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A Plexo Capital partner who owns Anthropic shares went on CNBC to defend a valuation that dwarfs every profitable public AI company, and the caveat he buried in his own argument may be the most important thing he said.

AMD just quietly acquired a tiny Canadian startup with a wild idea: build the chip around the AI model, not the other way around. Whether that unconventional bet can close the gap with Nvidia depends on a question nobody in the industry has answered yet.

Kailera Therapeutics raised one of the biggest obesity biotech IPOs in recent memory, then watched its stock drop nearly 30%. Now several of the world's largest drugmakers have a compelling reason to make a move before pivotal trial data arrives.

Ackman put new capital to work in the second quarter of the year.

The deal includes $260 million upfront and up to $150 million more tied to performance targets, with about 80% paid in stock

Investing.com -- ShengShu Technology, an artificial intelligence video platform backed by Alibaba Group Holding Ltd., is exploring a Hong Kong initial public offering that could raise more than $500 million, Bloomberg reported Tuesday.

FORT Robotics plans to go public through a business combination with Newbury Street II Acquisition (

The company says every month of court-ordered delay costs it roughly $7 million a day in ticking fees owed to Warner Bros. Discovery shareholders

ShengShu Technology, an artificial intelligence video platform backed by Alibaba Group Holding Ltd., is considering a Hong Kong initial public offering, according to people familiar with the matter.

SpaceX doesn’t waste any time developing rockets, launching satellites, or making big moves to build its AI business. The purchased company is essentially an AI software development tool. A user can tell Cursor to develop, say, a touch screen-based user interface.

A top market strategist just called out the biggest risk hiding inside Anthropic's upcoming IPO, and it has nothing to do with the quality of the company or its technology.

Paramount wants the states that are suing over the Warner Bros. Discovery deal to post a $1.9 billion bond. The states are scoffing at the idea.

Paramount Skydance on Monday asked the court presiding over the two lawsuits filed to block its merger with Warner Bros. Discovery to order plaintiffs to cover the losses of its merger delay.

The Claude maker just crossed a critical financial threshold

SpaceX has had a wild ride since the stock's initial public offering. Here's a way to profit from this volatile investment.

Fortinet stock has gained nearly 100% in 2026 amid artificial intelligence-related acquisitions aimed at building cloud platform.

Nvidia stock touched $227 a share Monday on news it's pouring $1.5 billion into this AI data center and energy player.

Fast-fashion retailer Shein Global Holdings Ltd. is targeting a valuation in the range of $26 billion to $27 billion in its initial public offering in Hong Kong, according to people familiar with the matter, a sharp drop from its peak value.

Fulcrum Therapeutics (NASDAQ:FULC) has entered into an all-stock merger agreement with privately held Slate Medicines, a migraine-focused biotechnology company, in a transaction expected to close in the fourth quarter of 2026, subject to stockholder approval and customary closing conditions. Alex S

The purchasing consortium acquired all outstanding class A common shares of Boralex at a price of C$37.25 ($26.88) per share in cash.

Stripe has finalized an agreement to acquire OpenRouter for more than $7 billion, according to a Bloomberg report published August 16, 2026. The acquisition, which follows initial reports of talks by the Wall Street Journal in July, marks a significant consolidation in the artificial intelligence infrastructure market. While a Stripe spokesperson told TechCrunch that the […]

The deal aims to boost SpaceX’s work on AI tools intended to streamline tasks, including software development.

While much of the conversation in the news cycles about Elon Musk today centers around Space Exploration Technologies Corp (NASDAQ:SPCX), EV giant Tesla Inc. (NASDAQ:TSLA) still remains an integral part of the billionaire’s business strategy. While Tesla has increasingly emphasized AI, autonomous driving and humanoid robots like Optimus, investor Ross Gerber, the co-founder of investment firm Gerber Kawasaki and one of the early backers of the company, has publicly voiced his criticism of the pi

Companies try to get deals done while regulators allow them. But are buyouts always a good idea?

AI coding startup Cursor is now officially a part of SpaceX.

Anthropic is pitching investors on a revenue number three years away to justify a $2 trillion IPO, and bankers are actually buying it. But the last three mega-IPOs tried the same logic, and every one of them handed early believers a painful lesson.

For investors who want to bet on a future rebound in the U.S. housing market, this homebuilder ETF could be a good buy today.

Oklo had a disastrous market debut. Investors who held on to their shares, however, have had the last laugh.

On Wednesday, Mark Ruffalo criticized Paramount Skydance Corp CEO David Ellison’s proposed Warner Bros. Discovery, Inc. takeover, throwing his support behind California Attorney General Rob Bonta as the $110 billion deal faces mounting pressure. Ruffalo Backs Bonta In Paramount-Warner Bros....

The second-largest acquisition of a venture-backed company on record is official. Cursor, the fast-growing agentic coding startup, is now a part of SpaceX after the space giant led by Elon Musk completed its $60 billion all-stock acquisition Friday. The deal pairs one of the fastest-growing startups with SpaceX’s vast—and expensive to run—infrastructure-centric xAI division. The latter has its sights set on improving its AI service offerings and is betting big on agentic coding to get there. “Cu