Money & Finance

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AI inference startup Modal Labs in talks to raise at $2.5B valuation, sources say

AI inference startup Modal Labs in talks to raise at $2...

General Catalyst is in talks to lead the round for the four-year-old startup, ac...

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xAI lays out interplanetary ambitions in public all-hands

xAI lays out interplanetary ambitions in public all-hands

On Wednesday, xAI took the rare step of publishing its full 45-minute all-hands ...

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Big Oil embraces global exploration again as Chevron returns to Libya

Big Oil embraces global exploration again as Chevron re...

American Big Oil is returning to countries in the Middle East, Africa, and beyon...

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Trump’s immigration curbs will help take 2.4 million people out of the workforce, but he’s betting AI can pick up the slack

Trump’s immigration curbs will help take 2.4 million pe...

Can AI make up lost productivity from crashing fertility rates and shrinking imm...

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James Van Der Beek, child star and face of iconic GIF from ‘Dawson’s Creek,’ dies at 48 in ‘beyond devastating news’

James Van Der Beek, child star and face of iconic GIF f...

“All of a sudden, six years of work was boiled down to one seven-second clip on ...

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Move over, ‘Merkron.’ Europe’s new power couple is ‘Merzoni’

Move over, ‘Merkron.’ Europe’s new power couple is ‘Mer...

How an alliance between Germany’s and Italy’s leaders is reshaping Europe.

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Mark Zuckerberg is joining Jeff Bezos in Miami’s billionaire bunker: Take a look inside his real-estate portfolio

Mark Zuckerberg is joining Jeff Bezos in Miami’s billio...

The Meta CEO has spent years adding luxury properties, including a secretive ran...

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Alphabet won’t talk about the Google-Apple AI deal, even to investors

Alphabet won’t talk about the Google-Apple AI deal, eve...

Alphabet CEO skipped an analyst's question about Apple on the company's earnings...

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Stripe alumni raise €30M Series A for Duna, backed by Stripe and Adyen execs

Stripe alumni raise €30M Series A for Duna, backed by S...

Having raised a €30 million Series A round led by CapitalG, business identity ve...

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Mundi Ventures closes on €750M for Kembara, its largest deep tech and climate fund

Mundi Ventures closes on €750M for Kembara, its largest...

Spain-based deeptech and climate megafund Kembara has just completed a €750 mill...

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As it preps Specs for the masses, Snap’s Q4 shows revenue growth but fewer daily users

As it preps Specs for the masses, Snap’s Q4 shows reven...

The company is engaged in a strategy to diversify its revenue sources as it head...

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Sam Altman got exceptionally testy over Claude Super Bowl ads

Sam Altman got exceptionally testy over Claude Super Bo...

He posted a novella-sized rant that devolved into to calling his rival "dishones...

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Alphabet plans to double capex spending to a possible $185 billion—but it’s keeping CEO Sundar Pichai up at night

Alphabet plans to double capex spending to a possible $...

Alphabet revealed a staggering increase in infrastructure investments that will ...

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Key Nevada legislator says lawmakers will push for independent audit of altered public record in Nevada OSHA’s Boring Company inspection 

Key Nevada legislator says lawmakers will push for inde...

Because a forensic analysis conducted by the Governor’s Office was inconclusive,...

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Exclusive: Lawhive, a startup using AI to reimagine the general practice law firm, raises $60 million in new venture capital funding

Exclusive: Lawhive, a startup using AI to reimagine the...

The startup offers routine legal services using human lawyers assisted by AI sof...

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Developer Hongkong Land launches a $6.5B Singapore real estate fund, the country’s largest, as part of CEO Michael Smith’s strategic pivot

Developer Hongkong Land launches a $6.5B Singapore real...

The new fund has the Qatar Investment Authority as a key investor, as Hongkong L...

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Less than 10% of employees believe their bosses are demonstrating moral leadership

Less than 10% of employees believe their bosses are dem...

Also: All the news and watercooler chat from Fortune.

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Microsoft gained $7.6B from OpenAI last quarter

Microsoft gained $7.6B from OpenAI last quarter

Microsoft, one of OpenAI's major investors, is benefiting greatly from the AI la...