Explore

OpenAI in talks to commit up to $1.5 billion to private equity JV, FT reports

OpenAI in talks to commit up to $1.5 billion to private equity JV, FT reports

April 22 (Reuters) - Artificial intelligence firm OpenAI is set to commit up to $1.5 billion to a new joint venture with private equity firms, Financial Times reported on Wednesday, citing people familiar with the matter.

OpenAI leans on global consultancies to expand Codex use in large companies

OpenAI leans on global consultancies to expand Codex use in large companies

April 21 (Reuters) - OpenAI said on Tuesday it is expanding partnerships with major global consulting firms to speed up enterprise adoption of its Codex artificial intelligence tools, as competition in the rapidly evolving AI market intensifies.

Moody's profit rises on strong analytics growth, lifts annual forecast

Moody's profit rises on strong analytics growth, lifts annual forecast

April 22 (Reuters) - Ratings agency Moody's reported a rise in first-quarter profit on Wednesday, driven by strong demand for its research and analytics products, and raised its 2026 earnings forecast.

Apple's post-Cook future hinges on whether Ternus can ignite AI growth

Apple's post-Cook future hinges on whether Ternus can ignite AI growth

By Rashika Singh April 21 (Reuters) - Apple's leadership change is the start of a new phase for the iPhone maker, in which the focus will be on whether its deep hardware heritage can be successfully fused with AI to sustain growth in a fast-evolving tech landscape, Wall Street analysts said.

OpenAI briefs US agencies, Five Eyes on new cybersecurity product, Axios reports

OpenAI briefs US agencies, Five Eyes on new cybersecurity product, Axios reports

April 22 (Reuters) - OpenAI has briefed U.S. federal agencies, state governments and Five Eyes member countries on the capabilities of its new cybersecurity product over the past week, Axios reported on Wednesday.

AI chipmaker Forge Nano to list via $1.6 billion SPAC deal

AI chipmaker Forge Nano to list via $1.6 billion SPAC deal

April 21 (Reuters) - Forge Nano, a U.S.-based semiconductor equipment and advanced materials company, plans to go public through a $1.6 billion blank-check deal with Archimedes Tech SPAC Partners II , the companies announced on Tuesday.

Adobe announces $25 billion stock buyback amid AI disruption fears

Adobe announces $25 billion stock buyback amid AI disruption fears

April 21 (Reuters) - Adobe on Tuesday announced a share repurchase program worth up to $25 billion through April 30, 2030, as the Photoshop maker seeks to reassure investors of its growth strategy amid the rise of creative autonomous tools.

Apple's new CEO is a product perfectionist taking on the AI age

Apple's new CEO is a product perfectionist taking on the AI age

By Aditya Soni April 20 (Reuters) - To understand how Apple's new CEO John Ternus will run the company, pay attention to what he refuses to sell.

Space investment in first quarter hits record as SpaceX IPO buzz lifts sector

Space investment in first quarter hits record as SpaceX IPO buzz lifts sector

By Akash Sriram April 21 (Reuters) - Global investment in space companies surged to a record in the first quarter of 2026, driven by larger late-stage financing and growing investor enthusiasm over SpaceX's public market debut, data from investment firm Seraphim Space showed on Tuesday.

Alternative asset managers brace for investor test over AI, redemptions

Alternative asset managers brace for investor test over AI, redemptions

By Manya Saini, Isla Binnie and Arasu Kannagi Basil April 21 (Reuters) - Wall Street's largest alternative asset managers face a critical test in the coming weeks as they try to convince investors that concerns over AI disruption to their portfolio companies and a pullback in retail private credit

Musk bought $1.4 billion SpaceX shares last year, The Information reports

Musk bought $1.4 billion SpaceX shares last year, The Information reports

April 21 (Reuters) - Elon Musk increased his stake in SpaceX last year by purchasing $1.4 billion worth of stock from current and former employees, The Information reported on Tuesday.

Tencent, Alibaba in talks to invest in DeepSeek at over $20 billion valuation, The Information reports

Tencent, Alibaba in talks to invest in DeepSeek at over $20 billion valuation, The Information reports

April 22 (Reuters) - Chinese tech giants Tencent Holdings and Alibaba Group are in discussions to invest in artificial intelligence startup DeepSeek, The Information reported on Wednesday, citing four people with knowledge of the talks.