AI Chip Firm DeepX Hires Morgan Stanley for Funding Before IPO
South Korean AI chip designer DeepX Co. has hired Morgan Stanley to assist with a round of capital-raising ahead of a potential initial public offering in 2027.
C3.ai Reports Sales Far Short of Estimates, Shakes Up Management
C3.ai Inc. released preliminary first-quarter revenue that fell far short of analysts’ estimates and restructured its sales management team. The shares fell about 10% in extended trading.
Kneecap Blasts Norwegian Government at Oslo Festival, Accusing It of Funding ‘Genocide’ Against Palestinians
Irish rap group Kneecap – which has drawn a storm of criticism, support, attention and legal action over the past half-year – continued to speak out about the war in…
Ex-OpenAI, DeepMind Staffers Set for $1 Billion Value in Andreessen-Led Round
Venture firm Andreessen Horowitz has agreed to lead a $200 million investment in Periodic Labs, a new startup building artificial intelligence for material science, according to people familiar with the matter.
The 12 Best Moments of ENHYPEN’s ‘WALK THE LINE’ U.S. Tour Kick-Off in New York
Only four months after ENHYPEN made their Coachella debut, the U.S. leg of the group’s ‘WALK THE LINE’ World Tour hit American soil with a pair of sold-out nights at…
In Canada: Morgan Wallen, Bruno Mars & Lady Gaga Top List of Most Popular Albums & Songs at Midyear
Canadians love Morgan Wallen. In the first half of 2025 in Canada, the country star’s I’m the Problem was the most popular album, while Lady Gaga and Bruno Mars’ “Die…
Cassian Undergoes Emergency Surgery, Cancels Shows
Grammy-winning electronic music producer Cassian has cancelled upcoming tour dates after undergoing emergency appendix surgery this week, he announced on social media. He shared the news with his followers on…
Stablecoin Growth is Hampered by Nagging Foreign Exchange Costs
Even as stablecoins enter a period of peak expectations, veterans in wider fintech circles see limitations to the tokens as an emerging payments tool.
2025 Q2 Earnings: Here’s What Every Music Company Made
The only sure thing in this earnings season is unpredictability. While the global economy remains resilient in the face of U.S. tariffs, and U.S. gross domestic product grew 3% in…
HYBE, Warner Music Group, Live Nation Stocks Post Big Gains After Earnings Results
HYBE was the week’s top performing music stock after its share price jumped 15.9% to 291,000 KRW ($209.33) following the company’s Q2 earnings on Wednesday (Aug. 6). The K-pop giant’s…