Investing

Oura is taking its smart-ring business public, seeking to raise up to $2.2 billion by offering 50 million shares at $40 to $44 apiece after reporting 74% year-over-year revenue growth.

Nike shares dipped slightly early Monday morning after a rough weekend, including an apology for a Converse ad that critics said evoked racist imagery and the loss of one of its biggest advertising stars, though its stock price is still down from last week.

In experiments by startup Irregular, one of Anthropic and OpenAI’s security testers, an Alibaba Qwen agent decided to retrain an entire model when it was asked to fix a basic software bug. The new behavior adds to concerns about AI models’ unpredictability.

T. Rowe Price and Franklin Templeton, which each manage trillions in assets, bought into Canva at a US$40 billion valuation in 2021. Canva is preparing a foundation model it hopes will help reverse the trend.

After two of its portfolio companies became unicorns this year, Main Sequence hopes to raise $400 million for its fourth fund by the end of 2026. Main Sequence has hit the market to raise its fourth fund, with the deep tech VC hoping to secure $400 million to finance a new generation of bets in […]

John Hollister departed US$24 billion chipmaker GlobalFoundries last October. Now he’s joined Michelle Simmons’ Sydney startup Silicon Quantum Computing as CFO. Key Takeaways Key background Silicon Quantum Computing (SQC) has been building its executive bench as it moves to commercialise years of R&D. The startup first scored big in 2024 with the appointment of former […]

These billionaires have found a spot among the 400 richest Americans—before turning 40.

Cathie Wood, one of the world’s most famous tech investors, told Australian media that an Anthropic researcher’s warning AI could lead to humanity’s extinction is “ridiculous.” But there is investment opportunity amid the fear generated, she says.

The slump in AI stocks follows calls for a slowdown in advanced AI development from the leaders of Anthropic, OpenAI and SpaceXAI.

He once mused about how he could become a billionaire. Now he’s worth more than $25 billion.