Technology

OpenAI reportedly cuts fundraising and valuation targets amid AI jitters

In a bustling coffee shop in Manhattan, a group of entrepreneurs huddles around a table, their laptops open and coffee cups steaming. Among them is Sarah, a founder of a promising AI startup, who has been closely monitoring the shifting landscape of artificial intelligence funding. As she scrolls...

OpenAI slashes funding target by $10bn as tech anxieties mount

In a world increasingly captivated by artificial intelligence, the news of OpenAI's funding adjustments reverberates through the tech landscape. Just last week, CEO Sam Altman announced a significant shift in the company’s financial strategy, revealing that OpenAI is now seeking to raise $20...

Has the tech bubble burst? Why the Nasdaq’s rough ride looks eerily like 2000.

As the sun set over New York City on Friday, Wall Street faced a stark reality check. The Nasdaq Composite Index plummeted, marking one of its most significant declines in recent memory, and sending shockwaves through the tech sector. Traders and investors alike watched in disbelief as the index...

This cybersecurity stock will be the next to join the S&P 500

As the sun rises over the bustling streets of New York City, tech enthusiasts and investors alike are buzzing with excitement. On Wednesday, Okta , a leader in cybersecurity and identity management, is set to make its debut on the S&P 500, a significant milestone that reflects its growing influence...

How a Contractor’s Claude Agent Got Into the Pentagon

This week on “Uncanny Valley,” we discuss the contractor who plugged their AI agent into a Pentagon system, Anthropic’s IPO filing, and the volunteers gearing up to counter ICE at the midterms.

A Supply Chain Attack Put Malicious Anthropic Claude Extensions on Thousands of Devices

Thanks to a lucky break, flawed code in a tainted Claude extension prevented the attacker from fully worming their way into some 5,000 developer machines.

The selloff in tech stocks is shifting into overdrive

Technology stocks had been priced for perfection. They are now getting hammered.

Experts divided over Binance hack asset freezes, warn recovery is another matter

Binance's $6.3bn crypto hack biggest in history

Cryptocurrency giant Binance said on Thursday that $6.3bn (£4.7bn) of digital assets have been impacted by what is thought to be the biggest crypto hack on record.

Crypto giant Binance attempting to recover $6.3bn stolen in hack linked to North Korea

The cyber-attack, which the company describes as complex, is believed to be the largest ever of its kind.

The big winners of the tech wreck are biopharma stocks

The shares of large drugmakers like Lilly, Gilead and J&J keep hitting record highs.

Anthropic may not secure investment-grade rating after IPO, Blackstone says

Private capital giant says AI group is expected to receive ‘high’ junk rating in shift from previous guidance