There’s reportedly appetite from “one large rival” to buy the entire company, while other potential purchasers want only certain parts.
Source: Sherwood News.
Category: Business
-
Buterin’s sales, ETF outflow streak weigh on ethereum
The ethereum cofounder sold $5.9 million worth of the asset over the past several days.Source: Sherwood News.
-
Sandisk shakes off slide from secondary offering
Still making memories for shareholders.Source: Sherwood News.
-
Software stocks crater as independent research piece details potential AI dystopian scenario
The lowlights in this dystopian not-too-distant future: unemployment high despite elevated nominal growth and productivity, and the stock market tumbling as credit stress from companies laid low by AI metastasizes….Source: Sherwood News.
-
OpenAI’s planned cash burn was unlike anything we’d ever seen — now they’re doubling it
OpenAI is still the molten mass at the center of the AI universe, burning billions as it pulls talent, capital, and companies into its orbit.Source: Sherwood News.
-
Report: Anthropic CEO Amodei meeting with Hegseth at the Pentagon as tensions mount
The Pentagon is threatening to effectively blacklist Anthropic’s AI if it does not agree to loosen its restrictions on its models’ use for certain national security and intelligence applications.Source: Sherwood News.
-
Ives says AI represents huge opportunity for cybersecurity firms as losses mount
“Anthropic going after this market with an initial tool validates our thesis that cyber security is the next frontier for the AI Revolution.”Source: Sherwood News.
-
Anglo American halves De Beers’ value as the natural diamond slump deepens
The miner has now written down De Beers by roughly $6.8 billion over the past three years.Source: Sherwood News.
-
Better-than-expected jobs data has Federal Reserve’s standout doves shying away from rate cuts
The Fed officials who dissented in favor of cuts don’t seem to be in as much of a hurry to cut rates too much, too fast.Source: Sherwood News.
-
Bitcoin market pain intensifies as ETF outflows continue and miner exits for AI
Meanwhile, Strategy is unfazed by bitcoin’s woes and announced its 100th bitcoin purchase.Source: Sherwood News.
-
Taylor Swift’s “The Life of a Showgirl” sold 5x as many vinyls as the second-bestselling album last year
The smash hit accounted for 3% of all vinyl sales, per new data.Source: Sherwood News.
-
Norway wins 18 gold medals at the Winter Olympics, more than any other country in history
Despite its small population, the Scandinavian country has led the medal table at a third consecutive Winter Olympics.Source: Sherwood News.