Mercor CEO Accuses Sequoia of ‘Dual-Pricing’ Valuation Tactics
SAN FRANCISCO — The post went up on X on a Monday morning, and within hours it had become the most discussed financing story in Silicon Valley. Brendan Foody, the…
AI Coding Startup Lovable Passes $500 Million in Annualized Revenue
STOCKHOLM — The revenue chart inside Lovable’s office has a shape that most software founders only see in projections: a line doubling roughly every four months since the product’s launch.…
Anthropic’s IPO Push and the Non-Proliferation Pitch
The essay arrived weeks before a listing expected to value Anthropic at $965 billion, and it read like a treaty proposal for the age of artificial intelligence. Anthropic published a…
Global Selloff Deepens as AI Trade Unwinds
The selloff that began with an earnings call in Santa Clara ended three days later with a circuit breaker in Seoul. Monday morning, the Korea Composite Stock Price Index opened…
Buffett and Li Ka-shing Keep Moving to Cash
Two of the world’s most patient investors, aged 95 and 97, are moving in the same direction, and neither is buying. Warren Buffett’s Berkshire Hathaway has now sold stock for…
AI Lifts Self-Made Women Billionaires to a Record
The Forbes list of America’s richest self-made women has 43 names on it this year, the most in the ranking’s history, and the biggest move belongs to a woman whose…
Amazon Pays Corning Billions for Fiber in AI Buildout
Amazon has agreed to pay Corning billions of dollars for optical fiber to connect its U.S. data centers, the latest and largest sign that the AI buildout has moved beyond…
Marvell to Join S&P 500 After AI-Driven Rally
S&P Global said Marvell Technology will join the S&P 500 index on June 22, replacing Pool Corp and Campbell’s, and the announcement turned a stock that had already been one…
SoftBank Slides as Foreign Investors Exit Korean Tech
SoftBank Group fell more than 6 percent in Tokyo trading on Monday, one of the biggest declines among Asia’s technology stocks as a global selloff in AI names rolled through…
Tencent Returns to the Dollar Bond Market
Tencent Holdings has hired a group of investment banks to sell dollar-denominated benchmark bonds and offshore renminbi bonds, its first return to the dollar market since 2021, according to people…
