BusinessGoldman Sachs recommends defensive, high-quality stocks if AI spending momentum coolsGoldman Sachs analysts warn that a slowdown in AI-related capital spending could lessen the sector’s contribution to S&P 500 gains and advise cautious investors to focus on defensive, high-quality names in health care and consumer staples.3 min read
BusinessAI companion Tolan raises $30M as user base and revenue growTolan, an AI companion app, has secured $30 million in new funding from investors including Union Square Ventures, Khosla Ventures and Homebrew, doubling its total capital raised and pushing its valuation well above prior figures.3 min read
BusinessDBS CEO Tan Su Shan warns of looming capital constraints for AI buildoutTan Su Shan, CEO of DBS Group, warned at a Semafor World Economy dinner in Bangkok that after shortages of chips, memory and power, capital constraints may soon limit AI expansion.3 min read
BusinessTenstorrent raises $1.5B to scale chips for open-weight AI models at $6.2B valuationTenstorrent has closed a $1.5 billion funding round that values the inference-focused chip startup at $6.2 billion, more than doubling its late‑2024 valuation.2 min read
BusinessAnthropic proposes 5% of shares for a Public Benefit Fund tied to company valuationAnthropic said it would allocate 5% of its shares to a newly created Public Benefit Fund, a vehicle that could finance nonprofit programs, research or direct transfers if converted to liquid value.5 min read
BusinessSAP to acquire Belgian AI firm TechWolf to boost HR skill-mapping capabilitiesSAP has agreed to buy Belgian startup TechWolf to add AI-driven skill and task mapping to its HR offerings.3 min read
BusinessDisney to Hire Majority of Character.AI Staff as Startup Moves Through BankruptcyAfter Character.AI filed for bankruptcy, Disney — where former Character.AI CEO Karandeep Anand is now chief technology officer — has agreed to hire at least 60 employees and to buy certain assets for $20 million.2 min read
BusinessOpenAI's London Unit Posts Profit Amid Groupwide Losses Due to Internal cost‑plus BillingOpenAI UK Ltd reported a pre-tax profit and £20.3 million in net profit for 2025, while the wider OpenAI group continued to run large losses.3 min read
BusinessOpenAI alleges ex-staff shared confidential files with Apple amid ongoing trade-secret disputeOpenAI has accused a former employee of transferring more than 100 confidential files tied to an unreleased device to personal accounts and then briefing Apple executives, escalating the companies' existing trade-secret litigation.3 min read
BusinessMeta removes contested web-crawling clause from commercial termsMeta removed a provision from its commercial terms that had said the company could use content from business-account domains to develop, improve, research, train, and maintain its products.2 min read
BusinessReplit names OpenAI preferred partner while still offering Anthropic modelsReplit CEO Amjad Masad said at TechCrunch Disrupt that the company has made OpenAI its preferred partner for powering Replit Agent, citing cost, performance and partnership strength.3 min read
BusinessRising CDS Costs Reflect Investor Doubts Over AI Investment PaybackInvestors are increasingly paying more to insure debt of major tech firms, signaling growing uncertainty about whether massive AI-related investments will pay off.3 min read
