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OpenAI wraps $6.6 billion share sale at $500 billion valuation
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty ImagesOpenAI has finalized a secondary share sale…
Tokenization of assets is freight train coming to markets: Robinhood CEO
Vlad Tenev, chief executive officer of Robinhood Markets Inc., during the Token2049 conference in Singapore, on Thursday, Oct. 2, 2025. Bloomberg | Bloomberg | Getty ImagesThe tokenization of real-world assets, from stocks to real…
Visa crackdowns are blocking students’ study-abroad dreams, so India’s Leverage Edu is rerouting…
As visa crackdowns and diplomatic tensions block traditional study-abroad routes, India’s Leverage Edu is helping students reroute their dreams — from Canada to Germany, and from India to Nigeria and Saudi Arabia. That agility is paying…
Trump crypto firm plans expansion with tokenized commodities, debit cards
Donald Trump Jr., co-founder of World Liberty Financial, during at the Token2049 conference in Singapore, on Wednesday, Oct. 1, 2025. Bloomberg | Bloomberg | Getty ImagesSINGAPORE — World Liberty Financial, a crypto venture linked to…
OpenAI staff grapples with the company’s social media push
Several current and former OpenAI researchers are speaking out over the company’s first foray into social media: the Sora app, a TikTok-style feed filled with AI-generated videos and a lot of Sam Altman deepfakes. The researchers,…
Microsoft hikes price of top-tier Xbox Game Pass Ultimate by $10
A gamer plays soccer title Pro Evolution Soccer 2019 on an Xbox console.Sezgin Pancar | Anadolu Agency via Getty ImagesMicrosoft is raising the Xbox Game Pass Ultimate subscription price by 50% to $29.99 per month, effective immediately,…
New project makes Wikipedia data more accessible to AI
On Wednesday, Wikimedia Deutschland announced a new database that will make Wikipedia’s wealth of knowledge more accessible to AI models.
Called the Wikidata Embedding Project, the system applies a vector-based semantic search — a…
DoorDash launches delivery robot in push into autonomous technology
DoorDash launches autonomous delivery robot called Dot.Courtesy: DoorDashYour DoorDash deliverer could soon look a little different.DoorDash on Tuesday announced a robot, known as Dot, that navigates busy streets, parking lots and…
Palantir up 1,700% since NYSE debut five years ago. How it got there
People walk by a banner featuring the logo of Palantir Technologies (PLTR) at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020.Andrew Kelly |…
Former OpenAI and DeepMind researchers raise whopping $300M seed to automate science
Periodic Labs came out of stealth on Tuesday with a war chest of $300 million as a seed round, backed by a tech industry’s who’s who: Andreessen Horowitz, DST, Nvidia, Accel, Elad Gil, Jeff Dean, Eric Schmidt, and Jeff Bezos.
Period…
Firefly Aerospace stock tanks 24% after test rocket explosion
A model of the Firefly Aerospace Blue Ghost lander during the company's initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty ImagesFirefly Aerospace shares sank…
Notion Capital raises $130M growth fund to tackle Europe’s follow-on gap
The lack of growth capital in Europe is such a persisting issue that some early-stage firms have taken the matter into their own hands. London-headquartered firm Notion Capital is one of them.
In 2017, Notion Capital was one of the…
Taiwan should only produce half of America’s chips, says U.S. Commerce Chief
A logo of the Taiwan Semiconductor Manufacturing Company (TSMC) displayed on a smartphone screenVcg | Visual China Group | Getty ImagesThe Trump administration is pushing Taipei to shift investment and chip production to the U.S. so that…
EA going private in deal that will pay shareholders $210 a share
Electronic Arts said Monday that it has agreed to be acquired by the Public Investment Fund of Saudi Arabia, Silver Lake and Affinity Partners in an all-cash deal worth $55 billion.Shareholders of the company will receive $210 per share…
Anthropic launches Claude Sonnet 4.5, its best AI model for coding
On Monday, Anthropic launched a new frontier model called Claude Sonnet 4.5, which it claims to offer state-of-the-art performance on coding benchmarks. The company says Claude Sonnet 4.5 is capable of building “production-ready”…
Nvidia’s $100 billion OpenAI deal showcases its investment portfolio
Nvidia CEO Jensen Huang gestures as U.S. President Donald Trump (not pictured) delivers remarks during the "Winning the AI Race" Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | ReutersNvidia this week said it'll invest…
The AI services transformation may be harder than VCs think
Venture capitalists have convinced themselves they’ve found the next big investing edge: using AI to wring software-like margins out of traditionally labor-intensive services businesses. The strategy involves acquiring mature…
A look at OpenAI’s tangled web of dealmaking
OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | ReutersOpenAI CEO Sam Altman is everywhere.His artificial intelligence startup, now valued at…