SoftBank prepares to invest $30 billion in OpenAI as part of a record-breaking $100 billion funding round that would value the AI company at $830 billion, with additional backing from Middle Eastern sovereign wealth funds and Amazon pushing the deal toward unprecedented heights.
SoftBank considers a massive $30 billion investment in OpenAI as part of a $100 billion funding round that could catapult the ChatGPT creator's valuation to an astronomical $830 billion, despite the AI company operating at a loss while generating over $20 billion in annualized revenue.
Palladyne AI stock rockets 14% after winning Air Force contract for drone coordination software, while defense giants General Dynamics drops 2.7% despite beating earnings and Textron crashes 8% on disappointing 2026 guidance that falls short of analyst expectations.
Anthropic secures massive $20 billion funding round at $350 billion valuation, doubling its original target as the AI startup rides unprecedented investor demand following previous raises totaling $28 billion from tech giants including Nvidia and Microsoft.
Anthropic secures up to $15 billion in funding at a staggering $350 billion valuation, with Coatue and Singapore's GIC leading the oversubscribed round as Microsoft and Nvidia consider additional investments in the Claude AI developer.
Cloudflare stock rockets 10% to $193.68 as investors pile into the cybersecurity giant amid explosive social media buzz around AI agents, with CEO revealing 80% of top AI companies already depend on their network infrastructure.
Tech giants announce massive global AI expansion plans at Davos while startups with no actual products raise billions in funding, as Tesla removes human safety monitors from Robotaxis in deregulated Texas markets.
Anthropic CEO Dario Amodei warns in a sweeping new essay that AI will deliver an 'unusually painful' labor market shock, simultaneously wiping out jobs across finance, law, tech, and consulting, and calls on governments to intervene with progressive taxation on AI firms as layoffs surge and 40% of workers already …
Defense contractor Booz Allen Hamilton makes its first-ever venture capital investment, committing $400 million to Andreessen Horowitz's latest funds in a significant strategic move that bridges traditional defense contracting with Silicon Valley's startup ecosystem.
AI workplace adoption surges to 26% with executives leading the charge at 69% usage rates, while nearly half of American workers remain completely disconnected from the technology revolution transforming offices across tech, finance, and education sectors.