13+ hour, 21+ min ago   (286+ words) OpenAI will not pursue an initial public offering in 2026, CEO Sam Altman said, arguing that the company should prioritize artificial intelligence safety and alignment work before moving toward a public listing as revealed during an interview with Fortune. Altman said…...

1+ day, 3+ hour ago   (213+ words) Akerman has added Bruce Steinert as a partner in its Corporate Practice Group in Los Angeles, strengthening the firm’s West Coast debt finance and private equity capabilities. Steinert advises private equity sponsors, debt investment funds, public companies and privately held…...

1+ day, 3+ hour ago   (451+ words) Nvidia is reportedly in talks to become an anchor investor in Anthropic’s planned initial public offering, with the chipmaker considering an investment of up to $10 billion, according to a Reuters report. Anthropic is seeking to raise as much as $100 billion…...

1+ day, 3+ hour ago   (424+ words) Guggenheim Securities has hired Dan Daul as a Senior Managing Director in its Technology Investment Banking practice, strengthening the firm’s coverage of application software and financial technology companies. Daul is based in Guggenheim’s Chicago office and will focus on advising…...

1+ day, 3+ hour ago   (488+ words) Lazard has hired Daniel Burton-Morgan as Managing Director and Head of Equity Capital Markets Advisory, North America, within its Strategic Capital Solutions Group, adding an experienced equity capital markets banker to a newly created senior position. Based in New York,…...

1+ day, 11+ hour ago   (217+ words) Soho Square Capital has made a growth investment in Strathberry, the Scottish luxury leather goods company, marking the first investment from Soho Square Partnership Capital Fund II. Financial terms were not disclosed. Strathberry was founded in Edinburgh in 2013 by husband-and-wife founders…...

2+ day, 1+ hour ago   (288+ words) UBS Wealth Management US has opened a new office at 200 Spectrum Center Drive in Irvine, California, expanding its presence in Orange County and Southern California. The office occupies the 18th floor of the building in the Irvine Spectrum area and was…...

2+ day, 4+ hour ago   (289+ words) Altruist has launched an AI-powered financial planning agent within Hazel, its AI platform for financial advisors, allowing advisors to create personalized financial plans in minutes. The offering covers six core planning workflows: retirement planning, investment optimization, cash flow analysis, estate…...

3+ day, 2+ hour ago   (323+ words) Highstock has raised a $30 million Series A led by Andreessen Horowitz, or a16z, to expand its AI-powered B2B marketplace that helps consumer brands sell excess inventory to vetted wholesale buyers without relying on traditional liquidation channels. As part of the investment, a16z partner…...

3+ day, 2+ hour ago   (440+ words) Latham & Watkins has purchased Nvidia GPU servers and begun developing its own in-house artificial intelligence systems, giving the law firm greater control over sensitive client data while reducing its dependence on external AI and cloud providers. The move represents an…...