SoftBank Group CEO Masayoshi Son is looking to raise up to $100 billion from Gulf investors to finance his AI investments, The Financial Times reported. Son has held fundraising discussions in recent ...

Firmus Grid, an AI cloud company backed by Nvidia, has pulled what would have been Australia’s biggest initial public offering in almost 30 years. The Sydney-based company had planned to raise nearly ...

The perpetrator of a recent hack of South Korean financial institutions that resulted in data leaks used an open-source Chinese AI agent called Artex and Chinese large language models, according to a ...

Anthropic said Thursday it is launching new programs to support cybersecurity for critical infrastructure and open-source software. In a blog post, Anthropic said it would offer threat research, ...

Semiconductor M&A has been humming. One of the next deals could be for Eliyan, whose technology allows separate chips inside ...

The quasi-revenue numbers for OpenAI that got wide circulation last week were off— way off. Instead of $70 billion in ...

Matrix, a seven-year-old developer of server chips for AI that aims to compete with Nvidia, according to three people with knowledge of the deal. The planned investment is part of Nvidia’s effort to ...

SpaceX plans to compete with major US wireless carriers like Verizon and AT&T. The company announced on Thursday that it plans to acquire a nationwide portfolio of low-band wireless spectrum and that ...

OpenAI recently told investors that its annualized revenue was approaching $50 billion at the end of September, according to a person with knowledge of the communications. That’s around $20 billion ...

Alphabet’s Waymo on Thursday announced that it closed a $5 billion term loan in the self-driving rideshare company’s inaugural debt financing round. Neither Alphabet nor other equity partners provided ...

The three safety researchers whom OpenAI fired last week challenged OpenAI’s decision, saying on Thursday they were punished for raising safety concerns. “I believe we were fired for prioritizing ...

The investing frenzy in data centers that the AI boom sparked has created a bargain-hunting opportunity—in everything but AI assets.AI has pulled investors’ attention away from unglamorous assets in ...