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Anthropic Wants You to Pay Up for Claude Fable 5 Read More »
Palo Alto Networks chief executive Nikesh Arora says the cost of running AI needs to plunge before businesses can deploy it at scale. He told CNBC on Thursday that token prices may need to fall by as much as 90%, according to CNBC. Arora was reacting to OpenAI’s claim that its new GPT-5.6 model is 54% […]
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Palo Alto’s CEO says AI prices must fall 90% before the tech really takes off Read More »
Ollama has raised a $65M Series B led by Theory Ventures. Benchmark, 8VC, Y Combinator and others joined. The round takes the company’s total funding to $88M, three years after it launched, and Ollama set out the plan in a blog post on Thursday. Founder and chief executive Jeff Morgan gave the details to TechCrunch, […]
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Ollama raises $65M as its open-model runner hits nearly 9M developers Read More »
Comcast is breaking up with NBCU. Why did it ever buy it in the first place? Read More »
Britain’s public sector has become deeply reliant on a small number of US cloud giants, and analysts warn the concentration is now a strategic risk. Nearly all UK government organisations spend on hyperscale cloud, with the dependency running into billions of pounds a year. Some 95% of central and local public-sector bodies spent on hyperscale […]
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Britain’s public sector runs on US cloud, and that is now a billion-pound risk Read More »
Databento has raised $97M in Series B funding to build what it calls the market data platform for modern finance. The round was led by New Enterprise Associates, with DRW, Redpoint Ventures, and Tribe Capital joining. The company announced the raise on Thursday. Demand ran well past the target. The round was oversubscribed, drawing more […]
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Databento raises $97M to take on Bloomberg’s terminal Read More »
SK Hynix’s American listing has been more than seven times oversubscribed, according to people familiar with the deal, a sign of heavy demand for one of the largest share sales Wall Street has fielded from a foreign company. The South Korean memory-chip maker was due to price its offering of American depositary receipts on Thursday, […]
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SK Hynix’s Nasdaq listing draws more than seven times the shares on offer Read More »
Qube Research & Technologies, one of London’s largest quantitative hedge funds, is doing something that would once have looked heretical for a firm built on code: it is hiring humans to pick stocks. The move, reported by Business Insider, places the fund alongside a small group of systematic managers that have begun to blend algorithms with […]
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Quant fund Qube is hiring human stock pickers to sit beside its algorithms Read More »
Luxshare Precision Industry began trading in Hong Kong on Thursday with a stumble, its shares sliding on a debut that had been trailed as the city’s biggest listing of 2026. The stock fell as much as 9.6% below its offer price before clawing back part of the loss, an underwhelming opening for one of the […]
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Apple supplier Luxshare slides in its record Hong Kong debut Read More »
Revolut has appointed Kuba Fast, the former chief executive of Chase UK, to run Revolut Bank UAB, the Lithuania-based entity that holds the fintech’s European banking licence. The move hands one of the industry’s most closely watched digital lenders a senior operator taken directly from JPMorgan Chase, as it presses on with a banking build-out […]
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Revolut hires ex-Chase UK boss Kuba Fast to lead its European bank Read More »