AI’s Dealmaking Frenzy
AI’s insatiable need for cash is proving to be a dream for dealmakers. Our scoop from Wednesday night that OpenAI was in talks to raise as much as $60 billion from Nvidia, Microsoft and Amazon was f...
A SpaceX Merger Would Reward Musk Loyalists
Before we get into today’s news, check out a string of scoops from my colleague Sri on the rivalry between OpenAI and Anthropic. OpenAI, she reported last night, is talking to Nvidia, Amazon, Micros...
iPhone Demand Fuels Huge Growth for Apple’s Holiday Quarter
Apple reported its fastest growth in years, fueled by its latest-generation iPhone 17 lineup. The iPhone business grew 23% to $85.3 billion in sales for the December quarter, the company reported Thur...
U.S. Regulator Plans New Prediction Market Rules
The U.S. Commodity Futures Trading Commission, which regulates prediction markets such as Kalshi and Polymarket in the U.S., plans to make new rules to provide clearer standards on the types of contra...