OpenAI targets $30 billion in new funding round ahead of potential IPO
The raise would be among the largest private funding rounds ever and comes as the company prepares for a public listing.
Bloomberg.com · +13 outlets
US charges California man with smuggling $300M of Nvidia AI chips to China
The case adds to scrutiny of how restricted Nvidia chips keep reaching China despite US export controls.
Bloomberg · +8 outlets
Rising Yields Are Wreaking Havoc on Stocks Outside the AI Trade
Bloomberg · +12 outlets
Google faces $3.2 billion in damages claims over ad-tech monopoly
A New York federal judge let publishers including USA Today and the Daily Mail pursue damages tied to Google's ad-tech conduct.
Bloomberg · +11 outlets
Traders cut October Fed rate-hike bets after cooler PCE inflation data
Softer core PCE inflation and firm consumer spending shifted expectations for the Fed's next move.
Reuters · +12 outlets
Anthropic plans pre-IPO investor day on October 14 as listing nears
The AI developer is courting prospective investors ahead of a potential blockbuster listing amid scrutiny of AI safety.
Bloomberg · +8 outlets
FTC probes OpenAI and Anthropic over product safety concerns
The inquiry signals growing US regulatory attention to consumer protection issues at leading AI developers.
New York Post · +13 outlets
Amazon explores moving $8 billion of Nvidia chips off its balance sheet, FT says
The reported deal would shift top-end AI chips off Amazon's books as scrutiny of AI infrastructure financing grows.
Bloomberg · +7 outlets
Judge dismisses Chegg and Penske antitrust suits over Google AI Overviews
The ruling is an early legal win for Google as publishers test claims that AI search features divert their traffic.
The Verge · +13 outlets
NYC becomes first US city to ban hard-to-cancel subscriptions
The city's click-to-cancel rule requires businesses to make ending recurring subscriptions as easy as starting them.
The Verge · +14 outlets
Blue Origin's first outside funding round is oversubscribed and not yet closed, CEO says
The raise marks a shift for the Jeff Bezos-backed space company, which had previously funded itself.
CNBC · +12 outlets
Paramount dealmaker says Warner merger is about growth, not cuts
The comments address investor concerns about cost reductions in the proposed media combination.
Bloomberg.com · +10 outlets
SpaceX launches four astronauts to ISS on retiring Dragon capsule
The mission comes as questions persist about SpaceX's future human spaceflight plans.
Bloomberg · +14 outlets
GCash owner Mynt prices record Philippine IPO of nearly $1 billion
The listing could revive a lackluster Philippine stock market and ranks as the country's largest IPO.
Bloomberg · +14 outlets
Ken Griffin pledges $3 billion to Carnegie Mellon in 'historic' gift
The Citadel founder's donation is among the largest ever to a US university.
CNBC · +14 outlets
Microsoft Office and Teams chief Ryan Roslansky is leaving the company
The departure follows a series of leadership changes across Microsoft's productivity and LinkedIn units.
The Verge · +14 outlets
Microsoft's Copilot push includes an OS for work and Notepad integration, report says
CEO Satya Nadella outlined the AI strategy directly to key enterprise customers at a private event.
The Verge
Stripe expands Dublin hiring, helping offset AI-related job losses
The payments company's growth is a boost to a city hit by a wave of AI-driven layoffs.
Bloomberg