At last Friday's closing price, the gifted shares were worth about $10.7 billion. The donation equals roughly 1.5% of his holdings.

Meta CEO Mark Zuckerberg considered leaving California. He's staying on after Meta offered him a new class of shares.

Tesla's sales rose 15% from the previous quarter. Sales at other brands fell 3% combined over the same period.

AI company Anthropic said on Sunday it plans to set up a charitable LLC called the 'Anthropic Public Benefit Fund,' with company stock as its sole asset. The fund would receive larger stakes as the company grows, starting with an initial commitment of 5% of Anthropic's shares that remains subject to shareholder approval. That 5% stake is valued at about $48 billion. The move mirrors rival OpenAI's creation of a similar nonprofit foundation in 2025.

Warren Buffett's storied company has historically avoided tech stocks, but Bending Spoons is a long-term acquirer that prizes ownership and learning.

Microsoft AI CEO said its latest AI model outperforms an OpenAI base model on certain pre-training metrics using a quarter of the compute.

The AI skeptics had a lot to say about Anthropic's Q3 revenue figure as the company lays the groundwork for a historic IPO.

Doubts about AI profits and growing reliance on outside funding are prompting investors to rethink how much semiconductor stocks are worth.

Anthropic reports $16.8B Q3 revenue at an investor meeting, signaling strong growth ahead of IPO.