AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave’s $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.
Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
OpenAI and Reddit announced a partnership that will allow the ChatGPT maker to train its artificial intelligence models on Reddit content.
FDA approves Amgen’s treatment for most deadly form of lung cancer
The FDA cleared the Amgen drug, called Imdelltra, as a treatment for patients with advanced small-cell lung cancer.
After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation
Figma on Thursday announced a tender offer that will allow current and former employees to sell shares at a valuation of $12.5 billion.
Trump lawyer yells at Michael Cohen in cross-examination over call about Stormy Daniels
Donald Trump is charged in the case with falsifying business records related to a hush money payment Michael Cohen made to porn star Stormy Daniels.
Wife of Sen. Robert Menendez has breast cancer, he reveals during corruption trial
Sen. Robert Menendez shared the health information about his wife after his attorney cast blame on her in his corruption trial in Manhattan federal court.
Some data in the market-moving CPI report was released early by the Labor Department
Information about Wednesday’s critical consumer price index release circulated early on the Bureau of Labor Statistics website.
Average consumer carries $6,218 in credit card debt, as more borrowers are falling behind on their payments
Americans are increasingly falling behind on their credit card payments, recent reports show.
How much money the U.S. spends on war
American military spending reached $916 billion in 2023, which accounts for more than a third of the world’s total military expenditure.
Cisco reports better-than-expected results even as revenue suffers steepest drop in 15 years
Cisco reported a 13% drop in revenue for the fiscal third quarter, the steepest decline since 2009. But results still topped estimates.
