Elon Musk called Anthropic ‘evil’ 3 months ago. Now he’s taking $4 billion to become its landlord

Three months ago, Elon Musk wrote on X that Anthropic was “evil,” “misanthropic,” and that the…

Treasury expected to borrow $2 trillion this year—more than $166 billion every month

The U.S. Treasury will likely have borrowed more than $2 trillion by the end of the…

136-year-old bank expands its foothold to $18 billion

Companies are always looking to make a buck. Sometimes that means expanding products, increasing prices, or…

Supermicro CEO: ‘No one’ beyond indicted employees were part of alleged $2.5 billion chip smuggling

Super Micro Computer CEO Charles Liang spoke out during the company’s fiscal third quarter earnings call…

GameStop making $56 billion offer to acquire eBay, WSJ says

GameStop Corp. will offer $125 in cash and stock per eBay Inc. share in a takeover…

Meta wants to spend more even after it lost $80 billion on the Metaverse and over 20 million users

Despite strong first quarter results, Meta’s stock plummeted nearly 9% Thursday thanks in part to a…

Supermicro—accused of smuggling $2.5 billion in Nvidia chips to China—has been here before, in Iran

Supermicro has spent the past three years riding the AI wave in Silicon Valley but before…

Wind energy exec says company ‘must adapt’ as Trump offers $2 billion to kill offshore wind projects

As the Trump administration considers shelling out billions to shutter offshore wind projects, energy executives are…

Big Tech’s $700 billion AI spending spree has no clear end in sight

Welcome to Eye on AI, with AI reporter Sharon Goldman. In this edition: SoftBank plans to…

How AstraZeneca’s 17,000 AI-certified employees are helping it reach an $80 billion ‘stretch goal’

Good morning. AstraZeneca’s AI strategy has moved well past the exploration phase as upskilling employees became…

The $665 billion question: Will Big Tech’s AI gamble pay off?

Good morning. And you thought the dollar figures being tossed around by the big banks this…

‘A strategic blunder’: Democrats confront Hegseth as the Iran war’s price tag hits $25 billion

Making his first appearance before Congress since the Trump administration went to war in Iran, Defense…

Trump spent nearly $2 billion of taxpayer money to undo wind projects already underway. Dems demand answers

The Trump administration is spending nearly $2 billion to get energy companies to walk away from U.S. offshore…

How JPMorgan’s CIO is reshaping work at the bank with a $19.8 billion annual tech and AI budget

Lori Beer, the global chief information officer at JPMorgan Chase & Co., has a long checklist…

Emma Grede, who helped found the $5 billion Skims empire, rejects ‘celebrity CEO’ label: ‘I’m a CEO who’s done so well you know my name’

Emma Grede may be best known for being a founding partner for some of the Kardashian…