Ex-DeepMind Researcher Raises $55 Million With No Product and No Customers
A former DeepMind researcher has raised $55 million in a pre-seed round that values the company at $300 million, according to TechCrunch, before the startup has shipped a product, signed…
Uber to Buy Delivery Hero for $14.8 Billion, Nearly Doubling Food-Delivery Reach
Uber Technologies Inc. has agreed to acquire German food-delivery company Delivery Hero SE for $14.8 billion, a deal that would expand Uber Eats’ footprint from 45 countries to more than…
EU Orders Google to Open Android and Search to AI Rivals
The European Commission has issued a binding corrective order requiring Google to open its Android operating system’s search data and default settings to AI search engines and conversational assistants, according…
Netflix Shares Slide 9% After Hours as Guidance Misses and Disclosure Narrows
Netflix Inc. shares fell about 9% in after-hours trading Thursday after the streaming company’s third-quarter revenue guidance came in well short of Wall Street’s expectations and the company said it…
SpaceX Shares Dip Below IPO Price as Starship Abort Tests Investor Patience
SpaceX’s stock fell below its initial public offering price on Thursday after the 13th test flight of its Starship rocket was aborted in the final second before liftoff, a setback…
Chip Stocks Tumble as TSMC’s Record Quarter Leaves Investors Wanting More
Semiconductor stocks fell for a second consecutive session on Friday, with Nasdaq futures down nearly 2% in premarket trading, as investors shrugged off record quarterly results from Taiwan Semiconductor Manufacturing…
Apple Retakes Crown as World’s Most Valuable Company, Closing In on $5 Trillion
Apple Inc. reclaimed the title of the world’s most valuable publicly traded company on Friday, overtaking Nvidia Corp. in intraday trading for the first time since June 2025. The shift…
Sharon AI Signs $1.32 Billion Cloud Deal to Supply AI Lab With Nvidia GPUs
Sharon AI Holdings, an Australian provider of artificial-intelligence cloud services, said Thursday it signed a five-year agreement worth $1.32 billion to supply cloud-computing capacity to a global AI laboratory. The…
Jury Finds Kioxia Infringed Viasat Flash-Memory Patent, Awards $229 Million
A federal jury in Austin, Texas, returned a verdict on Thursday that could cost Kioxia Holdings Corp. $229 million, ruling that the Japanese memory maker’s flash-memory products infringe a patent…
Anthropic Steps Up IPO Prep With Investor Meetings
The meetings are starting to appear on calendars. Anthropic executives have begun sitting down with prospective investors, according to a person familiar with the plans, as the artificial intelligence company…
