Mergers and Acquisitions

Markets

Amazon dials up AI race with $4B investment

Amazon is pushing deeper into artificial intelligence with its $4 billion investment in San Francisco-based AI start-up Anthropic, a company specializing in generative AI safety and research capabilities.

Markets

Disney undecided on ABC sale

Disney CEO Bob Iger has floated the idea of selling the company's TV assets, but with reports of a possible offer, the entertainment giant is not revealing its hand.