Anthropic PBC is seeking a valuation of about $1.4 trillion in its initial public offering, in a bid to make history as the first frontier artificial intelligence lab to go public. Bloomberg's Bailey Lipschultz joins to discuss. (Source: Bloomberg)

Anthropic PBC is releasing a suite of tools that weave the company’s artificial intelligence capabilities into more everyday office work, a move that puts it in sharper competition with two of its backers: Microsoft Corp. and Alphabet Inc.’s Google.The features, set to be unveiled at a company event on Tuesday, include a video call assistant, a data dashboard tool and a spreadsheet service called Claude Sheets that closely resembles Microsoft Excel and Google Sheets, but with […]

Diamondback Energy Inc. and KKR & Co. agreed to jointly acquire a 70% stake in the oilfield water-handling company Deep Blue Midland Basin LLC, a deal that underlines the importance of water in the US shale industry.

Oura Inc. agreed to acquire artificial intelligence and on-demand doctor service Counsel Health Inc. for $625 million, expanding its business following a scrapped attempt to go public.

Amazon’s Ring unit debuted a flying home security drone more than six years after first announcing the product, marking the brand’s belated entrance into the robotics segment. Chris Welch got an early look at the device that ships in January (Source: Bloomberg)

A group of lenders to Tele Columbus AG are nearing a deal to provide around €350 million ($392 million) of new loans as part of a planned debt restructuring for the struggling German internet service provider.

What does Jensen Huang’s affair with a suspected Chinese spy mean for US security? It’s up to Congress to investigate where Huang’s dishonesty ends, Dave Lee says. (Source: Bloomberg)

At least 11 National Security Agency and US Cyber Command workers died by suicide over roughly the past year, according to US officials and public records, a greater number than previously known.