Norway’s $1.6 trillion sovereign wealth fund, the largest in the world, announced it will oppose Tesla CEO Elon Musk’s massive pay package at the company’s upcoming shareholder meeting
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Amazon’s $38 billion cloud partnership with OpenAI marks a major comeback for AWS, reinforcing its position in the global AI-driven cloud race.
Microsoft strikes a $9.7 billion deal with IREN to expand AI cloud capacity using renewable-powered data centers in Texas.
South Korea’s Samsung’s SDI has struck a deal with Tesla to supply more than 3 trillion won worth of ESS (Energy Storage System) batteries
Microsoft CEO Satya Nadella signals a new hiring phase, highlighting how AI-powered tools like Copilot and Microsoft 365 are reshaping productivity and workforce growth.
Veteran Silicon Valley investor and TiE co-founder cautions that soaring AI valuations and unrealistic expectations could trigger a sharp market correction — echoing the crashes of 1987 and the dot-com era.
Here’s a look at 10 US companies cutting jobs this year, along with the important details you need to know
Four Republican senators joined Democrats to overturn Trump’s global tariffs, citing economic harm, executive overreach, and risks to U.S. trade credibility and local industries.
Indian American professor to foster collaboration across disciplines and drive research at Discovery Park District at Purdue
Netflix is exploring a potential bid for Warner Bros. Discovery’s studio and streaming business, seeking to expand its entertainment portfolio with major franchises like Harry Potter and DC Comics.
Amazon CEO Andy Jassy says 14,000 layoffs stem from “culture” and organizational layers, not finances or AI, aiming to restore agility amid automation-driven restructuring.
The credit card giant is in advanced discussions to acquire stablecoin infrastructure firm Zero Hash for between $1.5 billion and $2 billion
OpenAI has been laying the groundwork for an initial public offering (IPO) of up to $1 trillion
General Motors said on Wednesday that it would lay off around 1,200 workers at the Detroit-area all-electric factory
Indian American insider tapped to help revive growth at online marketplace
Major Paramount layoffs begin today with CEO David Ellison seeking to reposition the company
OpenAI has finalized a major restructuring, solidifying its nonprofit foundation’s control over the company’s profit-driven operations
Vinod Khosla calls for a radical rethink of capitalism, proposing U.S. government ownership in public companies to share AI-driven wealth and ensure social stability.
UPS announces its “most significant strategic shift in history,” cutting 48,000 jobs and closing 93 facilities to streamline operations, boost efficiency, and offset rising costs.
Meta is laying off over 700 employees across its Puget Sound and Bay Area offices as part of a major restructuring of its AI and product teams.
AMD and the U.S. Department of Energy have partnered in a $1 billion deal to build two AI-driven supercomputers, Lux and Discovery, to advance science, energy, and healthcare.
Musk, who was once an admirer of Wikipedia, has accused the platform of harboring a “liberal bias.”
Amazon’s major restructuring cuts 14,000 corporate jobs as AI transformation reshapes roles across departments, with up to 30,000 layoffs expected amid growing automation investments.
PayPal partners with OpenAI to embed its wallet into ChatGPT, enabling secure shopping and agentic AI-powered checkout for hundreds of millions of users and merchants.
Tesla Board Chair Robyn Denholm urges shareholders to approve Elon Musk’s nearly $1 trillion pay plan, highlighting his pivotal role in advancing AI and future innovations.