BusinessBerkshire Hathaway Commits Billions to Alphabet as Part of $80B AI FundraiseGreg Abel, who succeeded Warren Buffett as Berkshire Hathaway CEO in January, authorized $16.8 billion in equity commitments over two days, including $10 billion invested into Alphabet via a private placement.2 min read
BusinessAlphabet launches $80B equity raise with Berkshire Hathaway investing $10BAlphabet announced an $80 billion equity offering to fund expansion of its costly AI infrastructure, including a $10 billion private purchase by Berkshire Hathaway.2 min read
BusinessAnthropic files IPO paperwork with SEC as valuation heads toward trillion-dollar rangeAnthropic has submitted preliminary registration documents to the U.S.3 min read
BusinessHPE’s AI-driven servers lift profit and revenue, shares surge 30%Hewlett Packard Enterprise reported second-quarter results that beat expectations on both profit and revenue, driven by a surge in AI-related infrastructure sales.2 min read
BusinessAlphabet to Raise $80 Billion in Stock Sales to Fund AI BuildoutAlphabet announced an $80 billion stock-raising plan to bankroll its expanding artificial intelligence investments and infrastructure.3 min read
BusinessNvidia expands into PCs, robots and self-driving cars with RTX Spark CPUs and new partnershipsAt Computex in Taiwan, Nvidia announced three major initiatives to broaden growth beyond data-center GPUs: the RTX Spark CPU for Windows laptops, a humanoid-robot partnership with Unitree, and expanded DRIVE Hyperion collaborations for robotaxi and fleet projects.3 min read
BusinessAnthropic confidentially files for IPO, setting up tighter competition with OpenAI and xAIAnthropic has filed confidential paperwork with the U.S.2 min read
BusinessOpenAI frontier models and Codex now generally available on AWS via Amazon BedrockOpenAI frontier models and Codex are now generally available on Amazon Web Services, enabling companies to use Amazon Bedrock to incorporate OpenAI capabilities into their existing security,…1 min read
BusinessAnthropic confidentially files IPO prospectus with U.S. regulatorAnthropic, the San Francisco–based AI firm and a major rival to OpenAI, has confidentially submitted an IPO prospectus to the U.S.2 min read
BusinessU.S. exchanges move toward futures tied to AI compute costs as global race intensifiesMajor derivatives exchanges including CME Group and Intercontinental Exchange have announced plans for futures or related contracts that track the cost of AI compute, using index data from providers such as Silicon Data and Ornn.4 min read
BusinessSoftBank Overtakes Toyota to Become Japan's Most Valuable Listed CompanySoftBank surpassed Toyota in market capitalization on Monday, driven by investor enthusiasm around artificial intelligence and the rise in value of its OpenAI stake.2 min read
BusinessAnthropic submitted a confidential draft S‑1 to the Securities and Exchange Commission, opening the possibility of an IPOAnthropic submitted a confidential draft S‑1 registration statement to the Securities and Exchange Commission, which, depending on the SEC’s review, would enable initiating a public share offering (IPO).1 min read
