Warner Bros. Discovery rejects Paramount's hostile bid, calls offer 'illusory'

Warner Bros. Discovery called Paramount's offer "illusory" and said that the company had misled shareholders about its financing.

Larry Ellison’s big dumb gift to his large adult son

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Roomba maker iRobot swept into bankruptcy

Shenzhen-based Picea Robotics, its lender and primary supplier, will acquire all of iRobot’s shares.

Who’s making the most money in AI? It’s not who you think

The fastest growing companies in the world aren’t AI companies, but the startups that supply them with warm bodies.

Harness hits $5.5B valuation with $240M raise to automate AI's 'after-code' gap

Goldman Sachs has led Harness's Series E round, with participation from IVP, Menlo Ventures, and Unusual Ventures.

Oh look, CoreWeave is issuing $2 billion more debt.

In the story I wrote about CoreWeave, analyst Gil Luria told me the company has “to keep borrowing more and more because they spend more money than they can get, structurally. They have to continue to borrow to pay interest on the last loan.” Aren’t you glad Nvidia helped them go public?