Google is paying about USD 2.4 billion for talent and licensing rights from AI startup Windsurf, after a planned acquisition by OpenAI fell through over conflicts tied to Microsoft’s access to IP.

The already fierce rivalry between AI titans is heightened by this development. Microsoft is developing its own AI-driven coding tools through "agent mode" in Visual Studio Code, and Meta recently ...

Increasing White House pressure against Fed Chair Jerome Powell is yet to be priced in by Treasury markets, John Briggs of Natixis said. Investors are pricing interest rate cuts this year, weighing on ...