Nvidia (NVDA) may invest hundreds of millions in Cloverleaf to secure data center power deals, per WSJ.
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OpenAI's revenue grew 18% to $6.7bn last quarter as its loss widened to $12.3bn, per the WSJ. Anthropic more than doubled to $11.6bn, passing OpenAI.
OpenAI revenue rose 18% to $6.7B in Q2, but losses widened and margins fell ahead of its IPO amid Anthropic rivalry--read the full update.
Natural gas and electricity distributor UGI Corp. recently received a ~$9B takeover offer from KKR, The Wall Street Journal reported.
Costco (COST) plans a limited rollout of Costco-branded Medicare Advantage and supplement plans with SCAN Group.
Iran uses diplomacy pause to rebuild military and pressure shipping lanes.
WSJ finds big tech has ~$3T in off-balance-sheet AI infrastructure commitments, outpacing capex and raising leverage questions--read the key takeaways now.
Prosecutors and the SEC are looking into whether Walter or the businesses he controls committed fraud by concealing financial connections while borrowing billions from the insurers.
WSJ reports Anthropic CEO Dario Amodei's wife Cami Clark is an informal adviser as IPO talk grows. Learn governance risks, politics, and investor impact.
Nvidia cuts OpenAI Ohio data-center financing guarantee to under $120B from $250B, easing balance-sheet risk concerns.