Anthropic Considers Fourth-Quarter IPO
Anthropic executives are considering taking the company public as early as the fourth quarter, The Information reported Thursday (March 26), citing unnamed sources.
Some bankers expect the ...
Why the ECB Thinks Banks Can’t Survive Without the Digital Euro
The European Central Bank (ECB) argues that the digital euro is not a threat to banks but a strategic lifeline against big tech payment firms and stablecoins.
Executive Board member Piero Cipollone...
X Lays Off CMO, Other Staff Ahead of SpaceX IPO
Elon Musk’s X laid off its chief marketing officer and more than 20 other staff in non-engineering roles in recent weeks, the Wall Street Journal reported. The company has also brought in Jon Shulki...
OpenAI Surpasses $100 Million Annualized Revenue From Ads Pilot
OpenAI has surpassed $100 million in annualized revenue from its ChatGPT ads business, six weeks after the pilot was announced, according to a spokesperson. That revenue has been generated from the le...
Apple Says It Will Let Siri Access Multiple AI Assistants
Apple plans to allow other companies’ artificial intelligence (AI) assistants to be accessed from within its Siri voice assistant, so users can choose which service to query, Bloomberg reported T...
Insurers Corebridge and Equitable Plan $22 Billion Merger
Insurers Corebridge and Equitable have launched a merger valuing the combined company at $22 billion.
The deal, announced Thursday (March 26), creates a retirement, life, wealth and investm...