Oracle’s Force Majeure Notice Ripples Through AI Debt Markets
The notice Oracle sent on Wednesday was, on its face, a routine legal step. By Thursday, it had reached into the credit markets, dragged down a Japanese conglomerate’s shares, and…
OpenAI Readies a Security-Focused Model and a $500 Tier
OpenAI’s next model is not aimed at the mass market. It is aimed at the people paid to defend computer networks, and for the first time the company is building…
Meta’s Shares Climb to the Edge of a $2 Trillion Valuation
Six weeks ago, Meta Platforms was one of the worst-performing stocks in the S&P 500. On Thursday, the company stood less than 1 percent from a threshold only a handful…
Blue Origin Takes $10 Billion From Outside Investors for the First Time
For a quarter century, Jeff Bezos has funded Blue Origin almost entirely out of his own pocket, selling Amazon stock to keep the rocket company alive. On Wednesday, the company…
Akamai Signs $11.6 Billion Cloud Deal With Anthropic
For most of its history, Akamai Technologies was known for the servers that quietly moved web pages and video across the internet’s last mile. On Thursday, the Cambridge, Massachusetts, company…
Disney Raises Disney+ and Hulu Prices for the Fourth Time in Four Years
When Disney+ launched in November 2019, it cost $6.99 a month and carried no ads. The ad-free version of the same service now costs $21.49, more than triple the original…
Nike Founder Phil Knight Pledges $1 Billion to University of Oregon
For most of its history, the University of Oregon has produced Olympic runners, a Nobel laureate and the co-founder of the world’s largest sportswear company — without ever having an…
IBM Buys a UK Cybersecurity Firm to Reach the Defense Sector
IBM’s consulting arm has spent years trying to win deeper business from the British government and its most security-conscious industries. On Wednesday the company bought its way further into that…
Lovable’s Revenue Tops $600 Million as ‘Vibe Coding’ Reaches the Fortune 500
Two years ago, the fastest way to build a small piece of software was to hire a developer. Now, at companies including Microsoft, Nvidia and Deutsche Telekom, employees are increasingly…
Bessemer Raises $5.75 Billion, Tilting Toward Growth
When Bessemer Venture Partners sits down with a founder these days, the conversation is as likely to turn to a late-stage round as to a seed check. For more than…
