MicroStrategy May Soon Rival Amazon, Alphabet in Common Shares
MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s Bitcoin buying spree as market behemoths Amazon.com Inc. and Alphabet Inc. have outstanding.
Google Invests Another $1 Billion in AI Developer Anthropic
Alphabet Inc.’s Google is backing artificial intelligence developer Anthropic with a further $1 billion, building its stake in one of the most promising rivals to OpenAI.
U.S. investor group to offer over $20B for TikTok, Bloomberg reports
Employer.com founder Jesse Tinsley says his U.S. investor group vying to buy TikTok has secured more than $20B and has recruited the CEOs of
DeepSeek Whammy Shifts Focus to Big Tech Trio’s Earnings Calls
Wednesday afternoon was already expected to be eventful for the stock market, with the Federal Reserve releasing its decision on interest rates and Chair Jerome Powell holding his regular post-meeting press conference.
DeepSeek Quizzed by Irish Watchdog Over China Data Fears
Chinese artificial intelligence startup DeepSeek is being quizzed by Ireland’s privacy watchdog amid concerns over the way it’s processing data related to citizens in the nation.
Trump Officials Discuss Tighter Curbs on Nvidia China Sales
Trump administration officials are exploring additional curbs on the sale of Nvidia Corp. chips to China, according to people familiar with the matter, who emphasized that conversations are in very early stages as the new team works through policy priorities.
Norway $1.8 Trillion Fund Ended 2024 With Tech-Heavy Top Ten
Norway’s $1.8 trillion wealth fund ended 2024 with a tech-heavy top ten, just as the success of the artificial intelligence model developed by Chinese startup DeepSeek raises the specter of a correction in the AI-driven stock rally.
Did DeepSeek Grab the Smarts of Industry Leaders Like OpenAI?
The Wall Street Journal first reported that OpenAI and Microsoft are investigating whether DeepSeek made unauthorized use of OpenAI’s data output to train DeepSeek’s competing
Microsoft Probing If DeepSeek-Linked Group Improperly Obtained OpenAI Data
Microsoft Corp. and OpenAI are investigating whether data output from OpenAI’s technology was obtained in an unauthorized manner by a group linked to Chinese artificial intelligence startup DeepSeek,
World’s Richest People Lose $108 Billion After DeepSeek Selloff
The world’s 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined $108 billion on Monday as a tech-led selloff tied to Chinese AI developer DeepSeek sent major indices plunging.
Lyft price target lowered to $19 from $21 at BofA
BofA analyst Michael McGovern lowered the firm’s price target on Lyft (LYFT) to $19 from $21 and keeps a Buy rating on the shares after