Some see silicon intellects as a risk to humanity. The Pentagon raises the reverse worry by stamping Anthropic a supply-chain threat: that humans can crush a chatbot lab. If access to computing ...
The failure of lender MFS wiped $10 bln of market value from Barclays, Apollo and Jefferies, dwarfing their exposure. It ...
A protracted war risks higher costs of energy and shipping for American firms and consumers. It comes as the Pentagon eyes $500 bln in new military spending, tariff revenue is uncertain and ...
Lenders from Barclays to BNP have struck 'risk transfer' deals covering $885 bln of loans, flattering their equity ratios.
The black stuff is trading at $80 per barrel, suggesting traders think disruptions in the Strait of Hormuz won’t last long. That may in itself prove optimistic. But a bigger jump in European gas ...
Struggling fund manager Magellan is buying Aussie advice shop Barrenjoey at a $1.1 bln valuation. Despite its fast growth, 15 times profit is a discount to peers like Evercore and Moelis. Boss Brian ...
Insiders have won over Elliott by again raising their lowball bid for Toyota Industries to value it at $40 bln. At 26% above the first offer, it diverts some juice from the buyers and falls short of ...
Fast-growing e-wallet provider PayPay is branching into loans and securities trading. To hit a valuation of $20 bln in its US listing, Masayoshi Son needs to convince investors it’s primed to become ...
Welcome back! Payments firm Block is cutting nearly half its 10,000 employees after CEO Jack Dorsey said artificial intelligence tools allowed a smaller team to “do more and do it better”. Is the ...
Fresh US and Israeli strikes attempted to remove Tehran’s leaders, rather than force a nuclear deal. Yet the president’s hope ...
Payments firm Block is firing nearly 50% of workers, saying automation lets it do more with less. It grew bloated during the ...
MiniMax and Zhipu are now worth some $60 bln combined after more than quadrupling this year. The hype evokes the path taken ...
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