours - News. AI hallucinations rock Iowa, federal courts. Jason ... AI — in at least three separate filings. Why it matters: The Des...
Axios
Anthropic now valued at $183 billion, as AI race heats up - Axios
Anthropic on Tuesday announced that it's raised $13 billion in new venture capital funding at a $183 billion post-money valuation.
The Verge
Anthropic is now valued at $183 billion - The Verge
Anthropic, the AI startup behind Claude and one of OpenAI's chief competitors, emerged from the holiday weekend with big news: A completed funding...
As of August, Anthropic said its run-rate revenue has reached over $5 billion, up from roughly $1 billion at the beginning of the year. Dario Amodei,...
Bloomberg.com
Anthropic Completes New Funding Round at $183 Billion Valuation - Bloomberg.com
Anthropic has closed a deal to raise $13 billion from investors in a new funding round that nearly triples its valuation to $183 billion,...
TechCrunch
Anthropic raises $13B Series F at $183B valuation | TechCrunch
AI firm Anthropic's $13 billion Series F round will be use to grow its enterprise adoption, deepen safety research, and support international...
Bloomberg
Anthropic Funding Round Boosts Valuation to $183 Billion
Anthropic has closed a deal on a new funding round that nearly triples its valuation to $183 billion, raising $13 billion from investors in a larger-than-expected haul that makes the artificial intelligence company one of the most valuable startups in the world. Ed Ludlow reports on Bloomberg Television.
CNBC
Salesforce is having a bad year. This is where investors want to see growth
Investors want to see Salesforce's Agentforce artificial intelligence tool for customer service pick up traction.
Reuters
US manufacturing mired in weakness; AI spending boom helps some factories - Reuters
A PMI reading below 50 indicates contraction in manufacturing, which accounts for 10.2% of the economy. Get a daily digest of breaking business news...
CNBC
Musk looks past Tesla sales slump, says 80% of value will come from Optimus
Tesla CEO Elon Musk said on X that about 80% of his automaker's value will come from Optimus humanoid robots, which have yet to hit the market.
Bloomberg.com
Big Tech's Market Dominance Stirs Debate on Concentration Risks - Bloomberg.com
The debate is becoming more urgent as Nividia, Microsoft, Apple Inc., Alphabet Inc., Amazon.com Inc. and Meta Platforms Inc. account for more than...
Bloomberg.com
Emerging Stocks Rally as Alibaba Surges on AI Revenue Boost - Bloomberg.com
... Alibaba Group Holding Ltd. reported a surge in revenue from AI. The MSCI EM Index rose 0.7% as Alibaba jumped 19% in Hong Kong — the most in three...
Bloomberg
Varonis to Buy Security Firm SlashNext For $150 Million
Data security company Varonis Systems Inc. has agreed to acquire SlashNext, an AI-based email security provider, for as much as $150 million including performance-based retention awards.
SiliconANGLE
Report: OpenAI plans to build 1GW+ data center in India - SiliconANGLE
It's unclear whether the facility OpenAI will reportedly build in India is part of its OpenAI for Countries initiative. ... Send us a News tip; BRAND...
CNBC
SAP to invest over 20 billion euros in 'sovereign cloud' in boost to Europe's AI ambitions
German software giant SAP on Tuesday announced it will invest over 20 billion euros into its sovereign cloud capabilities in Europe over the next 10 years.
Bloomberg
Tesla Will Derive 80% of Its Value From Optimus Robot, Musk Says
Elon Musk is deemphasizing Tesla Inc.’s car business like never before in favor of humanoid robots that are still in development and a ways off from generating revenue.
Bloomberg
YouTube’s Covert AI Editing Experiment Won’t Be Its Last
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Mark Bergen tries to unblur YouTube’s new experiment of covertly editing videos.
SCMP
Chinese delivery giant Meituan releases AI model to take on Alibaba, DeepSeek
On-demand local services giant Meituan has become the latest Chinese Big Tech company to release an open-source large language model (LLM) to market, more than two years after it acquired mainland AI start-up Light Year for US$281 million.
Beijing-based Meituan, the long-standing leader of China’s food delivery market, on Monday released and open-sourced its own LLM, called LongCat-Flash-Chat, via artificial intelligence developer platforms Hugging Face and GitHub, as well as the model’s...
Bloomberg
LatAm Fintech Kapital Raises Funds at $1.3 Billion Value
Kapital, a Mexican financial services company, has raised $100 million at a valuation of about $1.3 billion to help build out its artificial intelligence capabilities.