After China’s crackdown on his sprawling finance and e-commerce empire, billionaire Alibaba founder Jack Ma sought to win back the government’s favor. One way was to write a letter to China’s ...
Italian conglomerate Bending Spoons, which has acquired a string of aging U.S. internet businesses including AOL, Eventbrite, Evernote and Vimeo, filed to go public in the U.S. to give it the funds to ...
Stock-trading app Robinhood will raise over $2 billion in its Thursday initial public offering after pricing its shares at $38 apiece, the low end of the Menlo Park-based company’s price range, ...
The Trump administration has opened the door for entrepreneurs to start new banks in the U.S., many funded by venture capital ...
Anthropic announced the creation of a new fund that will get at least 5% of its shares and support public-benefit causes such as addressing the employment impact of AI. The Anthropic Public Benefit ...
Gopuff, a startup that offers grocery and convenience-item delivery for 30 minutes or fewer, is raising $1.5 billion in a convertible note which would convert into equity at the lower of either an IPO ...
When Abhi Yadav, co-founder of the Cambridge-based AI Innovators Community forum, was preparing a June summit for artificial ...
OpenAI said on Tuesday that it was adding two new members to its board of directors, Nubank CEO David Vélez and Bank of New York Mellon CEO Robin Vince. “David and Robin are exceptional leaders who ...
Nvidia is in advanced talks to invest in PsiQuantum, a quantum computing startup, The Information reported on Sunday. The talks come as PsiQuantum is in the process of raising at least $750 million in ...
Microsoft has pulled out of a planned U.K. data center Nscale was building for it, an Nscale spokesperson said, after the cloud provider faced delays accessing power to bring the site online. The ...
Deep Nishar, SoftBank Vision Fund’s senior managing partner, said he will leave the company at the end of this year. Nishar, a former LinkedIn executive who joined SoftBank in 2015, has worked on ...
How many young AI cloud providers can the market, and Nvidia, support?That’s one of the big questions after a week in which investors worried about the data center buildout and the risks that its ...
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