Anita Ramaswamy

The deals keep coming for semiconductor firms and OpenAI. In the past month, Nvidia, Advanced Micro Devices and Broadcom have each reached very different agreements to supply chips to OpenAI. The arrangements open up all three to the risk that OpenAI, which expects to burn $115 billion through ...

Chipmaker Cerebras Systems said in a securities filing on Friday that it was withdrawing its plans to go public. The news comes just days after the upstart looking to take on Nvidia announced it had officially closed a $1.1 billion fundraise from private investors that it had been putting together over the summer. That round represented an apparent pivot from the earlier plan its CEO, Andrew

Electronic Arts, the company behind popular video games such as FIFA, Madden football and The Sims, could announce a deal to sell itself to investors including Silver Lake, Jared Kushner’s Affinity Partners and Saudi Arabia’s sovereign wealth fund as soon as next week, The Wall Street Journal first reported on Friday. EA’s shares jumped 13% immediately following the report, bringing its market

The rise of artificial intelligence has turned the software industry into a minefield for investors. To address the risks, some are relying more on a metric known as net revenue retention to pick winners and avoid losers. In its simplest form, NRR, also known as net dollar retention, compares ...

Investors have embraced vibe coding as the next big thing in artificial intelligence. They are pouring cash into fast-growing companies offering coding assistants that can speed the work of software engineers—or potentially replace them. That optimism may be shortsighted. The companies that make ...

There are no bargains in artificial intelligence. Investors just gave $2 billion to Mira Murati’s Thinking Machines Lab, which is five months old, has no products and produces little revenue. There is value, though, if you look closely enough. Focusing on valuation, growth rates and revenue ...

Design software firm Figma said revenue rose 46% in the first three months of the year, to $228 million, and it tripled its operating income to $40 million, according to a securities filing for a planned public offering. It generated a gross profit margin of 91%, ranking it among the highest margins for enterprise software companies. The financial report also showed the steep costs of an

Recently, I argued that OnlyFans could sell itself for at least $30 billion, or nearly four times the price Ukrainian-American billionaire Leonid Radvinsky is reportedly considering, if only it finds an investor willing to overlook the stigma associated with porn. At the same time, though, the ...

OnlyFans is up for sale. The most obvious question about the porn-centric creator site is not what it will sell for, but what it would fetch if it delivered more socially acceptable content. A deeper analysis of the company, though, raises other important questions about regulations, artificial ...

Chime, a fintech that offers banking services to people with low and moderate incomes, says it aims to address the “fundamental misalignment between what’s good for banks and what’s good for consumers.” Now Chime is planning to go public, and the big question is what will be good for investors. ...

The impact of the falling dollar is rumbling through tech companies’ earnings and threatens to reduce investments in the industry for both established players and startups. Since President Donald Trump’s tariffs announcements a month ago, the dollar has fallen to its lowest level since 2022. The ...

Last week’s surge in interest rates, sparked by President Donald Trump’s tariff moves, might end a recent uptick in venture capital investing. Global VC deal value hit $126.3 billion in the first quarter, its highest level in nearly three years, according to data provider PitchBook. The rebound ...

CoreWeave, the AI–focused data center company set to go public Friday, is the hottest name in both finance and tech right now. Then there’s Nebius. Nebius also builds data centers aimed at artificial intelligence. It is already listed, so there is no IPO fanfare. It is also growing fast and has ...

Is Wall Street ready to work with artificial intelligence? Two of OpenAI’s biggest investors think so.Thrive Capital is set to lead at least a $40 million financing into Rogo AI, an artificial intelligence startup selling AI software for investment bankers and Wall Street analysts and investors, ...

Seemingly every week, a large company in an old, regulated industry is taking the cover off an artificial intelligence application that would have seemed unthinkable just a few years ago.The latest example is Fiserv, a 41-year-old provider of software for thousands of financial firms to process ...

Investors have declared Uber the winner in its bitter ride-hailing battle with Lyft. It’s true that Uber dominates the industry, but Lyft might be the better investment right now. Uber’s success is no secret. Its customers spent a total of $163 billion on the platform in 2024, roughly 10 times ...

Meta Platforms has been this year’s artificial intelligence darling. The Facebook and Instagram parent’s shares are up roughly 24% so far in 2025, despite CEO Mark Zuckerberg’s declaration last month that the company would lift capital expenditures 60%, mostly to pay for AI development. The ...

The tech industry’s project to build out artificial intelligence is proving even more capital intensive than the peak of the last investment supercycle by oil and gas firms in the mid-2010s. Microsoft, Meta Platforms, Amazon and Alphabet spent an estimated average of 17.2% of their revenues on ...

Seagate Technology and Western Digital Corp. may be best known for selling hard drives for personal computers, which means they’re likely not the first names that come to mind when one thinks of companies that will benefit from artificial intelligence investments. That mindset may be out of ...

Of Jack Dorsey’s two business creations, only one looms large in the public consciousness: the company previously known as Twitter. But by some measures, his other company, Block, has been a more successful enterprise. Dorsey has built Block’s original business—Square, which gives small ...