DeepSeek has resumed its second funding round and is looking to raise close to $8 billion, Bloomberg reported Thursday (Aug. 6), citing unnamed sources. The Chinese artificial intelligence startup is raising the funds at a valuation of about $74 billion, acco…
The headline figure is $71 billion in chip-lease debt secured in roughly 60 days, but the true story of Anthropic’s recent capital expansion lies in the mechanics of the special purpose vehicle. By utilizing these structured finance vehicles, Anthropic has se…
Chicony Electronics reported stronger second-quarter earnings on August 5 as demand from the commercial market outpaced consumer spending. The Taiwanese electronics maker said higher-end products such as smart video conferencing systems and gaming keyboards h…
Musk’s net worth exceeded $1 trillion in June after his spaceflight and artificial intelligence company went public.
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At JPMorgan Chase, AI and technology promote our global operations with unmatched scale and speed. We invest over $18 billion annually in innovation, data leverage, and security to shape the future for our clients, communities, and employees. The Chief Data &…
