Market Mover
Amazon Globalstar acquisition approved by FCC in $11.5bn deal
The Federal Communications Commission has cleared Amazon Leo to buy mobile-satellite operator Globalstar for $11.5 billion, giving it direct-to-device satellite…
Anthropic IPO filing warns catastrophic AI risks may be uninsurable
Anthropic has warned prospective investors in its IPO prospectus that catastrophic risks from artificial intelligence could exceed the insurance industry's…
Auriga Cyber Ventures II secures €80m interim close for AI security
Parisian venture capital firm Auriga Partners has secured €80 million at the interim close of its second specialised cybersecurity fund.
SpaceX network deal rejected by T-Mobile as carrier rules out MVNO
T-Mobile US chief executive Srini Gopalan has dismissed speculation about an MVNO network deal with SpaceX, describing satellite broadband as…
STMicroelectronics Q3 Earnings Beat Forecasts as AI Demand Rises
STMicroelectronics posted a third-quarter operating profit of $429 million, beating market estimates on rising demand from AI data centres and…
DoorDash Instacart deal unites delivery apps in $17bn takeover
DoorDash will buy rival Instacart for $17 billion in cash and stock to build an online grocery and restaurant delivery…
Microsoft bond sale draws $115bn in orders to fund AI expansion
Microsoft has launched a $25 billion debt offering to finance its artificial intelligence expansion, drawing more than $115 billion in…
Serval raises $150 million to expand its enterprise AI agents
Enterprise automation startup Serval has secured $150 million in a Sequoia-led round that triples its valuation to $3 billion.
AI assistant startup Wabi raises $55m at $1.25bn valuation
Personal AI startup Wabi has raised $55 million in a Series A funding round led by IVP, reaching a $1.25…
Digital Science acquires Jenni AI in research citation push
Digital Science has bought AI academic writing assistant Jenni AI to connect its eight million users to the Dimensions database…
Enterprise AI agents startup Crux Labs raises $6m to capture human judgment
New York startup Crux Labs has raised over $6 million to turn the tacit judgment of company staff into automated…
ServiceNow stock plunges 25% after bookings forecast misses
ServiceNow recorded its sharpest single-day market decline since going public in 2012 after projecting slower quarterly bookings growth.