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CNBC
Tech stocks wrap big losing week as AI names get rocked after Nvidia earnings
Investors had looked to Nvidia's earnings report to settle fears that the AI bubble is on increasingly shaky ground.
CNBC
Global investors battle between long- and short-term wins amid Nvidia volatility
The market is "quite confused" over the dramatic rally and reversal, one fund manager said.
CNBC
SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip shares
Asian chip stocks fell in early trading, tracking Nvidia's losses in the U.S., despite the American AI chip darling posting strong third-quarter earnings.
SCMP
Co-founder of EV battery giant CATL pockets US$239 million from 1% stake sale
Huang Shilin, co-founder of Contemporary Amperex Technology (CATL) and its third-largest shareholder, has cashed in on a rally in the Chinese electric vehicle (EV) battery giant’s shares, selling a 1 per cent stake worth 1.7 billion yuan (US$239 million).
The engineer-turned-entrepreneur agreed to offload 45.6 million yuan-denominated A shares to 16 corporate and institutional investors at 376.12 yuan apiece, according to a filing by CATL to the Shenzhen Stock Exchange. The billionaire still...
Bloomberg
Robotics Startup Physical Intelligence Valued at $5.6 Billion in New Funding
Physical Intelligence, a startup developing artificial intelligence software to help robots learn a wide range of tasks, has raised $600 million in a new round of funding that values the company at $5.6 billion, according to people with knowledge of the matter.Alphabet Inc.’s independent growth fund CapitalG led the round, with participation from existing investors Lux Capital, Thrive Capital and Amazon.com Inc. founder Jeff Bezos, said the people, who asked not to be identified discussing priva
Bloomberg
Prediction Markets Go From Fringe to Frenzy as Wall Street, Silicon Valley Pile In
The intimate meal, 60 floors above New York’s financial district, brought together a pillar of the Wall Street establishment and a young crypto upstart.
Bloomberg
TCS Gets $1 Billion from TPG to Build Indian AI Data Centers
Tata Consultancy Services Ltd. secured $1 billion from TPG Inc. to speed its push into artificial intelligence data centers, underscoring the outsourcer’s bid to gain ground in one of technology’s fastest-growing arenas.
CNBC
Kraken confidentially files for IPO following $800 million raise
Kraken confidentially filed with federal regulators to go public in the U.S. after recently raising $800 million at a $20 billion valuation.
CNBC
Luma AI raises $900 million in funding round led by Saudi AI firm Humain
Luma AI, a video startup, has raised a $900 million funding round led by Saudi AI company Humain to to build a supercluster in Saudi Arabia.
PYMNTS.com
JPMorgan Vice Chair Daniel Pinto Says 'Correction' Coming for AI Valuations
... AI Startup · Crypto Downturn Erases $1.2 Trillion From Market. See More In: artificial intelligence, funding, Investments, jpmorgan, News, PYMNTS News...
Bloomberg
Saudi’s Humain Backs AI Video Startup Luma at $4 Billion Value
Six months ago, Saudi Arabia unveiled a new artificial intelligence firm called Humain that promised to wield the kingdom’s immense resources and become a powerhouse investor in the AI sector. Now, Humain is officially disclosing its first startup investment.
Bloomberg
RapidSOS Tops $1 Billion Value With Apax Digital Investment
Emergency services company RapidSOS raised $100 million in a deal led by Apax Digital Funds to help it expand, including internationally.
SCMP
Alibaba founder Jack Ma visits Ant Group as fintech giant ramps up AI efforts
Alibaba Group Holding founder Jack Ma on Tuesday made a low-key visit to the Hangzhou campus of Ant Group that coincided with the Chinese fintech giant’s launch of LingGuang, a next-generation multimodal artificial intelligence assistant.
Ma, who had relinquished his control of the fintech company and resigned from all corporate roles at Alibaba, was seen accompanied by Ant Group chairman Eric Jing Xiandong and CEO Cyril Han Xinyi during his tour of the campus. Ant Group is an affiliate of...
CNBC
CNBC Daily Open: AI firms are getting money while their stocks are losing value
Money from technology companies keeps flowing into their compatriots, while money from investors are leaving technology stocks.
CNBC
‘Slow down, hyperscalers’: For the first time in 20 years, investors say companies are overinvesting, Bank of America says
Bank of America’s Global Fund Manager Survey found concerns about an AI bubble are mounting.
TechCrunch
a16z leads $21M Series A into AI-native tax compliance software Sphere | TechCrunch
Newsletters. See More. Subscribe for the industry's biggest tech news. TechCrunch Daily News. Every weekday and Sunday, you can get the best of...
Bloomberg
Algebris CEO Warns of ‘Significant’ Correction for Big AI Stocks
Algebris Investments’ founder and chief executive officer warned investors to reduce allocation to the world’s top technology companies as he made a bearish case for AI.
SCMP
‘Too early to leave the party’: fund managers say AI stock boom still has room to run
The ambitious spending plans of artificial intelligence developers coupled with rapid user adoption indicate the global rally in their stocks will persist despite bubble concerns, fund managers at Fidelity International and Allianz Global Investors said.
The recent downturn in global semiconductor stocks, ahead of Nvidia’s closely watched earnings later this week, was likely to be temporary, according to Joseph Zhang, portfolio manager at Fidelity International.
Unless AI capital spending or...
SCMP
Microsoft, Nvidia to invest up to US$15 billion in Anthropic in AI deal
Microsoft and Nvidia plan to invest in Anthropic under a new tie-up that includes a US$30 billion commitment by the Claude maker to use Microsoft’s cloud services, the latest high-profile deal binding together major players in the artificial intelligence industry.
Nvidia would commit up to US$10 billion to Anthropic and Microsoft up to US$5 billion, the companies said on Tuesday, without sharing more details. A person familiar with the matter said both companies had committed to investing in...
CNBC
CNBC Daily Open: The flow of money in AI appears one-way at this point
Money from technology companies keeps flowing into their compatriots, while money from investors are leaving technology stocks.
Bloomberg.com
US Plans to Approve Sale of Chips to Saudi AI Venture Humain - Bloomberg.com
Amin told Bloomberg News last month that Humain was waiting for export permits involving chips from Nvidia, AMD, Qualcomm Inc. and California-based...
CNBC
Anthropic valued in range of $350 billion following investment deal with Microsoft, Nvidia
Microsoft announced new strategic partnerships with Nvidia and the AI startup Anthropic.
CNBC
Global stocks sell off as AI valuation concerns persist ahead of Nvidia earnings
Experts told CNBC it's a healthy correction, fueled by a unclear outlook 2026.
Bloomberg
Microsoft, Nvidia to Invest Up to $15 Billion in Anthropic
Microsoft Corp. and Nvidia Corp. are committing to invest up to a combined $15 billion in Anthropic PBC, in a move that ties the AI developer closer to two of the biggest backers for its rival OpenAI.
Bloomberg
German Quantum Computing Supplier Raith Weighs €1 Billion Sale
The private equity owner behind Raith, a German nano-technology supplier to critical tech sectors such as quantum computing, is exploring a sale of the business that could be valued at around €1 billion ($1.2 billion) in a deal, according to people familiar with the matter.
Bloomberg
Aerospace Startup Ursa Major Valued at $600 Million With New Funding
Aerospace and defense tech startup Ursa Major Technologies Inc. landed a $600 million valuation in a new funding round, the latest sign that investors are eager to back companies developing new rocket technology.
CNBC
Global stocks sell-off as AI valuation concerns persist ahead of Nvidia earnings
Experts told CNBC it's a healthy correction, fueled by a unclear outlook 2026.
TechCrunch
Sakana AI raises $135M Series B at a $2.65B valuation to continue building AI models for Japan
Bone AI raises $12M to challenge Asia's defense giants with AI ... TechCrunch Mobility is your destination for transportation news and insight.
CNBC
Investors hope these three trades will weather a tech stock downturn
Strategists are eyeing several portfolio diversifiers amid fears of tech stock reversal.
SCMP
Growth in China’s tech stocks just getting started: JPMorgan banker
The recovery of China’s tech stocks from their trough is still at an early stage, as the country’s emergence as an artificial intelligence superpower reshapes global platforms and lures Western capital back, according to a senior investment banker at JPMorgan.
As Chinese entrepreneurs expanded their businesses globally and deepened their involvement in AI, their companies and fundraising plans were once again drawing the attention of international investors after years of stagnation, said Mark...