By Jeffrey Dastin VANCOUVER (Reuters) – Former OpenAI chief scientist Ilya Sutskever, one of the biggest names in artificial intelligence,…
MicroStrategy secures Nasdaq-100 inclusion after bitcoin-fueled stock surge
(Reuters) -MicroStrategy will be added to the tech-heavy Nasdaq-100 Index, the exchange operator said on Friday, following a meteoric surge…
Goldman Sachs granted licence for China fund sales
By Selena Li HONG KONG (Reuters) – Goldman Sachs received regulatory approval to sell funds in China, the latest U.S.…
Liquid AI closes $250 million early-stage funding round led by AMD
(Reuters) – Generative artificial intelligence startup Liquid AI said on Friday that it had closed a $250 million early-stage funding…
Exclusive-Databricks nears record $9.5 billion VC raise, eyes extra $4.5 billion debt
By Krystal Hu, Kenrick Cai and Echo Wang (Reuters) – Software firm Databricks is nearing a deal that could become…
US grid-scale energy storage sees record installations, deployments in Q3
(Reuters) – U.S. energy storage market saw record growth in the third quarter with 3,806 megawatts (MW) worth installations and…
Archer Aviation raises $430 million through equity offering, partners with Anduril
By Anshuman Tripathy (Reuters) -Air-taxi maker Archer Aviation said on Thursday it has raised $430 million in fresh capital, part…
Adobe falls as annual revenue forecast triggers concerns on delayed AI returns
By Siddarth S (Reuters) -Shares of Adobe fell nearly 12% on Thursday after the Photoshop maker’s downbeat full-year revenue forecast…
Stifel expects S&P 500 to peak in early 2025 before falling
(Reuters) – Stifel expects the S&P 500 index to peak in the first half of 2025, then fall 10% to…
Intel executives say a manufacturing spinoff is possible
By Stephen Nellis and Arsheeya Bajwa (Reuters) -The two executives leading Intel after the ouster of its chief executive conceded…