Business
Anthropic's prospectus details losses, growth, and, yes, a warning that its AI could end humanity
In its prospectus, Anthropic just told investors it's losing tens of billions of dollars a…
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Business
AMD will acquire Fei-Fei Li's World Labs for $8.2 billion
The acquisition will see World Labs founder Fei-Fei Li join AMD as executive vice…
Business
McDonald’s is spending billions to make major changes
McDonald’s is spending billions of dollars to boost its franchises, an effort to cement…
Business
Elizabeth Holmes to Be Moved From Prison to Halfway House in 2027
Disgraced Theranos founder will be placed in an Austin-area facility in August 2027 as she…
Business
Thousands of planned launches, terms of deal, worry some near Louisiana SpaceX site
State officials say the new SpaceX site will be a $100 billion investment and launch…
Sports
Bills Mafia Steals the Show in $2.2B Highmark Stadium Debut
The famed Bills Mafia made its presence felt as the NFL team opened the $2.2 billion…
Business
Amazon gives its workers a raise of $1 per hour
Amazon's investment in these raises comes out to over $1.5 billion, or about 0.06% of its…
Business
Trump administration spent $9.5 billion last year on employee leave, driven by DOGE-era cuts
The Trump administration spent $9.5 billion last year on paid administrative leave as it…
Business
Justice Department Sides With Paramount on $1.88 Billion Bond Demand
The government stressed that it concluded in its investigation that the merger won't…
Business
Nike co-founder Phil Knight donates $1.1B to Oregon medical center
The gift to Providence St. Vincent Medical Center will support the creation of an…
Business
Knight family gives $1.1 billion to Providence St. Vincent
Phil and Penny Knight’s largest gift to Providence will create a new women’s hospital at…
Business
Oracle’s AI transformation gets more expensive as layoffs continue
Oracle has raised its expected restructuring costs by $700 million to approximately $2.8…
Business
Larry Ellison cancels $7.5 billion sale of Oracle stock
Oracle had previously disclosed that Ellison planned to sell 50 million shares worth…
Business
A 615-megawatt reactor lost its cooling towers, its transformer and its power lines to a teardown crew, so rebuilding all three to get it on the grid by early 2029 takes up to $1.9 billion in federal
Restarting a dead nuclear plant gets pitched as the cheap way to add power to the grid,…
Politics
Taxes wouldn’t fund $5,000 Trump ‘dividend’ if Republicans win midterms, says commerce secretary
Lutnick said $500bn of estimated $1tn needed to fund checks to all US adults could come…
Business
Stoke Space raises another billion to rival SpaceX at re-flying rockets
Stoke has "completed the initial closing" of a $1B Series E round intended to help it…
Business
Billionaire Lululemon founder Chip Wilson's no-prenup divorce could cost him painful 50-50 split
Lululemon founder Chip Wilson’s $6.1 billion fortune could take a big hit in his no-prenup…
Business
OpenAI's ~$1 Billion GPT-6 Astra Heralds The Age Of AGI, According To NVIDIA's Jensen Huang, Yet Anthropic's Fable 5.1 Still Beats It On SWE-Bench Pro And Coding Benchmarks
OpenAI trained GPT-6 Astra on a 100,000-GPU cluster at Stargate Abilene — the new run…
Business
Lululemon billionaire founder Chip Wilson files for divorce after 20 years of marriage
Chip Wilson, who is Lululemon Athletica's second-largest shareholder, owning 9.6% of…
Business
Dutch central bank shifts billions in gold from US to Britain in ‘crisis preparedness’ move
The Dutch central bank announced Wednesday that it has moved billions of dollars worth of…
Business
Wonderful raises $550 million at $5 billion valuation just six months after $2 billio
The Israeli enterprise AI startup has now raised more than $800 million since its founding…
Business
FTC alleges Amazon illegally made $20 billion by rigging billions of ad auctions
FTC says firm replaces actual ad-auction results "with higher prices set by Amazon."
Business
Paramount Trying To Pull Fast One With Bond Request In Trial, AGs Say
David Ellison says he should get a nearly $2B bond because of the costs the ParaBros…
Business
GM union deal would invest $791.3M in Canadian auto factories amid US tariff pressure
General Motors plans to assemble a heavy-duty pickup at an Ontario plant as part of a…