Novo Partners With Anthropic to Speed Up Drug Discovery Using Claude
The companies said their collaboration aims to address key challenges in the drug-discovery process by developing targeted solutions and workflows.
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Mucinex Maker Bets $400 Million More on U.S. Supply Chain
Reckitt expands a North Carolina manufacturing plant and a New Jersey campus to meet shifts in consumer demand.
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OpenAI Considers Pre-IPO Funding Round at More Than $1.2 Trillion Valuation
The ChatGPT maker has had preliminary investor discussions about a new raise. It is likely to go public next year.
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TikTok Parent's Revenue Grows as AI Spending Pressures Profits
ByteDance's artificial-intelligence spending pressured profit in the first half of the year, but the TikTok parent's revenue accelerated as a U.S. regulatory overhang cleared, people familiar with the matter said.
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Mistral Aims to Grow AI Consumer Base Through Mozilla Partnership
Mistral said Mozilla would leverage its artificial-intelligence models to power Firefox's AI assistant, betting on a partnership with a browser provider known for its privacy and data protections to win over more users and expand its consumer base.
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BlackRock Plans to Make the Corporate 401(k) Look More Like a Pension
The investment manager aims to overhaul target-date funds with more options for employers.
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Databricks Piles Investments Into Asia as Growth Accelerates
Analytics and artificial-intelligence software firm Databricks says its business in Asia is accelerating and plans to invest more in Singapore to tap regional demand.
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Trump Administration Shift Puts This Corner of Biotech Back in Favor
With the Food and Drug Administration's hard-liners gone, investors are rushing back into rare-disease bets.
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Apple Finally Built a Smarter Siri. It Still Hasn't Caught Up in the AI Race.
Siri finally works like a chatbot, but AI agent apps such as Instinct and Muse are stealing its thunder.
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EU Chief Reveals Plans for Curbing Children's Access to Social Media
The European Commission's president revealed details of a plan for a new EU-wide law curbing minors' access to social networks.
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Brookfield Agrees to $2.9 Billion Acquisition of Australia's Reliance
The plumbing-supplies manufacturer said Brookfield firmed its US$3.38-a-share proposal after four weeks of exclusive due diligence.
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Europe's Most Valuable Startup Gave Data to a Scammer. Now It Faces a Shakedown.
Digital bank Revolut handed hundreds of its customers' data to someone posing as a government agency.