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Speaking at the Bloomberg New Voices event in Miami on Friday, Bravo said the hype around AI ... Provide news feedback or report an error · Site...

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Shares of Moore Threads soared by more than 400% on its debut in Shanghai following its $1.1 billion listing.

China’s top securities regulator has pledged to widen foreign investors’ access to the mainland’s capital market while further lowering the fundraising threshold for technology firms, after a key indicator slumped nearly 4 per cent from a 10-year high in mid-November. Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), set out guidance for the equity and bond markets in an article published by the Communist Party mouthpiece People’s Daily on Friday, three weeks after he was...

In a rural pocket of northeastern Louisiana, Meta is building a $30 billion data center called Hyperion. The project highlights an opaque system of financing that's fueling fears of an AI bubble.

Harvey confirms a third enormous round of funding in 2025 that has skyrocketed its valuation. Again.

Meta Platforms CEO Mark Zuckerberg is expected to cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook. Executives were considering potential budget cuts as high as 30 per cent for the metaverse group next year, which includes the virtual worlds product Meta Horizon Worlds and its Quest virtual reality (VR) unit, according to people familiar with the talks, who asked not to be named while...

Phia is developing an AI-based search engine to help users find ... Provide news feedback or report an error · Site feedback: Take our Survey.

SoFi said it's selling $1.5 billion in stock after the company's market cap almost doubled this year.

Is the "year of efficiency" Mark Zuckerberg back at Meta Platforms?

eVTOL company Beta Technologies announced its first financial report since going public in November.

The company was founded in 2017 by Piotr Niedzwiedz. Bloomberg News has reached out to Niedzwiedz for comment about the OpenAI deal. Venture capital...

Kraken Technologies Ltd., a software platform that helps utilities manage the transition to cleaner energy, has kicked off a fresh funding round to raise about $500 million, according to people familiar with the matter.

China’s Nvidia challengers Moore Threads and MetaX are set for their hotly anticipated market debuts, driven by investor excitement over domestic demand for home-grown graphics processing units (GPUs) amid Beijing’s tech self-sufficiency drive. Beijing-based GPU maker Moore Threads, which was 4,000 times oversubscribed after launching its 8 billion yuan (US$1.13 billion) initial public offering (IPO) last week, will be listed on Shanghai’s Nasdaq-style Star Market on Friday, according to a...

In September, Verkada rolled out over 60 new AI features and platform updates, including tools like "AI-Powered Unified Timeline."

Anthropic, the AI startup behind the popular Claude chatbot, is reportedly in talks to launch one of the largest initial public offerings ever as 2025.

The deal is an aggressive move for Marvell to acquire complimentary technology to its semiconductor networking business.

Zafran Security, a startup created by a former cyber spy whose story helped inspire the Apple TV series "Tehran," has raised $60 million, the company told CNBC.

Vista Equity Partners-backed infrastructure software company LogicMonitor is acquiring the startup Catchpoint for more than $250 million in cash.

U.S.-based Luma AI is targeting 200 hires in the U.K. by early 2027 as a wave of North American tech companies eye European growth.

A Paris-based artificial intelligence voice startup called Gradium has spun out of a nonprofit research lab and raised $70 million in funding from a group of A-list investors, including former Google Chief Executive Officer Eric Schmidt and French telecom billionaire Xavier Niel.

SoftBank Group founder Masayoshi Son has downplayed his firm's decision to dump its Nvidia position, saying he "was crying" to sell the shares.

Nvidia has invested US$2 billion in chip design software maker Synopsys as part of an expanded multi-year tie-up to jointly develop new tools for designing products across industries using its AI technology. The deal, unveiled by the companies on Monday, comes as Nvidia has carried out a range of investments, such as those in OpenAI and Anthropic, to try to cement its dominance in the artificial intelligence market. The Synopsys deal is about shifting the work of several hi-tech industries that...

OpenAI will embed engineering, research and product teams within Thrive Holding's companies.

OpenAI is taking an ownership stake in Thrive Holdings, an investment vehicle set up earlier this year by Thrive Capital, adding to a growing list of circular deals involving the ChatGPT maker and its backers.

Many companies are trying to replace wealth advisers with artificial intelligence, but Mark Swan’s bet is that humans are here to stay.

SoftBank Group Corp. founder Masayoshi Son said he wouldn’t have sold off Nvidia Corp. shares if his company had unlimited money to bankroll its next investments in artificial intelligence, which include a big bet on OpenAI.

Temasek Holdings Pte-backed Atomberg Technologies Pvt. is weighing an initial public offering in Mumbai that may raise around $200 million, according to people familiar with the matter.

As AI companies pour hundreds of billions of dollars into data centers, concerns grow that the industry is inflating a financial bubble that could harm the economy.

Meesho Ltd., which became an India e-commerce heavyweight by selling Temu-like low-priced offerings, plans to deploy some of the proceeds from its $606 million initial public listing to penetrate smaller towns in the world’s biggest consumer market.