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AI Legal Startup Legora Expands with Third Acquisition in Three Months

AI Legal Startup Legora Expands with Third Acquisition in Three Months

AI Legal Startup Legora Expands with Third Acquisition in Three Months
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Financial Stability Board Warns of Risks in Private Credit Industry Amid AI Boom

Financial Stability Board Warns of Risks in Private Credit Industry Amid AI Boom

Financial Stability Board Warns of Risks in Private Credit Industry Amid AI Boom
Reuters Reuters
Hut 8 signs about $10 billion AI data center lease in Texas, shares jump

Hut 8 signs about $10 billion AI data center lease in Texas, shares jump

By Akash Sriram May 6 (Reuters) - Hut 8 said on Wednesday it had signed a 15-year lease worth $9.8 billion for its Beacon Point data center campus in Texas, as demand rises for infrastructure to train and serve AI models.
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Biotech Founders in Salt Lake City Struggle Amidst High Interest Rates and AI Hype

Biotech Founders in Salt Lake City Struggle Amidst High Interest Rates and AI Hype

Biotech Founders in Salt Lake City Struggle Amidst High Interest Rates and AI Hype
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ElevenLabs Secures $500 Million in Series D Funding, Boosting Valuation to $11 Billion

ElevenLabs Secures $500 Million in Series D Funding, Boosting Valuation to $11 Billion

ElevenLabs Secures $500 Million in Series D Funding, Boosting Valuation to $11 Billion
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Suno Pursues Series D Funding Round Following $250 Million Raise

Suno Pursues Series D Funding Round Following $250 Million Raise

Suno Pursues Series D Funding Round Following $250 Million Raise
Reuters Reuters
Analysis-Stunning US profit strength ignites stocks' charge to record peaks

Analysis-Stunning US profit strength ignites stocks' charge to record peaks

By Lewis Krauskopf NEW YORK, May 6 (Reuters) - A humming U.S. corporate profit engine is at the heart of the U.S. stock market's rally to record highs - an encouraging sign for investors as long as the fuel driving profits keeps flowing.
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Sierra Secures $950 Million to Expand AI Enterprise Solutions

Sierra Secures $950 Million to Expand AI Enterprise Solutions

Sierra Secures $950 Million to Expand AI Enterprise Solutions
Reuters Reuters
Nvidia to invest up to $2.1 billion in IREN as part of AI data center deal

Nvidia to invest up to $2.1 billion in IREN as part of AI data center deal

May 7 (Reuters) - Nvidia will invest up to $2.1 billion in data center operator IREN, as part of a broader deal to deploy up to 5 gigawatts of infrastructure to keep up with soaring artificial intelligence demand.
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Micron Surpasses $700 Billion Market Cap Amid Memory Stock Rally

Micron Surpasses $700 Billion Market Cap Amid Memory Stock Rally

Micron Surpasses $700 Billion Market Cap Amid Memory Stock Rally
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AI Chipmaker Cerebras Aims for $3.5 Billion in IPO

AI Chipmaker Cerebras Aims for $3.5 Billion in IPO

AI Chipmaker Cerebras Aims for $3.5 Billion in IPO
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Ex-OpenAI Counsel Raises $9M for AI-Driven Law Firm Moritz, Revolutionizing Legal Services

Ex-OpenAI Counsel Raises $9M for AI-Driven Law Firm Moritz, Revolutionizing Legal Services

Ex-OpenAI Counsel Raises $9M for AI-Driven Law Firm Moritz, Revolutionizing Legal Services