The acquisition comes months after OpenRouter raised money at a reported $1.3 billion valuation, marking a major consolidation in the AI infrastructure space.

The S&P 500 surpassed Wall Street median targets as cooling inflation data and surging AI-related stocks drove the market to new all-time highs.

President Trump claims joint exercises send a hostile message to North Korea, while also stating Seoul declined to help on Iran.

The data reinforces concerns about the world's second-largest economy, which faces a deepening supply-demand imbalance.

Shipping traffic sank to a new low as a ceasefire between the U.S. and Iran is set to expire Monday with no deal in sight.

Investors are parsing mixed signals from the Fed as economists warn of market volatility, with Goldman Sachs saying the Fed will not raise rates in September.

The Anthropic CEO acknowledged AI companies have overpromised and undersold, and said the way for AI to win over the public is to deliver tangible benefits like

The controversial founder has been ousted as CEO of the mortgage lender, years after his mass layoff drew widespread backlash.

As Anthropic prepares for a possible public listing, the role of the CEO's spouse as a key adviser is drawing attention.

The layoffs come despite a strong earnings report from parent company Live Nation, surprising industry observers.

FT analysis shows signals of stress in the private credit market are back to levels last seen in 2017.

Wall Street giants see cloud businesses surging as AI investments start yielding returns, prompting fresh price target upgrades.

Japan's economy grew at half the expected pace, adding to concerns about global economic momentum.

German firms are reducing their American exposure amid geopolitical and economic uncertainty.

Japanese car makers face dual pressures from the Iran conflict disrupting supply chains and a strengthening yen hurting exports.

The auction of Ferrari's first fully electric car came nearly three months after its unveiling, with the Luce fetching a premium as a collector's item.

The limited-edition V12 hybrid produces over 1,050 horsepower and carries a starting price of $741,172.

Active fund managers continue to struggle to beat their benchmarks in the current market environment.