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GameStop has made an offer to acquire eBay for $56 billion in cash and stock.
AI chipmaker Cerebras is seeking to raise as much as $3.5 billion in a potential IPO planned for later this month.
OpenAI has raised over $4 billion for a new joint venture with TPG, Brookfield Asset Management, and Bain Capital to help businesses adopt its AI software.
Ryan Cohen's bid to acquire eBay is supported by a 'highly confident letter' from TD Bank for $20 billion in financing.
Anthropic has formed a partnership with Blackstone, Hellman & Friedman, and Goldman Sachs to encourage the adoption of its AI tools within their respective portfolio companies.
The new joint venture formed by OpenAI is expected to have a valuation of $10 billion, separate from the more than $4 billion in new funding it raised.
AI inference provider DeepInfra has raised $107 million in a Series B funding round with strategic investments from NVIDIA and Samsung.
Nikola Borisov, CEO of DeepInfra, predicts that AI inference will eventually account for 80% of all computing workloads.
The United Arab Emirates' air defense systems have been activated in response to a missile threat from Iran.
The price of Brent crude oil rose to $114 per barrel following reports of escalating geopolitical tensions between Iran and the UAE.
An oil tanker operated by a state-owned company in the United Arab Emirates was reportedly struck by Iranian drones.
The yield on the 30-year U.S. Treasury bond has surpassed 5% for the first time since July, driven by rising geopolitical tensions and inflation concerns.