Energy startup Heron Power has raised a $140 million Series B to build a 40-gigawatt US manufacturing facility for its advanced electrical equipment. Heron’s CEO Drew...
Apple is accelerating work on three new wearables, part of a shift towards AI-powered hardware, according to people with knowledge of the plans. Bloomberg’s Mark Gurman...
Morgan Stanley Global Director of Research Katy Huberty discusses the selloff of software and services stocks, some of which hit companies with strong underlying fundamentals. Huberty...
Bloomberg’s Ed Ludlow discusses Warner Bros. Discovery’s decision to reopen negotiations with Paramount Skydance following its sweetened offer. Plus, renewed anxiety over the outlook for AI...
Mesh Optical Technologies, a startup building hardware to move information at high speeds within data centers, raised a $50 million funding round led by Josh Kushner’s...
A new report from Barclays projects that in the next decade physical AI could grow to be a trillion-dollar market, with autonomous vehicles leading the way....
Ford is advancing its electric vehicle strategy with a newly engineered EV platform designed to start at $30,000, significantly below the average new car price in...
Bloomberg’s Caroline Hyde and Ed Ludlow discuss earnings from Rivian, Coinbase, Instacart, and Airbnb. Plus, the US Defense Department added Alibaba, Baidu and others to a...
Anthropic has completed a deal to raise $30 billion in new funding at a $380 billion valuation. Bloomberg’s Shirin Ghaffary discusses what’s driving this round. She...
Bloomberg’s Caroline Hyde and Ed Ludlow discuss memory chip prices taking a toll on Cisco’s stock even as AI demand surges. Plus, Apple’s revamp of its...