Legal scholars say the AI group's disclosures on existential risk, not investor demand, are now the swing factor in what bankers hope will be the largest listing in history
Published: September 5, 2026 | Category: Deals & M&A Chipmaker moves past hardware to own the hub where 18m developers build open models, promising to keep the platform vendor-neutral. Nvidia has agreed to acquire Hugging Face, the developer platform for open-source artificial intelligence, for $12.93bn, its largest software deal and its most direct move yet…
Published: September 4, 2026 | Category: Deals & M&A Enhanced geothermal developer will supply a potential Utah data center from 2028, with an option to lift Google’s offtake to nearly 1 gigawatt by 2030. Fervo Energy has agreed to sell 396 megawatts of geothermal power to Google, the largest power purchase agreement for enhanced geothermal…
Published: August 28, 2026 | Category: Markets Nvidia is once again setting the pace for the AI trade, its shares climbing about 7% in premarket trading on Thursday after a quarter that even jaded investors struggled to fault. The chipmaker reported revenue of $96.2 billion for its fiscal second quarter, up 106% from a year…
Published: August 27, 2026 | Category: Markets Alphabet and Amazon, lifted by tens of billions in unrealized investment gains, account for most of the jump that pushed second-quarter profit growth past 50 per cent. The S&P 500 is on course for its fastest quarterly earnings growth in five years, but most of the acceleration traces…
Published: August 22, 2026 | Category: Deals & M&A Andrew Spaventa’s funds allegedly marked up shares in SpaceX, Anduril and Anthropic by as much as 91 percent while telling retirees the fees were nearly free. The Securities and Exchange Commission has charged New York broker Andrew Spaventa and three entities he controlled with running a…
Published: August 21, 2026 | Category: Venture Capital Investment triples valuation of dictation app maker in six months, as Big Tech circles the voice interface market Wispr, the maker of the AI dictation app Wispr Flow, has raised $280 million in a Series B round that values the four-year-old start-up at $2 billion, tripling its…
Published: August 18, 2026 | Category: Markets Six investors told the Financial Times the AI company’s revenue run rate will reach $100bn by year end, a case its own executives have not endorsed Anthropic’s investors expect the company to go public in October at a valuation of $2tn or more, which would make it the…
Published: August 15, 2026 | Category: Hedge Funds Ken Griffin’s Citadel is closing out July with its strongest month in four years, and the reason has a name: Situational Awareness. Citadel’s flagship Wellington multi-strategy fund gained 5.9% in July, its best month since 2022 and its biggest single-month jump this year, after the firm bought…
Published: August 14, 2026 | Category: Venture Capital Chief scientist’s science-automation startup lands backing from Radical Ventures and Khosla Ventures as Alphabet reshuffles its AI leadership Jeff Dean, Google’s chief scientist and its 30th employee, is leaving the company after 27 years to launch Discovery Loop, an AI startup aimed at automating scientific experimentation. Alphabet,…
Published: August 2, 2026 | Category: Venture Capital / Artificial Intelligence Two labs just soaked up more than 60 cents of every venture dollar in America. This week supplied three reasons to question what LPs are actually exposed to. OpenAI and Anthropic together absorbed more than 60% of all U.S. venture capital dollars in the…
Two arch-rivals are heading for the public markets through the same two banks — and the arrangement is already testing how Wall Street polices its own conflicts of interest.
Inside the $1.77 Trillion SpaceX IPO For years, the financial world treated a public listing of SpaceX as a distant, borderline mythical event. Elon Musk frequently insisted that his aerospace powerhouse would remain private until humanity was firmly on the path to colonizing Mars. The paradigm has officially shifted. Moving with staggering speed following a…
Published: June 8, 2026 | Category: Financial Sector Labor Economics | Focus: Workforce Automation & Junior Banker Attrition The investment banking bullpen—once characterized by glowing monitors, sleep-deprived junior analysts, and 100-hour workweeks dedicated to formatting pitchbooks and auditing formulas—is falling silent. The traditional entry-level corporate finance job description has been sy