Financial ties stories

Sep 18, 2026

OpenAI projects $278 billion cash burn by 2030

OpenAI expects negative free cash flow of $278 billion from 2026 to 2030 as it ramps up spending on computing power and infrastructure, according to a company presentation reported by the Financial Times.

Sep 18, 20263 sources

Sep 13, 2026

GE HealthCare in talks to acquire Sofie Biosciences for $1 billion

GE HealthCare Technologies is negotiating a potential $1 billion acquisition of Sofie Biosciences, a radiopharmaceutical developer, according to reports from the Financial Times and Reuters.

Sep 13, 20262 sources

Jun 28, 2026

Google Limits Meta's Access to Gemini AI Models Over Capacity Constraints

Google has restricted Meta's use of its Gemini AI models after the social media company requested more computing capacity than Google could provide, according to the Financial Times.

Jun 28, 20261 source

Jun 16, 2026

OpenAI Spending Hit $34 Billion in 2025 Ahead of Planned IPO

OpenAI's annual spending reached $34 billion last year as the company prepares for a public offering, according to Financial Times reporting.

Jun 16, 20261 source

Jun 7, 2026

OpenAI Plans ChatGPT 'Superapp' Overhaul Ahead of Stock Market Listing

OpenAI is planning its biggest ChatGPT overhaul yet, aiming to transform it into a 'superapp' with coding tools and AI agents to boost revenue ahead of a potential IPO, according to the Financial Times.

Jun 7, 20261 source

May 15, 2026

Anthropic Closes $30 Billion Funding Round at $900 Billion Valuation

Anthropic has agreed to terms on a $30 billion fundraise that would value the Claude AI developer at $900 billion pre-money, according to Financial Times reporting. The round could close soon and involves OpenAI-linked investors.

May 15, 20261 source

May 7, 2026

Meta Developing Advanced Agentic AI Assistant for Billions of Users

Meta is building a highly personalized AI assistant capable of carrying out everyday tasks autonomously for its user base, according to Financial Times reporting. The project, internally codenamed 'Hatch,' represents Meta's effort to compete with similar initiatives from Anthropic and OpenAI.

May 7, 20263 sources

Apr 22, 2026

Revolut Targets $200 Billion IPO Valuation, Planned for 2028

Global fintech firm Revolut is eyeing a $200 billion valuation for its initial public offering, though the move is not expected until 2028, according to Financial Times reporting.

Apr 22, 20262 sources