Klarna targets up to $1.27 billion in long-awaited US IPO, valuing the fintech at $14 billion

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Klarna Logo
Swedish fintech giant Klarna is reigniting its plans for a US public offering, aiming to raise up to $1.27 billion in a deal that would value the company at up to $14 billion. In a filing on Tuesday, the buy ... Read more

Anthropic’s valuation skyrockets to a massive $183 billion with fresh $13 billion in funding

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Anthropic Funding Round
AI firm Anthropic, a chief rival to OpenAI, announced Tuesday it has closed a massive $13 billion Series F funding round, catapulting its valuation to $183 billion. The company says the new capital will be used to fuel enterprise adoption ... Read more

Google Dodges a Breakup in Landmark Antitrust Ruling, But New Rules Could Shake Up Search

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Google Chrome Logo
In the most consequential antitrust decision for Big Tech since the government took on Microsoft two decades ago, a federal judge has ruled that Google won’t have to sell off its prized Chrome browser. While the tech giant dodged the ... Read more

Europe Hits Pause on Google Fine, Fearing Trump’s Tariff Stick

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EU USA Google Trade War
The European Union was all set to bring the hammer down on Google’s massively profitable ad tech business this week, but in a dramatic last-minute reversal, regulators have reportedly put the move on ice. The reason? A case of geopolitical ... Read more

Tesla’s ‘Master Plan 4’ Bets the Entire Company on a Robotic, AI-Powered Future

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Tesla robot
Elon Musk has once again updated Tesla’s grand vision for the future, and this time, it’s about a lot more than just cars. The newly unveiled “Master Plan Part Four” officially pivots the company’s focus toward a world of artificial ... Read more

YouTube’s Double Squeeze: Cracking Down on Sharing While Your TV Bill Hangs in the Balance

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It looks like the free-for-all era of streaming is officially over, and YouTube is sending the memo on two fronts. In a pincer movement aimed squarely at user accounts, the company is beginning to enforce its “same household” rule for ... Read more

Mark Cuban’s War on Big Pharma Is Gaining Ground as Washington Closes In

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Pharmacy Cost Plus Drugs
Mark Cuban, the billionaire entrepreneur famous for his “Shark Tank” persona, has a simple thesis: America’s a-la-carte healthcare pricing is fundamentally broken. With his company Cost Plus Drugs, he’s been waging a surprisingly effective guerrilla war against the industry’s opaque ... Read more

Nvidia’s AI Empire is Built on Two Mystery Customers—And That’s a Problem

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Nvidia Customers
Nvidia’s earnings reports have become blockbuster events, charting the meteoric rise of the AI boom one record-breaking quarter at a time. The latest chapter is no different, with the chipmaker posting a staggering $46.7 billion in revenue. But a peek ... Read more

Nvidia’s AI Money Printer Is Still Going Brrr, But a Giant Wall Is Blocking China

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Nvidia GPU
Nvidia just dropped its latest quarterly earnings, and to absolutely no one’s surprise, the numbers are astronomical. The company, which has become the de facto hardware store for the global AI gold rush, smashed sales records yet again on Wednesday, ... Read more

The US Government Just Bought a 10% Stake in Intel With Money It Already Owed

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In a deal that’s part creative accounting and part aggressive industrial policy, the US government is now the largest shareholder in Intel. The Trump administration announced an $8.9 billion investment for a 10 percent stake in the beleaguered chip giant, ... Read more
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