Venture capital investment in crypto and blockchain companies rebounded 31% to $5.68 billion in the second quarter, with later-stage companies capturing nearly four-fifths of all capital deployed.
Novo Nordisk is partnering with Anthropic to deploy Claude Science and frontier AI models across drug discovery and software development as the pharmaceutical giant seeks to accelerate the creation of new medicines.
X has launched a U.S. Cashtag Program that connects stock and cryptocurrency tickers with price charts, market discussions and trading links through participating brokerages and crypto exchanges.
SK Hynix is reportedly exploring U.S. memory manufacturing with Intel, including a possible Ohio lease or joint venture. The talks remain preliminary, with no agreement announced.
Elon Musk says he is living in an Airstream trailer at xAI’s Memphis data center site as the billionaire personally oversees one of the AI company’s biggest infrastructure expansions.
Unitree Robotics has lost roughly $30 billion in market value after its spectacular Shanghai debut, prompting concerns that Chinese regulators could tighten scrutiny of humanoid robot companies seeking IPOs.
Boston Dynamics is unlikely to pursue an IPO in 2027 as Hyundai’s robotics subsidiary remains unprofitable and has yet to deploy its flagship Atlas humanoid robots at scale.
Wall Street is overwhelmingly preparing for the Federal Reserve to raise interest rates in September, with 19 of 22 major forecasters expecting a hike as persistent inflation reshapes the U.S. monetary policy outlook.
OpenAI is in early discussions with major investors about a new funding round that could value the ChatGPT maker at roughly $1.2 trillion, just months after its record $122 billion raise.
ByteDance has secured a $29.6 billion loan from 28 banks as the TikTok owner ramps up spending on AI infrastructure, chips and data centers in its race with global AI leaders.
Anthropic is telling investors it has generated positive adjusted operating income for a second consecutive quarter, but the metric excludes major expenses including AI model training and stock-based compensation.
OpenAI CEO Sam Altman says the company will not go public in 2026, arguing that unresolved AI safety and alignment challenges must take priority over a potential blockbuster IPO.
Gen Z entrepreneur Emil Barr says sacrificing sleep, weekends and social life helped him become a multimillionaire by 23, arguing that young people should prioritize building wealth before pursuing work-life balance.
Nvidia is in talks to invest as much as $10 billion in Anthropic’s upcoming IPO as the Claude developer seeks to raise up to $100 billion at a valuation of around $2 trillion.
Micron is awarding its largest employee payouts in company history, with workers in Taiwan receiving rewards worth as much as 68 months of base pay after an extraordinary year for the memory chipmaker.