Ed Ludlow

Elon Musk unveiled Tesla Inc.’s highly anticipated self-driving taxi at a flashy event that was light on specifics, leaving investors questioning how the carmaker expects to achieve its ambitious goals.

(Bloomberg) -- Amazon.com Inc.'s Amazon Web Services, the world's biggest cloud-computing provider, said that new systems running Nvidia Corp.'s Blackwell chips probably won't be online until early next year, a later timeline than originally anticipated.

(Bloomberg) -- Wall Street's top cop is sounding an alarm about the eurodollar market's potential to foment instability in global economies, and he

Ed Ludlow 1 min read In this article (Bloomberg) -- Waymo, Alphabet Inc.'s autonomous driving unit, raised $5.6 billion from investors, its largest-ever funding round.

(Bloomberg) -- Waymo, Alphabet Inc.'s autonomous driving unit, was valued at more than $45 billion including its latest round of financing, according to people familiar with the matter.

(Bloomberg) -- Saudi Arabia is planning a new artificial intelligence project with backing of as much as $100 billion as it seeks to develop a technological hub to rival the neighboring United Arab Emirates, people familiar with the matter said.

(Bloomberg) -- Activewear maker Vuori will allow some early investors and employees to sell shares in a tender offer that values the company at about $5.5 billion, according to people familiar with the matter.

The company is on track to meet the closely watched target thanks to a higher mix of premium models boosting revenue per vehicle sold and sales of regulatory credits, Rivian said in a statement Nov. 7