xAI recently secured $10 billion, split evenly between a $5 billion equity raise and a $5 billion debt package arranged by Morgan Stanley. That round took its meteoric valuation to $113 billion, ...

US Senate pushes toward aid, public broadcasting cuts sought by Trump The U.S. Senate on Wednesday moved toward approval of President Donald Trump's plan for billions of dollars in cuts to funding for ...

Goldman Sachs' second-quarter profit exceeded Wall Street expectations, as turbulent markets lifted revenue from its equities ...

Nvidia chief executive Jensen Huang says China’s fast‑growing open‑source AI market is helping drive the worldwide boom in the technology and that his company is ready to ship fresh supplies of the ...

The head of Nvidia downplayed his role in getting the U.S. government to lift a ban on selling an advanced computer chip in ...

Former OpenAI CTO Mira Murati's new venture, called Thinking Machines Lab, has raised a record-breaking $2 billion in seed funding at a $12 billion valuation. The round was led by Andreessen Horowitz, ...