Technology

OpenAI slashes funding target by $10bn as tech anxieties mount

In a world increasingly captivated by artificial intelligence, the news of OpenAI's funding adjustments reverberates through the tech landscape. Just last week, CEO Sam Altman announced a significant shift in the company’s financial strategy, revealing that OpenAI is now seeking to raise $20...

Has the tech bubble burst? Why the Nasdaq’s rough ride looks eerily like 2000.

As the sun set over New York City on Friday, Wall Street faced a stark reality check. The Nasdaq Composite Index plummeted, marking one of its most significant declines in recent memory, and sending shockwaves through the tech sector. Traders and investors alike watched in disbelief as the index...

This cybersecurity stock will be the next to join the S&P 500

As the sun rises over the bustling streets of New York City, tech enthusiasts and investors alike are buzzing with excitement. On Wednesday, Okta , a leader in cybersecurity and identity management, is set to make its debut on the S&P 500, a significant milestone that reflects its growing influence...

How a Contractor’s Claude Agent Got Into the Pentagon

This week on “Uncanny Valley,” we discuss the contractor who plugged their AI agent into a Pentagon system, Anthropic’s IPO filing, and the volunteers gearing up to counter ICE at the midterms.

A Supply Chain Attack Put Malicious Anthropic Claude Extensions on Thousands of Devices

Thanks to a lucky break, flawed code in a tainted Claude extension prevented the attacker from fully worming their way into some 5,000 developer machines.

The selloff in tech stocks is shifting into overdrive

Technology stocks had been priced for perfection. They are now getting hammered.

Experts divided over Binance hack asset freezes, warn recovery is another matter

The big winners of the tech wreck are biopharma stocks

The shares of large drugmakers like Lilly, Gilead and J&J keep hitting record highs.

Anthropic may not secure investment-grade rating after IPO, Blackstone says

Private capital giant says AI group is expected to receive ‘high’ junk rating in shift from previous guidance

Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart

People Are Creating ‘Survival Guides’ to Cope With the ‘AO3 Apocalypse’

The fanfic site could be down for weeks due to a “security incident.” Users are not taking it well.

In a wild October for markets, these stocks were the biggest winners and losers

Many Big Tech stocks were hit hard but the S&P 500 showed strength under the surface, with a majority of stocks showing gains for the month.