Nscale seeks $3.5B pre-IPO raise after $45B Anthropic deal
The AI compute provider is loading up ahead of a public listing, betting on surging demand for GPU infrastructure.

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The AI compute provider is loading up ahead of a public listing, betting on surging demand for GPU infrastructure.
Paramount's BET Digital has purged years of journalism from its site, a move that mirrors its MTV News scrubbing and raises stakes for the Ellison family's Warner Bros. bid.
The AI training-data firm's $12.5M bid outbids Google by $2.5M and proposes an ombudsman chosen by Spirit's advisers, a move that could set a new standard for data sales in liquidations.
New data suggests AI is creating more jobs than it destroys, flipping the doomsday narrative. Here's what decision-makers need to know.
In a letter to customers, GoPro's CEO promises the business keeps its 'core DNA,' yet the deal is being framed around national security and the largest individual shareholder gets no mention.
The Claude maker's up to $2 trillion debut puts a board controlled by an outside trust with no equity at the center of its public-market test.
Tokyo's $1.4 billion in subsidies aims to help Imabari and rivals decarbonize fleets and compete with China and South Korea.
A Saudi national is hospitalized after a stabbing in London's Mayfair district, with the Saudi Embassy closely tracking his condition and police investigating.
The AI chipmaker's aggressive investment strategy is reshaping competitive dynamics, but skeptics warn of overreach.
Small card businesses are losing thousands to mail-order theft, forcing new packaging, insurance, and delivery strategies.
Berkshire Hathaway's stake in Japan's five trading houses is growing, and Itochu's chairman is signaling the door is open for more.
Fidelity's second-quarter report shows a record number of 401(k) millionaires and steady high balances - a signal of long-term discipline amid persistent economic anxiety.