Michael Dell thinks his fellow technology founders need more tailored advice. BDT & MSD, the merchant bank whose advisory board he chairs, is expanding its business to help them get it.The firm is hiring Ryan Nolan,
SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become the ChatGPT maker's largest financial backer, according to initial reporting from the Financial Times on Wednesday evening.
Last week, hedge funds fled their bets on tech stocks, a Goldman Sachs note from Friday and seen by Reuters Monday showed. The data, from Goldman's prime brokerage desk, covered data from Jan 17 - 24. Bank prime brokerage desks lend to hedge funds and see their trading flows.
Investing.com - The emergence of Chinese start-up DeepSeek could have upside macroeconomic implications in the medium-term should its cost reductions help usher in a period of increased competition in the development of artificial intelligence platforms,
The Chinese startup's new model poses some serious questions about the assumptions behind AI investments. But what if that's a good thing for Big Tech?
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
Mark Murphy, an analyst from J.P. Morgan, maintained the Buy rating on Microsoft (MSFT – Research Report). The associated price target remains
Investment bank reckons gas is best placed to quickly fill crucial 'baseload' gap needed to supply booming demand
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company faced another selloff Wednesday.
Last week, hedge funds fled their bets on tech stocks, a Goldman Sachs (GS.N), opens new tab ... U.S. AI infrastructure after the success of OpenAI's ChatGPT. "Competition from global players ...
Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.