The drought in initial public offerings ended this year, led by big winners in AI and crypto, but gains were rare for companies outside those industries. Bankers expect those trends to hold in 2026.

Lawyers for Elon Musk argued that his federal lawsuit against OpenAI and its CEO Sam Altman should proceed to a trial, according to a legal document filed Friday evening. The latest filing responds to ...

OpenAI CEO Sam Altman said he doesn’t want the government to bail them out if the company fails. “If we screw up and can’t fix it, we should fail, and other companies will continue on doing good work ...

OpenAI has asked the Trump administration to expand the 35% tax credit established under the Chips Act — the 2022 law designed to boost U.S. semiconductor production– to apply to AI data centers, ...

Amazon Web Services currently sells a smorgasbord of cloud servers equipped with chips from various manufacturers, as well as ones it has developed in-house. And according to Shaown Nandi, director of ...

Brian Benedict, former sales chief at AI startup Hugging Face, is co-founding a new consulting firm, called Eliza, that aims to help large companies get practical value from OpenAI’s ChatGPT and other ...

Banks including Sumitomo Mitsui Banking Corp., BNP Paribas, Goldman Sachs and Mitsubishi UFJ Financial Group are providing a roughly $18 billion loan to the developers of a New Mexico data center for ...

Data centers are hiring James Bond–style security consultants• The Arena: Is this German club thenext Wrexham?• Plus, our ...

Nvidia CEO Jensen Huang said on Friday that there are “no active discussions” about selling the company’s most advanced Blackwell chips to China. In a televised interview with reporters in Taiwan, ...

Meta internally projected that 10% of its revenue last year, or $16 billion, came from ads promoting fraudulent products or schemes, Reuters reported. These include ads for fake products, sextortion ...

More than 75% of Tesla shareholders voted in favor of Elon Musk’s $1 trillion pay package, the company announced at Tesla’s shareholder meeting on Thursday afternoon. The big majority in favor of the ...

Amazon demanded Perplexity stop allowing its AI assistant to make purchases on Amazon’s site, setting off a war of words between the two companies. Perplexity accused  Amazon of restricting “user ...