Where to Invest As Markets Rally on Strait of Hormuz Reopening
The stock market was in party mode on Friday after Iran announced the Strait of Hormuz was open…
VCs Are Flooding Anthropic With Offers to Invest at up to $800 Billion
Anthropic has fielded multiple offers from VCs valuing the startup behind Claude at as much as $800 billion…
OpenAI Share Demand Drops on Secondary Market as Anthropic Gets Investors
OpenAI shares have fallen out of favor on the secondary market — in some cases becoming almost impossible…
Why AI startups are selling the same equity at two different prices
As competition among AI startups heats up, founders and VCs are turning to novel valuation mechanisms to manufacture…
“Mere paas metric hai”: The valuation story most startups sell
Remember the iconic dialog from the 1975 classic Deewar? “Mere paas Ma hai”: Ravi, played by Shashi Kapoor,…
AI Startup Recursive in Funding Talks at $4 Billion Valuation
Famed artificial intelligence researcher Richard Socher is in talks to raise hundreds of millions of dollars for a…
Strategy’s Dollar Reserve Fails to Soothe Bitcoin-Sales Concern
Strategy Inc. said it had created a $1.4 billion reserve to fund future dividend and interest payments, in…
Alibaba’s (BABA) Main AI App Qwen Draws 10 Million Downloads in Strong Debut
Alibaba Group Holding Ltd.’s Qwen app drew more than 10 million downloads in the week after its relaunch,…
Stock Market Crash: Famed Economist Warns of ‘Gigantic Price Bubble’
David Rosenberg isn’t always right. The founder of Rosenberg Research, who rose to fame after calling the 2008…
Palantir’s Miserable Week Mints Billions for Struggling Shorts
Palantir Technologies Inc.’s six-session stock-market losing streak has wiped out $73 billion in market value, handing a rare…