PandaAI Raises Three Rounds to Push AI Into Trading Desks
BEIJING — The pitch that PandaAI’s founders have been making to Chinese investors is simple: the tools that made AI useful for writing and coding can be aimed at trading.…
Stripe Nears Finish Line on $7 Billion OpenRouter Purchase
SAN FRANCISCO — The two companies had been circling each other since midsummer, and by Sunday the outline of a deal was firm. Stripe, the payments giant, has finalized an…
Meta Faces Trial as 29 States Press Youth Addiction Claims
OAKLAND, Calif. — The courtroom on the seventh floor of the federal courthouse here has been prepared for a trial that could run six weeks, with jury selection beginning this…
OpenRouter’s Fivefold Jump Shows What AI Traffic Is Worth
NEW YORK — A little more than three months ago, OpenRouter raised money at a valuation of about $1.3 billion, with GV, Alphabet’s venture arm, leading the round. On Sunday,…
Nvidia Backs OpenAI’s Ohio Campus With $105 Billion Guarantee
PIKE COUNTY, Ohio — The site sits on the former Portsmouth Gaseous Diffusion Plant, a Cold War relic whose enrichment buildings have stood empty for decades. By the end of…
Uber Bets on Zipline Drones to Redraw the Last Mile
SAN FRANCISCO — Dara Khosrowshahi has spent a decade arguing that Uber is a logistics company, not a car company. On Monday he put that argument in the air: Uber…
SanDisk’s 80 Percent Margin Target Puts Memory Peers in the Spotlight
NEW YORK — SanDisk’s chief executive stood before analysts on Aug. 13 and laid out a future most memory makers would have considered fantasy two years ago: adjusted gross margins…
Claude Outage Hits Anthropic for 36 Minutes in IPO Run-Up
SAN FRANCISCO — For about half an hour on Sunday, one of the most valuable private companies in technology could not get its own product to work. Anthropic’s Claude service…
Brockman Dismisses OpenAI Exodus: ‘I Don’t Think It’s Really That Abnormal’
SAN FRANCISCO — In the past week, OpenAI’s head of revenue left less than a year into the job, and the company named a replacement from outside. The departures have…
A 25-Year-Old Dropout Becomes Europe’s Youngest Self-Made Billionaire
LONDON — James Dacombe left school at 16, started his first company while his classmates were sitting exams, and now, at 25, he has a net worth that would make…
