Uber Prepares Its First Bond Sale in Euros
The bankers have been chosen and the roadshow is being assembled. Uber has hired banks to arrange its first bond offering denominated in euros, according to people familiar with the…
Arm Asks Shareholders to Approve an $800 Million Package for Its Chief
The annual meeting will have a question at its center that has nothing to do with chips. Arm Holdings shareholders vote Tuesday on a pay package for chief executive Rene…
Authors Fight Their Own Publishers Over the Anthropic Settlement
The settlement was supposed to end one fight and start another, and the second one has now begun. Anthropic agreed to pay roughly $1.5 billion to resolve a copyright lawsuit…
Tesla Says Its Robotaxis Passed a Million Unsupervised Miles
The number was the centerpiece of the evening. Ashok Elluswamy, Tesla’s vice president of artificial intelligence, told an audience at the company’s Cybercab event in Austin on Sept. 3 that…
Anthropic’s Compute Bill Comes Into View: 14.8 Gigawatts, Up to $517 Billion
The numbers were always large in private. On Sunday they became public. The Information reported that Anthropic, the artificial-intelligence company preparing to sell shares to investors, has signed agreements for…
LG-Backed Robot Maker Bear Robotics Opens a Pre-IPO Funding Round
The bankers and private equity funds were the first to hear the pitch. Bear Robotics, the California robot maker controlled by LG Electronics, has begun a pre-IPO funding round as…
TCS Unit Buys Hyderabad Land for a Data Center Campus Costing Up to $7.4 Billion
The land purchase was announced on Sunday with the scale of a small country’s infrastructure program. HyperVault, a subsidiary of India’s Tata Consultancy Services, has bought 264 acres in Hyderabad…
AI Cloud Firm Nscale Seeks $3.5 Billion Ahead of a Possible Listing
Nscale, the London-based cloud company built to rent computing power to artificial-intelligence labs, is talking to investors about raising as much as $3.5 billion before it goes public, according to…
Saudi AI Firm Humain Begins Assembling Its IPO Team
The job post went up on Sunday, and it read less like a routine hiring notice than a public statement of intent. Tareq Amin, the chief executive of the Saudi…
Nigeria Opens Probe Into Uber’s Abrupt Exit
Uber’s ride-hailing app has been part of Lagos life for more than a decade, ferrying commuters through the traffic of Africa’s largest city since 2014. This month the company switched…
