Global investors at the world’s largest venture capital firms including Accel and Sequoia Capital India are asking their portfolio companies the same question: How vulnerable are you to artificial intelligence?
Shanghai Ruitian Investment LLC, a top Chinese quantitative hedge fund founded by an ex-Citadel researcher, lost a high-profile lawsuit claiming a former staff member infringed its technology secrets when he joined a larger rival.
Former Donald Trump campaign strategist Steve Bannon will go on trial in New York next May on state charges that he defrauded contributors to a fund to build a wall on the US-Mexico border.
National Amusements Inc., the Redstone family holding company that controls media giant Paramount Global, raised $125 million from an investment firm co-founded by computer billionaire Michael Dell in order to repay debt.
Colombia is studying the need for more exploration contracts after a report showed oil and gas reserves dropping, according to a senior minister.
The blistering rally of Nvidia Corp. following the chipmaker’s blowout revenue forecast is giving one exchange-traded product a massive boost.
The US Supreme Court put new limits on the Clean Water Act, slashing the power of federal regulators to protect wetlands in a long-sought victory for a couple seeking to build a house near an Idaho lake.
Brahman Capital Corp. is shuttering its stock-picking hedge fund and returning cash to clients after more than three decades, according to people familiar with the matter.
US stocks rose Thursday as a rally in companies linked to the frenzy in artificial intelligence outweighed broader market concerns including a US debt default.
The amount of money the US government has to pay its bills tumbled to the lowest since 2021, posing a risk the administration will run out of funds by early next month if the statutory debt limit isn’t raised or suspended before then.
