OpenAI has lowered the amount of capital it is seeking from investors in its latest fundraising round by $10 billion, according to a Friday report by The Financial Times. The company was initially ...

S&P Global Ratings lowered its credit rating outlook on Meta Platforms to negative from stable, saying the company’s ability to monetize its fast-rising AI investments is “more limited than that of ...

Chinese AI star DeepSeek’s nearly $16 billion funding round this month involved not only a deluge of capital but a who’s who ...

Amazon disclosed a new up to $80 billion loan facility to purchase technology infrastructure assets in its third quarter results filing. Amazon can borrow from the facility between the first quarter ...

Binance, the world’s largest crypto exchange, said it was hit by a complex attack that affected an estimated $6.3 billion fund, the largest crypto hack ever in history. The company said it will cover ...

London-based Hopin bought two more video streaming businesses as the virtual events start-up spends some of the hundreds of millions of VC-funding it’s raised. The company, which stages online events ...

Bullish, a crypto exchange led by former New York Stock Exchange President Thomas Farley, announced Monday it has acquired the crypto news outlet CoinDesk for an undisclosed amount from parent company ...

Over the past year, politicians and AI executives have floated ideas for a sovereign wealth fund or other ways of giving the ...

U.S. stocks dropped sharply Friday as disappointing quarterly results from Amazon and Intel intensified the tech selloff of the past two days. The Nasdaq Composite dropped almost 3%, while the S&P 500 ...

OpenAI’s GPT-6 Astra, the most powerful model the company has released, has met with strong demand since its release in early ...

China’s plans to roll out the next-generation 5G telecom networks are now facing possible delays due to the coronavirus outbreak, with tenders for major 5G projects getting postponed, Reuters reported ...

Nvidia is in talks to provide Nscale, a young AI cloud provider, with billions of dollars in credit guarantees for debt to ...