No bull: Fund managers swing away from U.S. stocks by a record
Fund managers made their biggest cuts in U.S. equity allocations ever in March and bumped their cash allocations by the most in five years, according to Bank of America’s (BAC) monthly survey of the industry.Read more... [...]
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Anthropic's Claude Opus 4.6 brings 1M token context and 'agent teams' to take on OpenAI's Codex
Anthropic on Thursday released Claude Opus 4.6, a major upgrade to its flagship artificial intelligence model that the company says plans more carefully, sustains longer autonomous workflows, and outp [...]
Meta will fund seven new natural gas plants to power its biggest data center yet
Meta will essentially foot the power bill for the $27 billion mega data center it's building in Louisiana. On Friday, the Wall Street Journal reported that the company struck a deal to fund the e [...]
Norway’s $2.3 trillion wealth fund objects to John Elkann’s reappointment to Meta’s board
Norway’s Government Pension Fund Global, the world’s largest sovereign wealth fund, has withheld its vote on the reappointment of John Elkann to Meta’s board of directors. The fund said it belie [...]
20 Snap alumni launched an angel fund for the next generation of social media. They think “social” and “media” have split.
Twenty Snap alumni have launched Ghost Angels, an angel fund backing the next generation of social media and consumer AI startups. The fund has invested in at least five companies and plans to deploy [...]
A Kazakh fund-of-funds just made its first public venture bet on Central Asia’s startup boom
Kazakhstan’s Alem Capital Management has anchored a regional venture capital fund backing technology startups across Central Asia and the Caucasus, marking the fund-of-funds manager’s first public [...]
