Tesla's Pre-Emptive News
Talk about stepping on your own news. Tesla put out an unusual statement on Tuesday, detailing the number of cars that 20 Wall Street analysts expect the electric vehicle maker will deliver annually t...
Investors Look for Protection in Nvidia-Groq Type Deals
Welcome back! Nvidia’s Christmas Eve deal for Groq made for a happy holiday for the AI chip startup’s investors and employees, who were paid out at a very festive $20 billion valuation. That has...
Elon Musk’s xAI Buys Building for Third Supersized Data Center
Elon Musk’s xAI has bought a building for a third supersized data center it’s planning outside Memphis, Tennessee, in pursuit of the company’s goal of getting 1 million chips online to power its...
Fix Private Markets Before Small Investors Are Invited In
Wall Street’s latest push into private markets may give individual investors and their 401(k) accounts access to shares of unicorns like SpaceX and OpenAI. It may also allow them to add billions of ...
Citi Flags Loss on Russian Divestment
Citigroup will lose $1.1 billion on the sale of its remaining operations in Russia, the bank said in a securities filing Monday. The U.S. bank is selling its business to Renaissance Capital, one of Ru...
The Top AI Themes of 2025 and What We’re Watching For Next Year
Meta Platform’s announcement on Monday that it has acquired Chinese agent startup Manus represents a big win for Manus’ backers, including Benchmark, ZhenFund and HongShan, who last invested in Ma...
Meta’s Acquisition Values Manus at More Than $2 Billion
Meta Platforms’ deal to acquire the Singapore-based startup behind Manus, a popular AI agent, values it at more than $2 billion, according to a person with direct knowledge of the deal. This gives t...
2026 Predictions: Apple Will Reverse Its AI Slump
As AI has completely consumed the tech industry, Apple has held back from the colossal investments in the technology its peers have been making. Wall Street, pundits and media outlets have criticized ...
Meta, SoftBank and Nvidia Splurge on Holiday AI Deals
The dealmakers of the AI sector didn’t take a break this holiday season. Meta revealed this afternoon it had bought Manus, the Singapore-based developer of AI agents. The price wasn’t disclosed bu...
