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Elon Musk’s artificial intelligence company has raised $20 billion in its latest funding round, the startup announced on Tuesday, even as its flagship chatbot Grok faces criticism over creating sexualized, …

Unlock Editor’s Digest for free FT editor Roula Khalaf selects her favorite stories in this weekly newspaper. SoftBank Group has agreed to acquire DigitalBridge, a U.S.-based investor in data center …

Unlock Editor’s Digest for free FT editor Roula Khalaf selects her favorite stories in this weekly newspaper. Silicon Valley’s hottest start-ups have raised $150 billion in funding this year as …

Stay updated with free updates just sign up American Bank myFT Digest – delivered straight to your inbox. The six largest US banks are projected to add $600 billion in …

Unlock Editor’s Digest for free FT editor Roula Khalaf selects her favorite stories in this weekly newspaper. Despite Donald Trump pledging to buy $750 billion of US energy over the …

Illustration by Tag Hartman-Simkins/Futurism. Source: Dimitrios Kambouris/Getty Images for WSJ. Magazine Innovators Awards This summer, Meta CEO Mark Zuckerberg went above and beyond to revamp his company’s lagging AI division, …

Unlock Editor’s Digest for free FT editor Roula Khalaf selects her favorite stories in this weekly newspaper. Oracle co-founder Larry Ellison has agreed to personally bankroll the $40bn equity financing …

a new report It turns out that investment in the worldwide data center market reached $61 billion this year, setting a new record amid a wave of artificial intelligence boom. …

Amazon is in talks to invest more than $10 billion (£7.5 billion) in OpenAI, in the latest funding deal being struck by the startup behind ChatGPIT. If it goes ahead, …

Blue Owl Capital, Oracle’s biggest data center partner, will not back a $10 billion deal for its next facility, as the software group faces growing concerns about its rising debt …