Former FTC chair Lina Khan joins Mamdani transition team bringing aggressive antitrust stance shaping affordability economic policy agenda
Browsing: Business
Starcloud reaches unicorn valuation with orbital AI data centers, betting on Starship launches and space based computing infrastructure
Waymo plans autonomous tech for personal cars as robotaxi rides reach 500,000 weekly amid expansion and safety scrutiny
Bill Ackman calls Fannie Mae and Freddie Mac undervalued, predicting 10x upside amid conservatorship delays and tensions
Mistral raises $830 million to build Paris data center with Nvidia chips boosting Europe AI autonomy and competition
Sysco acquires Jetro Restaurant Depot in $29 billion deal expanding cash and carry reach among independent restaurants nationwide
Estimates based on index declines and total market capitalization suggest that roughly $4 trillion to $5 trillion in market value has been wiped out over this 28 day stretch
ChatGPT ads crosses $100 million revenue as OpenAI tests monetization while maintaining user trust privacy safeguards and transparency
Microsoft freezes hiring after layoffs as AI investments surge, shifting priorities while cutting costs and reshaping workforce strategy
US judge blocks Pentagon blacklisting of Anthropic amid dispute over AI military use and First Amendment retaliation claims
ByteDance rolls out Dreamina Seedance 2.0 on CapCut enabling AI video generation with safeguards amid copyright concerns
SoftBank Group secures $40 billion loan to deepen OpenAI investment amid intensifying global AI competition
Netflix raises subscription prices across plans citing service improvements while boosting revenue through ads growth, membership expansion
Durgesh Kaushik, Vice President of Product at Reddit, has stepped down from his role to co-found a new venture Modveon
Indian-born executive to lead logistics provider’s global technology strategy, oversee engineering teams in U.S. and India.
Apple will work with Bosch and Taiwan Semiconductor Manufacturing Company to manufacture chips for sensing hardware
SpaceX IPO hype sparks investor confusion as secondary market deals raise fraud fears and uncertainty over actual share ownership
Salesforce skips raises for senior employees boosts stock bonuses amid layoffs and shift to equity based compensation strategy
An AI Company scales rapidly by helping brands recover
lost revenue using artificial intelligence tools
IIT Madras alumnus helms one of the world’s premier hubs for high performance computing and data science.
The company is planning sweeping layoffs that could affect 20% or more of the company amid AI focus.
China has reportedly barred two Manus AI co-founders from leaving as regulators review Meta’s $2B acquisition for potential rule violations.
Trump appoints tech leaders including Zuckerberg Huang Ellison to AI council shaping US policy amid industry influence concerns
Baltimore sues Elon Musk’s xAI over Grok generating nonconsensual explicit deepfake images raising legal and ethical concerns
SK Hynix plans US listing to raise billions for chip expansion amid dilution concerns and global semiconductor competition