Finance - News Articles

Verata Maps 30M+ Professional Relationships to Help Private Equity Firms Find Warm Paths to Target Companies

Jan 21, 2026

Y Combinator

Verata launches relationship intelligence platform mapping 30+ million professional connections to help private equity firms leverage warm introductions for deal sourcing, already attracting 3 of the top 10 mega funds.

Finance Data Analytics

Indian AI Startup Emergent Triples Valuation to $300M in Four Months with $70M SoftBank-Led Round

Jan 21, 2026

TechCrunch

Indian AI startup Emergent rockets to $300 million valuation after raising $70 million from SoftBank and Khosla Ventures, tripling its worth in just four months as its no-code platform reaches $50 million in annual revenue serving 5 million users worldwide.

Generative AI Workplace Finance Consumer Behavior

Musk Demands Up to $134 Billion from OpenAI and Microsoft Over Alleged Nonprofit Mission Betrayal

Jan 20, 2026

TechCrunch

Elon Musk demands up to $134 billion from OpenAI and Microsoft, claiming the AI company defrauded him by abandoning its nonprofit mission after he provided $38 million in seed funding and early technical expertise, while OpenAI dismisses the lawsuit as harassment ahead of April's trial.

Legal Finance Generative AI

Sequoia Capital Breaks Own Rules, Invests in Anthropic Despite Backing OpenAI and xAI

Jan 20, 2026

TechCrunch

Sequoia Capital abandons its own investment principles by joining Anthropic's massive $25 billion funding round at a $350 billion valuation, despite already backing AI rivals OpenAI and xAI, marking a dramatic shift from the firm's previous stance of avoiding competing portfolio companies.

Finance Generative AI Natural Language Research

AI Wrapper Companies Face Collapse by 2026 as $600 Billion Infrastructure Investment Remains Safe

Jan 20, 2026

Venturebeat

AI wrapper companies face imminent collapse by 2026 as big tech platforms absorb their features, while the $600 billion global infrastructure investment remains protected and foundation models consolidate into just 2-3 dominant players.

Cloud Computing Big Data Hardware Finance

Oracle Risks Junk Bond Status as AI Infrastructure Bubble Shows Cracks Across Tech Sector

Jan 20, 2026

The Motley Fool

Oracle teeters on junk bond status after borrowing heavily for $50 billion AI infrastructure spending to serve unprofitable OpenAI, while CoreWeave drowns in $15 billion debt and multiple AI companies trade at extreme valuations despite minimal revenue, signaling dangerous cracks in the tech sector's AI spending bubble.

Finance Hardware Cloud Computing Generative AI

HSBC Predicts OpenAI Will Burn Through $207 Billion and Remain Unprofitable Until 2030 Despite Massive Growth

Jan 19, 2026

Fortune

HSBC analysts predict OpenAI will burn through $207 billion and remain unprofitable until 2030 despite reaching 44% of global adults, as the AI giant faces staggering $1.4 trillion compute costs and $620 billion data-center expenses that dwarf projected $213 billion revenues.

Finance Generative AI Cloud Computing Big Data

Allianz Partners with Anthropic to Deploy AI Agents for Claims Processing and Regulatory Compliance

Jan 16, 2026

Allianz.com

Global insurance giant Allianz partners with AI company Anthropic to deploy advanced AI agents that will automate claims processing, ensure regulatory compliance, and empower workforce operations across the insurer's worldwide business operations.

Finance Machine Learning Customer Service Legal

Cloudflare Acquires UK AI Data Marketplace Human Native to Build Developer Tools for Content Monetization

Jan 15, 2026

CNBC

Cloudflare acquires UK-based AI data marketplace Human Native to develop new developer tools that enable fair transactions between AI creators and content providers, expanding the company's mission to revolutionize internet content monetization through transparent data access channels.

Big Data Cloud Computing Data Analytics Finance

Hypercubic Launches AI Platform to Modernize 1960s COBOL Systems Still Powering 70% of Major Enterprises

Jan 12, 2026

Y Combinator

Hypercubic unveils an AI platform to modernize critical 1960s COBOL mainframe systems that still power 70% of major enterprises, addressing the crisis of retiring engineers taking decades of institutional knowledge from undocumented systems running banks, airlines, and government operations.

Machine Learning Finance Public Sector Workplace