A new proof-of-concept AI hedge fund simulator deploys virtual agents modeled after Warren Buffett, Michael Burry, and Cathie Wood to test trading strategies across valuation, sentiment, and technical analysis — strictly for educational purposes, with no real trades executed.
Jeff Bezos is closing in on a massive $10 billion funding round for his AI startup Project Prometheus, now valued at $38 billion, as the company leverages artificial intelligence to revolutionize engineering and manufacturing across aerospace and automotive industries.
Amazon is pouring up to $25 billion into AI startup Anthropic at a $380 billion valuation, as Anthropic commits to spending over $100 billion on AWS over the next decade while reporting $30 billion in annualized revenue amid a fierce race against OpenAI.
Tech giants Amazon, Google, and Microsoft shed a combined $900 billion in market value as investors revolt against $660 billion in projected AI spending with little return, while Apple surges 7% by taking a lean, asset-light AI approach that keeps its 2026 capital expenditure at just $14 billion, signaling a …
AI coding startup Cursor is nearing a massive $2 billion funding round at a $50 billion valuation, co-led by Andreessen Horowitz, with Nvidia and Thrive Capital also set to participate, signaling explosive investor demand for AI coding technology.
Capital One is radically transforming open-source AI models beyond recognition, deeply customizing their architecture to satisfy strict financial regulations while outperforming costly off-the-shelf solutions from rivals like OpenAI and Anthropic.
AI coding tool Cursor is in talks to raise $2 billion at a staggering $50 billion valuation, backed by Andreessen Horowitz and Thrive, as it targets a $6 billion annualized revenue run rate by 2026 — tripling its February figures — while newly reaching slight gross margin profitability.
Sequoia Capital raises a massive $7 billion AI-focused fund — nearly double its last comparable raise — doubling down on late-stage bets including OpenAI and Anthropic, both eyeing public listings in 2026, in the firm's first major fundraise under new co-leaders Alfred Lin and Pat Grady.
OpenAI doubles its deal with AI chipmaker Cerebras to over $20 billion, takes a potential 10% minority stake, and invests $1 billion in data center development, as Cerebras eyes a $35 billion IPO in Q2 2025.
The UK government launches a $675 million Sovereign AI venture fund to invest in domestic startups across AI model development, agentic AI, and drug discovery, offering not just capital but supercomputer access, free visas, and government contracts to reduce dependence on foreign technology.