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News
Musk's Boring Company Raises $3 Billion, Reaching $23 Billion Valuation
2+ day, 19+ hour ago (349+ words) The Boring Company, Elon Musk’s tunneling venture, has raised $3 billion in a private funding round that lifts its valuation to $23 billion, according to disclosures reported on September 10. The round drew backing from the United Arab Emirates, marking a deeper push…...
Okta Jumps 20%, CrowdStrike Surges 15% as AI Fuels Cyber Spending
2+ week, 5+ hour ago (374+ words) Okta shares climbed roughly 20% and CrowdStrike advanced about 15% on August 27, leading a broad cybersecurity rally after both companies posted quarterly earnings that beat expectations and lifted technology stocks heading into the new trading session. The gains came as customers accelerate…...
CFTC Fines Ex-White House Teleprompter Operator $65,000 for Trading on Trump Speeches
2+ week, 1+ day ago (311+ words) A former White House teleprompter operator has agreed to forfeit more than $100,000 in trading profits and pay a $65,000 civil penalty over bets placed on the words President Donald Trump would use in speeches, the Commodity Futures Trading Commission announced on…...
OpenAI Launches ChatGPT for Teens With Content Limits and Parental Controls
3+ week, 1+ hour ago (308+ words) A dedicated version of ChatGPT built for users aged 13 to 17 became available on Tuesday, as OpenAI moved to address mounting concern over how minors interact with AI chatbots. The San Francisco company said ChatGPT for Teens carries stronger safeguards than…...
Alibaba to Raise $10 Billion in New Shares for AI Buildout
3+ week, 7+ hour ago (255+ words) The company stated the placement aims to “extend the company’s global AI leadership” and fund its “full-stack AI capabilities,” including the expansion and enhancement of its AI infrastructure. The share sale ranks among the largest recent equity raises by a…...