AI disruption is set to accelerate this year, spreading to more borrowers, UBS’s credit strategists wrote. The impact could ...
A group of banks led by Deutsche Bank AG has been unable to sell about $1.2 billion of loans backing the acquisition of a ...
Investors are souring on the bonds of software companies that service industries ranging from automotive to finance as fast-paced artificial intelligence innovations threaten to upend their business ...
Warren Buffett has a great line on how hard it is to pick winners when major industrial change is afoot. “What you really should have done in 1905 or so, when you saw what was going to happen with the ...
SAP SE shares fell the most in more than five years as current cloud backlog in the fourth quarter slipped to a level that ...
Apollo Global Management Inc. took a loss on a portion of a $170 million asset-backed financing for Amazon brand aggregator Perch that was written off to zero, a rare stumble for a strategy touted as ...
Andreessen Horowitz has led a pre-seed funding round for Dentio AB, a Swedish startup that has developed a dental software ...
The selloff started after AI startup Anthropic launched a new productivity tool for in-house lawyers. Wall Street has been skeptical about software stocks for a while, but sentiment plummeted after ...
Siemens AG became Germany’s largest company by market value, overtaking SAP SE after the software firm’s shares plunged following a disappointing sales outlook.
Elon Musk is combining SpaceX and xAI in a deal that values the enlarged entity at $1.25 trillion, as the world’s richest man looks to fuel his increasingly costly ambitions in artificial intelligence ...
Microsoft Corp. is rolling out its second-generation artificial intelligence chip, the centerpiece of the company’s push to ...
Renault SA plans to reintegrate its Ampere electric vehicle and software operations as Chief Executive Officer Francois Provost reverses a strategy that sputtered due to lower-than-expected EV demand.
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