ElevenLabs said on Wednesday it had completed a $300 million employee tender offer valuing the AI voice generation startup at $22 billion, twice the valuation it secured in its February ‌funding round.

The artificial intelligence boom has arrived in the riskiest corners of US credit markets, where leery lenders are demanding more compensation to fund borrowers whose future earnings remain largely unproven.

Mattel's longtime CEO Ynon Kreiz, who led the toymaker's transformation into a broader entertainment company, is stepping down and will be succeeded by board member Roger Lynch, head of Vogue and New Yorker owner Condé Nast.

Goldman Sachs' private credit fund said on Tuesday that investor requests to pull money further slowed down in the third-quarter tender offer, with redemption pressure ‌easing across the broader industry.

OpenAI aims to raise at least $30 billion in a funding round and is seeking a valuation of about $1.4 trillion, ‌not including the money raised, Bloomberg News reported on Tuesday, citing people familiar with the matter.

JPMorgan Chase has appointed Mark O'Donovan as its head of human resources, effective January next year, succeeding Robin ‌Leopold, CEO Jamie Dimon said in a memo seen by Reuters on Tuesday.

Goldman Sachs Group is reportedly laying the groundwork for a succession plan that would see President and Chief Operating Officer John Waldron succeed David Solomon as CEO as early as 2027 or 2028.

Smart ring maker Oura on Tuesday postponed its US initial public offering, the latest high-profile IPO hopeful to shelve its plans as volatile markets dampen investor appetite ‌for new listings.

Anthropic has long positioned itself as the virtuous AI company. An early look at its IPO filing shows how it is creating a new "Founder LLC" vehicle aimed at serving the common good, while insulating its leaders from market forces.

John Waldron has long been seen as successor to Goldman Sachs CEO David Solomon. The question was when the transition would happen.

Anthropic's hotly anticipated US IPO is expected to be one of the largest debuts ever attempted and a major test of public-market appetite for the rapidly growing artificial intelligence industry.

Wall Street is busy scouring AI stocks for signs of a bubble, but a new hedge fund tied to famed short seller Michael Burry is coming to the market eyeing more consequential warnings of rising froth elsewhere - in private credit loan books.

Seligman Investments has doubled the deployable capital of its venture arm to $1 billion less than a year after launching it, betting that ‌the physical bottlenecks of the artificial intelligence buildout will produce the next wave of large technology companies, its executives told Reuters.

Several major foreign banks have expressed their interest in a possible merger or combination ‌with Switzerland's UBS , a Swiss newspaper said on Sunday.

Paramount Skydance has reached a settlement with California and other states suing to block its $110 billion merger with Warner Bros Discovery , Bloomberg News reported on Monday, citing a person familiar with the matter.

Oura is targeting a fully diluted valuation ‌of $15.62 billion in its US initial public offering as the smart ring maker kicked off its roadshow on Monday, testing investor appetite for consumer technology companies after a slow start to the fall IPO season.

Shares of Warner Bros Discovery and Paramount Skydance jumped on Monday, after a report said Paramount and California's attorney ‌general were in advanced settlement talks that could clear one of the final hurdles to the companies' $110 billion merger.