Anthropic Walks Away From $6 Billion Acquisition of AI Startup Decart
Anthropic has reportedly abandoned plans to acquire AI startup Decart for about $6 billion after completing due diligence, although the reason behind its decision remains unclear.
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Bloom Energy Jumps 7% After Joining S&P 500 Alongside Illumina and Everpure
Bloom Energy shares jumped more than 7% after S&P Dow Jones Indices announced the company will join the S&P 500 alongside Illumina and Everpure in its...
Norway’s $2.3 Trillion Wealth Fund Plans to Cut U.S. Treasury Exposure
Norway's $2.3 trillion sovereign wealth fund is preparing to reduce its exposure to government bonds, including U.S. Treasuries, as it seeks broader diversification and potentially higher...
Anthropic Expands Credit Facility to $15 Billion Ahead of Expected IPO
Anthropic is finalizing a $15 billion revolving credit facility, clearing another major hurdle before the AI company formally files for its highly anticipated IPO.
OpenAI Launches GPT-6 Astra With Breakthrough Cybersecurity and Computer-Use Capabilities
OpenAI has launched GPT-6 Astra, its most capable model yet, with major advances in computer use, coding, science and cybersecurity, including the ability to discover previously...
Nvidia to Acquire Hugging Face for $12.9 Billion in Major Open AI Bet
Nvidia has agreed to acquire Hugging Face for $12.9 billion, giving the chip giant control of one of the world's most important platforms for open AI...
GoPro Stock Surges 37% After $285 Million Merger Deal
GoPro shares surged 37% after the action-camera maker announced a $285 million merger that will recapitalize the company and expand its business into AI data centers...
Apple’s New CEO John Ternus Gets $58 Million Pay Package, Topping Tim Cook
Apple has set new CEO John Ternus' target annual compensation at $58 million, putting his pay package above the $47 million awarded to former CEO and...
SEC Prepares U.S. Stock Market for 24/7 Trading and Blockchain-Based Securities
The SEC is preparing for a potential shift toward round-the-clock U.S. stock trading while proposing major rule changes designed to accommodate blockchain and tokenized securities.