Shares of Alibaba (NYSE:BABA) rose over 7% in pre-open trading Friday following a rumor that the company would make a 10%, or $1 billion, investment in AI company DeepSeek. The China tech giant ...

Allstate said this week that it expects to lose $1.1 billion due to the Los Angeles fires, making it the second major insurer to announce the financial impact of the country’s single most costly ...

Don’t bet against the Super Bowl. At least $1.39 billion is expected to be legally wagered on Super Bowl LIX between the Philadelphia Eagles and the Kansas City Chiefs, according to new data ...

Allstate said the wildfires that blazed through Southern California last month will bring the insurance company a sizable loss. CEO Tom Wilson said in a statement Wednesday that the wildfire ...

Alphabet Inc.’s Google is backing artificial intelligence developer Anthropic with a further $1 billion, building its stake in one of the most promising rivals to OpenAI. The new funding comes ...

The company is close to $1 billion in cumulative quantum computing signings. While it could take a decade or more, IBM is well positioned for the commercial viability of quantum computing.

And it's the most meaningful one yet. This weekend, the animated blockbuster became the third film of 2024 to pass the coveted $1 billion mark at the worldwide box office. Moana 2 is only the ...

For those keeping score at home, those wagers are set to pay out $1.68 million and $1.575 million, respectively, if they cash. DraftKings took $300,000 from a single bettor spread across three ...

The animated sequel has generated $445 million domestically and $567 million internationally, bringing its grand total to $1.009 billion globally after eight weekends of release. “Moana 2” is ...

Google is making a fresh investment of more than $1 billion into OpenAI rival Anthropic, boosting its position in the start-up as Silicon Valley titans rush to develop cutting-edge artificial ...

Google is making a fresh investment of more than $1 billion into AI startup Anthropic, the Financial Times reported on Wednesday. This comes after Reuters and other media reported earlier in ...