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Blackstone boosts stake in AI startup Anthropic to about $1B, source says
Blackstone is boosting its investment in Anthropic to about $1 billion, valuing the Claude chatbot maker at roughly $350 billion as investor appetite for leading generative AI companies remains strong.
Amazon plans to launch AI content marketplace, The Information reports
Amazon is signaling plans for an AI content marketplace that would let publishers sell material to artificial intelligence companies, as tech firms and media groups negotiate new rules and fees for AI use of content.
Amazon shares slide as $200 billion outlay fans fears over AI returns
Amazon stock fell after unveiling a $200 billion AI capex plan, raising investor fears and questions about Big Tech returns.
Wall Street ends sharply down as AI worries weigh
U.S. stocks fell sharply as heavy AI spending plans from Alphabet and Big Tech reignited fears over profits and valuations.
Google goes from laggard to leader as it pulls ahead of OpenAI with stellar AI growth
Alphabet is emerging as an AI leader, but investor worries rose after Google said it could spend up to $185B this year.
Space stocks jump after Musk’s SpaceX-xAI merger
U.S. space stocks rose after Elon Musk announced a SpaceX-xAI merger, betting on AI infrastructure and computing in space.
Disney taps parks head Josh D’Amaro as CEO to lead post-Iger era
Disney named theme parks chief Josh D’Amaro as CEO, succeeding Bob Iger as AI, labor talks and industry consolidation loom.
Amazon axes 16,000 jobs as it pushes AI and efficiency
Amazon confirmed 16,000 corporate job cuts, bringing total layoffs to 30,000, as CEO Andy Jassy pushes to reduce bureaucracy.
Wall Street indexes close higher ahead of earnings, Fed meeting
Jan 26 (Reuters) – The S&P 500 and the Nasdaq advanced for a fourth consecutive session on Monday, as investors geared up for a slew of mega-cap earnings and a Federal Reserve update on interest rate policy later this week. Both indexes hit their highest levels in more than a week and registered their longest […]
Amazon plans thousands more corporate job cuts next week
Amazon plans another round of corporate job cuts next week as it moves toward eliminating about 30,000 roles companywide.
Appian wins $500M Army contract
Appian announced last week that the U.S. Army has awarded the company a new enterprise contract valued at up to $500 million.
US approves Nvidia H200 chip exports to China with some conditions
The Trump administration approved Nvidia’s H200 AI chip sales to China under new restrictions, drawing concern from national security hawks.
