Category: Business
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AI startup Anthropic finalizing $3.5 billion funding round, WSJ reports
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(Reuters) – AI startup Anthropic is looking to raise $3.5 billion in its latest funding round which would…
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Franklin Templeton files for Solana ETF as crypto interest expands beyond bitcoin
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(Reuters) – Franklin Templeton filed for an exchange-traded fund on Friday that will track the spot price of…
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Celsius to buy energy drink brand Alani Nutrition in $1.8 billion deal
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(Reuters) -Celsius Holdings said on Thursday it would buy energy drink brand Alani Nutrition in a $1.8 billion…
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Rivian forecasts modest gross profit; shares rise
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By Akash Sriram (Reuters) -Rivian forecast modest gross profit this year, after reporting its first-ever positive earnings margin…
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Billionaire investor Ryan Cohen boosts stake in Alibaba to $1 billion, WSJ reports
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(Reuters) -Billionaire investor Ryan Cohen has grown his personal stake in Chinese e-commerce giant Alibaba Group to roughly…
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Amazon to stop support for communications service Chime next year
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(Reuters) – Amazon said it would stop support for its unified communications service, Chime, next year and will…
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Exxon plans large-scale gas project in oil-dominated Guyana
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By Marianna Parraga and Kemol King GEORGETOWN (Reuters) – U.S. oil major Exxon Mobil is planning to increase…
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Former OpenAI tech chief Murati’s AI startup comes to light with 20 hires from ChatGPT maker
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(Reuters) – Thinking Machines Lab, an AI startup founded by former OpenAI Chief Technology Officer Mira Murati, has…
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Microsoft to invest $700 million to boost Poland’s cybersecurity
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WARSAW (Reuters) -Microsoft plans to invest an additional 700 million dollars in Poland to improve Polish cybersecurity in…
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Bank of America hires former JPMorgan executive to strengthen private bank, memo says
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(Reuters) – Bank of America has hired JPMorgan Chase veteran Mike Marino as the Georgia market executive of…
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