AI is now a standard feature in finance departments, with 67% of finance teams currently using one or more AI tools, up from 56% the previous year and 31% in 2024. That is the main finding of a poll of 215 senior finance staff by CFO Connect, a communi…
Nvidia’s board has approved an extra $150bn for share buybacks, the company said on Monday. That lifts the total remaining authorisation to $235bn, which Nvidia expects to use through fiscal year 2028. Nvidia called it the largest increase to a share r…
Monzo is in talks about a sale to Brazil’s Nu Holdings, the owner of Nubank. A deal could value the British digital bank at between £8bn and £10bn, Mark Kleinman reported for Sky News on Saturday. The talks are at a relatively early stage, according to…
Raspberry Pi nearly doubled its revenue in the first half of 2026, helped by memory chips it stockpiled before prices soared. Revenue rose 90% to $256.9 million in the six months to 30 June, the company said in its interim results on Thursday. A year e…
Anthropic wants its seven co-founders to keep control of the company after it goes public. The company is asking shareholders to approve a special class of shares for them, The Information reported on Thursday. Chief executive Dario Amodei and his six …
Anthropic has signed an $11.6bn, seven-year agreement to use Akamai’s cloud infrastructure, Akamai announced after the US market closed on Thursday. The deal can grow by a further $9bn, which would take the total to about $20bn. As part of the deal, Ak…
Proxy adviser Glass Lewis has combined with Clarity AI, which sells sustainability data and AI analytics. The two firms announced the deal on Thursday. The deal closed on 23 September, and no financial details were disclosed. The combined company will …
Chinese AI lab DeepSeek is now bringing in revenue at an annualised rate of $1bn, The Information reports, more than double the under $500M it was running at a few months ago. The report cites two people with direct knowledge of the matter, and DeepSee…
Meta’s shares closed up 11.43% at $741.25 on Monday as investors piled into the company’s bet on AI agents. Trading volume hit 48.5 million shares, well above the three-month average, The Motley Fool reported. The rally made Mark Zuckerberg about $25bn…
Oura spent the first nine months of its financial year buying its own shares back from its investors. On Monday it started selling them to everybody else. The Finnish smart ring maker launched its initial public offering before the New York open. It is…