Saturday, September 19, 2026 · 1:04 AM ET
AI
A stealth large language model startup founded by a Tsinghua University professor has reached a $1.4 billion valuation, underscoring continued investor appetite for Chinese AI model developers.
AI
SoftBank expanded a credit line to $6.5 billion as it takes on more debt to bankroll its rapidly expanding artificial-intelligence infrastructure ambitions.
Markets
Software stocks are regaining momentum on the back of strong quarterly earnings, even as several companies flag risks from AI disruption to their businesses.
AI
Chinese AI agent startup Manus is seeking to raise about $500 million in a funding round that could value it near $4 billion, and is weighing a Hong Kong IPO.
AI
Hyperscalers Meta and Google are investing in long-duration battery technology that can store energy for many hours or even days, as they race to secure reliable power for their fast-growing AI data centers.
AI
Nscale, the Nvidia-backed U.K. data center and cloud provider that won a large deal to supply computing power to Anthropic, filed publicly to list on the NYSE under the symbol NSCL, disclosing a sharp revenue jump alongside steep losses; reports peg the sought valuation near $35 billion.
AI
A data center project tied to Meta priced a high-yield (junk) bond that drew blowout investor demand, underscoring Wall Street's strong appetite to finance the debt behind the AI infrastructure buildout.
AI
Anthropic is moving ahead with plans for an initial public offering, with the AI lab expected to reach roughly $100 billion in annualized revenue this year, even as CEO Dario Amodei publicly calls for slowing development of some advanced AI models.
Markets
The S&P 500 and Nasdaq posted their biggest one-day gains in six weeks as investors rotated back into AI and tech stocks, shaking off inflation and interest-rate worries.
AI
OpenAI expects negative free cash flow of about $278 billion from 2026 through the end of 2030, according to a private company presentation reported by the Financial Times, as it invests heavily in AI infrastructure and faces price pressures.
Markets
Accenture shares rose in aftermarket trading after it announced a partnership with Anthropic to embed evaluators for AI safety testing, having closed lower on the day.
AI Infrastructure
Investors are growing wary of Oracle's roughly $18 billion in data centre debt as permitting and construction delays mount amid local opposition in New Mexico.
Markets
Netflix shares fell after an analyst flagged a lack of breakout hit titles weighing on the streaming company's near-term outlook.