Amazon invests $4 billion in AI startup Anthropic, acquires minority stake

In an attempt to stay competitive in the rapidly growing artificial intelligence (AI) sector, Amazon (NASDAQ:AMZN) has announced a substantial…

OpenAI CEO says possible to get regulation wrong, but should not fear it

(Reuters) – The CEO of ChatGPT maker OpenAI said on Monday that it was possible to get regulation wrong but…

Stocks futures point lower; budget stand-off warnings – what’s moving markets

Stocks point into the red to begin the final trading week of September, although equities are feeling the pressure from…

EU regulators block Booking Holdings’ $1.7 billion acquisition of Etraveli Group

In a move that is set to shake the online travel agency market, the European Union’s merger regulators have halted…

EKI Energy shares slump amid financial setbacks, optimistic about recovery post COP 28

EKI Energy Services, a firm involved in carbon credits development and supply, saw a significant 10% drop in its shares…

Australian casino group Star Entertainment to raise $481 million in equity

(Reuters) – Australian casino operator Star Entertainment Group is tapping the capital markets for a second time in 2023 as…

Tesla’s Saudi Arabia expansion rumors dispelled by Musk: This week in EVs

Musk Denies reports of Saudi expansion Conflicting reports have emerged this week regarding Tesla’s (NASDAQ:TSLA) potential expansion plans in Saudi…

UBS Group sees positive trend in recouping funds withdrawn prior to Credit Suisse acquisition

The CEO of UBS Group AG (SIX:UBSG), Sergio Ermotti, has noted a promising trend in the recovery of funds that…

Record-breaking pre-order waiting times for new iPhone models

Monday saw record-breaking pre-order waiting times for Apple Inc (NASDAQ:AAPL).’s latest offerings, the iPhone 15 and its high-end variant iPhone…

SoftBank Corp to raise $800 million via bond-type class shares – filing

(Reuters) – SoftBank Corp plans to raise 120 billion yen ($808.79 million) via Japan’s first public offering of bond-type class…