CNA

Code-gen startup Cursor nearly triples its valuation in Coatue-led funding round

Code-generation startup Cursor nearly tripled its valuation to $29.3 billion in five months after raising $2.3 billion in its ...

Wall Street has its worst day in a month on worries about AI stocks and interest rates

Questions have been rising about whether such AI superstar stocks can add more to their already spectacular gains.

South Korean shares fall over 2% as chipmakers drop; won jumps

South Korean shares fell more than 2% on Friday, as chipmakers tracked a slump in artificial intelligence stocks on Wall ...

Wall Street drops to one of its worst days since April on worries about AI stocks and interest rates

Wall Street loves lower interest rates because they can goose the economy and prices for investments, even though they can ...

Big Tech’s soaring profits have an ugly underside: OpenAI’s losses

What’s only starting to become clear is that AI startups are also sinkholes for losses that are the flip side of chunks of ...