Sign In
Free Newsletter
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.
Boeing plans to open fourth 737 production line in midsummer
Boeing plans to open a fourth 737 MAX production line in Everett, Washington, as it ramps up output toward as many as 63 jets a month, signaling a gradual production increase amid strong demand for single-aisle aircraft.
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.
Trump wants lower mortgage rates, his Fed pick may push the other way
President Donald Trump has made housing affordability a centerpiece of his economic agenda, repeatedly emphasizing his desire to see mortgage rates fall. But Trump’s choice to lead the Federal Reserve, Kevin Warsh, has spent years criticizing the central bank’s enormous bond portfolio. Any push to significantly shrin[...]
Lilly bets on next-generation cell therapy with $2.4B deal for Orna
Eli Lilly agreed to buy Orna Therapeutics for up to $2.4 billion, gaining in vivo CAR-T and circular RNA technology platform.
Google sued by Autodesk over AI-powered movie-making software
Autodesk sued Google, alleging trademark infringement over Flow AI software used in film, TV and video games.
US Justice Department casts wide net on Netflix’s business practices in merger probe, WSJ reports
The DOJ is reviewing whether Netflix used anti-competitive tactics in its proposed $82.7B bid for Warner Bros Discovery.
As USMCA review looms, experts say auto industry’s future is uncertain
Trade experts warn the July USMCA review could reshape the auto industry as uncertainty grows over tariffs, China and U.S. policy.
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.
Global chip sales expected to hit $1 trillion this year, industry group says
SAN FRANCISCO, Feb 6 (Reuters) – Global semiconductor sales are expected to hit $1 trillion this year, the Semiconductor Industry Association said on Friday. The group, which represents most U.S. chip firms, said that chip sales hit $791.7 billion in 2025, an increase of 25.6% over the previous year. That booming growth is[...]
OpenAI unveils AI agent service as part of push to attract businesses
SAN FRANCISCO, Feb 5 – Your next coworker might be generated by AI. OpenAI on Thursday said it is launching a service, called Frontier, for companies to build and manage so-called artificial-intelligence agents, or AI tools that can complete specific tasks, like fixing a software bug. The platform is part of a broader effo[...]
Dollar hits nearly two-week high as stocks wobble; pound slides after BoE holds
The dollar rose to a two-week high as stock volatility rattled markets and the pound slid after a tight Bank of England vote.
