Several of Elon Muskâs legal claims against OpenAI will go to a jury trial, the judge overseeing the lawsuit said in a federal courtroom in Oakland, Calif. on Wednesday. The trial is scheduled for the spring. Lawyers for OpenAI had asked the court to dismiss the claims on legal grounds, but ... Read more âș
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The chatbot startup Character.AI and Google have reached agreements to settle multiple lawsuits brought by families who alleged that Characterâs chatbots contributed to their children killing or harming themselves, according to court papers filed this week. In the highest profile case, Megan ... Read more âș
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The Trump family-founded crypto venture World Liberty Financial has applied to the federal government for a national trust bank charter, the company said in a statement. The easing regulatory landscape for crypto firms ushered in by the second Trump administration has spurred a number of ... Read more âș
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JPMorgan has struck a deal to replace Goldman Sachs as the provider of Appleâs credit card program, The Wall Street Journal reported. The largest U.S. bank will take over about $20 billion in customer balances from Goldman at a slight discount, which is rare for branded credit card programs, the ... Read more âș
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Intel shares jumped around 10% today after one of its executives revealed yesterday at the Consumer Electronics Show that the chipmaker is developing a bespoke gaming chip and software for mobile gaming devices, according to Yahoo Finance. Itâs not clear exactly what investors are reacting ... Read more âș
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European data center developer Global Technical Realty raised $1.9 billion from private investment firms KKR and Oak Hill Capital as it looks to expand across the continent. KKR invested $1.5 billion in the round of funding, mostly from its Global Infrastructure strategy, the firm said ... Read more âș
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In its push to make ChatGPT a âpersonal super assistantâ and stay ahead of rivals, OpenAI is developing new features that aim to turn the chatbot into a personal health hub. One feature would let people use ChatGPT to analyze data contained in their personal health apps and wearable devices, such as an Oura ring, Apple Watch or Whoop bracelet, according to two people who have seen designs for the... Read more âș
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Anthropic has told potential investors it is planning to raise $10 billion at a valuation of $350 billion, according to a person familiar with the discussions. The valuation nearly doubles that of its last round in September. Singapore sovereign wealth fund GIC and Coatue Management are planning ... Read more âș
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Before we get to todayâs column, you should check out our scoop this morning that the Chinese government has asked local companies to hold off ordering Nvidiaâs H200 chips. Itâs the latest move in the geopolitical chess match that governs Nvidiaâs China business. Meanwhile, Nvidia CEO Jensen Huang has finally given investors a partial explanation for his companyâs $20 billion Christmas Eve shocker deal to hire the team behind AI... Read more âș
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Whatâs the best way for an individual to invest in AI? Thatâs what some relatives asked me over the holidays. The question is particularly relevant right now. Anthropic could go public this year, and OpenAI could follow, meaning individual investors could have access to two of the rare pure-play AI stocks. That would be a big change from right now, when the only way to invest in some of the... Read more âș
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The Chinese government this week asked some tech companies to temporarily halt plans to buy Nvidiaâs H200 AI chips, according to two people involved in the communication, throwing up a possible roadblock in Nvidiaâs hopes of restarting chip sales to one of its biggest markets. The instruction came roughly a month after President Donald Trump said he would allow Nvidia to sell H200s to China, marking the biggest rollback of... Read more âș
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Five years after the Chinese government quashed Ant Groupâs plans for what would have been the worldâs largest initial public offering, the Chinese fintech giant has built a fast-growing international business. That offshoot runs a global payment network for digital wallets that could one day be a formidable alternative to Visa or Mastercard. Ant International increased revenue between 20% and 25% in 2025 to an estimated $3.7 billion, according to... Read more âș
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Samsung Electronics expects memory chip supply shortages to drive up prices across the electronics industry, including potentially for its own consumer products, according to the companyâs head of global marketing, Wonjin Lee. Lee said in an interview with Bloomberg that memory prices are rising ... Read more âș
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Nvidia CEO Jensen Huang said on Tuesday that Chinese demand for the companyâs H200 AI chips is âquite highâ and that purchase orders from local tech firms will be the clearest signal of Beijingâs approval, The Wall Street Journal reported. At the Consumer Electronics Show, Huang told reporters ... Read more âș
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The Chinese government is reviewing Meta Platformsâ $2 billion acquisition of AI startup Manus for potential violations of technology export control, the Financial Times reported on Wednesday, citing two people familiar with the matter. Chinaâs Ministry of Commerce has begun assessing whether ... Read more âș
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OpenAI co-founder and former chief scientist Ilya Sutskever had $4 billion worth of vested equity in OpenAI in November 2023, according to text messages from chief operating officer Brad Lightcap that were made public Tuesday as part of Elon Muskâs lawsuit against OpenAI. Lightcap disclosed ... Read more âș
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Elon Musk in 2016 told fellow OpenAI founder Sam Altman that the AI lab, then one year old, should pursue a cloud computing deal with Microsoft rather than Amazon, according to emails released Tuesday as evidence in Elon Muskâs federal lawsuit against OpenAI. Musk explained that he preferred ... Read more âș
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Trade in stocks exposed to the AI boom is getting even more volatile. Shares of Sandisk rocketed 27% on Tuesday for no obvious reason other than a report by Morgan Stanley about bigger-than-expected price increases coming for NAND flash memory, which Sandisk makes, among others. Demand for NAND flash has taken off in recent months, thanks to its value in AI data centers. As we noted on New Yearâs Eve,... Read more âș
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Happy 2026 and welcome back to Dealmaker! Private equity has long loved software companies, which generate gobs of steady cash flow from long-term customers. But that love affair has broken down because the firms eventually need to sell the companies they own, and right now almost no one wants to pay up for a traditional software maker. (Thoma Bravoâbacked SailPoint was the only private equityâbacked tech initial public offering in... Read more âș
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MSCI, a major index provider, said Tuesday that it decided to keep publicly-traded stocks whose primary activities are buying crypto in its global indexes âat this time.â The decision removes for now a potential threat to battered companies like Strategy. The decision was highly watched because ... Read more âș
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09.05.2026 13:32
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