Mark Bergen

Alphabet Inc.’s Isomorphic Labs raised $2.1 billion in its second round of outside capital, with new support from sovereign wealth funds, as it seeks to make artificial intelligence-designed drugs a reality.

Cloud computing provider Nebius Group NV reported a 684% jump in first quarter sales on increased demand for its data centers.

(Bloomberg) -- Cloud computing provider Nebius Group NV reported a 684% jump in first quarter sales on increased demand for its data centers.

(Bloomberg) -- Cloud computing provider Nebius Group NV reported a 684% jump in first quarter sales on increased demand for its data centers.

Fractile, a UK startup designing chips to handle artificial intelligence workloads, has raised $220 million to help produce its first processors.

(Bloomberg) -- Publicis Groupe SA agreed to buy online data broker LiveRamp Holdings Inc. for about $2.5 billion in cash, a sign of the French media

Norway’s $2.3 trillion wealth fund expressed dissatisfaction with the reappointment of John Elkann, chairman of Stellantis NV and chief executive of investor Exor NV, on the board of directors at Meta Platforms Inc.

A growing number of AI companies are focusing on an unproven approach called recursive self-improvement.

British members of parliament are calling on the government to end a major deal with Palantir Technologies Inc. and disclose more details of a military contract with the company, as UK political tension involving the controversial data firm ramps up.

PhysicsX, a British startup that develops artificial intelligence models for manufacturing components like jet engines and semiconductors, has raised $300 million at a valuation of roughly $2.4 billion, competing in a crowded field that includes Amazon Inc founder Jeff Bezos.