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Elon Musk's AI startup, xAI Corp., is in discussions to raise up to $4 billion in funding, potentially valuing the company at $18 billion, leveraging Musk's track record and high-quality data from his social network, X, to train AI models. read more.....»»

Lordstown Motors Corp. shares dropped more than 5% in after-hours trading Monday after the electric-vehicle startup reported a wider quarterly loss and said it is seeking "additional capital" to fund itself......»»

Top quant headhunters on Wall Street; JPMorgan apologizes for Super League; which investment banking analysts and associates are getting special bonuses. Hello, readers.Happy Saturday, and welcome to Insider Finance. Here's a rundown of the.....»»

The top finance stories for April 23, inc.....»»

Pilot.....»»

SoftBank Group Corp. is investing $500 million in mortgage lender Better as the Japanese investing giant seeks to ride a wave of swelling startup valuations......»»

A two-person startup that launched only last summer dominated the competition and took home the crown in Chicago Inno’s 2021 Tech Madness challenge. Choobs, a marketplace for socially conscious clothing brands, beat M1 Finance in the final ro.....»»

The top finance stories for April 1, including the latest news on Compass' IPO, Goldman Sachs, JPMorgan's VC banking buildout, Striim fundraise. Inside a trading floor on the New York Stock Exchange Bren.....»»

WeWork lost $3.2 billion last year, according to documents shown to prospective investors by the office-sharing startup as apart of a pitch for $1 billion in investment and a stock market listing, the Financial Times reported on Monday......»»

Social Finance Inc. plans to acquire a small community bank as it seeks to "accelerate" its own process of obtaining a bank charter......»»

Paro, the Chicago startup that connects companies to finance professionals, said it's promoted Anita Samojednik from chief operating officer to chief executive officer. Samojednik, former president of Chicago-based Groupon (Nasdaq: GRPN) International, .....»»

Plus: Nurses union demands better worker protection for potential second wave of Covid-19 Homeless nonprofit seeks to mitigate new risks for drug users Manhattan startup raises $25M to... To view the full story, click the title link......»»

The Oregon Senator, the ranking member of the Senate Finance Committee, wants to know whether people of color had equitable access to $349 billion in business relief loans......»»

Swedish logistics outfit Instabox has secured a €36 million ($39m) financing round, as it looks beyond its Scandinavian home market. The company, founded five years ago by Alexis Prifitis, Johan Lundin an.....»»

United Parcel Service (NYSE: UPS) has announced a collaboration with Wingcopter, a German-based electric vertical take-off and landing (VTOL) aircraft startup, to scale up its drone delivery operations in the U.S. read more.....»»

Lilac Solutions of Oakland is working with an Australian de.....»»

Mexico and other nations are seeking to mediate between Russia and Saudi Arabia to end a price war that has battered world markets, Mexico's finance minister said on Tuesday, citing his country's prior experience in calming a crude producer feud......»»

Mexico is seeking to mediate in the oil row between Russia and Saudi Arabia, the finance minister said on Tuesday, saying the conflict that has battered global oil prices had affected Latin America's second largest economy......»»

The head of the U.S. Consumer Financial Protection Bureau (CFPB) said on Friday that she is asking Congress to give the regulator power to pay whistleblowers for tips that help them track down wrongdoers......»»

Chinese cryptocurrency lending startup Babel Finance said it has reached a record of $380 million in outstanding loans as of February......»»