Elliott did not disclose the exact value of its investment, but described Synopsys as "essential to the global chip industry."

Here are five key things investors need to know to start the trading day.

Warren sent letters to Pete Hegseth and Sam Altman, asking for additional details of OpenAI's contract with the defense department and Anthropic's blacklisting.

A recent Spotify-ChatGPT deal is one more sign of how AI may be the best defense for a streaming music service in a me-too market for subscribers.

As OpenAI gears up for a potential IPO, it's outlined a more tempered infrastructure strategy and has moved away from an ambitious agreement with Nvidia.