MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s Bitcoin buying spree as market behemoths Amazon.com Inc. and Alphabet Inc. have outstanding.
Alphabet Inc.’s Google is backing artificial intelligence developer Anthropic with a further $1 billion, building its stake in one of the most promising rivals to OpenAI.
Bank of Montreal is stepping into a booming product category that offers exposure to popular global stocks while hedging against currency volatility, becoming the second Canadian bank to do so.
Employer.com founder Jesse Tinsley says his U.S. investor group vying to buy TikTok has secured more than $20B and has recruited the CEOs of
The billionaire Ambani family won the bidding battle for a stake in the Oval Invincibles cricket team in London, after interest from private equity firms and Silicon Valley executives. Most Read from
Nvidia shares fell as much as 6.9% in New York after Bloomberg reported the news, extending a rocky week for the chipmaker.
KEY TAKEAWAYS OpenAI said Wednesday that it is probing whether Chinese artificial intelligence startup DeepSeek improperly used its data to launch the low-cost model that spooked markets Monday.The comment by OpenAI follows a Bloomberg report that both OpenAI and its biggest backer Microsoft are investigating DeepSeek's model.
Wednesday afternoon was already expected to be eventful for the stock market, with the Federal Reserve releasing its decision on interest rates and Chair Jerome Powell holding his regular post-meeting press conference.
Microsoft Corp. and OpenAI are investigating whether data output from OpenAI’s technology was obtained by a group linked to DeepSeek in an unauthorized manner, reported the news agency, Bloomberg.
The billionaire Ambani family won the bidding battle for a stake in the Oval Invincibles cricket team in London, after interest from private equity firms and Silicon Valley executives.
Companies and government agencies around the world are moving to restrict their employees’ access to the tools recently released by the Chinese artificial-intelligence startup DeepSeek, according to the cybersecurity firms hired to help protect their systems.
Nvidia shares tumbled Wednesday, dashing hopes for a quick recovery from losses earlier in the week amid concerns about the competitiveness of American AI firms and their spending on the emerging technology.